Saturday, June 22, 2013

Life Is Good For Some In North Korea

The Princess Yacht 95MY luxury yacht is estimated to cost $7 million. Photo: Princess Yachts

Kim Jong-Un’s $7 Million Yacht: Living It Up Under UN Sanctions -- Jonathan DeHart, The Diplomat

It seems Kim Jong-Un has a taste for the finer things in life. According to a report by NK News, on May 28 North Korea’s state-run news agency Korean Central News Agency (KCNA) broadcast images of the 29-year-old autocrat, flanked by generals, walking on a dock with the starboard of a $7 million yacht looming behind them. The spectacle can be seen here.

The image of Kim and friends in front of the white shiny vessel was allegedly taken during a ten-day jaunt taken by the Supreme Leader along the nation’s impoverished eastern coast.

Will Green, sales director of Princess Yachts, an arm of the world’s largest luxury goods firm LVMH, told NK News that the ship appears to be a 95-foot-long Princess95M. “Given we launched the 95MY some years ago, many of them will have since changed hands on the private brokerage market,” Green said, adding the ship maker was not aware of how Jong-Un attained the boat and is looking into the matter.

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Previous Post: North Korean leader Kim Jong-un Has His Own Luxury Yacht

My Comment: This type of behavior is going to have an impact. Regular readers of this blog know that my nationality is Russian, and growing up and seeing the "Communist Commissars" and how they lived did have an impact on me. Envy is one of man's deadly sins, but when it exists on a political/social level and it is 'flaunted' continuously produces an environment that is ripe for a revolution.

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