ACQUISITIONS: The Good Ship Trump

The Good Ship Trump

The Nabila is not for ordinary billionaires. This gilded 282-ft. yacht marks its owner as reigning king of the big spenders. And who might that be now? Last week it was confirmed that the new skipper is Donald Trump, 41, the Manhattan skyscraper builder and casino czar. Trump paid nearly $30 million for the liner, which contains 15 suites, a disco, pool, helipad and 296 phones.

Saudi Arms Dealer Adnan Khashoggi built the yacht for more than $100 million, but the hyper-rich Sultan of Brunei took possession of the boat earlier this year, when Khashoggi defaulted on a personal loan. The...

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