Why Google’s ex-CEO wants to buy a shipyard smaller than his superyacht

Global - Asia Archived • July 29, 2026 •

Google ex-CEO Eric Schmidt plans to buy a Spanish shipyard. This acquisition is for his ocean research ambitions. The shipyard's revenue is less than his yacht's operating costs. Schmidt's nonprofit supports scientists with research vessels. This move aligns with his institute's ongoing oceanographic work.

Source: https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original

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