As a kid, I grew up boating. My dad did pretty well for himself, so he was always buying or selling a boat every few years, and we regularly enjoyed the 40’-50’ cruising power boats.
Why? Well, for us boating was a lot like camping, except better. For one, whatever island (in our case, being in Florida, some small middle Key) we traveled to, we first had to drive there. That meant speeding along the water, in your bathing suit, with wind in your hair. And it meant, as a young teenager, that I got to drive. Fun!
When we arrived, we’d have lots of great food (for some reason, grilled meat tastes better when you are camping) while we splashed in the water, road around on a small inflatable dinghy, or just took a nap in the sun (with a persistent breeze to keep you cool).
As it got dark, things would get quiet and relaxing…since we were boating, we could stay off shore and avoid the bugs. With the gentle rocking of the boat, and the lapping of water against the side, you were always fast asleep, although lingering outside to look at the stars while away from city lights was always mesmerizing.
Also, while you were enjoying this getaway, you were also likely to encounter other boaters. Almost universally, boaters are friendly and welcoming to others similarly situated, so there’d be lots of sharing of food and drink and socializing, when everybody is open to having fun.
Now, to all that add “yacht”. What are you getting? More luxury. Depending on the size and scope of the boat, you might be fully air conditioned when you go inside (the ones we had usually were). Maybe there’s room for a full sized bed and shower. Or you have satellite TV/internet. Meaning, while you are ‘camping’, you are doing so with all of the creature comforts of home (‘glamping’, they call it). It’s your chance to be out in nature, to travel, to enjoy good food and recreation, to ‘unwind and relax’, without any discomfort or sacrifice.
Also, as boats get more expensive, they include lots of toys - satellite navigation and fish finders are just the basics - and are really innovative about making great use of space, with lots of things like chairs, tables and beds that fold up and stow away. For many boaters, this is a hobby and it’s fun to indulge in the new innovations or ideas that are developed.
And, of course, all of that is without getting into the fun some people (not me) have with fishing (especially in open water). Also, it’s another means of international travel (hell, in South Florida, a trip to the Bahamas is only about 50 miles, no big deal to a well built ‘yacht’).
Other than the costs (which is why it’s good that Mr. Fudd was a millionaire), what’s not to love?