Palma.One of the most luxurious private yachts in the world, Amevi, is currently undergoing some refit and repair in Palma.
Amevi is the personal motor yacht of steel magnate Lakshmi Mittal who continues to be the UK's richest person with a personal wealth of 17.5 billion pounds.
He has topped the Sunday Times Rich List for the past seven years and was until recently the wealthiest person in South Africa because of his business interests in the African country but remains one of the top ten richest people on the planet.
When she was launched, Amevi was considered to be the world's most expensive, most luxurious super yacht.
Reckoned to be worth about 300 million euros Amevi provides luxurious accommodation for 12 guests, looked after by a crew of 22. It is 262 feet long and 45 wide and is powered by six giant engines which give it a comfortable cruising speed of 13.5 knots.
700 '000 euros
While Mittal is not on board, Amevi can be chartered for a cool 700'000 euros per week by those who can afford the luxury.
On board, she boasts cinema, a spa, a gym, VIP suites, a hair salon, massage room, helicopter landing pad and a pool table on stabilisers. Toys included a speed boat, tender, catamaran, loads of jetskis and an underwater jet bike! Diving equipment, surf boards, water skis, wake boards and towing toys like donuts and everybody's favourite, the banana boat, are also thrown in.
If you get bored
Finally, if you get bored, you can check up on what your friends are up to on Facebook courtesy of the VSAT Internet system.
Lakshmi Narayan Mittal is the chairman and chief executive officer of ArcelorMittal, the world's largest steel making company. Apart from his extreme wealth, Mittal is considered to be the 44th most powerful person of the 68 individuals named in Forbes's Most Powerful People list.
His daughter Vanisha Mittal's wedding was the most expensive in the recorded history of the world.
Apart from being on the board and an advisor to leading multinational companies across the board as well as the Indian government, he has a passion for sport.
For example, after witnessing India win only one medal, bronze, in the 2000 Summer Olympics, and one medal, silver, at the 2004 Summer Olympics, Mittal decided to set up Mittal Champions Trust with US$9 million to support 10 Indian athletes with world-beating potential.
He has also held shares in a number of English football clubs over the years, including QPR.