Simon Cowell – Rents Private Yacht for Luxury Vacations

With his vast net worth, Simon Cowell comfortably rents a yacht and goes on vacations weeks end-on. The utterly reproving media mogul and talent scout frequently rents the Slipstream yacht for luxury vacations and pays $350,000 a week for the pleasure.

Given his net worth is a whopping $550 million, it would be easier to buy a private jet of his own, but it seems that is nowhere in Cowell’s plans. Maybe he fell in love with this particular yacht. Or perhaps he just prefers to rent. The beauty of having so much wealth; what’s the need of buying when you can simply rent hassle-free?