Friday, May 18, 2007

So Few Places to Land My Private 747

This story almost reads like a parody.

A visit to Thailand by Bill Gates has inspired the construction of a man-made island off the resort of Phuket, so the world's richest man and other billionaires can moor their huge yachts. Hoping to build an Asian playground for the rich and famous to rival the French Riviera and the Caribbean, cordless telephone tycoon Gulu Lalvani plans to build a doughnut-shaped island of 30 to 40 luxury villas and a hotel around a marina.

"Bill Gates was there last month with his wife on a 54 metre (177 foot) yacht and he loved it so much," Lalvani, founder of phone maker Binatone told Reuters in an interview.

"We sat on the beach together and he said it was one of the best holidays he'd had, and he would come back every year if only he had somewhere for his mega yacht."

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