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Wednesday, July 15, 2026 3:53 PM ET

Times of India - US News

US - Jul 16, 2026 - This tech billionaire lived six months a year on his 233-foot superyacht to avoid paying property taxes on land in California and New York - Innovative Microsoft engineer Charles Simonyi cleverly leveraged a bespoke superyacht to sidestep local taxation and stringent construction regulations. This mobile abode enabled him to traverse the globe while circumventing substantial property tax liabilities. His forward-thinking strategy predates ongoing discussions surrounding wealth taxation in high-levy regions. A trailblazer in digital technology and space tourism, he eventually acquired an even grander superyacht to enhance his aquatic adventures.

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