With an estimated net worth of $17.5 billion, Microsoft cofounder Paul Allen can afford some expensive toys. His 414-foot yacht, "Octopus," has to be one of the best billionaire toys around.

SEATTLE (Reuters) - A massive luxury yacht owned by Microsoft Corp co-founder Paul Allen destroyed most of a protected coral reef during a visit to the Cayman Islands in the Caribbean earlier this ...

Microsoft billionaire Paul Allen is combating allegations by the ... The Cayman Islands Department of the Environment alleges that the yacht's dragging anchor chain did the damage, impacting ...

"Octopus" is believed to be the fourth largest yacht in the world only behind the ... club with M/Y Pelorus and M/Y Le Grand Bleu. Paul Allen who is rated the third richest US citizen and seventh ...

It was this advanced technology that a team finally used to locate the wreck, operating from his luxury yacht and exploration vessel, the Octopus, on behalf of Paul Allen. Allen announced the ...

An curved arrow pointing right. Paul Allen's yacht allegedly did some serious damage to a coral reef in the Cayman Islands, according to the Cayman News Service. He's also the cofounder of Microsoft.