A superyacht owned by Bernard Arnault – the world’s second-richest man – has been banned from docking in Naples owing to a new regulation that has left multibillionaires “thoroughly disappointed” about missing out on staying at the southern Italian city.
Symphony, the LVMH boss’s 101 metre long, six-deck vessel was cast adrift off the coast of Naples before being told it could not be hosted at Mergellina port due to a recently introduced limitation on size.