Aussie Billionaire Wants To Rebuild The Titanic. Sigh.

Here’s more proof that billionaires have so much money that they simply don’t understand life. Australian billionaire Clive Palmer has announced he wants to build a high tech replica of The Titanic that will retrace the original journey of the ill-fated vessel. Because the whole Titanic story hasn’t been exploited nearly enough.

According to reports Palmer has established a new shipping company called Blue Star Line Pty. Ltd. which will design and construct the boat (dubbed Titanic II) with assistance from a historical research team.

Palmer released a statement regarding his plans that said, “It will be every bit as luxurious as the original Titanic, but … will have state-of-the-art 21st-century technology and the latest navigation and safety systems.”

Sounds like someone just became a top contender in the battle for Most Ridiculous Ways To Invest Hundreds Of Millions Of Dollars!

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