Grand Ambition

Grand Ambition

An Extraordinary Yacht, the People Who Built It, and the Millionaire Who Can't Really Afford It

Book - 2013
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Baker & Taylor
A former Wall Street Journal reporter and author of The Proving Ground presents a narrative account of the construction of a $40 million yacht through the experiences of its contributors, tracing the audacious Ponzi scheme devised by its creator and the roles of the Southern Mississippi laborers who built it.

Baker
& Taylor

Tells the story of Doug Von Allmen's plan to build an extraordinary yacht and the way that the 2008 financial crisis threatened the project and the livelihood of the one thousand employees of the shipyard where it was built.

Simon and Schuster
G. Bruce Knecht, former reporter for The Wall Street Journal and author of The Proving Ground and Hooked, describes the creation of an outsized yacht in a sweeping narrative centered on the men and women who made it happen.

DOUG VON ALLMEN, a self-made man who grew up in a landlocked state dreaming of the ocean, was poised to build a 187-foot yacht that would cost $40 million. Lady Linda would not be among the very largest of the burgeoning fleet of oceangoing palaces, but Von Allmen vowed that it would be the best one ever made in the United States. Nothing would be ordinary. The interior walls would be made from rare species of burl wood, the floors paved with onyx and exotic types of marble, the furniture custom made, and the art specially commissioned.

But the 2008 economic crisis changed everything. Von Allmen’s lifestyle suddenly became unaffordable. Then it got worse: desperate to reverse his losses, he fell for an audacious Ponzi scheme. Would Von Allmen be able to complete Lady Linda? Would the shipyard and its one thousand employees survive the financial meltdown?

The divide between the very rich and everyone else had never been greater, yet the livelihoods of the workers, some of them illegal immigrants, and the yacht owners were inextricably intertwined. In a sweeping, high-stakes narrative, the critically acclaimed author of The Proving Ground and Hooked weaves Von Allmen’s story together with those of the men and women who are building his yacht. As the pursuit of opulence collides with the reality of economic decline, everyone involved in the massive project is forced to rethink the meaning of the American Dream.

Publisher: New York : Simon & Schuster, 2013
Edition: 1st Simon & Schuster hardcover ed
ISBN: 9781416576006
1416576002
Branch Call Number: 797.1246 K731g 2013
Characteristics: x, 244 p. : ill. (some col.) ; 24 cm

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