Google ex-CEO Eric Schmidt wants to buy a shipyard whose revenue is reportedly less than what his superyacht Whisper costs to run, here's what's behind the 'unglamorous buy'

Google ex-CEO Eric Schmidt plans to buy a Spanish shipyard. This acquisition is for his ocean research ambitions. The shipyard's revenue is less than his yacht's operating costs. Schmidt's nonprofit supports scientists with research vessels. This move aligns with his institute's ongoing oceanographic work.

Google ex-CEO Eric Schmidt wants to buy a shipyard whose revenue is reportedly less than what his superyacht Whisper costs to run, here's what's behind the 'unglamorous buy'
Google ex-CEO Eric Schmidt plans to buy a Spanish shipyard. This acquisition is for his ocean research ambitions. The shipyard's revenue is less than his yacht's operating costs. Schmidt's nonprofit supports scientists with research vessels. This move aligns with his institute's ongoing oceanographic work.