In one of the biggest transactions in the yachting world, the 289-ft. Maltese Falcon, the world’s largest, best designed, and most expensive sailing superyacht, changed hands for $120 million a few months back. Now the new owner, Elena Ambrosiadou, Greek-born founder of hedge fund Ikos Partners, has given her new toy a makeover and is offering it for charter in the Mediterranean this summer at the sublime rate of $500,000 per week. A masterpiece of technology and design, the yacht was recently featured on the cover of Luxury Toys: Top of the World. With its three 20-story carbon fiber masts fully rigged the yacht can cross the Atlantic in 10 days and also recently captured top honors in the Perini Navi Cup. – From Just Luxe