Plans unveiled for world's largest yacht

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Barely out of a global economic meltdown, the world's remaining billionaires have been presented with the largest and most extravagant superyacht yet.

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The floating palace has been designed at a whopping 656 feet (200 meters) in length -- as long as two football fields end-to-end.

If built, it would surpass the world's current largest private yacht, Russian billionaire Roman Abramovich's "Eclipse," by 99 feet (30 meters).

With a myriad of over-the-top luxury toys
-- including a two-level cinema, a nightclub and helipad -- the yacht unsurprisingly comes with a hefty price tag.

Berkeley March, the yacht's naval architect, told CNN the boat could cost up to $1 billion (£650 million) to build, "depending on the needs of the clients."

Source: CNN

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