An Australian billionaire has learned that passion projects don’t run on ambition alone.

Somnio, which means 'Dream' in Latin, was due to set sail last year but the $596million yacht has been delayed and the entrepreneur behind it was recently ordered to pay a costly bill ...

Somnio, which means "dream" in Latin, was due to set sail last year but has been hit by delays - it will have 39 luxury apartments on board with access to an on-board beach ...

Mr Le Souef founded Somnio - meaning ‘To Dream ... creating a ‘highly exclusive, ultra-luxury residential yacht’ complete with 39 bespoke apartments at a cost of £8.1 million apiece.

Somnio - The World’s Most Luxurious Floating Address is Here Prepare to have your jaw drop as the most exclusive nautical masterpiece, Somnio, redefines lux ...

A High Court judge said Carl Le Souef, the Australian entrepreneur and co-founder of Somnio, the company behind the scheme, had adopted a 'cagey approach' when cross-examined about where financial ...