Next Frontier for the Rich: Under the Sea


They have climbed every mountain, crossed every ocean and been to space. What’s left for adrenaline-addicted rich to explore?

(Courtesy of Hawkes Ocean Technologies)
The DeepFlight Super Falcon diving in Monterey Bay.

Why the ocean depths of course. Action-billionaire Richard Branson is expected today to unveil a new business built around high-speed submarines that can carry high-paying passengers to depths of 100 feet.

Mr. Branson announced today in California, at the Newport Harbor Yacht Club, plans to go to the bottom of the world’s oceans in a solo craft (and, hopefully, return to the surface). As Wealth Report readers might remember, a company called Hawkes Ocean Technologies launched an open-cockpit winged submersible called the DeepFlight Merlin–for billionaire Richard Branson. Mr. Branson named his sub the “Necker…





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