Alwaleed's old yacht, the New Kingdom 5KR Yacht, was 282 feet long, and appeared in the Bond movie "Never Say Never Again." The boat has a disco, cinema, helipad, pool, guest rooms, and more.
But Alwaleed reportedly commissioned a new yacht double the size at 557 feet, making it the third biggest yacht in the world. It will cost a reported $500 million, but there's still no word on when it will be completed.