Billionaire playboy rallies rich against £10,000 super-yacht tax

New laws are 'more damaging than any in the world', claims Italian nightclub boss

News in pictures
News in pictures
On Facebook
From the blogs

Online House Hunter: England’s most romantic places

Our Online House Hunter goes in search of romance this Valentine's Day...

Roy Hodgson for England: A club of one

To argue against Harry Redknapp for England is akin to arguing in favour of bankers bonuses. While s...

Time for a reality check on the Sri Lankan civil war

Sri Lanka, much like Britain, has side-lined accountability long enough.

Children Of Alcoholics week: One million children may just be the tip of the iceberg

Children Of Alcoholics week starts today. So, what are the aims for Nacoa during this important week...

Two views of the world are at war in Italy, and last week the battlefield was the Billionaire nightclub on Sardinia's ritzy Costa Smeralda.

The club's owner is Flavio Briatore, who manages Renault's Formula One racing team and is a partner in London's Cipriani restaurant, but is better known as the ageing, 56-year-old Italian playboy who has squired a tribe of the world's most photographed women, including Heidi Klum, with whom he had a daughter, and Naomi Campbell. His current squeeze is Elisabetta Gregoraci, Italian starlet and nude model.

And last week he came out as a man of political conviction, willing to go into battle for his chosen cause: the right of mega-rich people like himself to pay less tax. Mr Briatore moves around the Mediterranean in his 63m yacht Force Blue. But in June, the governor of the island, Renato Soru, founder of the internet service provider Tiscali, a man of the left and a Sardinian nationalist, introduced tough taxes on the mega-rich.

From this year, owners of boats longer than 60m must pay €15,000 (£10,000) per season to use Sardinia's ports. Private planes with room for more than 12 passengers must pay €1,000 each time they land, while anybody owning a second home on Sardinia larger than 1,000 sq m will face a bill of €15,000 a year.

Hostility was immediate, and Mr Briatore has cast himself as the leader of the rebels. He has taken out full-page newspaper advertisements to protest, and on Thursday night hosted a party at Billionaire for objectors.

Those who claim Mr Briatore and his chums "leave nothing in Sardinia except empty champagne bottles" were wrong, he said. "The regional government should consult businesspeople like us before enacting laws more damaging than any in the world."

But Mr Sorusaid: "Certainly we could do as Briatore dreams, abolish all taxes on second homes and cover every last scrap of land with buildings, and in this way we would spark an economic boom in no time. But what would be left after 20 years? A handful would get rich, the rest would be onlookers."

Mr Briatore's argument that the taxes will spark an exodus received some support with reports that flash yachts are heading to Portofino on the coast of Liguria instead. But Tom Barrack, a Californian who is the biggest landowner on the Costa Smeralda, said there had been no decline in business. "The hotels and restaurants are all packed and the occupancy rate is 30 per cent up on last year."

Gigi Riva, the Sardinian manager of the Italian football team, said: "Fifty km from Briatore there are people who have sheep's cheese for dinner, milk for breakfast, then head for the hills to make a living. I don't believe the tax will cause the rich any problems. The coast will do just fine without them."

Independent Comment
blog comments powered by Disqus

Day In a Page

Apple admits it has a human rights problem

Apple admits it has a human rights problem

After years of complaints and workers' suicides in China the technology giant faces up to the human cost of its gadgets
Peter Moore: 'I feel guilty I'm the only one alive'

Peter Moore interview

'I feel guilty I'm the only one alive'
Sellafield faces nuclear option as overspending threatens plant's future

Sellafield faces nuclear option

Overspending threatens plant's future
Israel blames Iran for embassy bomb attacks

Israel blames Iran for embassy bomb attacks

Tehran rejects Netanyahu's 'lies' after diplomats in India and Georgia targeted
Former manager enjoying Apoel crack at the big time

Tommy Cassidy interview

Former manager enjoying Apoel crack at the big time
James Lawton: Patience may not be a virtue this time, Roman – Andre Villas-Boas looks all at sea

James Lawton: AVB looks all at sea

Abramovich's visits to training reinforce the idea of a coach feeling pressure from above and below
The 10 Best sledges

The 10 Best sledges

Not all of them require snow...
Procrastination: Not now – I'm busy

Procrastination: Not now – I'm busy

Confronting the real reasons for puttting things off can help us beat it
Fun in the sunset years

Fun in the sunset years

A new movie follows retirees moving to India for low-cost care and a culture of respect for the elderly. For many Britons, it's already a reality
Picture preview: Lucian Freud drawings

Lucian Freud drawings

Picture preview
Silent revolution at the Baftas as the French take top awards

Silent revolution at the Baftas

The Artist wins in seven categories, with Meryl Streep the other big success story
Whitney Houston: The diva who had – and lost – it all

The diva who had – and lost – it all

Nick Hasted charts the highs and lows of Whitney Houston's life
How Picasso won over (some of) the British

How Picasso won over (some of) the British

Winston Churchill and Evelyn Waugh hated his work, but Picasso provided inspiration for a whole generation of UK artists
Topshop: A Decade Of Design

Topshop: A Decade Of Design

When London Fashion Week starts on Friday, Topshop will celebrate 10 years backing its brightest young stars
John Prescott: 'My wife thought I'd just retire, but I'm not a slippers man'

'My wife thought I'd just retire, but I'm not a slippers man'

At 73, John Prescott isn't mellowing. In fact he's taking a shot at becoming a police commissioner