Tito's yacht sells for pounds 1.4m

Wednesday 17 April 1996 23:02 BST

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Tito's yacht sells for pounds 1.4m

Belgrade - After two unsuccessful auctions, the luxury yacht of the late President Josip Broz Tito sold for $2.1m (pounds 1.4m) to a Paris-based American millionaire, Belgrade media reported. The new owner, who did not want to be named, may turn the 390ft Galeb (Seagull) into a ship design facility, reports said. AP

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Tito's yacht sells for pounds 1.4m

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