Microsoft co-founder’s $162M yacht wrecks coral reef

The New York Post reports:

Microsoft co-founder Paul Allen has spent millions on ocean conservation and backed programs to save endangered coral, but those reefs had better not get in the way of his 300-foot megayacht.

Allen’s $162 million Tatoosh destroyed 13,800 square feet of coral reef in the Cayman Islands’ protected replenishment zone. Local officials said the massive anchor and chain wiped out most of the coral in the area on the western coast of Grand Cayman on Jan. 14.

Imagine that.