In the mid 1990s, Michael Saylor began buying domains because he thought he might turn them into successful businesses.

Which he did.

Some of his domains sold years later for tens of millions.

However, one of these domains failed.

It was Usher.com, which is why Saylor apparently decided to name his yacht after this failure as a reminder.

It's a 154-footer (47 metres) built in the U.S. by Delta Marine.

The yacht was built in 2007 but Saylor reportedly bought the yacht in 2013 for $31.5 million, and renamed it 'Usher'.

Saylor is apparently not using the yacht, but the boat is available to charter at around $230,000 per week.