An incredibly expensive yacht called Shad Khan, which is one of the most expensive yacht in the world, has sold for $1.2 million in a very rare sale, according to reports.
According to reports, the yacht is one in a series of five luxury yacht which were sold in May, but the last of the series sold on May 22.
The yacht was on sale for a mere $1 million at auction, but after a bidding war between the two bidding parties, the bidding was so intense that the buyer won.
Shad Khan is one yacht in a larger collection, which includes four other vessels including the G-10 Yacht, the G8 Yacht and the M6 Yacht.
The yacht is also owned by the family of Shahid Khan, the billionaire who is believed to be the owner of the yacht.
In total, the four vessels are worth an estimated $1 billion.
The sale of Shad Khan was announced on Instagram, with the seller stating that they are “not sure” if the yacht will ever be sold.
The sale will be held at the Marina Diamante in Rio de Janeiro, Brazil, where the yacht was purchased from Shahid.
Shadh Khan was purchased in 2015 from the Shahid family for $4 million.
The $1million yacht was reportedly sold for a whopping $1 and a half million.