Australian billionaire Clive Palmer announced that he would have a faithful copy of the Titanic built. He wants to spend between 500 million and one billion Australian dollars to fulfill his long-held dream.

The maiden voyage from Southampton, UK, to New York is scheduled to take place in June 2027 and, unlike the ill-fated voyage in 1912, will take place without a collision with an iceberg. Of course Palmer wants to be on board himself. She should set sail in just a few years: Australian billionaire wants to recreate the Titanic.