Australian billionaire Clive Palmer announced in front of an audience that he would have the Titanic rebuilt. This costs him up to a ten-figure sum.

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. Palmer wants to spend between 500 million and one billion Australian dollars to fulfill his long-held dream. She should set sail in just a few years: Australian billionaire wants to recreate the Titanic.