Over the coming weeks the Thames in London will literally be transformed into a floating village of luxury and excess. Up to 100 superyachts are due to arrive for the Olympic Games.

Among the first to arrive is Octopus (pictured above), the £130m super-yacht of Paul Allen, co-founder of Microsoft, the Ilona, belonging to to 81-year-old Australian shopping centre mogul Frank Lowy, and the Seanna – yours for the week for just £294,000. Check out pictures of the three in the gallery below.

There are also rumours that Roman Abramovich’s $1billion boat will arrive tomorrow. At 557ft, the Russian tycoon’s Eclipse is the largest private yacht in the world. It has two swimming pools, two helipads, a dedicated disco hall, 30 cabins, a cinema, a mini-submarine, and even its own missile defence system. Abramovich’s master suite is armour-plated and protected by bullet-proof windows and a laser system designed to dazzle long-lens photographers.

[Source: Daily Mail]