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What it's like to cruise like a mogul
- "RM Elegant" is a 262-foot luxury megayacht
- Lavish parties have been thrown on the yacht, which is now on sale
- Diddy chartered the vessel in 2006 for a party in Saint-Tropez
(CNN) -- It's been the pleasure ground for moguls, Hollywood stars and other members of the glitterati -- and now it's on sale.
The 262-foot luxury superyacht "RM Elegant," which has played host to high-end bashes, most notably one thrown by party king Sean "Diddy" Combs, is on the market.
The hip hop tycoon, who has a penchant for luxury on the high seas, rented the boat for a decadent party for more than 130 guests in Saint Tropez in 2006.
The "RM Elegant" is being sold by broker Edmiston, which declined to disclose the owner's asking price.
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