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Royals at sea: Long live the royal yacht?

With Spain's unemployment rate at more than 27%, the country's royal family has decided to give up their $27 million luxury yacht in an act of solidarity with their struggling citizens. The yacht, called "Fortuna", has hosted dignitaries from around the world. Here, Prince Felipe of Spain is pictured sailing the "Aifos" yacht during the 31st Copa del Rey Regatta in Palma de Mallorca last year.

With Spain's unemployment rate at more than 27%, the country's royal family has decided to give up their $27 million luxury yacht in an act of solidarity with their struggling citizens. The yacht, called "Fortuna", has hosted dignitaries from around the world. Here, Prince Felipe of Spain is pictured sailing the "Aifos" yacht during the 31st Copa del Rey Regatta in Palma de Mallorca last year.