Businessman says he wants to build Titanic II
A wealthy Australian businessman who already dabbles in mining, tourism and horse racing said Tuesday he has a new way to spend his fortune: build the Titanic II.
"When you have a lot money and don't know what to do with it and you have a good idea . . . why not?" said Clive Frederick Palmer, 58, one of several international investors building the replica of the ill-fated ship.