Rupert Murdoch is selling his yacht for $29.7 million


A source close to Rupert Murdoch tells CNBC’s Robert Frank that the sale of the yacht doesn’t have anything to do with the media mogul’s divorce filing. “Rupert works all the time,” a broker says. “He loves the boat, he loves to sail, but he doesn’t really use it much.”

* Rupert Murdoch is asking $29.7 million for his yacht (
* Check out the ad for Murdoch’s Rosehearty (
* From 2009: Murdoch is renting out his Rosehearty for $373,451 a week (