Since late last week , a huge luxury yacht , 295ft long , has been off Magnetic Island. It is believed to be the $100million Phoenix 2, once owned by Poland's richest man , the late Jan Kulczyk , who died of a heart attack in July 2015, aged 65 , in Vienna. Despite standing out like the Titanic, the mainland media have failed to notice the vessel , which is now off Horseshoe Bay .