Bill Gates

Flickr Photo/Thomas Hawk

  Ross Reynolds talks with Sandra Stotsky, University of Arkansas education professor emerita, about Bill Gates' push to bring a new model of teaching history to classrooms around the world. 

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European news media are reporting that Microsoft co-founder Bill Gates has chartered a luxury yacht owned by Stolichnaya vodka magnate Yuri Scheffler.

The yacht, named Serene, is the third-largest superyacht in the world. The cost of chartering the boat runs around $2.1 million a week, according to Yacht Charter Fleet. That's roughly $212 a minute.

Gates and his family are vacationing in Sardinia. They are reportedly using the yacht's helicopter to go ashore for tennis.