Fancy A Ride On An Exact Replica Of The Titanic?

If you were a billionaire, how would you spend your vast fortune? Installing clean water systems in developing communities? Shopping sprees at Prada? Building an exact replica of a ship that sunk and killed 1500 people? If you chose the latter option, you’re on the same page as Australian billionaire Clive Palmer, who has contracted a Chinese shipbuilding company to make his dream come true, and just released artist renderings (shown above) and details about his plans for “Titanic II.” We’ve got the full scoop after the jump…

Passengers will be separated into three different classes and will not be allowed to move between classes (sorry, rich people–we all know the best parties take place in steerage). All passengers will be provided with historically accurate clothing and undergarments (yes, seriously), and will be able to enjoy the modern luxury of air conditioning but not internet (good call there: Jack and Rose might have never met if they had both spent their journey dicking around on Facebook!). A ticket for a first-class cabin will reportedly cost $1¬†million, so start saving now–or find an oil tycoon to marry–if you’re hoping for swanky¬†accommodations.

Titanic II will have capacity for 2,435 passengers and 900 crewmembers. The one historical inaccuracy Palmer is quite proud of: Titanic II will have enough lifeboats for everyone on board. The ship’s first (and hopefully not only) voyage from England to New York City is scheduled for late 2016.

Will it be as “unsinkable” as its predecessor?

“Anything will sink if you put a hole in it,” Palmer explained at a recent press conference. Comforting, right?

So, will you be clamoring for a spot on Titanic II? I’m starting a new savings account right now dedicated solely to paying for my ticket. Totally worth it, if only to run to the front of the ship and scream, “I’m the king of the woooorrrrllld!”