Australian billionaire Clive Palmer announced his plans to build ... now has enough money to take on the project of building Titanic II. CNN reported that he first launched his plans to build ...

Last month, Australian mining billionaire Mike Palmer announced that his plans to build a Titanic replica cruise ship called ...

mostly for being a replica of the ill-fated original. Instead of the earlier launch in 2016, Titanic II will now sail in 2018. In 2012, Palmer announced that the $500-million ship was to be built ...