FORT LAUDERDALE, FLORIDA - OCTOBER 25: Visitors walk among the boats that are on display at the 64th Fort Lauderdale International Boat Show on October 25, 2023 in Fort Lauderdale, Florida. The boat show, starts today and runs for five days, will exhibit more than 1,300 boats from small vessels to large, expensive yachts. (Photo by Joe Raedle/Getty Images)

Joe Raedle | Getty Images News | Getty Images

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As the yachting industry prepares for the Fort Lauderdale International Boat Show this week, executives are betting that the American wealth machine can continue to power the industry.

Americans now account for about 40% of all global yacht sales, according to industry executives. At the higher end, with yachts over 250 feet, Americans are the majority of the market.…