The search for luxury Russian yachts has begun |  Abroad

The search for luxury Russian yachts has begun | Abroad

Penalties / videoThe American Business magazine reported that German authorities had seized a huge yacht owned by Russian billionaire Alisher Usmanov Forbes Based on three anonymous sources. The European Union put Usmanov on its sanctions list on Monday.


Bob Van Hoyt


Last updated:
13:04

The seized ship is Delbar, 156 meters long and valued at about $600 million. The yacht has been booked in Hamburg, where it has been at the shipyard for maintenance since October. Onboard features include the largest swimming pool ever built on a yacht, two helipads, and a sauna.

Five more ships of the Russian oligarchs have been moved to the Maldives in recent days, according to a database that monitors the ships’ movements. The Maldives is an archipelago in the Indian Ocean.

The United States announced, on Sunday, that it will form a task force to locate and seize the properties of the Russian oligarchs that have been punished.

Solaris of the Russian oligarch Roman Abramovich is located in the port of Barcelona. © Environmental Protection Agency

Cannes port is famous for its oligarchs and their families.

Cannes port is famous for its oligarchs and their families. © Getty Images / iStockphoto

Russian oligarchs are in the spotlight because of their often very good relationship with Vladimir Putin’s “friend” who ordered the Russian army to invade Ukraine. The European Union targeted at least two yachts owned by sanctioned billionaires – Alexei Mordashov and Alisher Usmanov. Their personal belongings can now be frozen in the EU, from private jets and luxury yachts to luxury real estate.

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American Business Magazine Forbes She is now also working to make money and investigate the fortunes of more than 100 Russian billionaires. Using data from yacht appraisers Vessels Value, the magazine compiled a list of all the yachts owned by Russian billionaires.

Usually, information about luxury yachts is top secret, according to Forbes expert Sam Tucker. His company is confident of its own records on these yachts, which are generally held by offshore companies registered everywhere and elsewhere: from the Isle of Man to the Cayman Islands. In all, the 32 yachts being tracked are now worth over €3 billion.

The luxury yacht Oligarch Vagit Alekperov will leave the warehouse at Heesen Yachts in Oss in January.  According to Forbes, it cost 60 million euros and is now in Montenegro.

The luxury yacht Oligarch Vagit Alekperov will leave the warehouse at Heesen Yachts in Oss in January. According to Forbes, it cost 60 million euros and is now in Montenegro. © Heesen Yachts

Tucker knows that owners often mask their assets with complex leasing systems. The separate company in Malta can be the owner, but the oligarch is the only user. With the Russian economy collapsing under the weight of international sanctions, the yachts owned by the country’s billionaires are docked in a brighter atmosphere: from Monaco and Barcelona to Dubai and the Seychelles.

Forbes publishes Then a long list The oligarchs and their floating toys.

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