Fleeing sanctions, oligarchs seek safe ports for superyachts
Associated PressWASHINGTON — The massive superyacht Dilbar stretches one-and-a-half football fields in length, about as long as a World War I dreadnought. Five years on, its purported owner, the Kremlin-aligned Russian oligarch Alisher Usmanov, was already dissatisfied and sent the vessel to a German shipyard last fall for a retrofit reportedly costing another couple hundred million dollars. That’s where she lay in drydock on Thursday when the United States and European Union announced economic sanctions against Usmanov — a metals magnate and early investor in Facebook — over his ties to Russian President Vladimir Putin and in retaliation for the invasion of Ukraine. “No self-respecting Russian oligarch would be without a superyacht,” said William Browder, a U.S.-born and now London-based financier who worked in Moscow for years before becoming one of the Putin regime’s most vocal foreign critics. For example, Russian metals and petroleum magnate Roman Abramovich is believed to have bought or built at least seven of the world’s largest yachts, some of which he has since sold off to other oligarchs.
History of this topic
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The Independent
US sanctions Russian officials, oligarchs, Putin’s megayachts
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Giant £570m superyacht ‘owned by Vladimir Putin’ is seized by Italian authorities
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The Independent
Italy seizes sanctioned Russian oligarch's $580 million superyacht
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$700m superyacht docked in Italy may belong to Putin, say US officials
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Fleeing sanctions, Russian oligarchs seek safe ports for superyachts
Firstpost
Fleeing sanctions, oligarchs seek safe ports for superyachts
Associated Press
Fleeing sanctions, oligarchs seek safe ports for superyachts
India Today
Fleeing sanctions, oligarchs seek safe ports for superyachts
The IndependentDiscover Related
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