What Exactly Happens To Those Seized Yachts Of Russian Oligarchs?
What Exactly Happens To Those Seized Yachts Of Russian Oligarchs? ByJoseph Gibsonon March 16, 2022inArticles›Billionaire News It’s likely you’ve seen a few headlines about the massive superyachts belonging to Russian billionaires in overseas harbors being seized by various governments in opposition to the recent Russian invasion of Ukraine. Yachts in Italy (most notably Russian billionaire Andrey Igorevich Melnichenko’s $538 million Sailing Yacht A and Alexei Mordashov’s Lady M, pictured below), France, and the UK have been sanctioned, and in his recent State of the Union address President Biden promised the same for “your yachts, your luxury apartments, your private jets....