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Superyacht sales surge thanks to wealthy Americans amid Russian oligarchs' retreat

A total of 203 superyachts were sold globally in 2023 — a 17% drop from last year, according to the…

Geoff Weiss   


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EU sanctions against Russian oligarchs leave hundreds of workers jobless on Italian island, report says

Some staff at Russian oligarchs' villas in Sardinia lost their jobs, while others were suspended wi…

Kate Duffy   


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Staff working on luxury yachts and private jets owned by sanctioned Russian oligarchs could face punishment as UK government tightens restrictions

Legislation means sanctioned Russian oligarchs will find it harder to hire workers to sail or fly a…

Kate Duffy   


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Grace Dean   


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3 mins read

Russian oligarchs' superyachts have avoided the US west coast and the Mediterranean since Russia invaded Ukraine, heat maps show

Russian oligarchs' superyachts have avoided America's west coast and the Mediterranean since Vladim…

Kate Duffy   


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UK deputy PM suggests seizing the mansions of Russian oligarchs and using them to house Ukrainian refugees

"If we've got the evidence and the legal basis, then we'll do it," Dominic Raab said on a radio sho…

Jake Epstein   


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US investigators have found evidence of Russian oligarchs attempting to evade sanctions, a report says

Russian oligarchs have been targeted by Western countries' sanctions, making them the prime target …

Sam Tabahriti   


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5 mins read

Russian oligarchs: Who they are, why they're so wealthy, why they've been sanctioned, and how they've responded

Russia's oligarchs have seen their yachts, private jets, and luxury property detained under Western…

Kate Duffy,Grace Dean   


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Russian oligarch secretly recorded saying Putin is 'very ill with blood cancer,' report says

The Russian oligarch said he hoped "crazy" Vladimir Putin would die of cancer in a secret recording…

Alia Shoaib   


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Kate Duffy   


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The US has become a tax haven, making it hard to sanction Russian oligarchs

The US says it will crack down on Russian oligarchs, but it's also become a tax haven for people wh…

Juliana Kaplan   


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Kate Duffy   


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Russian oligarchs' wives say it would be 'suicide' to go back to Russia in new documentary

A new documentary on Paramount+ features the wives of Russian oligarchs who speak out about Putin's…

Sam Tabahriti   


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Turkey's foreign minister says sanctioned Russian oligarchs are welcome as tourists and investors

If their yachts remain outside territorial waters of sanctioning countries, it's legitimate for oli…

Sam Tabahriti   


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US slaps fresh sanctions on 8 Russian oligarchs, including Kremlin's press secretary and a former Putin KGB coworker

Full blocking sanctions will be imposed on eight Russian oligarchs and their family members to cut …

Huileng Tan   


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More than 100 private jets owned by Russian oligarchs are stuck in Dubai after being flown there to escape sanctions, reports say

A cluster of private jets sit idle at Dubai airports where Russian oligarchs flew them to escape sa…

Zahra Tayeb   


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The UK wants to house Ukrainian refugees in the mansions of sanctioned Russian oligarchs

UK housing secretary Michael Gove told BBC that Russian oligarchs must face consequences if their w…

Kate Duffy   


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UK says it's blocked some yachts from leaving Britain over suspected links to Russian oligarchs and turned away 10 ships with ties to Russia

UK Transport Secretary Grant Shapps said the government was working to "clamp down on Russian inter…

Grace Dean   


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The UK says it has grounded another private jet with links to Russian oligarchs at a London airport

The transport secretary Grant Shapps said he "prevented the use" of a plane with Russian ties and w…

Zahra Tayeb   


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A superyacht maker said Russian buyers have incredible standards and request designs with tropical wood and exclusive leathers

A Dutch designer of Russian oligarchs' superyachts told the FT the crafting of the ships has to be …

Zahra Tayeb