You Searched For "oligarch" and got 20 results
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2 mins read
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
4 mins read
Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
Russian oligarchs' superyachts seized as part of sanctions resulting from Russia's Ukraine invasion…
Madeline Berg
1 min read
A Russian oligarch's megayacht seized by the US is costing taxpayers a fortune, and the government is desperate to sell
US officials say the $300-million Amadea is owned by Suleiman Kerimov, a sanctioned Russian billion…
Pete Syme
1 min read
Judges just unsanctioned 2 Russian oligarchs worth almost $20 billion
A top European court found there was insufficient evidence that Mikhail Fridman and Petr Aven had b…
George Glover
2 mins read
A pro-Kremlin oligarch's impounded yacht is being auctioned off — with the money going to Ukraine
The Royal Romance, owned by Viktor Medvedchuk, would be the first seized asset sold to help fund Uk…
Thibault Spirlet
2 mins read
Eric Schmidt was supposed to buy a yacht once owned by a Russian oligarch. Here's the one he bought instead.
Eric Schmidt backed out of buying the Alfa Nero megayacht last year and instead purchased the Shahi…
Madeline Berg
1 min read
The US wants to auction off an oligarch's seized $300 million yacht that's been racking up $600,000 a month in maintenance
Another Russian oligarch — who hasn't been sanctioned — claims to own the yacht and wants the ship …
Huileng Tan
5 mins read
A teen posing as an oligarch's son mysteriously jumped to his death after befriending a gangster and a crypto millionaire
New evidence is emerging in the death of Zac Brettler, a 19-year-old who jumped from a fifth-floor …
Mikhaila Friel
2 mins read
The US wants a Russian oligarch's seized $300 million superyacht that features an infinity pool, a movie theater, and a helicopter landing pad
US attorneys filed legal papers to have the seized superyacht they say is owned by sanctioned Russi…
Paul Squire,Hannah Getahun
20 mins read
Ukraine needs $1 trillion to rebuild. The country's oligarchs plan to loot it.
Insiders fear that under Andriy Yermak, Zelensky's right-hand man, Ukraine's influx of foreign aid …
Paul Starobin
3 mins read
Billionaires like Jeff Bezos and Steve Jobs are spending six figures a year maintaining their superyachts. Here's why.
The cost of a superyacht isn't just the purchase price. Billionaires spend tens of millions a year …
Madeline Berg
3 mins read
Underwater superyachts? A CEO is pitching fantastical ships that can go 800 feet down and stay submerged for weeks
The Migaloo M5 concept involves a 540-foot base-model submersible superyacht that could keep its we…
Mia Jankowicz
2 mins read
A Yale professor is slamming Bill Ackman's campaign against Harvard, calling the billionaire investor an 'odious' oligarch
"Time to stand up to people like him. He's odious," said Yale public health professor Gregg Gonsalv…
Kwan Wei Kevin Tan
1 min read
Take a closer look at Russian oligarch's $700 million superyacht that is one of the largest in the world
Abramovich's 553-foot-long flagship is The Eclipse, estimated to have cost $700 million when built.…
Cork Gaines,Taiyler S. Mitchell
1 min read
Antigua and Barbuda is preparing to auction off an 'abandoned' $81 million superyacht linked to a Russian oligarch, reports say
The Alfa Nero has been linked by the US to Andrey Guryev, a Russian oligarch said to be a "close as…
Marielle Descalsota,Kate Duffy
1 min read
A Russian oligarch's $300 million seized superyacht must sail out of Fiji waters because it's a waste of money for government to maintain, court rules
Suleyman Kerimov's yacht is now in the hands of US authorities, Fiji said. The US estimates the ves…
Kate Duffy
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
2 mins read
Disgraced former FBI agent Charles McGonigal pleads guilty to working with a sanctioned Russian oligarch
Charles McGonigal was charged with taking money from a Russian oligarch in defiance of US economic …
Mattathias Schwartz,Rebecca Cohen
2 mins read
Russian oligarch's $300 million superyacht hides in plain sight in UAE's neutral waters, avoiding sanctions
The United Arab Emirates has been publicly neutral over the war in Ukraine and offered Russian olig…
Sam Tabahriti
2 mins read
A $120 million superyacht linked to a sanctioned Russian oligarch has appeared in Antigua more than 2 months after turning its tracking off
Alfa Nero's tracking system has been turned off since March 3 – just before purported owner Andrey …