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The U.S. seized Russian oligarchs' superyachts. Now, American taxpayers pay the price

Ayesha Rascoe

Ayesha Rascoe speaks with Stephanie Baker, senior writer at Bloomberg News, about the complications involved in seizing and maintaining superyachts owned by sanctioned Russian billionaires.

AYESHA RASCOE, HOST:

When the U.S. and its allies looked for ways to sanction the Russian elite, they zeroed in on their superyachts, filled with luxuries like heated pools and wine cellars. But as Stephanie Baker reports, the powerful symbolism of seizing a superyacht is followed by the expense of maintaining those pools and wine cellars and everything else aboard these floating palaces. Stephanie Baker is a senior writer at Bloomberg News, and she joins us now. Thanks for being with us.

STEPHANIE BAKER: Thanks for having me.

RASCOE: So you've written a series of articles on the West's seizure of these yachts from Russian oligarchs. What have you learned about what goes into maintaining these types of boats? Like, you can't just let them sit at the dock?

BAKER: No, it's not a case of turning off the lights, locking up the door and leaving them until the war in Ukraine is over. These things take an enormous amount of money to maintain. Even stuck in ports, they have to be staffed with a, you know, minimal crew to be on board in case of accidents, fires, fuel spills, the like. You know, for insurance purposes, insurance is another cost. They need to be washed so they don't entail a multimillion-dollar repaint job. And, you know, it's an incredibly costly process and complicated.

RASCOE: Is part of the issue they don't know what they're going to do with them?

BAKER: Well, in the case of the U.S., they have vowed to sell them eventually through a complicated process called forfeiture, where they have to go before a judge and prove that this superyacht has been bought with the proceeds of crime or involved in some kind of crime. And that is a lengthy, difficult process, especially in the case of Russian-linked superyachts because it's not always clear who the owner is. One forfeiture expert compared it to seizing the proceeds of a drug lord. A drug lord may not have his mansion in his own name. It would be in his girlfriend's name. So there's a long process to establish not who owns it on paper, but who's really controlling it, who's directing it, who's making decisions about it.

RASCOE: So when the U.S. or the EU seizes a yacht, the cost of maintaining that yacht - it actually goes to the taxpayers, right? Like, so how much money are we talking about that taxpayers are paying?

BAKER: It is U.S. taxpayers that are paying for it, at least until they do sell it and then can recoup the costs. Typically, it costs 10% of a superyacht's value to maintain it. But when it's frozen in port, the cost will obviously be less. It's not eating as much fuel by cruising at sea. I did a lot of reporting to try to establish, what are the real costs of keeping these things in port. And I came to a pretty conservative estimate of something like 3%. Now, in the case of one superyacht, the one that the U.S. government seized and sailed from Fiji to San Diego, I established that the annual costs of keeping that in port are about 10 million a year.

RASCOE: So 10 million a year. That's for one yacht?

BAKER: That's for one yacht.

RASCOE: For one yacht.

BAKER: And that's a conservative estimate.

RASCOE: OK. And so all together, do you have any sense of how much that might be?

BAKER: Well, globally, including the EU and the U.K. - they've seized more than 15 superyachts. And we're talking tens of millions. But if you're a sanctioned Russian oligarch with your asset frozen in a port, how long are you really going to pay? So we're looking at potentially years of litigation over these vessels about who's paying, you know, the maintenance. And they're essentially going to be in sort of legal purgatory for many years.

RASCOE: And so, I mean, most of us will never step foot on a superyacht. So it's hard for us to imagine. What is the most outrageous luxury that you've come across or one that, you know, really stood out to you?

BAKER: Right. So I went to the Monaco Yacht Show at the end of September and got on board one of the most luxurious, expensive superyachts. It was just the most incredible floating mansion. It had hand-painted bathrooms, handmade curved bar, a pool, elaborate bedrooms, you know, very high ceilings, multiple decks. They are the most extravagant status symbol, really, amongst the billionaire class.

RASCOE: That's Stephanie Baker, senior writer at Bloomberg News. Thank you so much.

BAKER: Thank you for having me.

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U.S. seizes mega yacht owned by oligarch with close ties to Putin

PALMA DE MALLORCA, Spain — The U.S. government seized a mega yacht in Spain owned by an oligarch with close ties to the Russian president on Monday, the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites .

Spain’s Civil Guard and U.S. federal agents descended on the yacht at the Marina Real in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands in the Mediterranean Sea. Associated Press reporters at the scene saw police going in and out of the boat on Monday morning.

The seizure was confirmed by two people familiar with the matter. The people could not discuss the matter publicly and spoke to AP on condition of anonymity. A Spanish Civil Guard spokesman confirmed that officers from the Spanish police body and from the FBI were at the marina searching the vessel Monday morning and said further details would be released later.

A Civil Guard source told The Associated Press that the immobilized yacht is Tango, a 78-meter (254-feet) vessel that carries Cook Islands flag and that  Superyachtfan.com , a specialized website that tracks the world’s largest and most exclusive recreational boats, values at $120 million. The source was also not authorized to be named in media reports and spoke to AP on condition of anonymity.

The yacht is among the assets linked to Viktor Vekselberg, a billionaire and close ally of Russian President Vladimir Putin who heads the Moscow-based Renova Group, a conglomerate encompassing metals, mining, tech and other assets, according to U.S. Treasury Department documents. All of Vekselberg’s assets in the U.S. are frozen and U.S. companies are forbidden from doing business with him and his entities.

The move is the first time the U.S. government has seized an oligarch’s yacht since Attorney General Merrick Garland and Treasury Secretary Janet Yellen assembled a task force known as REPO — short for Russian Elites, Proxies and Oligarchs — as an effort to enforce sanctions after Russia invaded Ukraine in late February.

Vekselberg has long had ties to the U.S. including a green card he once held and homes in New York and Connecticut. The Ukrainian-born businessman built his fortune by investing in the aluminum and oil industries in the post-Soviet era.

Vekselberg was also questioned in special counsel Robert Mueller’s investigation into Russian interference in the 2016 U.S. presidential election and has worked closely with his American cousin, Andrew Intrater, who heads the New York investment management firm Columbus Nova.

Vekselberg and Intrater were thrust into the spotlight in the Mueller probe after the attorney for adult film star Stormy Daniels released a memo that claimed $500,000 in hush money was routed through Columbus Nova to a shell company set up by Donald Trump’s personal attorney, Michael Cohen. Columbus Nova denied that Vekselberg played any role in its payments to Cohen.

Vekselberg and Intrater met with Cohen at Trump Tower, one of several meetings between members of Trump’s inner circle and high-level Russians during the 2016 campaign and transition.

The 64-year-old mogul founded Renova Group more than three decades ago. The group holds the largest stake in United Co. Rusal, Russia’s biggest aluminum producer, among other investments.

Vekselberg was first sanctioned by the U.S. in 2018, and again in March of this year, shortly after the invasion of Ukraine began. Vekselberg has also been sanctioned by authorities in the United Kingdom.

The U.S. Justice Department has also launched a sanctions enforcement task force known as KleptoCapture , which also aims to enforce financial restrictions in the U.S. imposed on Russia and its billionaires, working with the FBI, Treasury and other federal agencies. That task force will also target financial institutions and entities that have helped oligarchs move money to dodge sanctions.

The White House has said that many allied countries, including German, the U.K, France, Italy and others are involved in trying to collect and share information against Russians targeted for sanctions. In his State of the Union address, President Joe Biden warned oligarch that the U.S. and European allies would “find and seize your yachts, your luxury apartments, your private jets.”

“We are coming for your ill-begotten gains,” he said.

Wednesday’s capture is not the first time Spanish authorities have been involved in the seizure of a Russian oligarch’s superyacht. Officials there said they had seized a vessel valued at over $140 million owned by the CEO of a state-owned defense conglomerate and a close Putin ally.

French authorities have also seized superyachts, including one believed to belong to Igor Sechin, a Putin ally who runs Russian oil giant Rosneft, which has been on the U.S. sanctions list since Russia annexed Crimea in 2014.

Italy has also seized several yachts and other assets.

Italian financial police moved quickly seizing the superyacht “Lena” belonging to Gennady Timchenko, an oligarch close to Putin, in the port of San Remo; the 65-meter (215-foot) “Lady M” owned by Alexei Mordashov in nearby Imperia, featuring six suites and estimated to be worth 65 million euros; as well as villas in Tuscany and Como, according to government officials.

Para reported from Madrid and Balsamo reported from Washington.

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Russian Superyachts Find Safe Haven in Turkey, Raising Concerns in Washington

Turkey’s welcoming ports are symptoms of a much larger problem: evasion of U.S. sanctions against Russia.

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By Elif Ince ,  Michael Forsythe and Carlotta Gall

PORT AZURE, Turkey — On a hot August evening at a marina on Turkey’s southern coast, the crew of the Flying Fox was hard at work, keeping the 446-foot superyacht immaculate for future guests willing to pay $3 million a week. One crew member leaned over the railing at the stern, wiping the highly polished surface next to the ship’s nameplate. Another was busy with a squeegee, cleaning glass.

The Flying Fox, the world’s biggest yacht available for charter, played host last year to Beyoncé and Jay-Z, who skipped the Met Gala in New York to cruise the Mediterranean and enjoy the vessel’s over-the-top amenities: a 4,300-square-foot wellness center with a Turkish bath and a fully equipped beauty spa, among many others.

Then Russia invaded Ukraine. Since then, the Flying Fox has been caught up in the dragnet of international sanctions designed to hobble the lifestyles of the oligarchs who help sustain President Vladimir V. Putin’s rule.

Yet, while some superyachts owned by or linked to Russian oligarchs facing sanctions have been seized in ports around the world, the Flying Fox and others caught up in the broader Russia penalties have found safe haven in Turkey, the only NATO member not to impose sanctions on Russia.

The flotilla of Russian superyachts in Turkish waters is raising tensions with the United States, which sees Turkey’s welcoming of the vessels as a symptom of the much larger problem: Russia’s access to Turkey’s financial system, potentially undermining Western sanctions.

Turkey’s strongman leader, President Recep Tayyip Erdogan, who has criticized Western sanctions against Russia, said in March that Turkey could not impose sanctions because of its energy needs and industry deals. “There is nothing to be done there,” he said.

In all, at least 32 yachts tied to oligarchs and sanctioned entities have sheltered in the country’s waters in recent months, able to move about or moor in its picturesque coves and bays without fear of seizure, according to a New York Times analysis. Ownership records of superyachts for the ultrawealthy are notorious for being hidden behind layers of shell companies. The Times analysis was constructed with news accounts linking Russian oligarchs to particular yachts that were then matched with vessel positions available on commercial sites such as MarineTraffic . In many instances, the yachts were spotted in Turkish waters by a Times reporter.

On Aug. 19, the Treasury Department issued a statement saying that the deputy treasury secretary, Wally Adeyemo, had told a Turkish official that the United States was concerned about Russians using Turkey to evade sanctions.

Three days later, Mr. Adeyemo sent a letter to Turkish business groups warning of penalties if they worked with Russian individuals or entities facing sanctions. Turkish banks, he added, risked losing vital correspondent relationships with global banks — and even access to the U.S. dollar — if they did business with sanctioned Russian banks.

In September, several Turkish banks stopped accepting the Mir payment system — the Russian equivalent of Visa or MasterCard. Their actions came after the United States warned that financial institutions expanding the use of Mir or entering into new agreements risked running afoul of American sanctions against Russia.

Nevertheless, Turkish marinas continue to service sanctioned Russians and their superyachts.

The warm turquoise waters, secluded beaches and trendy establishments of Turkey’s Mediterranean coast have long made it a popular and convenient destination for Russian yacht owners and charterers during the summer. Local restaurant menus are printed in three languages: Turkish, English and Russian.

In June, the Flying Fox was singled out by the United States as “ blocked property ” and its management company, Imperial Yachts, was also sanctioned. Nevertheless, the Flying Fox has been moored since at least May at Port Azure, a marina in the posh resort town of Göcek. Other superyachts there owned by or linked to sanctioned Russians have been cruising from one postcard-worthy cove to another in the area.

The town’s polluted waters are unsuitable for swimming, an attractive feature for superyacht owners because it keeps away crowds and unwanted publicity. And the vessels can easily steam to pristine waters nearby. If the pampered guests have any unfulfilled needs, small boats roam around the harbor, selling groceries, ice cream, Turkish crepes and even massages.

Port Azure, touted as the first “mega-yacht-only marina” in Turkey, was opened last year by STFA, one of Turkey’s biggest conglomerates. The marina , which prides itself on its website as being a “haven” that makes “problems big and small go away,” has hosted at least eight yachts linked to Russian oligarchs or sanctioned companies this past summer, the Times analysis found.

On June 1, a Turkish yacht broker posted on Instagram a video taken at Port Azure showing a lineup of five yachts collectively worth almost $1 billion, including the Flying Fox; the Lana, recently listed at $1.8 million a week for charter by Imperial; and the Galactica Super Nova, linked to Vagit Alekperov, a sanctioned Putin ally, according to news media reports.

As of Oct. 20 there were at least 13 yachts in Turkey linked to sanctions, the Times analysis found. Of those, four were owned by or linked to sanctioned individuals and nine have recently been offered for charter by Imperial, the sanctioned Monaco-based company.

A spokeswoman for Imperial Yachts said that after the firm was sanctioned in June, its clients terminated their contracts with the company and that it “no longer manages or charters” any of the yachts in Turkish waters.

But until late August, Imperial advertised yachts for charter and for sale on its website, including yachts in Turkish waters. After an inquiry by The Times, the listings were removed from Imperial’s website, which now displays only a notice announcing that the company had been sanctioned. The company spokeswoman said that it had “kept its other pages alive as a reflection of its former brand.”

“During the time that the other website pages were visible, Imperial did not engage in any business engagements,” Imperial said in response to emailed questions.

Roman Abramovich, the most visible Russian oligarch recently seen in Turkey, does not use Imperial Yachts to manage the construction of his opulent yachts or staff them after they are put to sea. Four yachts owned by or linked to Mr. Abramovich, who has been sanctioned by Britain and the European Union, the Times analysis shows, were in Turkey in August.

Should the United States choose, it has tools at its disposal to enforce its sanctions on the Russian oligarchs, even if their vessels are in Turkish waters and even if the Turkish government is unwilling to cooperate, said Daniel Tannebaum, a former sanctions official who served at the U.S. Treasury and the Federal Reserve Bank of New York.

One way, he said, would be to place sanctions on companies that service the oligarchs’ yachts in Turkey — the marinas, caterers and fueling companies. In that case, not just Russian yacht owners but also the many American yacht owners now in Turkish waters would have to take their business elsewhere, while the banks that do business with these companies might close their accounts so as to avoid becoming a target.

Superyachts are a significant source of income for the marinas, as well as other businesses in the area. In one example, Turkish news media outlets reported in April that Mr. Abramovich’s biggest yacht, the 533-foot-long Eclipse, ran up a fuel bill of $1.66 million in the port town of Marmaris. Its tanks took 22 hours to fill.

One of the four superyachts linked to Mr. Abramovich, the 460-foot Solaris, is moored in the Yalıkavak Marina in Bodrum, a trendy resort town in Turkey’s south. While lying idle, it still has 20 crew members who make trips every day to provision it, supply it with water and electricity and dispose of its waste, according to a port employee with direct knowledge of the matter, who spoke anonymously because he wasn’t authorized to speak publicly.

Solaris also receives a truckload of food every week through a catering company, he said, adding: “Twenty cases of asparagus — what would you do with so much asparagus?”

Yalıkavak is Turkey’s most luxurious marina, with stores like Prada, Louis Vuitton and Valentino on a promenade lined with palm trees overlooking the harbor. At least three yachts recently offered for charter by Imperial, the sanctioned management company, and three other yachts owned by or linked to oligarchs moored at Yalıkavak Marina this summer, the Times analysis shows.

In an emailed statement, the marina said that even though Turkey has not adopted sanctions, because it recognizes “international concerns,” the Solaris has been kept outside the marina’s boundaries. As for the vessels associated with Imperial Yachts, the marina said that it did not know, as the summer is “quite a busy time” and that it didn’t have a system in place to check whether an individual yacht might fall under international sanctions.

In August, the Eclipse, one of the yachts linked to Mr. Abramovich, was anchored in the middle of the bay off Göcek, a three-and-a-half-hour drive down the coast from Yalıkavak.

On an early morning in August, Ömer Kırpat, 56, was fishing on the shore in Göcek, sitting under a willow tree overlooking the yachts.

“The bells aren’t jingling,” he said, pointing to the bells attached to his rods to alert him when the fish bite. He showed his bucket with one lone fish inside, explaining that the fish avoid the shore because of pollution and noise from the boats.

Port Azure, the Göcek marina hosting the Flying Fox, was built over the port of a state-owned paper factory where Mr. Kırpat worked for 13 years as a security guard until it was privatized in 2001. He used to go there to swim, fish and have picnics every weekend with other factory workers and their families. “It was sparkly clean,” he said. “We caught the biggest fish there.”

He tried to go into Port Azure last year but was chased away. “We’re banned,” he said. “Soon they won’t even allow us to look inside. It’s heartbreaking.”

Michael Forsythe is a reporter on the investigations team. He was previously a correspondent in Hong Kong, covering the intersection of money and politics in China. He has also worked at Bloomberg News and is a United States Navy veteran. More about Michael Forsythe

Carlotta Gall is a senior correspondent currently covering the war in Ukraine. She previously was Istanbul bureau chief, covered the aftershocks of the Arab Spring from Tunisia, and reported from the Balkans during the war in Kosovo and Serbia, and from Afghanistan and Pakistan after 2001. She was on a team that won a 2009 Pulitzer Prize for reporting from Afghanistan and Pakistan. More about Carlotta Gall

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Yacht seized as U.S. ramps up oligarch sanctions so Putin 'feels the squeeze'

• France impounds yacht it says linked to Rosneft's Sechin
• Other Russian tycoons' yachts anchored in Maldives -data
• More sweeping sanctions to target oligarch assets
• White House wants Putin to "feel the squeeze"

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Maldives haven.

Reporting by Reuters in Washington D.C., New Delhi, Paris, Berlin, London, Moscow, Brussels and Barcelona, Writing by Ingrid Melander Editing by Mark Heinrich, Angus MacSwan, Leela de Kretser, Frances Kerry, Andrew Heavens and Cynthia Osterman

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16 superyachts owned by Russian oligarchs

Western sanctions over moscow's invasion of ukraine led to many luxury vessels being detained in europe.

Two superyachts linked to Russian billionaire Roman Abramovich were spotted on the Turkish coast on Tuesday, 'Eclipse' and 'My Solaris'. Mr Abramovich is among several wealthy Russians added to an EU blacklist as governments act to seize their yachts and other luxury assets. AP

Live updates: follow the latest news on Russia-Ukraine

Several luxury yachts owned by wealthy Russians have been detained across Europe this month.

It comes after the West imposed sanctions on oligarchs over Moscow's invasion of Ukraine .

Some have taken evasive action – two such superyachts linked to billionaire Roman Abramovich were spotted approaching the Turkish coast on Tuesday. A group of Ukrainians tried to stop one of the yachts from docking in Turkey.

Chelsea FC owner Mr Abramovich is one of several oligarchs who were added to an EU blacklist last week as governments acted to seize yachts and other luxury assets owned by the billionaires.

Western sanctions resulted in many large vessels relocating from Europe in the past few weeks. Several have headed to places such as the Maldives, which have no extradition treaty with the US.

Where is the Abramovich-owned yacht heading?

Mr Abramovich's yacht Eclipse was seen heading towards Marmaris on Tuesday, according to data compiled by monitoring site Marine Traffic, which was seen by Reuters.

The previous day, his superyacht Solaris was moored in Bodrum, about 80 kilometres from Marmaris, data showed, after skirting waters of EU countries.

There was no suggestion Mr Abramovich was on board either of the yachts.

Ukrainians attempt to stop Abramovich's yacht docking in Turkey

Which yachts have been detained?

On Monday, a superyacht linked to another Russian billionaire was detained by authorities after docking in Gibraltar.

The Axioma , believed to belong to Dmitrievich Pumpyansky, moored at Gibraltar on the southern tip of the Iberian Peninsula, Reuters TV footage showed.

Mr Pumpyansky, who is under UK and EU sanctions, owns Russia's largest steel pipe maker TMK. Data shows the 72-metre vessel is owned by a British Virgin Islands holding company called Pyrene investments, Reuters reported. An article published as part of the Panama Papers leaks names Mr Pumpyansky as a beneficiary of the holding.

On March 12, the world's biggest sailing yacht, called Sailing Yacht A and owned by Russian billionaire Andrey Igorevich Melnichenko , was seized by Italian police.

Several other luxury yachts have also been detained across Europe, including in Gibraltar, Mallorca in Spain's Balearic Islands and the French coast.

Here are 16 superyachts linked to wealthy Russians

1. Eclipse , a superyacht linked to sanctioned Russian oligarch Roman Abramovich , was this week spotted heading in the direction of Marmaris in Turkey.

2. Solaris , belonging to Mr Abramovich , moored in Bodrum at the start of the week.

3. The Axioma superyacht, belonging to Russian oligarch Dmitrievich Pumpyansky , who is on the EU's list of sanctioned Russians, was detained by authorities after docking in Gibraltar on Monday.

4. The Crescent , which was seized by the Spanish government in Tarragona, Spain, on March 17. The ship's owner is not publicly known, although it is believed to belong to Russian Igor Sechin, head of Rosneft Oil in Moscow.

5. Ragnar , owned by former KGB officer and Russian oligarch Vladimir Strzhalkovsky, who is not on the EU sanctions list.

6. Tango , owned by Russian billionaire Viktor Vekselberg, who was sanctioned by the US on March 11.

7. Lady Anastasia , owned by Russian arms manufacturer Alexander Mijeev, is retained at Port Adriano, Mallorca, as a result of sanctions against Russia and Belarus issued by the European Union.

8. Valerie was seized by the Spanish government in Barcelona, Spain, on March 15. Spanish newspaper El Pais reported that the ship is linked to Rostec State Corporation’s chief executive Sergey Chemezov.

9. The $578 million Sailing Yacht A owned by Russian billionaire Andrey Igorevich Melnichenko was seized by Italian police in the port of Trieste on March 12.

10. The 156-metre Dilbar superyacht is owned by Russian billionaire Alisher Usmanov.

11. La Datcha belongs to Russian billionaire businessman Oleg Tinkov.

12. Lady M , owned by Russian oligarch Alexei Mordashov, was seized by Italian police on March 5.

13. Amore Vero was seized in the Mediterranean resort of La Ciotat on March 3 by French authorities. The yacht is linked to Igor Sechin, a Putin ally who runs the Russian oil giant Rosneft.

14. Quantum Blue , owned by a company linked to Russian billionaire Sergei Galitsky, the head of Russian oil giant Rosneft, was seized in southern France on March 3.

15. Superyacht Luna is owned by Russian billionaire Farkhad Akhmedov.

16. Triple Seven is owned by Russian billionaire Alexander Abramov, according to media reports. The yacht was last up for sale in 2020 for €38 million ($41.85 million).

Take a closer look at Russian oligarch's $700 million superyacht that is one of the largest in the world

• Roman Abramovich had seemingly scrambled to avoid sanctions from the UK by moving his superyachts.
• One of those is The Eclipse, which cost $700 million to build and was once the biggest in the world.
• That yacht was once in New York City and we took some photos.

Like other Russian oligarchs, Roman Abramovich had seemingly scrambled to avoid sanctions and that included quickly moving his superyachts to more friendly waters.

Many of the 55-year-old billionaire's assets — such as the Chelsea Football Club and several homes — have been sold or frozen since Russia launched an unprovoked war on Ukraine, Bloomberg reported . 

While Abramovich couldn't move the Premier League football club Chelsea FC and sold the $3 billion club , his yachts are another matter. 

Abramovich's 553-foot-long flagship is The Eclipse, estimated to have cost $700 million when built. After sanctions were initially dropped by the UK against Abramovich, his second "smaller" $600 million superyacht, Solaris, left Barcelona, Spain, and moved to friendlier waters in Turkey.

Solaris was joined in Turkey by The Eclipse, which arrived from the Caribbean .

While the superyacht Eclipse was photographed in Turkish waters in early August , it was once docked at Manhattan's Pier 90, and Robert Johnson was able to get some pictures. Take a tour of the superyacht below. 

Robert Johnson contributed to this post.

Just south of this public parking lot on the roof of the Pier 90 terminal in New York City sat Russian billionaire Roman Abramovich's flagship yacht, the "Eclipse."

536-feet long and styled after military vessels.

The 2010 Eclipse cost $700 million and was the world's largest yacht when built.

The vessel has amenities to rival any ship on the sea — like its own mini submersible, perhaps similar to this— able to dive down 150-feet.

The Eclipse has two helipads.

Bulletproof glass and armor plates wrap the length of Roman's master suite and the bridge.

And a German-built missile defense system.

The ship's also supposed to have a laser defense against paparazzi trying to photograph the yacht's guests, but saw no evidence of the device when we were there.

The Eclipse has three launch boats.

That looked to be stocked with medical supplies and a variety of handheld radios.

From the cruise ship parking lot it felt like we were almost on the Eclipse itself.

But with little chance we'd be invited aboard through the ship's door here ...

... We hoped to find one of the 70 crew members required to sail the Eclipse and see if they'd tell us what ship life was like.

But we found no one interested in talking.

But we certainly didn't feel like paparazzi, or that we'd be lasered, when we were in the parking lot tourists use when they arrive to board their cruise.

From up here, the ship was simply stunning and the amount of work required to keep her that way apparent.

The Yacht Report says owning a superyacht costs about 20% of the ship's initial value every year.

But experts believe that Roman probably pays $75 million a year to run the private cruise ship with 24-guest suites.

Looking at the layout of the ship gets us talking about the two swimming pools inside, the disco, cinema, hair salon, and restaurant.

The billionaire's guests would use this door to enter any fore part of the deck.

Perhaps noting where the life rings were as they made their way about the ship.

At 13,000 gross tons, the Eclipse was, at the time, the largest vessel to use a special stabilization system to keep it calm in rough waters while anchored or moving slowly through the sea.

Roman faced a $150,000 tab for parking the Eclipse in New York City while possibly visiting his daughter and her new baby — about $2,000 a day.

A large yacht like the Eclipse can hold over 100,000 gallons of fuel.

Depending on the current price of fuel, a five-hour cruise each way could cost about $30,000.

None of those numbers are likely to concern Roman Abramovich, however, who has an estimated net worth of nearly $8 billion.

Source: Forbes

Here is some drone footage of the superyacht.

You can see interior photos of the luxury yacht at Boat International

Step on board the 162.5m Eclipse - the second largest superyacht in the world

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$300 Million Yacht of Sanctioned Russian Oligarch Suleiman Kerimov Seized by Fiji at Request of United States

Fijian law enforcement executed a seizure warrant freezing the Motor Yacht Amadea (the Amadea), a 348-foot luxury vessel owned by sanctioned Russian oligarch Suleiman Kerimov. Fijian law enforcement, with the support and assistance of the FBI, acted pursuant to a mutual legal assistance request from the U.S. Department of Justice following issuance of a seizure warrant from the U.S. District Court for the District of Columbia, which found that the Amadea is subject to forfeiture based on probable cause of violations of U.S. law, including the International Emergency Economic Powers Act (IEEPA), money laundering and conspiracy.

The U.S. Treasury Department’s Office of Foreign Assets Control designated Kerimov as part of a group of Russian oligarchs who profit from the Russian government through corruption and its malign activity around the globe, including the occupation of Crimea. In sanctioning Kerimov, the Treasury Department also cited Kerimov as an official of the Government of the Russian Federation and a member of the Russian Federation Counsel.

According to court documents, Kerimov owned the Amadea after his designation. Additionally, Kerimov and those acting on his behalf and for his benefit caused U.S. dollar transactions to be routed through U.S. financial institutions for the support and maintenance of the Amadea.

“This ruling should make clear that there is no hiding place for the assets of individuals who violate U.S. laws. And there is no hiding place for the assets of criminals who enable the Russian regime,” said Attorney General Merrick B. Garland. “The Justice Department will be relentless in our efforts to hold accountable those who facilitate the death and destruction we are witnessing in Ukraine.”

“Last month, I warned that the department had its eyes on every yacht purchased with dirty money,” said Deputy Attorney General Lisa O. Monaco. “This yacht seizure should tell every corrupt Russian oligarch that they cannot hide – not even in the remotest part of the world. We will use every means of enforcing the sanctions imposed in response to Russia’s unprovoked and unjustified war in Ukraine.”

“This seizure demonstrates the FBI's persistence in pursuing sanctioned Russian oligarchs attempting to evade accountability for their role in jeopardizing our national security,” said FBI Director Christopher Wray. “The FBI, along with our international partners, will continue to seek out those individuals who contribute to the advancement of Russia’s malign activities and ensure they are brought to justice, regardless of where, or how, they attempt to hide.”

“This seizure of Suleiman Kerimov’s vessel, the Amadea, nearly 8,000 miles from Washington, D.C., symbolizes the reach of the Department of Justice as we continue to work with our global partners to disrupt the sense of impunity of those who have supported corruption and the suffering of so many,” said Director Andrew Adams of Task Force KleptoCapture. “This Task Force will continue to bring to bear every resource available in this unprecedented, multinational series of enforcement actions against the Russian regime and its enablers.”

“The U.S. Marshals Service will continue to contribute our expertise in support of Task Force efforts to take possession of seized assets of Russian oligarchs during these forfeiture operations,” said Director Ronald L. Davis of the U.S. Marshals Service. 

The seizure was coordinated through the Justice Department’s Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, export controls, and economic countermeasures that the United States, along with its foreign allies and partners, has imposed in response to Russia’s unprovoked military invasion of Ukraine. Announced by the Attorney General on March 2 and run out of the Office of the Deputy Attorney General, the task force will continue to leverage all of the department’s tools and authorities to combat efforts to evade or undermine the collective actions taken by the U.S. government in response to Russian military aggression.

Upon receipt of a mutual legal assistance request from the United States, Fijian authorities executed the request, obtaining a domestic seizure warrant from a Fijian court.

The Amadea, International Maritime Organization number 1012531, is believed to be worth approximately $300 million or more. The yacht is now in Lautoka, Fiji.

This matter is being investigated by the FBI’s New York Field Office with assistance from the FBI Legal Attaché Office in Canberra, Australia, the Department of State’s Diplomatic Security Service, and the U.S. Embassy in Suva, Fiji.

Trial Attorney Andrew D. Beaty of the National Security Division’s Counterintelligence and Export Control Section and Trial Attorney Joshua L. Sohn of the Criminal Division’s Money Laundering and Asset Recovery Section are handling the seizure. The Justice Department’s Office of International Affairs, the U.S. Attorney’s Office for the District of Columbia, Customs and Border Protection, and the U.S. Marshals Service provided significant assistance. The United States thanks the Fijian authorities for their cooperation in this matter.

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Russian oligarch's $300 million mega-yacht, the Amadea, seized in Fiji

By Graham Kates

Updated on: May 5, 2022 / 11:34 AM EDT / CBS News

Fijian officials have  seized a massive Russian-owned  yacht worth more than $300 million, the U.S. Department of Justice said Thursday.

Two days earlier, a Fiji court authorized a U.S. warrant for the seizure of the ship, the Amadea, which American authorities say is owned by billionaire oligarch Suleiman Kerimov, who built his fortune in gold mining. Kerimov was  sanctioned  in March by the United States, United Kingdom and European Union in response to the Russian  invasion of Ukraine . The Justice Department said in a press release that Fijian law enforcement executed the seizure of the Cayman-Islands flagged vessel Thursday. 

"There is no hiding place for the assets of criminals who enable the Russian regime," Attorney General Merrick B. Garland said in the press release.

The court's ruling came despite the objections of a lawyer for Millemarin Investments, the company the 348-foot ship is registered to, who said it's not owned by Kerimov. Instead, he argued in court that corporate paperwork traces the Cayman Islands-flagged ship's ownership to Eduard Khudainatov, a former executive at Russia's state-owned Rosneft oil company who has not been sanctioned. 

Khudainatov has been tied to another even larger yacht that is the focus of intense international speculation and investigation in Italy. Local media there have said the $700 million Scheherazade — one of the world's largest yachts, which U.S. officials reportedly suspect may be tied to Russian President Vladimir Putin — is registered to him.

Kerimov and Khudainatov could not be reached for comment. The company appeal Tuesday's decision and Fiji's court was expected to rule on the appeal Friday. It is not clear why authorities moved to seize the Amadea before that ruling was made.

The office of Fiji's top prosecutor, which handled the case, could not be reached for comment.

The Amadea berthed in Fiji on April 13, according to local reports and the maritime analytics website Marine Traffic. That day, a federal judge approved a warrant for the ship to be seized and on April 19, Fiji's top prosecutor moved to prevent the ship from leaving.

The warrant claims the yacht had traveled "from the Caribbean, through the Panama Canal, to Mexico, then to Fiji," a route U.S. officials believed meant Kerimov may have been "making plans for the Amadea to travel to Russia in an effort to avoid U.S. efforts to seize the vessel."

• Russian oligarchs moving yachts as U.S. tracks down assets

On April 4, the agency announced that Spanish authorities had assisted it in seizing another Russian yacht, the $90 million Tango, which was owned by Viktor Vekselberg, the owner of the Russian conglomerate Renova Group.

Legislation passed by the House of Representatives on April 27 would allow the U.S. to sell the yacht and other properties worth more than $2 million seized from  Russian oligarchs  in order to fund the Ukrainian war effort. President Joe Biden supports the bill, which has yet to pass the Senate.

"We're going to seize their yachts, their luxury homes and other ill-begotten gains," Biden said on April 28 at the White House.

Graham Kates is an investigative reporter covering criminal justice, privacy issues and information security for CBS News Digital. Contact Graham at [email protected] or [email protected]

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Russian oligarchs move yachts as U.S. looks to 'hunt down' and freeze assets

• Some of Russia's wealthiest are moving their superyachts, potentially with the hope they can avoid having those items seized.
• Data reviewed by CNBC from Marine Traffic shows that at least four massive yachts owned by Russian business leaders have been moving toward Montenegro and the Maldives in recent days.

Superyachts owned by Russian billionaires who have ties to President Vladimir Putin are on the move as the United States and its allies prepare further sanctions on their property following the invasion of Ukraine .

Data reviewed by CNBC from Marine Traffic shows that at least four massive yachts owned by Russian business leaders have been moving toward Montenegro and the Maldives since a wide array of sanctions were announced in recent days by leaders from around the world, including the U.S. Treasury targeting Russia's central bank. The Maldives doesn't have an extradition treaty with the U.S., according to Nomad Capitalist.

The property of targeted Russian executives is likely to take another hit, as the Biden administration recently announced the creation of a taskforce that will take aim at their lucrative assets, including yachts and mansions. France is putting together a list of properties owned by Russian oligarchs, including cars and yachts, that could be seized under sanctions by the European Union.

"This coming week, we will launch a multilateral Transatlantic task force to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs – their yachts, their mansions, and any other ill-gotten gains that we can find and freeze under the law," a White House' s recent tweet reads.

With that, some of Russia's wealthiest are moving their boats to other locations, potentially with the hope they can avoid having those items seized.

Vagit Alekperov, who is president of Russia-based Lukoil, is sailing his yacht to Montenegro, according to Marine Traffic. It's expected to arrive there in the coming days from Barcelona, Spain.

Alekperov's yacht is known as Galactica Super Nova and, according to Superyacht Fan, which tracks the comings and goings of these types of vessels, it features a "a 6-meter glass-bottom swimming pool with a waterfall. And a touch-and-go helipad, an elevator, and a large beach club." Alekperov has a net worth of just under $25 billion, according to Forbes.

Montenegro is a member of NATO. Its foreign minister has said Montenegro , which applied for European Union membership in 2008, will join with the EU in its sanctions against Russia.

At least three yachts owned by other Russian billionaires are getting closer to the Maldives, a small country located in the Indian Ocean. The island nation has been a hotspot for tourists from Russia over the years . The Maldives tourism minister has said Russia's invasion will have a major impact on its tourism sector.

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Billionaire Oleg Deripaska's yacht known as Clio left Sri Lanka almost two weeks ago and is expected to arrive in the Maldives shortly, according to Marine Traffic. Deripaska and companies associated with him were sanctioned in 2018 by the United States. He's been one of a few Russia-based billionaires who have come out in opposing the conflict in Ukraine.

"Peace is the priority. Negotiations must start ASAP," Deripaska, who has an estimated net worth of about $4 billion, tweeted Sunday.

Representatives for the billionaires mentioned in this story and the governments of the Maldives and Montenegro did not respond to requests for comment.

Correction: This story was updated to replace an image that was mislabeled.

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Russian billionaires’ mega-yachts race towards safe havens as Ukraine sanctions loom

Us and uk have announced intentions to target oligarch mega-yachts, article bookmarked.

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As the invasion of Ukraine continues to inspire international condemnation, mega-yachts linked to Vladimir Putin, his billionaire allies, and other prominent Russian businessmen have embarked on journeys towards waters where they’re out of reach of US and EU jurisdiction.

The trips come as nations like the UK say they’re considering sanctioning or seizing a “ hit list ” of these floating symbols of the Russian elite as punishment for the ongoing invasion of Ukraine.

Earlier this month, a $100m yacht allegedly belonging to Russian president Vladimir Putin, Graceful , abruptly departed Germany in the middle of a repair job for Kaliningrad, an detached portion of Russian territory on the Baltic Sea between Lithuania and Poland.

The monster vessel, which has its own swimming pool inside , was targeted by hacking group Anonymous, who changed its maritime callsign to “ FCKPTN .”

Four other yachts tied to Russian elites have journeyed towards neutral waters in recent days as well, according to a CNBC analysis of maritime data .

Galactic Supre Nova, the yacht of Vagit Alekperov, the billionaire head of Russian oil giant Lukoil, was clocked sailing towards Montenegro, a country with no extradition treaty to the US.

Meanwhile, Russian industrialist Oleg Deripaska’s Clio was spotted sailing towards the Maldives, which similarly doesn’t extradite to the US .

Mr Deripaska, who was sanctioned by the US in 2018 for his ties to the Russian energy sector, has called for an end to the war in Ukraine.

“Peace is the priority. Negotiations must start ASAP,” he tweeted on Sunday.

Neither man has been explicitly targeted under the US sanctions package in response to the Ukraine invasion, and neither has been accused of wrongdoing or direct ties to the conflict beyond their proximity to Vladimir Putin. The Independent has reached out to representatives of Mr Deripaska and Mr Alekperov for comment.

Pressure is building in Washington and across Europe to go after Russian mega-yachts belonging to those in Mr Putin’s inner circle who have been enriched because of their ties to the Russian state.

The White House said on Sunday it plans to “launch a multilateral transatlantic task force to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs – their yachts, their mansions, and any ill-gotten gains that we can find and freeze under the law.”

Such actions would build on an already unprecedented bevy of financial penalties against Russia from the US and others.

US officials have directly sanctioned Mr Putin and other top Russian officials, and the White House and EU nations have expelled some Russian banks from SWIFT, a key communications network banks use to send money to each other.

Alaska congressman Don Young announced on Monday he plans to introduce legislation called the Bringing Oligarch Accountability Through Seizure Act (BOATS), that would allow US authorities to seize Russian mega-yachts and auction them off to fund humanitarian aid.

“Our solidarity with Ukraine must be backed with urgent action against rich Russian oligarchs who continue living lavish lifestyles on mega-yachts,” Mr Young said in a statement.

Similar strategies have been discussed internationally.

UK Foreign Secretary Liz Truss said Britain is drawing up a “hit list” of oligarch property for potential sanction, and the EU has already closed European airspace to all Russian aircraft, including private jets.

Meanwhile, French Economy Minister Bruno Le Maire said on Monday, "At the request of the president, we are continuing a full survey of the financial assets, real estate, yachts and luxury vehicles (in France) which belong to Russian personalities targeted by European sanctions.”

Whether such efforts would make a dent in the Ukraine invasion is another story.

Sanctions would make it much harder for these craft to get resupply services like crew and fuel.

“In effect, the yacht wouldn’t be able to function,” Stacy Keen, a sanctions expert at the law firm Pinsent Masons, told The Guardian .

However, many Russian billionaires own their yachts through shell corporations domiciled outside of the country, making their true Russian origin far more opaque to officials.

In 2018, 60 per cent of the wealth of Russia’s richest households was held offshore , higher than any other country in the world.

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The Hunt for Russian Oligarchs’ Mega-Yachts Is On

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Mega-yacht seized from Russian oligarch is costing US taxpayers nearly $1MILLION a month to maintain as court battle to sell ship rages on

• The 348-foot-long, $300 million Amadea mega-yacht was seized from Russian oligarch Suleiman Kerimov in May 2022
• It has been docked in San Diego for the last two years and is costing nearly $1 million a month in maintenance 
• Authorities are looking to sell the yacht, but Russian businessman Eduard Khudainatov is challenging the ownership of the boat

A mega-yacht seized from a Russian oligarch almost two years ago by the U.S. government is costing taxpayers nearly $1 million a month in upkeep, court records revealed.

The 348-foot-long, $300 million Amadea mega-yacht was seized from Russian oligarch Suleiman Kerimov in May 2022 as part of an effort to put pressure on Russia to end the war in Ukraine.

It has been docked in San Diego since it arrived in the United States in June 2022 and is costing $922,000 a month to maintain, according to court records.

Authorities are looking to sell the yacht, but Russian businessman Eduard Khudainatov is challenging the ownership of the boat in court. 

'It is “excessive” for taxpayers to pay nearly a million dollars per month to maintain the Amadea when these expenses could be reduced to zero through interlocutory sale,' the government said in recent court filings. 

The costs breakdown as $600,000 per month in running costs; $360,000 for the crew; $75,000 for fuel; and $165,000 for maintenance, waste removal, food and other expenses, reported CNBC . 

The government is paying $144,000 in monthly pro-rata insurance costs and other charges, including dry-docking fees, add an additional $178,000, bringing the total to $922,000.

The luxury yacht features a live lobster tank, a hand-painted piano, a swimming pool and a large helipad. 

It was built in 2017 by German company Lurssen, according to Superyacht Times and is listed as the 63rd largest yacht in the world.

The Amadea was taken out from the San Diego Bay through a loop off the coast of La Jolla on a maintenance voyage in January, reported CBS 8 .

Khudainatov has claimed ownership of the Amadea and said it cannot not be forfeited to the U.S. government because he has not been sanctioned. 

Prosecutors argue Khudainatov is acting as the Amadea's 'straw owner' to disguise Kerimov's role.

Kerimov, 57, was sanctioned in 2022 for violating previous sanctions against him by using U.S. bank accounts to buy products and services 'for the operation and maintenance of the Amadea.'

He was previously sanctioned in 2018 for being 'complicit in certain activities with respect to Ukraine' after Russia invaded the Crimean peninsula in 2014.

The oligarch is a former oil trader and a member of the Russian Federation Council, the country's upper legislative chamber. He is a close ally of President Vladimir Putin and is worth a reported $14.5 billion.

The Amadea was docked in Fiji when U.S. authorities first attempted to seize the boat.

The U.S. ultimately won a legal battle in Fiji to take the boat and now are looking to sell it while the ownership is being challenged in U.S. court.

If the U.S. government succeeds in auctioning the yacht, it would likely eventually transfer sale proceeds to Ukraine.

Who's Paying for Russian Oligarch's Seized Yacht in San Diego Bay?

The amadea, which superyachttimes.com called the 63rd largest yacht in the world, tied up monday at naval base san diego, in national city, by eric s. page and mari payton • published june 28, 2022 • updated on june 28, 2022 at 2:11 pm.

Many San Diegans who saw the news about the Amadea — the $325 million seized Russian oligarch's yacht that docked in San Diego on Monday — may be wondering: Who's paying for that?

Imagine how much the fuel costs to sail it more than 5,000 miles from Fiji, where it was seized earlier this month, to San Diego? A local marine fuel dock quoted the following prices, if you're wondering: $7.40 for gas, $7.35 for diesel. According to SuperYachtTimes.com, the Amadea has a 392,000-liter fuel tank. That works out to about 103,555 gallons, so it could cost $766,307 or so just to fill up.

And then there are maintence costs on a 350-foot long yacht, which, you can be sure, are extensive and necessary — in fact, not undertaking such efforts can cause the vessel's value to decline if it deteriotes due to neglect.

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The Amadea carries a full complement of 36 crew, including the captain, according to SuperYachtTimes, but it won't need nearly that many once she tied up at Naval Base San Diego in National City. Nevertheless, someone will be monitoring the yacht and conducting the maintenance.

According to the U.S. Department of Justice, the yacht was bought with what it calls "dirty money," and, as such, some may be relieved to hear, will be sold to the highest bidder. Presumably, the associated post-seizure costs accrued after its seizure will be coming off the top of the sale price. Until then, the Amadea, which SuperYachtTimes called the 63rd larges yacht in the world, will resume in the custody of the U.S.

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Officials with the DOJ said the Amadea, which was seized in connection to the department's KleptoCapture campaign undertaken in the wake of the invasion of Ukraine by Russia, was owned by Suleiman Kerimov a Russian billionaire.

After the yacht arrived in San Diego, John Kirby, a former federal prosecutor, told NBC 7 that he thinks the U.S. government hopes moves like the Amadea's seizure are efforts to apply pressure to Russian president Vladimir Putin.

Earlier this month, Deputy U.S. Attorney General Lisa O. Monaco said, regarding the Amadea, “The department had its eyes on every yacht purchased with dirty money. This yacht seizure should tell every corrupt Russian oligarch that they cannot hide — not even in the remotest part of the world. We will use every means of enforcing the sanctions imposed in response to Russia’s unprovoked and unjustified war in Ukraine.”

The court ruling represented a significant victory for the U.S. as it encounters obstacles in its attempts to seize the assets of Russian oligarchs around the world. While those efforts are welcomed by many who oppose the war in Ukraine, some actions have tested the limits of American jurisdiction abroad.

The United States wasted no time in taking command of the after a Fiji court ruled in its favor and sailed the ship away from the South Pacific nation just hours after the ruling.

"If you could say or somehow prove that this boat … that the oligarch had the money for this boat because he bribed Vladimir Putin, that is public corruption," Kirby said. "It’s a crime even when it takes place outside the United States. The United States can still act upon it."

According the website, the Amadea is not currently for sale, but that may soon change. Until then, you can "shop" for other eye-popping, wallet-busting boats here .

The Associated Press contributed to this report — Ed.

This article tagged under:

NEWS... BUT NOT AS YOU KNOW IT

First look at £787,000,000 mega-yacht that’s comes with its own airship

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The design behind a £787,000,000 mega-yacht Colossea – which comes with its own detachable airship – has been revealed.

The 699 ft Colossea has been created by Italian design studio Lazzarini.

It pays homage to the N1 airship, later renamed Norge, that completed the first journey to the North Pole in 1926.

Colossea features an airship that can set off on adventures independent from the main yacht structure.

When the captain decides it’s time for flight, the yacht follows the procedures to unlock the electromagnetic blocks that keep the airship mounted and unhook the winches to release the airship’s lift.

The aircraft, which boasts a 10,000 kg payload capacity, can accommodate up to 24 passengers, plus ten crew members.

The yacht offers 22 guest suites and multiple deck with pools on the rear part for a total load capacity up to 44 guests and 20 crew members .

Lazzarini say: ‘On the Colossea yacht, the airship reimagines its iconic design with the materials and technologies of today, proposing the same measurements of the 1924’s model with upgraded materials, layout and propulsion.

‘The Colossea mega-yacht is an itinerant floating docking station for the detachable airship.

‘Colossea is a concept design, but the estimated cost for the real construction is about $1B.’

The Norge was a semi-rigid Italian-built airship that was also the first aircraft to fly over the polar ice cap between Europe and America.

MORE : Inside the £47,000,000 superyacht with a secret pool sparking controversy on TikTok

MORE : I ditched uni to travel the world on millionaire’s superyachts — it’s often like Below Deck

MORE : Fabulous food, fitness made fun and festival-style entertainment: How to cruise like you’re onboard a superyacht

Get in touch with our news team by emailing us at [email protected] .

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Zuckerberg Trying To Catch Up To Bezos's Yacht Game: Meta Platforms CEO Spends $330 Million On Yachts

Owning a superyacht is a rite of passage for tech billionaires. Meta Platforms Inc. CEO Mark Zuckerberg and Amazon.com Inc. Founder Jeff Bezos, two of the wealthiest people on the planet, have each made headlines with their extravagant yacht purchases. Zuckerberg recently acquired two luxury vessels totaling $330 million, including a yacht and a support yacht. 

While $330 million is a lot of money, it's not going to put a significant dent in Zuckerberg's net worth. According to the Forbes Real-Time Billionaires List from March 7, Zuckerberg is worth $179.5 billion. A $330 million expenditure comes out to 0.18% of that. That's the equivalent of someone with a $1 million net worth spending $1,800 on a fancy canoe.

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Zuckerberg’s flagship purchase is the Launchpad, a 387-foot beauty that boasts a helipad, dive center and decompression chamber — perfect for Zuckerberg’s adventurous spirit. Additional features include a massive observation lounge, a pool and a bar area. Industry publication Luxury Launches notes it will likely cost Zuckerberg at least $30 million per year to operate Launchpad.

Accommodating 24 guests and a crew of 48, Launchpad offers luxury and comfort on a grand scale. Zuckerberg’s second purchase, the support vessel Wingman, provides additional space and amenities, including a helideck and a dive center. Wingman includes space for a variety of toys, such as a submersible, various rescue tenders, diving gear, Vespa scooters and a host of other vehicles and equipment. 

Originally commissioned by Russian oligarch Vladimir Potanin, the ship remained in its Dutch shipyard for some time before the Dutch authorities allowed its sale to a non-Russian — Zuckerberg. 

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In terms of size and expense, Bezos’s superyacht and his support vessel dwarfs Zuckerberg’s. Bezos owns Koru, the world's largest sailing yacht, which reportedly cost at least $500 million. His support ship Abeona is a 246-foot motor yacht that carries crew and an array of vehicles and supplies. Bezos took steps in late 2023 to hide his yacht's location from the public , turning off Koru's automatic identification system (AIS), a data tracker that transmits a ship's course and other information to improve safety and communication with nearby ships. 

Other billionaires, including LVMH Chairman and CEO Bernard Arnault, also own yachts. Arnault owns Symphony a 333-foot luxury yacht. While Bezos's 417-foot yacht is gigantic and ostentatious, it is also surpassed by other mega yachts. The House of Nahyan, the royal family of Abu Dhabi who are considered the richest family in the world , owns the Azzam, the biggest yacht in the world at 591 feet. 

As these tech titans continue to push the boundaries of wealth and extravagance, their superyachts serve as symbols of their success and status in the world of billionaires.

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