Five superyachts owned by Russian billionaires moved to Maldives, data shows, following severe Western sanctions on Russia and its oligarchs
Germany seizes Russian billionaire Alisher Usmanov's mega yacht in a Hamburg shipyard, Forbes reports.
The vessels' arrival in the archipelago off the coast of Sri Lanka follows the imposition of severe Western sanctions on Russia in reprisal for its February 24 attack on Ukraine. Usmanov was on a list of billionaires to face sanctions from the European Union on Monday. A Forbes report based on three sources in the yacht industry said his 512-foot yacht Dilbar, valued at $600 million, was seized by German authorities.
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