yachts owned by russian oligarchs

16 superyachts owned by Russian oligarchs

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

March 23, 2022

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From yachts to lavish estates, tracking Russian assets seized so far

By Tal Yellin , CNN

Published April 13, 2022

Updated April 27, 2022

Countries are on the hunt for sanctioned Russian assets after Russia’s invasion of Ukraine in February. Thousands of Russians have since been sanctioned by the United States, the European Union, and the United Kingdom, among others. Superyachts and multimillion-dollar properties have already been seized or frozen by authorities in Italy, France, Spain, the UK and Gibraltar. The United States has also launched KleptoCapture, a task force focused on those who violate sanctions and the seizing of their assets.

This interactive will continue to track known developments and help show where sanctioned Russians park their money outside of Russia. Except for Igor Sechin and Sergei Chemezov, no other oligarchs or related persons mentioned in this story responded to requests for comment from CNN.

Real estate

Other assets

April 14, 2022

“dilbar”  linked to    alisher usmanov   valued at $600-$750 million in hamburg, germany.

Germany has impounded the “Dilbar,” a superyacht connected to a Russian oligarch in Hamburg, the country’s embassy in the US tweeted . The yacht belongs to the sister of Alisher Usmanov and is worth between $600 to $750 million, according to the German Federal Criminal Police Office. Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating Usmanov is alleged to have “financial ties” to Putin. In March, Italy’s financial police seized his real estate and assets worth about $90 million. Usmanov has also been sanctioned by the European Union.

April 12, 2022

Assets  linked to    roman abramovich   valued at over $7 billion in jersey.

Authorities in the Channel island of Jersey froze more than $7 billion worth of assets “suspected to be connected to” Russian billionaire Roman Abramovich, according to a government statement . The frozen assets are either located in Jersey or owned by Jersey incorporated entities, the statement said. The States of Jersey Police also executed search warrants on premises “connected to the business activities” of Abramovich. Abramovich made his fortune in steel and investments and was sanctioned by the UK in March, citing his decades-long relationship with Vladimir Putin. In a statement at the time , the UK government noted that “he is one of the few oligarchs from the 1990s to maintain prominence under Putin.” These frozen assets represent around half his net worth, according to the Bloomberg Billionaire Index .

April 11, 2022

Properties  linked to    nikita mazepin   valued at $114.3 million in sardinia, italy.

A real estate compound, “Rocky Ram,” linked to Nikita Mazepin and his oligarch father Dmitry was seized in Sardinia, the Italian financial police confirmed in a statement. The police said the properties are worth 105 million euros (about $114.3 million). Nikita, a former Formula 1 Haas team driver, and his father were included on a list of individuals sanctioned by the EU in early March. The sanction list described Mazepin Sr. as “a member of the closest circle of Vladimir Putin” saying he and 36 other ”businesspeople” met with Putin and other government officials to discuss how sanctions would affect Russia. In early March, Mazepin Sr. sold his controlling stake in Uralchem Group, one of the largest producers of nitrogen and phosphate fertilizers in Russia, and resigned as CEO from Uralchem JSC, a subsidiary, according to a company statement .

April 7, 2022

Assets  linked to    sanctioned russians   valued at $7.83 billion in switzerland.

Switzerland has so far frozen 7.5 billion Swiss francs (about $7.83 billion) of sanctioned Russian assets, according to a State Secretariat for Economic Affairs (SECO) spokesperson. The number of frozen assets increased from March 24, when 5.75 billion Swiss francs (about $6.18 billion) were initially frozen. Frozen assets include 11 properties throughout Switzerland. No identifiable information was revealed and no specific assets were mentioned in the initial statement. After Russia’s invasion of Ukraine, Switzerland broke from traditional neutrality and adopted EU sanctions.

April 5, 2022

Assets  linked to    sanctioned russians   valued at $3 billion in belgium.

Belgian authorities have frozen $3 billion in Russian assets and blocked $215 billion in transactions since the start of economic sanctions, according to Belgian Minister of Finance Vincent Van Peteghem. The frozen assets belong to 877 individuals and 62 entities on the European sanctions list, according to the statement from the Belgian Finance Ministry. The blocked transactions are the result of other restrictions imposed by the European Union on Russia.

April 4, 2022

“tango”  linked to    viktor vekselberg   valued at $90 million in mallorca, spain.

Spanish authorities seized a superyacht named “Tango,” which they say is owned by Russian oligarch Viktor Vekselberg in Mallorca, according to a statement from the Spanish Civil Guard. The detained yacht was part of an operation with US federal agents and was carried out under a Spanish court order, the statement said. Vekselberg runs the Russian investment company Renova Group. He is worth approximately $16.5 billion, according to the Bloomberg Billionaires Index. He was sanctioned by the United States and is “under investigation for tax fraud, money laundering and document forgery trying to hide the ownership of this superyacht to avoid sanctions” and is “very close to (Russian President) Vladimir Putin,” the Spanish Civil Guard said. Vekselberg’s case marks the first seizure for the newly formed US task force, KleptoCapture. The yacht is 78 meters long (about 256 feet) and is valued at nearly $90 million, per the US Department of Justice.

March 29, 2022

“phi”  linked to    a russian businessman   valued at $50 million in london, england.

The United Kingdom detained the “Phi” yacht belonging to an unnamed-Russian businessman with ties to Russian President Vladimir Putin and the Russian regime, according to the UK Department for Transport. The Dutch-built vessel is docked in East London’s Canary Wharf for the superyacht awards, and was planning to depart March 29. The Department of Transport claims that the ownership of the boat was “deliberately well hidden.” It sails under the Maltese flag and is registered to a company based in the Caribbean islands of St. Kitts and Nevis. The 192-foot yacht is worth approximately £38 million (about $50 million).

March 23, 2022

Assets  linked to    sanctioned russians   valued at $800 million in france.

French authorities have frozen assets linked to sanctioned Russian oligarchs valued at $800 million, according to French government spokesperson Gabriel Attal. The European Union’s latest round of sanctions in early March against Russia included measures targeting 160 oligarchs and Russian politicians. “There will be no taboo if we need to go further,” Attal said about any additional sanctions.

March 22, 2022

Assets  linked to    sanctioned russians   valued at $431 million in the netherlands.

The Netherlands has frozen nearly 392 million euros (about $431 million) in Russian assets, the Dutch Ministry of Finance told parliament in a letter seen by CNN. The ministry said that further asset freezes were expected. The European Union’s latest round of sanctions in early March against Russia included measures targeting 160 oligarchs and Russian politicians.

March 21, 2022

“axioma”  linked to    dmitry pumpyansky   valued at $75 million in gibraltar.

Authorities in Gibraltar have detained the “Axioma” yacht linked to Russian billionaire Dmitry Pumpyansky, according to UK and Gibraltar government statements. Pumpyansky was sanctioned by the EU and UK and was the beneficiary of TMK PAO, Russia’s largest oil and gas steel pipe maker. He also resigned from the TMK PAO’s board of directors, the company announced . The 240-foot yacht is worth approximately $75 million, according to SuperYachtFan . Gibraltar’s ports had been closed to sanctioned individuals, but the Captain of the Port made an exception after JPMorgan Chase was granted a court order authorizing the seizure. “JPMorgan is acting pursuant to its mortgage rights,” the Gibraltar government said in a statement to CNN. JPMorgan Chase, the largest bank in the United States, said in a statement in early March it was getting out of Russia following the invasion of Ukraine, citing “compliance with directives by governments around the world.”

March 18, 2022

Real estate  linked to    alexey mordaschov   valued at $116 million in sardinia, italy.

The Italian financial police seized a real estate complex belonging to Russian billionaire Alexey Mordaschov in Sardinia, according to Italy’s Prime Minister’s office. Mordaschov is the chairman of Russian mining and steel company Severstal and is one of Russia’s richest men, worth $18.5 billion, according to Forbes . The frozen real estate is worth around 105 million euros (about $116 million), per Ferdinando Giugliano, the media advisor to the Italian Prime Minister. On March 4, Mordaschov’s yacht, named “Lady M” was also seized in Italy. The 213-foot yacht is worth approximately 65 million euros (about $71 million).

March 16, 2022

“crescent”  linked to    an unknown owner   valued at $600 million in tarragona, spain.

Spanish authorities have detained a superyacht, named “Crescent” in the port of Tarragona, according to a statement from Spain’s Ministry for Transport. The 135-meter yacht flies a Cayman Islands flag and has been “provisionally detained” to establish whether it is the possession of a person or entity included in the European Council’s package of sanctions, the statement said. The yacht cost approximately $600 million, according to SuperYachtFan.

Real estate  linked to    Petr Aven   valued at $4.4 million in Sardinia, Italy

The Italian financial police froze a real estate complex belonging partially to Russian oligarch Petr Aven in Sardinia, according to a statement issued by Prime Minister Mario Draghi’s press office. The share of real estate is worth approximately 4 million euros (about $4.4 million), according to the Italian Prime Minister’s office. The billionaire stepped down earlier this month as Director of Russian private bank Alfa Bank and from the board of the investment firm he co-founded, LetterOne, after being sanctioned by the EU and UK . The European Union named Aven as “one of Vladimir Putin’s closest oligarchs,” who “regularly meet” with the Russian President in the Kremlin, and “does not operate independently of the President’s demands.”

Real estate and vehicles  linked to    Alisher Usmanov   valued at $72 million in Italy

Real estate assets and six corporate vehicles belonging to Russian oligarch Alisher Usmanov were seized by the Italian financial police. The seized assets are worth approximately 66 million euros (about $72 million). Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating he is alleged to have financial ties to Putin. Italy’s financial police had previously seized his real estate in the Golfo del Pevero area in Arzachena on March 4. Those assets are worth approximately 17 million euros (about $18 million).

March 15, 2022

“lady anastasia”  linked to    alexander mikheev   valued at $7 million in palma de mallorca, spain.

Spanish authorities have detained a yacht linked to Russian oligarch Alexander Mikheev, named “Lady Anastasia,” in the port of Palma de Mallorca, according to the Spanish Ministry of Transport. Mikheev is the CEO of Rosoboronexport, the only state organization in Russia that exports weapons and was sanctioned by the EU and the US. The yacht is nearly 48 meters (157 feet) long and was in the news in late February, when a crew member tried to sink the vessel in retaliation for Russia’s invasion of Ukraine. The yacht is worth approximately $7 million, according to a listing on BOAT International.

“Valerie”  linked to    Sergei Chemezov   valued at $140 million in Barcelona, Spain

Spanish authorities seized the “Valerie” yacht reportedly linked to Russian oligarch and former KGB agent Sergei Chemezov in the port of Barcelona, according to Reuters . Chemezov is the chairman of the Rostec conglomerate and a member of the Supreme Council of ‘United Russia’, per EU sanctions . When the US sanctioned Chemezov in 2014 — as part of an effort targeting Putin’s inner circle — the government said he had known Putin since the 1980s and the two lived in the same apartment complex in East Germany. The yacht is worth approximately $140 million and will remain “provisionally immobilized” until authorities can determine its ownership. A spokesman for Chemezov denied that he is tied to the yacht.

March 11, 2022

“sailing yacht a”  linked to    andrey melnichenko   valued at $577 million in trieste, italy.

The Italian financial police seized “Sailing Yacht A” — which could be linked to Russian fertilizer and coal billionaire Andrey Melnichenko — in the port of Trieste, according to Ferdinando Giugliano, the media advisor to the Italian Prime Minister. Melnichenko was sanctioned by the EU on March 9 and has since removed himself from the boards of two companies he founded, Eurochem and SUEK, according to his spokesman Alex Andreev in a statement to CNN. At 469 feet long, the vessel is also the world’s tallest sailing yacht — taller than the Statue of Liberty — and is worth approximately 530 million euros (about $577 million).

March 4, 2022

“villa lazzareschi”  linked to    oleg savchenko   valued at $3.3 million in lucca, italy.

A 17th century villa allegedly owned by Oleg Savchenko, named “Villa Lazzareschi,” was seized by Italian financial police in the province of Lucca, according to a police statement . Savchenko is a member of the State Duma and was sanctioned by the EU. The seized Italian villa is worth approximately 3 million euros (about $3.3 million).

Real estate  linked to    Vladimir Soloviev   valued at $8.7 million in Como, Italy

Real estate properties belonging to Vladimir Soloviev were seized by the Italian financial police in the province of Como, according to a police statement . Soloviev is a Russian pro-Kremlin propagandist and TV/radio journalist, according to EU Council sanctions . The frozen Italian real estate is worth approximately 8 million euros (about $8.7 million).

Real estate  linked to    Alisher Usmanov   valued at $18 million in Arzachena, Italy

A real estate compendium belonging to Russian oligarch Alisher Usmanov was seized by the Italian financial police in the Golfo del Pevero area in Arzachena, according to a statement . The frozen Italian real estate is worth approximately 17 million euros (about $18 million).

Usmanov is one of Russia’s wealthiest billionaires with vast domestic and international holdings, according to the US Treasury. The US government sanctioned him in early March in a campaign targeting Putin’s allies, stating he is alleged to have financial ties to Putin. The US said it sanctioned his private jet and his 512-foot superyacht named “Dilbar.”

“Lena”  linked to    Gennady Timchenko   valued at $55 million in San Remo, Italy

The Italian financial police seized Russian billionaire Gennady Timchenko’s yacht, named “Lena,” in the port of San Remo, according to a police statement . Timchenko is the owner of private investment group, Volga Group. He was sanctioned by the EU in February. When the US government sanctioned Timchenko in 2014, an effort targeting Putin’s inner circle, they stated his “activities in the energy sector have been directly linked to Putin.” The 126-foot yacht is worth approximately 50 million euros (about $55 million).

“Lady M”  linked to    Alexey Mordaschov   valued at $71 million in Imperia, Italy

The Italian financial police seized Russian billionaire Alexey Mordaschov’s yacht, named “Lady M,” in the northern port of Imperia, according to a police statement . Mordaschov is the chairman of Russian mining and steel company Severstal and is one of Russia’s richest men, worth $18.5 billion, according to Forbes . The 213-foot yacht is worth approximately 65 million euros (about $71 million).

March 3, 2022

“amore vero”  linked to    igor sechin   valued at $120 million in la ciotat, france.

French authorities seized a yacht linked to Igor Sechin in the Mediterranean port of La Ciotat, according to the French Finance Ministry . Sechin is the CEO of Rosneft, the Russian state oil company and one of the world’s largest crude oil producers. The yacht, named “Amore Vero” — or “True Love” in Italian — was scheduled to leave the port on April 1 after arriving in January. Sechin was deputy prime minister of Russia from 2008 until 2012. The European Union said his connections to Putin are “long and deep,” with the two men maintaining daily contact. The yacht is worth about $120 million, according to SuperYachtFan. A Sechin spokesman denied that he is tied to the yacht.

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Italy just seized 2 superyachts of oligarchs close to Putin, bringing the number to 3. Here’s what could be next

Superyachts belonging to three of Russian President Vladimir Putin’s closest associates were detained in Europe in the past week, part of Western government sanctions against hundreds of Russian financial targets .

The Amore Vero, a $116 million yacht owned by Igor Sechin, head of Russian oil company Rosneft, was seized in France, the Financial Times reported. Forbes published an article Wednesday saying that the world’s largest superyacht, the $600 million Dilbar , owned by billionaire Alisher Usmanov, was seized in Germany, but later retracted that reporting, citing an update from Hamburg’s Ministry for Economy and Innovation.

Meanwhile, Italian police seized the “Lady M,” owned by Alexei Mordashov, one of the richest man in Russia, on Friday, according to a tweet from Ferdinando Giugliano, media adviser to Italian Prime Minister Mario Draghi .

Italian tax police also froze “Lena,” a yacht owned by Gennady Nikolayevich Timchenko, Giugliano added.

The clampdown on Russia’s oligarchs began on Feb. 25, when the U.S. government sanctioned five elite Russian families by  barring them  from accessing any property or engaging in any transactions in the U.S.

The U.K. followed suit,  freezing the assets of 100 individuals  the following day and capping the amount Russians can deposit into U.K. bank accounts. The EU, meanwhile, put 26 Russians on its sanctions list on Monday. The sanctioned billionaires will have their assets frozen, and they won’t be allowed to enter or transit through the EU. 

Chief among these assets, of course, are the megayachts beloved by many of the billionaires close to Putin. As more sanctions are prepared for the coming days , more yachts may be confiscated.

Here are six Russian billionaires and their big boats—some of which might be targets of future seizures.

Igor Sechin’s ‘ Amore Vero’

Amore Vero, the yacht of Igor Sechin, CEO of Russian oil company Rosneft, was seized by French authorities on Wednesday as it was preparing to leave, the Wall Street Journal reports. European Union sanction documents call Sechin, the former deputy prime minister of Russia, one of Putin’s “most trusted and closest advisers, as well as his personal friend,” according to CNBC . The vessel, formerly known as the St. Princess Olga, is 280 feet long, with four decks and seven cabins, according to Autoevolution . Sechin was sanctioned by the U.S. and European Union in late February.

Alisher Usmanov’s ‘Dilbar’

The yacht of Alisher Usmanov—the world’s 94th richest person, according to the Bloomberg Billionaires Index —was seized by German authorities on Wednesday in Hamburg, according to Forbes, which later retracted that reporting. Usmanov owns nearly half of USM Holding company, a Russian-based investment group under which ore-producer Metalloinvest and telecommunications giant MegaFon operate. He became head of the International Fencing Federation in 2008 and controls Russian newspaper Kommersant , according to Bloomberg. He also owns the Dilbar, a 500-foot superyacht with a 25-meter swimming pool. The boat, reportedly named after his mother, is worth nearly $600 million, according to Reuters . The U.S. and U.K. sanctioned him this week.

Roman Abramovich’s ‘My Solaris’

Roman Abramovich—Russian billionaire, owner of Chelsea Football Club and Putin supporter—also owns the more than 450-foot My Solaris, worth $600 million, according to superyachtfan.com . Abramovich owns another superyacht, dubbed the Eclipse, worth $700 million, according to the site . He has not yet been sanctioned in the U.S. or U.K.

Vladimir Potanin’s ‘Nirvana’

Vladimir Potanin, among the richest men in Russia, owns the Nirvana, a megayacht that can accommodate 12 guests and boasts a crew of 18, according to superyachtfan.com . He also owns Barbara, another megayacht. Potanin—No. 55 on Forbes ’ Billionaires 2021 list—owns more than a third of Norilsk Nickel, a mining company, as well as stakes in a pharmaceutical company and a ski resort. On Wednesday he resigned as a trustee of the Guggenheim Museum in New York, according to the museum. Its statement didn’t give a reason for his departure but said that “the Guggenheim strongly condemns the Russian invasion and unprovoked war against the government and people of Ukraine,” the Washington Post reported . Nirvana was seen in Maldives waters on Wednesday, Reuters reported . The country doesn’t have an extradition treaty with the U.S.

Viktor Rashnikov’s ‘Ocean Victory’

Russian iron and steel magnate Viktor Rashnikov owns the $300 million “ Ocean Victory, ” featuring six pools, an underwater observation room, an internal helicopter hangar, and a helideck, according to superyachtfan.com . With a net worth of nearly $10 billion, Rashnikov — who began as a mechanic at Magnitogorsk Iron & Steel Works, the company he is now majority owner of — is No. 195 on Forbes’ 2021 billionaires list .

Oleg Deripaska’s ‘Clio’

Oleg Deripaska, who founded the Russian aluminum group Rusal, owns “ Clio,” a $65 million superyacht, with a crew of 21. It’s supported by a boat dubbed “ Sputnik ,” with a crew of 26, according to superyachtfan.com . Sanctions against three of Depripaska’s companies were lifted by former U.S. President Donald Trump. Deripaska has called for an end to the war in Ukraine, joining a handful of oligarchs who have dared to speak out against the invasion. The oligarch is worth nearly $3 billion, according to Forbes . As of Thursday, his ship was docked in Maldives, which doesn’t have an extradition treaty with the U.S., Reuters reported . Deripaska was sanctioned by the U.S. in 2018.

Fortune reporter Tristan Bove contributed to this report.

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Yachts Owned by Russian Oligarchs Seized in Europe

A day after German authorities seized a luxury yacht owned by a Russian billionaire, the French government confirmed they, too, had seized an oligarch's yacht this morning.

At the State of the Union, President Joe Biden declared the United States would be coming for the "ill-begotten gains" of Russian oligarchs, including yachts, luxury apartments, and private jets. European nations are beginning to act on this—with two yacht seizures taking place this week.

On Thursday morning, French customs seized a yacht belonging to Russian oligarch Igor Sechin. The French authorities took possession of the "Amore Vero" boat as it tried to leave the port of La Ciotat, Finance Minister Bruno Le Maire said, per Reuters .

Sechin is CEO of Rosneft, Russia's state oil and gas company, and a close ally of Russian President Valdimir Putin. Sechin was among the Russian oligarchs listed in European Union sanctions announced on February 28 .

In their declaration, the EU said he is "considered to be one of the most powerful members of the Russian political elite. His connections to Vladimir Putin are long and deep."

The 280-foot yacht was not due to leave the French port until April, but French authorities said it was making preparations to leave urgently. "Thank you to the French customs officers who are enforcing the European Union's sanctions against those close to the Russian government," Minister Le Maire said in a tweet announcing the seizure.

The news of the yacht seizure in France comes a day after Germany announced they had seized Russian billionaire Alisher Usmanov's luxury yacht. Usmanov, like Sechin, is on the list of EU sanctions.

Per the EU, Usmanov "is pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin. He has been referred to as one of Vladimir Putin’s favorite oligarchs."

Usmanov's yacht, valued at around $600 million, was seized in the northern port of Hamburg, Germany.

Meanwhile, other Russian oligarchs are making moves to get their yachts out of European ports—with at least four superyachts owned by Russians anchored in the Maldives, a nation without an extradition treaty with the United States.

Emily Burack (she/her) is the Senior News Editor for Town & Country, where she covers entertainment, culture, the royals, and a range of other subjects. Before joining T&C, she was the deputy managing editor at Hey Alma , a Jewish culture site. Follow her @emburack on Twitter and Instagram .

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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.

Watch CBS News

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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The $578 million megayacht owned by Russian oligarch Andrey Melnichenko was seized by Italy

• Russian oligarch Andrey Melnichenko's yacht was seized Friday, Italian authorities said.
• Sailing Yacht A is the world's largest sailing yacht at around 469 feet long and has eight decks.
• Melnichenko was sanctioned by the European Union in response to Russia's invasion of Ukraine.

A megayacht belonging to Russian oligarch Andrey Melnichenko was seized by Italian authorities on Friday, CNN reported.

A statement from Italy's finance police said the yacht, known as SY A or Sailing Yacht A, was worth around 530 million euros, or $578 million, according to CNN. It also said the yacht was currently in storage in Trieste, Italy. Maritime tracking data viewed by Insider confirmed the location of the yacht in the Adriatic Sea.

Melnichenko is one of the billionaire oligarchs sanctioned by the European Union in response to Russia's invasion of Ukraine. Melnichenko, who is worth $11 billion according to Forbes, founded fertilizer producer EuroChem Group and coal energy company SUEK.

In announcing its decision, the EU council said Melnichenko "belongs to the most influential circle of Russian businesspeople with close connections to the Russian Government." It also said he was among a group of 37 businesspeople who met with Russian President Vladimir Putin and other officials on February 24 to discuss the impact of potential sanctions.

"The fact that he was invited to attend this meeting shows that he is a member of the closest circle of Vladimir Putin and that he is supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine, as well as stability and security in Ukraine," the EU said, adding it also showed he is "providing a substantial source of revenue to the Government of Russia."

In a statement provided to Insider, a spokesperson for Melnichenko denied the EU's accusations about his connections to the war in Ukraine.

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"Andrey Melnichenko is an international self-made entrepreneur. He has no relation to the tragic events in Ukraine. He has no political affiliations. To draw a parallel between attending a meeting through membership in a business council, just as dozens of businesspeople from both Russia and Europe have done in the past, and undermining or threatening a country is absurd and nonsensical," the statement said.

"There is no justification whatsoever for placing him on the EU sanctions list. We will be disputing these baseless and unjustified sanctions, and believe that the rule of law and common sense will prevail," the statement continued.

The spokesperson also noted Melnichenko resigned as a member of the board and main beneficiary of both EuroChem Group  and SUEK this week, as the companies announced in separate statements on Thursday. He also said both companies are privately owned and not affiliated with any government, and that EuroChem Group is based in Switzerland.

Sailing Yacht A is the worlds largest sailing yacht at around 469 feet long, according to SuperYachtFan.com . It has 300-foot masts, eight decks, a swimming pool, and an underwater observation pod. It's one of several megayachts owned by Russian oligarchs that are subject to sanctions.

Some Russian oligarchs and billionaires have tried to escape sanctions by transporting their luxury yachts to places like Dubai, which has not enacted sanctions, and the Maldives, which does not have an extradition treaty with the US.

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Trying to sell Russian oligarch's seized luxury assets is running into trouble

Jackie Northam

After Western governments seized millions in assets from Russian oligarchs, a question remains: What should be done with their yachts?

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