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Jeff bezos’ massive new $500m superyacht — complete with helipad and pool — spotted in north sea.

an aerial view of Jeff Bezos' new sailing vessel Koru.

Hoist up the Jeff B sails.

Amazon honcho Jeff Bezos’ $500 million superyacht Koru, codenamed Y721, is finally seaworthy — spotted in the North Sea after leaving Rotterdam on Feb. 13,  footage posted by the organization Dutch Yachting  shows.

The massive, 417-foot vessel’s test run came months after it was originally set to be delivered to the 59-year-old billionaire. 

It requires a 250-foot support vessel that houses a helicopter landing pad for the Blue Origin founder.

Bezos’ mega boat created controversy last year after a report that Dutch officials would  have to dismantle  the historic Koningshaven Bridge because the 130-foot steel structure wouldn’t allow the vessel and its 229-foot masts to pass through.

Following an uproar from residents, local leaders decided the plan was a bridge too far — and the boat was towed from its construction location to another shipyard in a nearby town without its masts,  according to Jalopnik .

The uproar likely played a big part in how and when it would float away.

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An overhead shot of the ship at sea

Citizens of Rotterdam reportedly swore in February that, should Bezos’ superyacht traverse the De Hef bridge, they would pelt it with eggs in protest . 

And when it finally came time to move the vessel out of its Dutch shipbuilding yard, the decision was made to tow it away under cover of darkness, the Cut reported.

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Koru costs about $25 million a year to run. The pleasure boat can accommodate 18 guests — and requires a crew of 40 sailors.

It is far from the world’s most expensive yacht. That dubious honor is reserved for the $4.8 billion History Supreme — a gold- and platinum-plated vessel featuring a Tyrannosaurus rex bone wall made of meteoric stone. It was bought in 2011 by an anonymous Malaysian businessman,  according to the Richest .

an aerial view of Jeff Bezos' new sailing vessel Koru.

Yet the half-billion-dollar price tag is a relative drop in the ocean for the Amazon founder, whose net worth was valued at  $181 billion  by Forbes.

Koru will join a fleet of superyachts , helicopters and planes already owned by the entrepreneur and his millionaire girlfriend, Lauren Sanchez.

The aluminum and steel schooner reportedly boasts three decks, including one with a swimming pool. 

The smaller, 250-foot support vessel that will sit alongside the mammoth one will include a helicopter landing pad for Bezos or his celebrity guests. This smaller yacht is also expected to be loaded with an array of toys including luxury cars, jet skis, speedboats, and perhaps even a personal submarine, the Daily Mail has reported .

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Ferretti Yachts 500 Reviewed

  • By Phil Draper
  • Updated: April 28, 2021

Ferretti Yachts 500

When asked why he liked the desert so much, actor Peter O’Toole’s Lawrence of Arabia character answered, “Because it’s clean.”

I asked myself a similar question and generated much the same answer as to why I like the Ferretti Yachts 500.

The 50-footer’s profile has refined, balanced lines. The beauty is not so much about what’s there as it is about what’s not there.

Yes, all the appropriate features exist: There’s a raked-aft windshield; 136 square feet of flybridge with an aft-deck overhang, a single-seat helm station, a wet bar, booth seating, a table and sun pads; another sun pad on the superstructure forward; and 82 square feet of cockpit with a table and transom sofa. (That table converts to yet another sun pad, and there’s 67 square feet of swim platform.)

What’s missing is visual clutter. Elegance and timelessness are words bandied about too freely these days, but the Ferretti Yachts 500 has a design worthy of both.

The yacht is a creation of Ferretti Group’s strategic team, led by Piero Ferrari—who also just happens to be vice chairman of the automotive “prancing horse” legend that is Ferrari—and the group’s engineering department, with principal creative credits going to Milan, Italy-based Filippo Salvetti for exteriors and general arrangement, as well as La Spezia-based IdeaeItalia for interiors. The Ferretti Yachts 500 and the soon-to-splash Ferretti Yachts 1000 are IdeaeItalia’s first Ferretti projects.

Ferretti Yachts 500

The 500 has two interior-decor options. The version I was aboard had a bright Mediterranean vibe with light oak veneers—one a reconstituted surface with a fine, uniform grain and the other a coarse-grain gray. The other option is darker, warmer and more traditional with walnut.

Headroom varies from 6 feet, 5 inches to 6 feet, 7 inches across the aft deck, galley and salon. The cockpit and galley become like one space when the aft door is open and an adjacent half panel of glass is raised. There’s also a glass panel between the portside galley and part of the salon’s C-shaped sofa, a sensible protection from inevitable splashes. Another sofa is to starboard.

The bridge, also to starboard, is as comfortable as it is practical. A single bolster-cushioned helm seat addresses the console, which aboard this 500 had three Simrad displays: two optional 12-inch screens and one 9-inch monitor. The standard offering is one 9-inch display, plus the shifters/throttles and an optional joystick for docking. An opening window is adjacent to the lower helm.

Ferretti Yachts 500

Seas were lively off Italy’s coast when I got aboard, providing a great opportunity to see how this yacht performs when the going gets tougher. The backdrop shoreline was stunning. Porto Venere—along with neighboring villages Fezzano and Le Grazie; the three nearby islands of Palmaria, Tino and Tinetto; and national parkland behind—has had a UNESCO World Heritage site designation for almost 25 years. The area is a worthy rival to the better known Amalfi Coast.

The Ferretti Yachts 500 was light on the helm and turned reasonably tightly. Twin 542 break-horsepower Cummins QSB 6.7 diesels reportedly deliver a top speed of 29 to 30 knots and a comfortable fast cruise around 24 to 25 knots. During runs on different headings and with the Humphree Interceptors set to autotrim mode, I registered just under and just over 30 knots—but only fleetingly. Most of the time, a speed of 27 knots plus a bit was all we could manage in the sloppy sea state.

A fast cruise around 24 knots sees the diesels spinning near 2,750 rpm, at which the total fuel burn is 45 gallons per hour. Allowing for a 10 percent reserve, there should be more than seven hours’ worth of run time, or about 170 nautical miles. Slow things to 1,500 rpm and just under 10 knots, and that same quantity of fuel delivers 325 nautical miles. The 500 I was aboard was a bit below half-load with six people, no tender, 50 percent fuel and virtually no water.

Ferretti Yachts 500

Like every Ferretti I’ve run over the years (and that’s quite a few), the 500 inspired total confidence. No creaking. No squeaking. These smaller Ferrettis are built at the brand’s Northern Italy hometown of Forli, which is around 45 miles to the southeast of Bologna and some 20 miles inland of the country’s east coast.

Belowdecks, the 500 packs in a lot thanks to V-boxes. The diesels are set far aft, virtually on top of the propellers. The standard layout has three staterooms and two showers; a two-stateroom version is available. The trade-off is the starboard-side twin bunk, mostly for more floor space in the forward VIP and much more in its en suite. Alternatively, that twin-bunk area can become a gym.

The 118-square-foot owner’s stateroom has a forward-facing queen berth, a 42-inch TV on the bulkhead, a two-seat sofa to port and windows with portholes. Despite the restricted height above the berth, there’s plenty of headroom where it’s needed: at the foot of the berth and to each side.

Ferretti Yachts 500

A crew cabin is an option with a single berth, head, sink, wet head and air conditioning. This cabin is a little squeezed between the engine room and transom; without the cabin, the space is a lazarette. Hatch access is under the aft-deck sofa’s seat cushion to port.

An optional hydraulic swim platform with 880-pound capacity can accommodate a Williams Turbojet 285 or 325 tender, depending on whether there’s an optional gangway.

The Ferretti Yachts 500′s unsullied lines, admirable performance, and upscale decor and layout should make the yacht a worthy successor to the retired 450 and 550 models that previously defined the entry point of the builder’s motoryacht portfolio. If upcoming models have the same look and feel, then Ferretti Yachts is on a solid heading.

Take the next step: ferretti-yachts.com

  • More: February 2021 , Ferretti , Ferretti Yachts , Flybridge Yachts , Motoryachts , Reviewed , Yacht Reviews , Yachts
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Just like home

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Love for the sea since 1968

Ferretti Yachts, established in 1968, creates luxury yachts that embody lifestyle values, total wellbeing and the exhilaration of discovery. Every model in our fleet is permeated by refined design and a passion for the sea.

Discover our fleet

The new “Explorer-inspired” range INFYNITO amplifies the cruising experience to the nth degree introducing sustainable technologies and cutting edge solutions, that make Ferretti Yachts the first brand of Ferretti Group equipped with F.S.E.A. (Ferretti Sustainable Enhanced Architecture).

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The flybridge range, expression of an eternal yet contemporary beauty, perfectly embodies the Just like home philosophy, an emblem of comfort and seaworthiness.

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ferretti yachts 1000

No dream is too big: with a length of 100 feet, the breath taking new Ferretti Yachts flagship takes the company into uncharted territory. Majestic, versatile and suitable for all markets, Ferretti Yachts 1000 has reshaped spaces and changed the whole approach to life on board. It features unprecedented design solutions and a choice of two different moods for the interiors. Owners and their guests can enjoy complete privacy and make the most of the exterior thanks to an extremely innovative and practical aft beach area and a spacious flybridge that is connected directly to the forward section.

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ferretti yachts 1000 SkyDeck

Make room for the sky. Let the sky flood in to your exclusive upper-deck lounge.

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ferretti yachts 940 Project

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ferretti yachts 860

Composing a melody in which the notes of each individual instrument are beautifully orchestrated, Ferretti Yachts gears up to bring a new symphony to life: Ferretti Yachts 860. The flybridge yacht created by the Cattolica-based Shipyard features cutting-edge design and technology solutions, where the stylistic and architectural elements work together in harmony right down to the tiniest detail.

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ferretti yachts 780

This flybridge yacht, with its streamlined design, sleek lines and sharp styling, satisfies the owner’s every wish in terms of comfort, style, seaworthiness and safety at sea. After the recent major restyling, Ferretti Yachts 780 features extensive glazed surfaces in the hull, giving the sleek and streamlined profile a sportier look, new furnishings, with an enlarged bar in a central position in the standard layout, and redesigned interiors, with the possibility of choosing between two moods: classic or contemporary.

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ferretti yachts 720

Shaped by architect Filippo Salvetti, who worked with Ferretti Group to devise the external design, this newest member of the fleet opens up a whole new way to experience the sea. The 720’s remarkably ingenious solutions elevate the concept of cruising in luxurious comfort to new heights. It’s about living the sea life in style, in your home on the waves, with all the comforts of a yacht of timeless elegance and a sensation of wellbeing like never before.

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ferretti yachts 670 New

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ferretti yachts 580

An emblem of Modern Luxury, the new Ferretti Yachts 580 has ideal features for an intimate and comfortable experience of the sea in perfect Ferretti Yachts style.

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ferretti yachts 500

Breathtakingly beautiful, astonishingly comfortable, and personalisable inside with two alternative interior-design moods, the Ferretti Yachts 500 ushers in a new era for the brand. The brand new yacht combines nautical adventure with the domestic dimension in spaces and solutions of a comfort you’d normally expect only on rather larger craft. The overall effect is a family ambience that immerses guests in a sensation of total wellbeing.

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infynito 90

The INFYNITO has finally taken shape: INFYNITO 90 is here, the first model in the new range, ready to chart a new course and propel Ferretti Yachts into the future.

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infynito 80 New

Sustainability criteria, more covered exterior surface area and continuity between interiors and exteriors are the key features of Ferretti Yachts INFYNITO 80.

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Salone Nautico di Genova 2024

September 19 - 24 2024

Ferretti Yachts is pleased to welcome you to Salone Nautico di Genova 2024 from 19 to 24 September.

Ferretti Group at the Cannes Yachting Festival with record profitability and 6 premieres.

Tuesday, September 10, 2024

- The Group continues to drive growth with the best result ever in terms of profitability, achieved in the first half of 2024 and the appointment of the new Chairman of the Board of Directors Jiang Kui.  - Objectives include the expansion of the made-to-measure range towards larger models, reflecting the latest industry trends with innovative, personalised projects.

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First Ferretti Yachts INFYNITO 80 unit launched at new Marina di Ravenna shipyard.

Thursday, August 1, 2024

Visual continuity between interiors and exteriors, innovative layouts and versatility are the main characteristics of this vessel, which has more covered outdoor space than the segment average.  

© 2024 FERRETTI SPA - Vat Number 04485970968

Ferretti S.p.A. Tax code and VAT no. 04485970968 Registered Office Via Irma Bandiera, 62 – 47841 Cattolica (RN) Italy REA no. RN 296608 - Companies Register no. 04485970968 Share capital € 338.482.654,00 fully paid-up PEC: [email protected]

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Sanlorenzo 500 EXP

Length 154' (47m)
Builder Sanlorenzo
Built 2025

Sanlorenzo 500 EXP For Sale

An evolution of the 460Exp, the 500Exp extended aft deck offers the ability to land a small helicopter, in addition to an increased toy carrying capability. An indoor garage can accommodate a tender up to 7m, whilst additional openings significantly increase the beach area to foster a complete connection with the sea. Exploring new destinations in style.

yacht 500 m

The 500Exp is not just a vessel; it’s a gateway to exploration and luxury. Beyond its extended aft deck and the convenience of hosting a small helicopter, the yacht is designed for those who seek to explore new destinations with unparalleled style and comfort. The indoor garage, capable of housing a tender up to 7 meters, adds a practical dimension to the yacht’s versatility. With additional openings enhancing the beach area, the 500Exp ensures a seamless connection with the sea, providing a platform for unforgettable experiences in the world’s most enchanting waters. Whether cruising or anchored in remote paradises, this yacht is a testament to the fusion of innovation, functionality, and the joy of exploration on the open seas.

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Request the full specification of this superyacht to get all the details you might need, including accommodations, engine room, electronics, equipment and much more.

Request the layout of this superyacht to get all the details you might need, including the layout for accommodations, guest areas, crew cabins, deck spaces, engine room, and much more.

Request the brochure of this superyacht to get all the details you might need, including the layout for accommodations, guest areas, amenities, features and much more.

Standout Features

  • Touch and Go Helipad
  • 7m Tender Garage
  • On Deck Spa
  • Exploration Capabilities

Sanlorenzo 500 EXP Price

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Formula Boats

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  • 500 Super Sport Crossover

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500 Super Sport Crossover Boat

The Formula 500 Super Sport Crossover is your newest and best choice for taking a time out on the water! Finally, a fifty-foot answer to your private escape with family and friends, combining a commanding offshore ride with unprecedented amenities and luxury. The 500 SSC offers the Formula Crossover heritage of a wide-open, single-level bowrider inviting open station-to-station wandering.

SEE SYSTEM OPERATIONS VIDEOS

The 50 ft Crossover for Your Next Adventure

From the enclosed coupe-top salon to the aft lounge bar, the 500 SSC is a true evolution and culmination of the Formula SmartZone™ concept. From the full bow lounge forward to the expansive extended swim platform aft, you will find air-conditioned comfort, entertainment and innovation. A full-width motorized glass salon bulkhead allows you to choose your degree of separation or shared fun with the aft cockpit lounges and bar areas.

The 500 SSC amenities below offer a respite from the outside world with a true cabin experience. A complete galley at the cabin entry stairs, the large convertible U-lounge forward, a head with Corian surfacing, vanity sink and spacious shower create a residential feel. Slip aft to the separate stateroom with queen-size berth, sofa and complete entertainment suite.

The proven, surefooted double-step FAS3Tech® hull will take your complement of guests to dinner across the bay or on far-flung offshore journeys in speed and comfort with the confidence and might of the revolutionary all-new quad Mercury V12, 600 horsepower Verado outboards. The horizons are limitless in your 500 Super Sport Crossover!

yacht 500 m

LOA to Transom 50ft 0in 15.24 m
LOA 53ft 4in 16.26 m
LOA w/Outboards Trailered 53ft 10in/56ft 3ftft 16.41/17.15m
Maximum Beam 14ft 6in 4.42 m
Approximate Weight 43,400 lbs 19,686 kg
Cabin Headroom 6ft 7in 2.01m
Fuel Capacity 650 gal 2,460 L
Diesel Capacity – Generator 50 gal 189 L
Water Capacity 100 gal 380 L
Holding Tank Capacity 60 gal 227 L
Bridge Clearance w/radar, mast down 12ft 0in 3.66 m
Bridge Clearance w/mast & VHF antennas up 19ft 10in 6.05 m
Draft 51in 1.30 m
Deadrise 19° 19°

yacht 500 m

EXPANSIVE ENTERTAINMENT GALLEY

Let your culinary passions delight your guests at the chef-inspired U-shaped kitchen, which features an expansive bi-level Corian countertop in a layout created for efficiency and enjoyment. The focus is entertainment-ready equipment, all within easy reach.

yacht 500 m

RESIDENTIAL CABIN EXPERIENCE

The 500 cabin provides a completely residential experience through the creative, hull-to-hull, wall-to-wall utilization of space only Formula’s unique Crossover layout affords.

yacht 500 m

HANDSOME DASH

The sturdy composite dash features dual Raymarine Axiom XL 24 widescreen color chartplotters with standard 48” Raymarine open-array radar and FLIR M332 thermal camera, Mercury® DTS with SmartCraft VesselViewTM and intuitive waterproof switches logically arrayed in Liquid Black panels with bold, metallic accents.

Formula Boats 500 Super Sport Crossover Boat Features

Formula Boats 500 Super Sport Crossover Boat Features

If you’re looking for the newest and best boat on the water, check out the Formula 500 Super Sport Crossover. This boat is the solution to the best on-water escape with your family or friends. This 50-foot Formula boat offers outstanding amenities and is the ultimate luxury boat for boating enthusiasts. You’ll enjoy a single-level, wide-open bowrider that invites mingling and easy access to all of the areas in the 500 Super Sport Crossover.

This large Super Sport Crossover model has plenty of space for the most comfortable and enjoyable ride on the water. With the large swim platform, full bow lounge and other areas of the 500 Super Sport Crossover, you’ll always have space to socialize or lay back and relax.

Whether you’re looking to adventure close to home or far offshore, the 500 Super Sport Crossover is ready to welcome you. Check out some of the best features this boat offers and learn more about the amenities of this luxurious Formula Boat.

Formula 500 Super Sport Crossover Features

The Formula 500 Super Sport Crossovers pushes boundaries and offers exceptional features as one of the newest boats in the SSC lineup. You’ll experience the staples of the Super Sport Crossover brand with the open bow and cabin elements for lounging and entertaining, along with logical designs and stunning features that make this boat one of a kind.

This Crossover will combine performance, art, stellar amenities, and an exceptional layout that gives the best first impression to you and your passengers. The boat is an impressive 53 feet 4 inches LOA, has a 14-and-a-half-foot beam and is 50 feet from bow to transom.

The boat is an impressive 53 feet 4 inches LOA, has a 14-and-a-half-foot beam and is 50 feet from bow to transom.

Formula Boats introduced the 500 Super Sport Crossover in February 2021 along with its revolutionary quad Mercury 7.6L V12 600 HP Verado Outboard engines with two-speed transmission and a steerable gearcase.

Formula designed the new Mercury 600 horsepower engines to be close together so you can have an ample amount of space on the extended swim platform to socialize and access the engines when you need to. You’ll have four and a half feet of space between the transom and the end of the platform, which is a considerable amount of space for a Formula swim platform.

Storage Solutions and Cockpit on the 500 Super Sport Crossover

The aft deck has seating on both sides with one section wrapping around a pedestal table. The table has drink holders and a pop-up LED light under a removable insert to welcome you and your guests. The seating on the opposite side has two sections for underneath storage that can also act as a cooler. One of the seatbacks folds down as a platform for you and your guests to step on as you enter the boat.

Behind the starboard seat section is an electric grill that is stored under a flip-up splash guard and lid. The lid of the electric grill can transform into a serving area for all of the delicious meals you cook up for you and your guests. Next to the grill is another pop-up LED light.

The overhead extension has speakers and LED lights that shine in various colors to set the mood for onboard gatherings. The extension also includes an automatic shade to relax out of the sun.

In front of the starboard seating section are two barstools and a bartop for the ultimate onboard experience. The bartop has a partition that can make the back of the cockpit seating area its own room. When you open the partition, you’ll see into the galley.

The galley is the perfect place for all of your onboard meal and beverage needs. This area has:

  • A single basin sink with a lid
  • A cutting board
  • A cooktop with cover
  • A microwave oven
  • A refrigerator
  • A trash receptacle
  • Plenty of counter space and storage for all of your groceries, flatware and more

The salon is across from the galley with more countertops, a pull-out bar that can be replaced with a wine cooler, L-shaped seating on an elevated platform, an ice maker and an expandable table with drink holders. You can add additional seating to the table by accessing the cushions under the elevated platform, pulling out the support from the table and securing the cushion.

The overhead has four skylights — two of them open and the others have shades to dim the galley and salon space. You and your guests can enjoy the 65-inch TV from the salon that includes a soundbar above.

yacht 500 m

Bow Cockpit for the Formula 500 Super Sport Crossover

You can enter the bow of this Formula boat through the port side of the windshield. You’ll find wrap-around seating in the bow area with flip-down armrests that include drink holders, storage under three seats, a trash receptacle under one of the seats and pop-up LED lights in the front of the bow.

In the center of the seating is an electric table that lifts with the press of a button. Lift one at a time or both to create an excellent entertaining space for your guests. Place covers on the table to cover the deck floor surface. You can also put cushions on top and lower the tables to align with the seats, creating a spacious seating area to lay down and relax on the bow of the Formula 500 Super Sport Crossover.

Swim Platform and More

Seating at the stern of the Formula 500 Super Sport Crossover is perfect for a day of enjoying the views of the water and relaxing. The beautiful lounger allows you to look out at the bay, cove or open water you’re anchored in.

This seating has flip seatbacks that settle in three different positions to lay back in the sun and storage underneath the seating for the optional SEABOB, which can be connected to a charging unit that is placed under the seat ahead. The stern lounge seating also includes stainless steel drink holders and a spot to lay your cellphone on either side of the seating.

The swim platform also has a padded leaning post with six drink holders and sockets in the deck below to secure paddleboards and other water equipment. You’ll also find a reboarding ladder on either side of the swim platform that secures in the deck and a rail that secures on both sides to offer a semi-enclosed area on the swim platform.

The cabin below the deck has a considerable amount of space for enjoying time with guests, storing items and getting a great night’s rest. You’ll find a kitchenette that has a sink, glassware storage and other cabinets for securing groceries and other items. The seating area that surrounds a table is great for dining and turns into a comfortable bed for you or your guests to enjoy. A TV and soundbar sit across from the seating area with LED backlights to create a welcoming atmosphere.

The mid-cabin offers an incredibly comfortable space for you to unwind and spend the night on your Formula boat. Enjoy a seating area, queen-sized bed, TV with soundbar, electronic charging mount, outlet and storage for your personal items.

Lastly in the cabin is the head compartment. This area features a walk-in shower, plenty of storage space, vessel sink, large trash receptacle and an electric flush head.

Shop for Super Sport Crossovers for Sale and Other Formula Boats

Are you ready to own the Formula 500 Super Sport Crossover or another Formula Boat in the SSC series? Request a catalog today to browse through all of the stunning boats from the Formula Boat lineup or find a Super Sport Crossover for sale at a dealer near you .

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What Our Clients Are Saying

“Like the legendary Beatles Song reminds me, “She’s just 17 and the way she looked was way beyond compare.” Needless to say “I fell in love with her the first time I saw her standing there…….” Yes, I was hooked …”

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Pandora Papers

US alleges sanctioned Russian oligarch’s niece made payments for his $300M yacht

The yacht, known as the Amadea, was seized by officials in 2022, with the U.S. alleging billionaire Putin ally Suleiman Kerimov is the ultimate beneficial owner.

yacht 500 m

U.S. authorities claim to be one step closer to proving a seized $300 million mega yacht is owned by sanctioned Russian Suleiman Kerimov, according to new court filings that detail alleged payments for the boat from the oligarch’s niece.

The yacht, a 348-foot luxury vessel known as Amadea, was seized in Fiji in 2022 by local officials at the request of the United States, as part of the Justice Department’s ongoing efforts to identify and seize assets of sanctioned Russian oligarchs in the wake of Russia’s 2022 invasion of Ukraine.

Kerimov, known for throwing lavish parties and for his reportedly close relationship with Vladimir Putin, was sanctioned by the U.S. in 2018. Britain and the European Union later followed suit.

  • Recommended reading

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US seeks to seize superyacht linked to Russian oligarch after its surprise arrival in Fiji

Apr 19, 2022.

yacht 500 m

US moves to seize yacht of prominent Pandora Papers-linked Russian oligarch

May 06, 2022.

Suleiman Kerimov

US sanctions financial network and luxury planes linked to Russian oligarch Suleiman Kerimov

Nov 16, 2022.

However, since the Amadea’s seizure, another Russian oligarch, Eduard Khudainatov, who is not currently under U.S. sanctions, has claimed to be the yacht’s rightful owner — an assertion U.S. authorities deny.

Prosecutors allege that new documents show Kerimov’s niece, Alisa Gadzhieva, entered into a loan agreement with the company that owns the yacht, Errigal Marine Limited, and then made two payments to Khudainatov’s holding company, Invest International Finance Ltd, Intelligence Online reported .

“The United States takes sanction evasion seriously and will use all tools at its disposal to ensure that sanctioned individuals are held accountable for their crimes,” U.S. Attorney for the Southern District of New York Damian Williams said in an earlier statement . 

The ship belongs to an array of high-value luxury items linked to Kerimov, including private jets and sportscars, like a $650,000 Ferrari that Kerimov totaled in a fiery crash on the French Riviera in 2006. 

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The yacht’s seizure followed ICIJ’s Pandora Papers, which included revelations on the offshore financial empire of Kerimov and his closest associates. The investigation showed billions of dollars flowing through opaque offshore shell companies associated with Kerimov, and covert money flows tied to oligarchs and others close to the Kremlin. It also highlighted offshore professionals who have helped oligarchs secretly buy luxury assets like yachts and jets.

Gadzhieva’s brother, Kerimov’s nephew Nariman Gadzhiev, is also under U.S. sanctions for allegedly serving as an assistant and financial facilitator for Kerimov. ICIJ’s reporting showed that, in 2012, a firm registered in Gadzhiev’s name worked with Credit Suisse to secure a $67 million loan for the acquisition of a custom-built Boeing 737 Business Jet as well as a Bombardier Global Express jet. A few years later, an article in Forbes Russia described Kerimov as owning the same kind of Boeing jet.

The Amadea, which is currently in U.S. custody, has already cost over $7 million in taxpayer funds to maintain while the legal battle plays out, The Guardian reported.  

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F-Line PRESTIGE 500 A Bold Icon

  • PRESTIGE 500

Introduction

Prestige 500, a bold icon.

Balanced forms and overall expression affirm power and security. The Flybridge of the PRESTIGE 500 is the point of pride of the yacht, with a unique size for a motor yacht of 50’.

Her interior layout features two concepts that define her personality: an immense living space on a single level, benefitting from a spacious integrated galley that services both the interior and exterior, and her owner’s suite bathed in light by two large panoramic windows, with an independent access and a very large adjoining head and shower compartment.

A great success, and equipped with a propulsion pod, this PRESTIGE has won more awards than any 50-footer in the world!

PRESTIGE 500 model.exterior.h2 1

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