The Cabo Sun

Russian Oligarch Continues To Navigate Mega Yacht In Los Cabos Area

By: Author Mario Perez

Posted on Published: March 6, 2022

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Last Updated 2 years ago

Oleg Tinkov, known as the Russian beer czar is apparently on board his 252ft yacht known as La Datcha. The mega yacht had been spotted near Los Cabos beaches earlier this week. It has since been assumed that Oleg Tinkov is on board the yacht and looking to escape the war waged by his home country in Mexican beaches. 

Mega Yacth

According to the most recent reports the vessel has moved up the coastline to the Bahia de Tortugas area. Another famous port in the Baja California region. Whether Tinkov or his family remain on board is a mystery at this point. Other wealthy Russian businessmen have had a hard time leaving their home soil. It would seem Tinkov sailed away just in time. 

Beach on Baja Coast

The War Has Not Been Profitable For Tinkov   

As the outbreak of war continues to devastate Ukrainian families, certain Russian businesses have actually benefited from the conflict. Particularly those companies in the energy sector. With oil prices spiking up to levels that had not been seen since 2014. The owner of the La Datcha is not heavily involved in those types of businesses. He is also well known for being the owner of Digital Bank Tinkoff. 

Russian Protests

The bank has actually made Tinkoff lose his billionaire status in a matter of days! According to Forbes magazine share prices for Tinkoff’s bank have fallen by 90% since the start of the war with Ukraine. Since Tinkoff’s assets were heavily tied up in the bank business the magazine estimates that his net worth that floated around 5 billion dollars just a few weeks ago has now fallen to around 800 million dollars.

seeking refuge in the Cabo area

If that were to be true, that would mean that the boat that he is currently on represents about 13% of his total net worth! La Datcha is a boat that was built back in 2019. Currently, it’s valued at right around 110 million dollars. If things continue on a downward trend for Tinkoff with his bank this trip aboard La Datcha to the Cabo area may very well be one of his last ones on the boat at all. It’s probably safe to say that Tinkoff is one of the many Russians who isn’t a supporter of the war in Ukraine.     

Cabo Marina

One of The Biggest Developers In The Cabo Area   

Tinkoff has been one of the many international businessmen who have fallen in love with the Cabo region. He created the La Datcha Villa . The luxury property is located on the Pedregal beach in Cabo San Lucas. It can be rented out for a cool price of around 35 thousand dollars a night plus a 19% tax fee! The villa can house up to 20 people for that price tag. That’s a way to offset some costs.

Los Cabos Villa

 It’s presumed that Tinkoff and some close family members and companions made land in Los Cabos, and are currently staying at the Villa. Although, there has been no confirmation that this is the case. The Villa doesn’t seem to be currently up for rent though. Which certainly indicates that it’s occupied. At this point in time Mexican authorities have not mentioned anything about the presence of the Russian millionaire in the Cabo region. Tinkoff has expressed his love for the Cabo area on numerous occasions. Apparently he hopes to be able to wait out the war here in Cabo San Lucas. Tinkoff mentioned, about his Villa, 

Authorities Set To Tighten Up Security During Spring Break In Cabo

“It took me several years to bring the project in Cabo San Lucas to life. I was very lucky to buy this piece of coastal land, managing to build a house that embodies my vision of life and design.”  

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Photos show the luxury mega yachts that belong to Russian oligarchs — some of whom have hidden their ships as the UK ramps up sanctions.

  • Sanctions targeting Russian oligarchs threaten their luxury assets — including their mega yachts.
  • Many countries have implemented sanctions targeting Putin and Russian oligarchs following Russia's attack on Ukraine.
  • Insider compiled a photo list of some of the luxury vessels.

Insider Today

Russian billionaires' assets — including their megayachts — are in danger of being seized as countries continue to impose sanctions on Russian oligarchs in response to Russia's invasion of Ukraine.

US President Joe Biden announced that the US will make a substantial effort to seize Russian oligarchs' assets.

"We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets," Biden said in his State of The Union address on March 1. "We are coming for your ill-begotten gains."

Since the US is not in "armed conflict" with Russia it may be legally tricky to seize assets like yachts, Insider reported . 

"The threshold for seizing assets under sanctions is that the US has to be in armed conflict with the owner of the assets," Brian O'Toole, an economic sanctions expert, tweeted last Friday. "The idea of turning Russian corruption into Ukrainian assistance is lovely but this idea is illegal, period."

It can also be difficult to find out who the owners of these yachts are.

Offshore companies typically own the luxury vessels, but enough "public speculation" pointing to a Russian oligarch as an owner is likely "sufficient for a seizure," Insider reported . 

Many of the oligarchs moved their yachts to places where they can't be seized, such as the Maldives, which does not have an extradition treaty with the US.

Insider has compiled a list of photos with mega yachts linked to Russian oligarchs.

Galactica Super Nova

russian oligarch yacht in cabo

Amid sanctions and seizures targeting Russian billionaires, Galactica Super Nova — said to be linked to the CEO of Russian oil firm Lukoil — is no longer detectable via ship tracker site MarineTraffic , The Daily Beast reported Thursday. 

The superyacht — whose owner is named Vagit Alekperov — had just been in Montenegro last week, Insider reported .

Alekperov is not currently the target of any sanctions. 

The yacht is almost 230 feet long and can hold up to 12 guests and 16 crew members, according to the ship maker Heesen Yachts .

The ship also has a helicopter pad that can turn into an outdoor movie theatre, also according to the ship maker.

The Amore Vero

russian oligarch yacht in cabo

France seized Amore Vero, a 281-foot megayacht linked to oligarch and politician Igor Sechin, on March 3.

The yacht, Amore Vero, is estimated to have a value of $120 million . It has a swimming pool that doubles as a helicopter pad and a private deck for its owner, according to Oceana , the ship maker.

Per The Wall Street Journal , officials believe that Amore Vero is "owned by a company whose majority shareholder was Mr. Sechin," though the outlet does not provide the name of the company.

Sechin is the CEO of Rosneft, Russia's oil giant, and a former deputy prime minister. A known Putin ally , he was sanctioned by both the EU and the US before France seized his yacht last week .

Sechin was one of seven oligarchs sanctioned by the UK on Thursday. 

People in Russia have referred to Sechin as "Darth Vader" and "the scariest man on Earth," according to The Guardian .

russian oligarch yacht in cabo

Alisher Usmanov has been sanctioned by the EU, the US, the UK, and Switzerland. His boat remains in Germany, but the country says it hasn't seized it.

Usmanov's Dilbar is "is the largest motor yacht in the world by gross tonnage," according to Lürssen , the German ship's maker.

It's 512-foot long and weighs 15,917 tons. The ship has been docked in Germany for months undergoing a "refitting," but last week Forbes reported that it was unable to leave the dock.

Germany, however, has denied that it formally seized Dilbar.

Forbes said that "the German federal customs agency is the 'responsible enforcement authority' and would have to issue an export waiver for the yacht to leave, and that 'no yacht leaves port that is not allowed to do so.'" 

Still, multiple outlets reported that Usmanov has fired the crew on the Dilbar.

The Uzbekistan-born oligarch is a supporter of Putin. 

"I am proud that I know Putin, and the fact that everybody does not like him is not Putin's problem," Usmanov told Forbes  in a 2010 interview. 

russian oligarch yacht in cabo

Suleyman Kerimov was sanctioned by the US, and his son, Said Kerimov, owns ICE. The superyacht is worth is an estimated $170 million.

The Kerimov family owns the majority of Polyus Gold, Russia's biggest gold producer .

ICE was dubbed "Superyacht of the Year" in 2006 at the World Super Yacht Awards, according to Boat International . It is approximately 300 feet and has its own resident helicopter, according to Club Yacht .

Quantum Blue

russian oligarch yacht in cabo

Sergey Galitsky's ship, Quantum Blue, has an estimated value of $250 million and is last known to be docked in Monaco.

Galitsky is the founder of one of Russia's largest supermarket chains, Magnit.

His name is not currently on the list of sanctioned Russian oligarchs,

russian oligarch yacht in cabo

Though he also is not the target of any current sanctions, Vladimir Potanin's superyacht, Nirvana, is one of at least four ships docked in the Maldives .

Potanin is the Former First Deputy Prime Minister of Russia and was a longtime trustee for the Guggenheim museum before stepping down on March 2, according to The New York Times . 

Nirvana is not Potanin's only superyacht, he also owns another named Barbara, according to Fortune .

Alexander Abramov's Titan, Alexei Mordashovis' Nord, and Oleg Deripaska's Clio are also located in the Maldives.

russian oligarch yacht in cabo

At 533 feet long, Roman Abramovich's Eclipse was the largest yacht on the globe until 2013 when the 590-foot Azzam overthrew it. 

Abramovich, once Russia's richest man , is the departing owner of Chelsea FC soccer club. He was sanctioned by the UK on Thursday along with six other oligarchs, Insider reported .

The luxury boat has a host of amenities, including two helicopter pads, a missile detection system, and a swimming pool more than 50 feet long. It also has space for up to 36 guests and 70 crew members, according to Yacht Harbour .

Insider previously reported that it is currently docked in the Caribbean .

russian oligarch yacht in cabo

Another yacht named Solaris is linked to Abramovich. The vessel, worth approximately $600 million, left Spain Tuesday after having been under repair since late 2021, Insider reported.

Solaris is 460 feet and can host a total of 36 guests, according to SuperYachtFan .

russian oligarch yacht in cabo

Tango, owned by the US-sanctioned Viktor Vekselberg, is currently located in Palma, Spain.

Tango can host up to 14 people and is 254 feet long, won the 2012 World Superyacht Awards, and has an estimated worth of $120 million, according to SuperYachtFan .

Vekselberg is a Ukrainian-born businessman who owns Renova, a Russian conglomerate, according to The Guardian .

He was one of nearly two dozen Russian oligarchs and officials that the US sanctioned on Friday.

The US Treasury Department claims that he has close ties with Putin, and has announced that assets such as his $90 million jet and his superyacht Tango have been frozen, Insider reported .

russian oligarch yacht in cabo

Graceful, a yacht reported to belong to Russian President Vladimir Putin, left Germany just before his invasion of Ukraine, Insider reported in early February.

—Manu Gómez (@GDarkconrad) February 9, 2022

Graceful is 270 feet long and has a saloon, gym, spa, library, and an indoor pool nearly 50 feet long that doubles as a dance floor.

Scheherazade

russian oligarch yacht in cabo

A mystery yacht remains untouched as the owner remains a mystery.

The owner of the 459-foot Scheherazade is suspected to be a Russian billionaire, though the owner was never publically identified, The New York Times reported .

Many people believe it belongs to Vladimir Putin, nicknaming the vessel "Putin's Yacht."

SuperYachtFan estimates the ship's value sits at $700 million.

Stella Maris

russian oligarch yacht in cabo

Stella Maris is linked to oil and gas tycoon Rashid Sardarov. It was last seen in Nice, France, according to The Washington Post .

The luxury vessel is priced at $75 million, is 237 feet long, and can hold up to 14 guests, per SuperYachtFan .

Sardarov is not being sanctioned. 

Sailing Yacht A

russian oligarch yacht in cabo

Sailing Yacht A is believed to belong to Andrey Melnichenko. The boat was seized by Spanish officials Saturday, Reuters reported .

The ship is more than 465 feet long and can hold up to 20 guests, according to SuperYachtFan . The website says that Sailing Yacht A also features an underwater observation area and has a value of more than $500 million.

Melnichenko is an EU-sanctioned Russian billionaire who works in coal and fertilizers, according to Forbes . The magazine also reported that he owns a second yacht, Motor Yacht A, which is similar to a submarine. 

russian oligarch yacht in cabo

Oligarch Gennady Timchenko's superyacht "Lena" was seized in the port of Sanremo, Italy on March 5, Reuters reported.

Timchenko is the owner of a private investment group, Volga Group and a shareholder of Bank Rossiya. The oligarch has been sanctioned by the EU, which describes him as a "long-time acquaintance of the President of the Russian Federation Vladimir Putin."

Timchenko was also sanctioned by the UK on February 22. 

The superyacht is valued at around 50 million euros ($54 million), Reuters reported. It has fold-down terraces, as well as an "owner's suite" which opens out onto the sea with "gull-wing doors," according to its manufacturer, Sanlorenzo.

russian oligarch yacht in cabo

Italian authorities also seized a $71 million super-yacht belonging to one of the wealthiest men in Russia , Alexei Mordashov. 

The 215-ft "Lady M" superyacht was seized in the Port of Imperia, northern Italy, a source confirmed to Reuters.

The yacht can accommodate up to six guests on and also has accommodation for four crew members, per the Superyacht Times .

The oligarch, who is the chairman of steel mining company, Severstal, has also been sanctioned by the EU, which says Mordashov is "benefiting from his links with Russian decision-makers." Mordashov has insisted he has "absolutely nothing to do" with Russia's attack on Ukraine. 

The Oligarch moved $1.3 billion worth of shares in travel company, TUI, to an offshore tax haven on the day he was hit by sanctions, Insider's Huileng Tan previously reported. 

He was also added to the UK government's sanctions list on March 15.

russian oligarch yacht in cabo

Some superyachts belonging to Russian billionaires are currently seeking refuge in the Maldives, including a yacht owned by billionaire Oleg Deripaska, Reuters reported.

The billionaire, who is also the founder of one of Russia's largest industrial groups, Basic Element, was added to the UK's sanctions list on March 10.

Also built by Lürssen, the superyacht - which is around 238 feet long - can accommodate 18 guests in nine cabins, per Superyacht Fan.

russian oligarch yacht in cabo

The superyacht Valerie - worth $140 million - was seized in Barcelona on Monday, Spanish Prime Minister, Pedro Sanchez, said on La Sexta television, per Reuters.  

Sanchez did not confirm the owner of the yacht, but two sources confirmed to Reuters that it belonged to Sergei Chemezov, who is said to be a close ally of Putin.

The oligarch, who was previously a KGB spy with Putin in the former Soviet Union, recently said that Russia would emerge victorious from Western sanctions, Reuters previously reported . 

Chemezov, who is the CEO of Russian defense conglomerate Rostec was added to the US sanctions list on March 3. 

His yacht is 279 feet long and can accommodate 17 guests in eight suites, per Superyacht Fan.

russian oligarch yacht in cabo

Crescent, most likely owned by Igor Sechin but also rumored to belong to Putin, was the third yacht Spain seized as the West ramps up sanctions, The Washington Post reported Thursday.

The superyacht is 443-feet long and costs an estimated $600 million, according to  SuperyachtFan, which also says the vessel hosts a retractable helicopter hangar and a large pool with a glass bottom.

Lady Anastasia

russian oligarch yacht in cabo

Lady Anastasia is owned by Russian oligarch Alexander Mikheyev but was seized by Spain on Tuesday, according to Reuters . 

The boat is almost 160 feet long and can hold up to 10 guests, according to Yacht Harbour .

Mikheyev, who was sanctioned by the EU, is the head of a helicopters division under Rostec, New York Mag reported .

russian oligarch yacht in cabo

  • Main content

KGTV - San Diego, California

Federal government moves to confiscate mega yacht seized from alleged Russian oligarch

russian oligarch yacht in cabo

NATIONAL CITY, Calif. (KGTV) — After letting a mega yacht seized from an alleged Russian oligarch sit in San Diego bay for nearly 18 months, the federal government is now beginning the process of trying to officially confiscate it.

The Amadea was seized in Fiji and arrived in San Diego in June of 2022. According to court documents obtained by ABC 10News, federal prosecutors allege that the yacht is owned by Suleiman Kerimov, a Russian billionaire who was sanctioned following Russia's invasion of Ukraine.

Kerimov had the ship custom-built at a reported cost of $300 million dollars. It's considered one of the most lavish mega yachts in the world. "Even in our jaded industry, the yacht behind me is a superstar," said yacht expert Todd Roberts, President of Marine Group Boat Works, a ship yard in Chula Vista that works on mega yachts, though not contracted to work on the Amadea.

While the government may hope to win the case to confiscate the yacht and sell it, that may be a tricky proposition. “Nobody really wants international law to be designed in a way where countries can just sort of seize other country’s assets and actually confiscate them," explained University of San Diego law professor Craig Barkacs.

He says it is not legally clear that the United States has the right to confiscate the ship, even after seizing it. There are a number of United States and international laws that could be at play. He points out that the seizure of the ship for violating sanctions is more of a political decision than a legal one.

Even the ownership of Amadea by Kerimov is being challenged, with a counter lawsuit filed on behalf of another man who claims to be owner of the yacht. Barkacs says the court battle could last a long time. “The answer to your question is, I don’t want to sound too cynical here, but 'in perpetuity' comes to mind.”

Meanwhile, the government is stuck with the ship. Roberts says it must be maintained because letting it rot would lead to leaks and environmental damage to the bay. He estimates the cost of paying for fuel to power the generators, plus maintenance, and the salaries of the 20-30 person crew living full-time on the yacht to be between $4-6 million annually.

If it wins in court, the government could sell Amadea to recoup its money. But for now, it will remain parked in its spot next to Pepper Park.

“If the boat’s going to sit anywhere, it’s great that it’s here in San Diego," Roberts said.

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Superyachts in Los Cabos

  • July 11, 2020

Super Yachts and Private Jets in Los Cabos Let’s take a look at the largest yachts in Los Cabos. We will show you who owns them and the jets they use to meet up with these sweet floating mansions. This list will undoubtedly change as we receive new superyachts…

Los Cabos and La Paz are dream destinations for power yachting. According to yacht directory SuperYachts.com, more than 500 superyachts are currently being built in shipyards around the world. It appears size does matter in the elite world of superyachts. Ricardo Salinas is a prominent Mexican businessman, the founder and chairman of Grupo Salinas.He is the third richest person in Mexico with an estimated net worth of US $13.2 billion. His superyacht Azteca is often seen in Los Cabos. This is the largest one of the many yachts he has acquired over the years and is 236’ at a cost of $80m. She can accommodate 12 guests and a crew of 28.He and his family fly on their Gulfstream G-V private jet. The aircraft has a market value of approx. US $10-15 million and can accommodate 12 passengers.Venus is a superyacht designed by Philippe Starck built by Feadship for Jobs. However, Jobs died in October 2011. The yacht was unveiled a year later and cost more than $110m. His widow Laurene Jobs has been seen enjoying this vessel in Cabo, the Caribbean, and the Mediterranean. Venus is 256 ft long and as you can see a very unique design. No surprise there. What is a wonder is that Phillipe Starck was given complete design control.The Jobs Private jet is a Gulfstream V, worth over $40 million and paid by Apple.Here comes the Sun is a 272’ superyacht owned Russian Billionaire Alexander Dzhaparidze. He has a penchant for Yachts and the Beatles. This is his fourth yacht named after a Beatles song. This gorgeous yacht has all the toys and was built by Amels. This is their largest built yacht to date. Alexander is a self-made businessman that got his start in the exploration of oil. He has recently split with his wife who took half of his $1.2B.This is available for charter for up to 16 guests and a crew of 27. She has a top cruising speed of 27 knots.Next up we have Kismet worth an estimated $200 million. Kismet is owned by Pakistani-American billionaire Shahid Khan. He is a self-made billionaire living the American dream. The word kismet means “destiny” or “fate” in many languages. Kismet can carry 28 crew members at a time and has eight staterooms that provide capacity for 16 guests. It has a charter price of $1.2 million per week, excluding food, fuel, and dockage costs. In mid-2018, the yacht was rented by Jay-Z and Beyoncé during a vacation to Italy. Shahid Khan is the proud owner of the Jacksonville Jaguars. Mr. Khan is estimated to be worth $10B and has 4 private jets.Attesa IV superyacht and is one of the more commonlyseen in Los Cabos. This 332’ spectacular floating symbol of style and wealth is owned by Dennis Washington.Mr. Washington is an American billionaire industrialist and the wealthiest man in Montana.The luxury yacht is commonly seen anchored just offshore of Mango Deck with all the toys zipping back and forth. He owns properties in Los Cabos and is a welcome and friendly Cabo resident.He has a few private jets for business and pleasure the largest being a Boeing 737-700 for any longer international jaunts.IJE Super YachtThis yacht is a floating mansion with a whopping 354-foot length. It was delivered late last year at the Benetti builders yard in Livorno Tuscany for Australian big boy James Packer.Packer named his latest toy IJE for his three children- Indigo, Jackson, and Emmanuelle do that’s the story behind the name.This June he was spotted on the IJE while inspecting the construction of his $50 m oceanfront estate next to the One & Only Palmilla.Mr. Packer flies into Los Cabos on one of his fleet of Bombardier Global Express XRS. He purchased three of these for his Crown resorts and personalAnna is a new superyacht designed by Michael Leach and built by Feadship. It is owned by Another Russian oligarch Dmitry Rybolovlev with a penchant for yachting, football, and private jets. Dmitry paid a cool $250 million for this beauty. He is estimated to be worth $7b. He made his wealth in fertilizers.He flies in high style in his converted Being 737-700.Motor Yacht AA is 390 feet and cost $300 m. This unique style was designed by Phillipe Stark and built the Blohm + Voss shipyard. A can accommodate 14 guests in its 7 guest cabins and is designed for 35 crew members on board. Andrey Melnichenko- Russian Oligarch. His wife Aleksandra Melnichenko is a former singer and model from Serbia. They also fly in their custom Boeing 737-700.And finally, we have Serene one of the world’s largest private superyachts and currently the largest private vessel ever to visit Los Cabos by former owner Yuri Shefler.The ship was built for a Russian Stoli vodka tycoon for $330m. His wife is former supermodel Tatiana Kovylina. Built by Italian shipyard Fincantieri with interior design by Reymond Langton Design. Serene can accommodate 24 lucky guests with a crew of 52 for some outstanding luxury yachting style. He zips across the globe is his custom Gulfstream G650.He sold Serene to Saudi Crown Prince Mohammed bin Salman for a reported $500 million.Well, there you have the largest superyachts to ever visit Cabo. For information on how to charter your own yacht go to www.Cabofinest.com. Click Play and choose your vessel. Easy as 1-2-3.This video is brought to you by Cabosfinest, your “Insiders Guide” to Los Cabos.If you liked this video please click subscribe below for our youtube channel and be sure to follow us on Facebook. You may also like to subscribe to our newsletter on our website https://cabosfinest.com/ Thank you for watching.

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Russian super luxury yacht arrives in Cabo San Lucas; annoyed tourists

russian oligarch yacht in cabo

The super luxury yacht that is rented for 900,000 dollars a week arrives in Los Cabos in the middle of the war between Russia and Ukraine

Los Cabos.  The 75-meter-long La Datcha surprised the inhabitants of Cabo San Lucas, since in the waters of the municipality of Cabo, the imposing vessel with the Russian flag, whose owner is the billionaire,  Oleg Tinkov , has been seen, who has requested the end of the war to President Vladimir Putin. 

Various images have already been shared on social networks where the boat can be seen in the entity, accompanied by messages of annoyance from tourists:  “he plays while in Ukraine there are people suffering” , they point out. 

Far removed from the conflict between Russia and Ukraine, the icebreaker yacht sails through South Californian waters, which in fact  is rented for 900,000 dollars a week  and has 2 main cabins, a lounge, sauna, steam bath, massage room, and gym, with capacity for 12 people. 

russian oligarch yacht in cabo

It is the first yacht capable of  traversing 16-inch-thick ice,  thus sailing the seas with autonomy for up to 40 days, said the vessel was a special order from the builder Damen Yachting. 

Although it is not known for sure who is inside La Datcha, it is possible that it is Oleg Tinkov himself, an entrepreneur who went from selling beer to creating his own digital bank; however, he was one of the 10 Russian billionaires who  left the “3 commas” club , due to the collapse of Russian stocks. 

AMLO declares that Mexico will not take economic retaliation against Russia

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

Ayesha Rascoe, photographed for NPR, 2 May 2022, in Washington DC. Photo by Mike Morgan for NPR.

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.

Copyright © 2022 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

NBC 7 San Diego

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.

24/7 San Diego news stream: Watch NBC 7 free wherever you are

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.

russian oligarch yacht in cabo

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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.

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russian oligarch yacht in cabo

The luxury 68m superyacht 'Triple Seven,' owned by Alexander Abramov, on the River Thames in London. EPA

16 superyachts owned by Russian oligarchs

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

Jamie Goodwin

March 23, 2022

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Russian oligarch's yacht costs U.S. taxpayers close to $1 million a month

US-UKRAINE-RUSSIA-CONFLICT

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings.

The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire Suleiman Kerimov. The government said it wants to sell the $230 million yacht due to the “excessive costs” of maintenance and crew, which it said could total $922,000 a month.

“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 [a] sale,” according to a court filing by U.S. prosecutors on Friday.

The monthly charges for Amadea, which is now docked in San Diego, California, include $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. They also include $144,000 in monthly pro-rata insurance costs and special charges including dry-docking fees, at $178,000, bringing the total to $922,000, according to the filings.

The battle over Amadea and the costs to the government highlight the financial and legal challenges of seizing and selling assets owned by Russian oligarchs after the country’s invasion of Ukraine. European Commission President Ursula von der Leyen said last week that the European Union should use profits from more than $200 billion of frozen Russian assets to fund Ukraine’s war effort.

Her comments echoed government calls in the spring of 2022 to freeze the yachts, private jets and mansions of Russian billionaires in hopes of putting pressure on Russian President Vladimir Putin and raising money for the war effort.

Yet, nearly two years later, the legal process for proving ownership of the Russian assets and selling them has proven to be far more time-consuming and costly. In London, Russian billionaire Eugene Shvidler has waged a court battle over his private jets that were impounded, and Sergei Naumenko has been appealing the detention of his superyacht Phi.

The battle over Amadea began in April 2022, when it was seized in Fiji at the request of the U.S. government, according to the court filings.

Though the U.S. alleges that the yacht is owned by Kerimov, who made his fortune in mining, attorneys for Eduard Khudainatov, an ex-Rosneft CEO who has not been sanctioned, say he owns the yacht, and have sought to take back possession of the vessel.

In court filings, Khudainatov’s attorneys have objected to the U.S. government’s efforts to sell the yacht, saying a rushed sale could lead to a distressed sale price and that the maintenance costs are minor relative to the potential sale value.

Khudainatov’s attorneys refuse to pay the ongoing maintenance costs as long as the government pursues a sale and forfeiture. However, they say their client will reimburse the U.S. government for the more than $20 million already spent to maintain the yacht if it’s returned to its proper owner.

In court papers, the government says Kerimov disguised his ownership of Amadea through a series of shell companies and other owners. They say emails between crew members show Kerimov “was the beneficial owner of the yacht, irrespective of the titleholder of the vessel.”

The emails show that Kerimov and his family ordered several interior improvements of the yacht, including a new pizza oven and spa, and that between 2021 and 2022, when the boat was seized, “there were no guest trips on the Amadea that did not include either Kerimov or his family members,” according to the court filings.

The government also says Kerimov has been trying to sell Amadea for years, so a sale would be in keeping with his intent.

“This is not a situation in which a court would be ordering sale of a precious heirloom that a claimant desperately wishes to keep for sentimental reasons,” the government said in filings.

Even if Amadea were sold quickly, the proceeds wouldn’t automatically go to the government. Under law, the money would be held while Khudainatov and the government continue their battle in court over the ownership and forfeiture.

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$4 Billion Worth of Seized Russian-Owned Superyachts: This Is What That Looks Like

Following the February 2022 Russian invasion of Ukraine, a string of wow-worthy superyachts has been seized from Russian oligarchs allegedly associated with Vladimir Putin.

Take a look at these massive superyachts that have already been seized by local authorities earlier this year. All the vessels on this list are over 200 feet long, with the largest measuring in at over 500 feet! Their values range from $75 million all the way up to $750 million…that’s billions of dollars worth of superyachts, coming right up.

512’ Lürssen | DILBAR

512’ Lürssen Yacht | DILBAR

Russian billionaire Alisher Usmanov’s colossal 512-foot superyacht looks more like a cruise ship. DILBAR was seized in Germany on March 2, 2022 by the German government. 

The Lürssen yacht was valued somewhere between $600-$750 million–talk about a hefty loss.

469’ Nobiskrug | SAILING YACHT A

The largest “sailboat” in the world, SAILING YACHT A (aptly named) had a similar fate.

It was seized in Italy from owner Andrey Melnichenko. The 469-foot Nobiskrug sailing yacht was valued at $577 million.

459’ Lürssen | SCHEHERAZADE

459’ Lürssen Yacht | SCHEHERAZADE

459-foot SCHEHERAZADE (say that three times fast) was seized in Italy in May. Since one helicopter landing pad isn’t enough, the Lürssen superyacht has two.

Valued at a cool $700 million, she was reportedly owned by former energy exec Eduard Khudainatov.

443’ Lürssen | CRESCENT

443’ Lürssen Yacht | CRESCENT

Another executive (this time of a Russian oil company), Igor Sechin had his 443-foot Lürssen megayacht seized in March in Spain. The seizure of CRESCENT made for one oily situation.

This massive piece of machinery was valued at $700 million, too.

348’ Lürssen | AMADEA

348’ Lürssen Yacht | AMADEA

Fiji is a dream destination, but not so much for Suleiman Kerimov. His 348-foot Lürssen superyacht AMADEA was seized by local authorities in May 2022.

With an estimated $300 million value, that was one pricey visit to the island country.

304’ Feadship | ROYAL ROMANCE

304’ Feadship Yacht | ROYAL ROMANCE

The 304-foot Feadship superyacht linked to Viktor Medvedchuk was recently dethroned. ROYAL ROMANCE lost some of her royalty and a lot of her romance when she was seized in Croatia this past March.

Her highness was valued at $200 million.

282’ Oceano | AMORE VERO

282’ Oceano Yacht | AMORE VERO

2022 was not Igor Sechin’s year, with not one but two of his yachts on this list. The Russian billionaire’s 282-foot Oceano yacht was also seized earlier this year in France.

AMORE VERO is worth $120 million, adding just a bit to his total losses.

279’ Lürssen | VALERIE

279’ Lürssen Yacht | VALERIE

A 279-foot Lürssen yacht was seized in Spain in March 2022. The impressive vessel was linked to Russian executive Sergei Chemezov.

VALERIE was valued at $140 million

255’ Feadship | TANGO

255’ Feadship Yacht | TANGO

255-foot TANGO met her match when she, too, was seized in Spain in April. The Feadship yacht was tied to Russian oligarch Viktor Vekselberg.

This dancing queen was valued at $90 million.

236’ Dunya | AXIOMA

236’ Dunya Yacht | AXIOMA

Gibraltar was the location of the seizure of AXIOMA, a stunning 236-foot Dunya yacht. The vessel was linked to Russian “businessman” Dmitry Pumpyansky.

Her value was estimated to be $75 million.

The string of spectacular superyachts seized from Russian oligarchs is a long one. Billions of dollars worth of these beauties have been taken since the Russian invasion of Ukraine earlier this year.

In the market for a superyacht of your own? Explore our featured yachts for sale.

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

Tal Yellin

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.

russian oligarch yacht in cabo

Real estate

Other assets

April 14, 2022

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

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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

russian oligarch yacht in cabo

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

russian oligarch yacht in cabo

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

russian oligarch yacht in cabo

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.

russian oligarch yacht in cabo

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.

Tips: Do you have information to share about seized or frozen Russian assets? Learn how to reach our journalists and help us investigate.

Senior Visuals Editor @CNNBusiness @CNN

Watch CBS News

U.S. seizes mega yacht owned by oligarch who's close to Putin

By Robert Legare

Updated on: April 5, 2022 / 9:24 AM EDT / CBS News

Washington  — American and Spanish law enforcement agents took control of the mega yacht Tango anchored in the luxurious Spanish island of Palma de Mallorca on Monday after the U.S. Justice Department obtained a warrant for the $90-million vessel's seizure.

The warrant and subsequent raid targeted Russian oligarch Viktor Vekselberg, who was sanctioned by the U.S. government in 2018 and again last month following Russia's deadly invasion of Ukraine. The financial penalties blocked the billionaire from participating in the U.S. economy and prevented him from utilizing American banks to conduct business transactions. 

According to the Justice Department's warrant , dating as far back as 2011, Vekselberg and other unnamed conspirators attempted to avoid detection in the U.S. by paying for the yacht through shell companies and other money laundering techniques. 

"Vekselberg and those acting on his behalf and for his benefit caused U.S. dollar transactions for the Tango to be sent through U.S. financial institutions, after a time which Vekselberg was designated by the Treasury Department," the warrant unsealed Monday alleges.

Spain U.S. Oligarch's Yacht Sanctions

The Tango, designed and built exclusively for the oligarch, who has an estimated net worth of $6 billion, had been sent to Spain for repair. Investigators say the Spanish government then alerted the Justice Department to its whereabouts on March 13. 

Prosecutors in Spain obtained a "freezing" order on the vessel, paving the way for FBI and other American law enforcement agents to seize the ship. 

Monday's operation was part of the Justice Department's new Task Force KleptoCapture, an interagency law enforcement group aimed at holding sanctioned Russian elites accountable, as Russia continues its aggressive invasion of Ukraine. 

"Today marks our task force's first seizure of an asset belonging to a sanctioned individual with close ties to the Russian regime. It will not be the last," Attorney General Merrick Garland said Monday. "Together, with our international partners, we will do everything possible to hold accountable any individual whose criminal acts enable the Russian government to continue its unjust war."

Russia Sanctions

The Associated Press noted 64-year-old Vekselberg, who was born in Ukraine, has long had ties to the U.S., including a green card he once held and homes in New York and Connecticut. He's the main owner of the Renova Group, a global conglomerate he founded 30 years ago which is based in Moscow with major assets in mining, technology and utilities. He has stakes in several technology companies and in Rusal, Russia's biggest aluminum producer.

Vekselberg and his cousin, Andrew Intrater, were investigated by special counsel Robert Mueller after the attorney for adult film star Stormy Daniels released a memo that claimed $500,000 in hush money was routed through Columbus Nova, an investment company run by Intrater and reportedly affiliated with Renova , to a shell company set up by former President Donald Trump's personal attorney, Michael Cohen, according to the Associated Press. Columbus Nova denied that Vekselberg, who was Intrater's biggest investor, 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. Mueller did not mention Vekselberg or Intrater in his final report.

Editor's note: This story has been updated to reflect that neither Vekselberg nor Intrater were mentioned in special counsel Robert Mueller's report on Russian interference in the 2016 presidential election, as well as to note some of Vekselberg's other holdings.  

Robert Legare is a CBS News multiplatform reporter and producer covering the Justice Department, federal courts and investigations. He was previously an associate producer for the "CBS Evening News with Norah O'Donnell."

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IMAGES

  1. Russian Oligarch Continues To Navigate Mega Yacht In Los Cabos Area

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  2. Russian Oligarch Continues To Navigate Mega Yacht In Los Cabos Area

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  3. SA will allow Russian oligarch to dock super yacht in Cape Town

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  4. Russian Oligarch Continues To Navigate Mega Yacht In Los Cabos Area

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  5. Russian super luxury yacht arrives in Cabo San Lucas; annoyed tourists

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  6. Russian oligarch’s monstrous £360m superyacht with masts taller than

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COMMENTS

  1. Russian Oligarch Continues To Navigate Mega Yacht In Los ...

    Oleg Tinkov, known as the Russian beer czar is apparently on board his 252ft yacht known as La Datcha. The mega yacht had been spotted near Los Cabos beaches earlier this week. It has since been assumed that Oleg Tinkov is on board the yacht and looking to escape the war waged by his home country in Mexican beaches.

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    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 ...

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