Alexey Mordashov’s Girl M yacht in Imperia, Italy.
AFP by the expend of Getty Shots
Authorities in Italy iced up two yachts belonging to sanctioned Russian billionaires on Friday. Italian police iced up the Girl M yacht—owned by steel magnate Alexey Mordashov—within the port of Imperia, in accordance with a tweet posted on Saturday by Ferdinando Giugliano, the media advisor to Italian Top Minister Mario Draghi. He also added that the nation’s tax police iced up the Lena yacht, owned by oil & fuel rich particular person Gennady Timchenko, within the nearby port of Sanremo.
Alexey Mordashov’s Girl M yacht after being frozen by Italian authorities in Imperia on March 4, 2022.
Ferdinando Giugliano
Mordashov’s Girl M is registered within the Cayman Islands and has been in Imperia since January. Per files equipped by yacht valuation consultants VesselsValue, the vessel is value $27 million, despite the proven truth that the Italian executive estimated its value at $71 million. At 213 feet, the yacht aspects a beauty salon, a present pool and a helicopter pad as neatly as six cabins with plan for as a lot as 12 guests. Mordashov also owns a principal greater yacht, the 464-foot Nord, which is currently off the soar of the island of La Digue within the Seychelles. A representative for Mordashov did now in a roundabout procedure retort to a ask for comment.
Gennady Timchenko’s Lena yacht after being frozen by Italian authorities in Sanremo on March 4, 2022.
Ferdinando Giugliano
Timchenko’s Lena is registered within the British Virgin Islands and has been in Sanremo for five months. It’s value $8 million in accordance with VesselsValue, whereas the Italian executive valued it at $55 million. In-constructed 2010, the 126-foot vessel can dwelling as a lot as 10 folk in five cabins. A representative for Timchenko did now in a roundabout procedure retort to a ask for comment.
They’re now not the handiest yachts owned by sanctioned Russian billionaires currently at possibility of seizure. The 512-foot Dilbar, owned by early Facebook investor Alisher Usmanov, is currently stuck within the port of Hamburg, Germany, where it has been stationed since October for refitting. The shut to $600 million mega-yacht has now not been seized, however can now not leave the nation, in accordance with officers at Hamburg’s Ministry for Financial system and Innovation. Forbes had on the starting attach aside reported on Thursday that it had been seized and that work on the yacht on the yards of shipbuilder Blohm+Voss had stopped. Dilbar is registered within the Cayman Islands and owned by a maintaining company, making it fascinating for the German executive to straight tie it to Usmanov for the cause of sanctions enforcement.
Aluminum baron Viktor Vekselberg, who was once sanctioned by the U.S. in 2018, owns a yacht that’s currently in Palma de Mallorca, Spain. The 255-foot Tango is registered within the Cook dinner Islands and is valued at $90 million, in accordance with VesselsValue. Unlike Mordashov, Timchenko and Usmanov, Vekselberg has now not been sanctioned by the European Union, so it’s unclear if the yacht is at possibility of seizure. A representative for Vekselberg did now in a roundabout procedure retort to a ask for comment.
Prepare Forbes’ reporting to your entire yachts owned by Russian billionaires here:
