A dock trip to Hamburg may be the last yacht in current ownership.
Russian oligarch Aliser Usmanovin the luxury yacht is the fault of the German authorities, the financial magazine Forbes reports.
Forbes initially said it relied on three different sources, with the authorities seizing the ship, but authorities deny this.
Authorities say the ship has not been licensed to leave Hamburg. There, an ecu yacht called Dilbar has been under repair since last fall.
Dilbar is officially registered in the Cayman Islands and the company that owns the yacht cannot be directly associated with Usmanov.
However, the yacht will remain in the German shipyard until the authorities allow it to leave the country. If the ship can be proved to be Usmanov’s property, the authorities can still confiscate it.
Luxury yacht
The crew of the huge yacht is 96-headed. AOP
Dilbar is a luxury yacht in the true sense of the word.
Usmanov bought the ship in 2016 for $ 600 million. The 512-foot (156-meter) ship was one of the most difficult construction projects in the world, according to the Lürssen shipyard that built it.
The gross tonnage of 15,917 tonnes makes it the largest motor yacht in the world. It has a crew of 96 members.
The yacht includes the world’s largest on-board swimming pool, landing sites for two helicopters, a sauna, a beauty salon and a gym. The 12 suites can accommodate 24 guests.
Huge property
Oligarchist Aliser Usmanov is one of Vladimir Putin’s richest supporters. EPA / AOP
Following the EU’s economic sanctions on Russia and the country’s money-rich oligarchs, there has been a rush to secure their assets. The oligarchs fear the authorities will confiscate their property as part of economic sanctions.
Usmanov, who has acquired huge fortunes in the mining and steel industries, among others, is one of the richest people in the world. Forbes estimated the 68-year-old man’s fortune at $ 14.3 billion before the start of the war in Ukraine.
Usmanov has used his assets by acquiring holdings in the banking and media sectors, among others.
The sports world knows him as a former co-owner of the Premier League club Arsenal. he sold a 30 percent stake in the club in 2018 for about $ 700 million. He provided financial support to Everton until the British club cut off its partnership with the man earlier this week.