Sanctioned Russian billionaire Alisher Usmanov’s 500ft-long £600million megayacht – one of the biggest in the world – is SEIZED by German authorities amid crackdown on Putin’s oligarchs
Sanctioned Russian billionaire Alisher Usmanov’s megayacht has been seized amid a crackdown on oligarchs friendly with Vladimir Putin, it has been reported.
The 512-foot Dilbar, described as Usmanov’s prized possession, was frozen by German authorities on Monday.
The vessel, with an estimated value of £600million, remains at shipyards in the northern city of Hamburg where it has been for a refitting job since late October.
The move is part of an asset freeze on Usmanov after he was sanctioned by the European Union in response to Russia’s invasion of Ukraine.
Dilbar was custom-built for Usmanov by German shipbuilder Lürssen and took 52 months to finish.
Sanctioned Russian billionaire Alisher Usmanov’s megayacht has been seized by German authorities, it has been reported
She is one of the world’s largest yachts by volume and can hold over 100 passengers and crew in 58 cabins.
The yacht is part of Usmanov’s multibillion pound fortune, which spans stakes in iron ore and steel giant Metalloinvest and consumer electronics firm Xiaomi, as well as holdings in telecom, mining and media.
Usmanov also had several interests in the UK, and until this week had a sponsorship deal with Everton FC, which has since been suspended.
As recently as 2018, the 68-year-old had a 30 per cent stake in Arsenal FC but sold out to American owner Stan Kroenke.
He also owns Beechwood House in the Highgate area of north London and Sutton Place in Surrey – collectively worth over £200million.
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