Stranded superyachts pile up in European shipyards
Ultimately, the authorities can’t allow the yachts to completely disintegrate as they could pose an environmental risk. “It would be completely irresponsible to not maintain the yachts….
US and Spain seize $99m superyacht owned by Vladimir Putin’s billionaire ally
Spanish police on Monday seized a $99 million (£75 million) superyacht belonging to an oligarch on behalf of American authorities, a first for the US’s “KleptoCapture” taskforce…
What will become of the superyacht industry kept afloat by Russian money?
There is no more obvious poster girl for the sanctions against Russia’s oligarchs than Scheherazade, the 140m megayacht allegedly owned by Vladimir Putin. With six decks, two…
Where in the world Russian oligarch yachts are heading to now
“In general, crew or anyone who works for a large corporation, focuses on their job at hand and maintaining standards. But the way the sanctions are structured,…
Rolls-Royce and Bentley’s booming sales signal happy days for the super rich
The world’s ten richest billionaires, meanwhile, added $398bn to their pile, according to Bloomberg. Among them was Amazon founder Jeff Bezos, who added $4bn to a fortune…
Superyachts, police escorts and private beaches: How the mega-rich do Covid-secure Christmas
One thing the very rich avoid at all costs is Christmas in Britain. The most magical time of year is miserable when not spent aboard a superyacht…