Close Menu
    What's Hot

    Trump Wants Bagram Airbase in Afghanistan Back for Countering China

    September 18, 2025

    Pepe Price Prediction: PEPE Dips, Top 100 Wallets Load Up – Will They Be Proven Right Again?

    September 18, 2025

    Intel’s surge sends shockwaves across more than 300 ETFs

    September 18, 2025
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»A Russian Oligarch’s Confiscated $325 Million Superyacht up for Grabs
    Money

    A Russian Oligarch’s Confiscated $325 Million Superyacht up for Grabs

    Press RoomBy Press RoomAugust 6, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A $325 million yacht that belonged to a Russian oligarch is now up for grabs.

    The US government is auctioning off the Amadea, a 348-foot-long superyacht seized from sanctioned billionaire Suleiman Kerimov in 2022.

    The yacht, built in 2017 by the German shipbuilder Lürssen, can accommodate 16 guests in 8 staterooms and 36 crew members.

    The yacht offers numerous amenities on its six decks, including a gym, a 32-foot swimming pool, an outdoor jacuzzi, a private cinema, and a helipad.

    “This is perhaps the most spectacular, exacting and beautiful ship any of us will ever see,” Bob Toney, chairman of National Maritime Services, said in the auction press release on Tuesday. “An opportunity like this for discerning owners is exceedingly rare — maybe once in a lifetime.”

    The yacht’s buyer will be guaranteed a “substantial discount on the original price of the yacht,” per information provided by a representative of Fraser Yachts, the luxury yacht broker representing Amadea’s sale.

    The representative added that the yacht has been “virtually untouched” since it was seized.

    Related stories

    Business Insider tells the innovative stories you want to know

    Business Insider tells the innovative stories you want to know

    The yacht will be sold by sealed bid auction on September 10 to the highest bidder in its berth in San Diego. To be considered for the bid, interested parties must deposit 10 million euros, or $11.6 million.

    Per a May 2022 press release by the Department of Justice, the Amadea was seized off the coast of Fiji by the FBI and local law enforcement.

    “Last month, I warned that the department had its eyes on every yacht purchased with dirty money,” Lisa Monaco, the then-US deputy attorney general, said in the release. “This yacht seizure should tell every corrupt Russian oligarch that they cannot hide — not even in the remotest part of the world.”

    Representatives for the National Maritime Services and Fraser Yachts did not respond to requests for comment from Business Insider.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Trump Wants Bagram Airbase in Afghanistan Back for Countering China

    September 18, 2025

    FCC Commissioner Anna Gomez Blasts ABC’s Suspension of Jimmy Kimmel

    September 18, 2025

    Ukraine Slammed More Drones Into Russian Oil, Attacking Key Industry

    September 18, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Trump Wants Bagram Airbase in Afghanistan Back for Countering China

    September 18, 2025

    Pepe Price Prediction: PEPE Dips, Top 100 Wallets Load Up – Will They Be Proven Right Again?

    September 18, 2025

    Intel’s surge sends shockwaves across more than 300 ETFs

    September 18, 2025

    FCC Commissioner Anna Gomez Blasts ABC’s Suspension of Jimmy Kimmel

    September 18, 2025
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.