Russian Oligarchs’ Yachts Head for Maldives as Sanctions Levied
This article is for subscribers only.
A growing number of superyachts belonging to Russian tycoons have made their way to the Indian Ocean, cruising around the Maldives and Seychelles just as sanctions are imposed on their homeland following Vladimir Putin’s invasion of Ukraine.
The four biggest luxury yachts in the Maldives right now are Russian-owned, according to an analysis of vessel data by Bloomberg News. The largest, the 459-foot (140-meter) Ocean Victory, belongs to steel magnate Victor Rashnikov, according to SuperyachtFan.com, while another -- the 238-foot Clio -- is linked to aluminum tycoon Oleg Deripaska.