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Germany Seizes Russian Oligarch Alisher Usmanov’s Superyacht

Russian oligarch superyacht seized
The superyacht Dilbar has been reportedly seized by Germany. Credit: Uhooep, CC BY-SA 4.0/Wikipedia

A superyacht belonging to Russian oligarch Alisher Usmanov was seized by German authorities in Hamburg on Wednesday, according to Forbes.

The German government has seized the Dilbar, Usmanov’s 512-foot yacht, the publication said, citing three unidentified industry sources. Built in 2016 and named after his mother, the boat is estimated to be worth $594 million, according to the Bloomberg Billionaires Index.

She is reported to employ 84 full-time crew members, and contain the largest indoor swimming pool installed on any superyacht, at 180 cubic meters. The length of the yacht is 156 meters (511 feet 10 inches), with a beam of 24 meters (78 feet 9 inches) and a draft of 6.1 meters (20 feet).

The European Union adopted sanctions on six of Russia’s wealthiest individuals on Monday, including Usmanov, who called the decision “unfair” and “defamatory.” The Dilbar had been undergoing refitting in the northern German city.

“Superyacht should be refitted as missile cruiser and sent to Ukraine”

Ukraine’s advisor to the minister of internal affairs, Anton Geraschenko, responded to the report on Telegram by saying the yacht should be sent to Ukraine and refitted as a missile cruiser.

Superyachts and other opulent displays of wealth among Russia’s elite have drawn intense scrutiny since the country’s invasion of Ukraine, even making it into U.S. President Joe Biden’s State of the Union address.

“We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets,” Biden said during Tuesday’s address.

The Russian oligarchs included in EU sanctions

Five other individuals were named in the latest EU sanctions: Mikhail Fridman, Petr Aven, Alexey Mordashov, Gennady Timchenko and Alexander Ponomarenko. Mordashov owns two superyachts: the Nord, which is in the Seychelles, and Lady M, anchored in Imperia, Italy.

Some Russian tycoons also still have superyachts docked in European ports, according to a report in Fortune. Roman Abramovich’s Solaris is in Barcelona; Iskandar Makhmudov’s Predator is in Genoa, Italy; and Vagit Alekperov’s Galactic Super Nova is in Montenegro, according to data tracked by Bloomberg.

Usmanov, 68, owns a major stake in USM, a Russian investment group with holdings in Metalloinvest, one of the world’s largest iron ore producers, and the telecommunications company MegaFon.

He’s the sixth-richest Russian with a fortune of $19.5 billion, according to Bloomberg’s wealth index, although that figure includes the Dilbar.

Russian President Vladimir Putin has also been sanctioned by U.S., EU and U.K. authorities. He has been linked by news organizations including Business Insider to the superyacht Graceful.

That boat left Hamburg Feb. 7, about two weeks before Russia invaded Ukraine. It’s now in Kaliningrad, Russia.

Related: Russian Oligarchs Send Messages Calling for Peace in Ukraine

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