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Germans Seize Russian Billionaire Alisher Usmanov’s Mega-Yacht
Forbes ^ | 3/2/22

Posted on 03/02/2022 1:47:41 PM PST by BusterDog

Russian billionaire Alisher Usmanov was sanctioned by the European Union on Monday. Two days later, Forbes has learned from three sources in the yacht industry that one of his prized possessions—the 512-foot yacht Dilbar, valued at nearly $600 million—has been seized by German authorities in the northern city of Hamburg.

The ship has been in the Hamburg shipyards of German shipbuilding firm Blohm+Voss since late October for a refitting job. Sources who spoke to Forbes said that the German government froze the asset and that, likely as a result, Blohm+Voss employees who had been working on the yacht didn’t show up to work on Wednesday. Representatives for Blohm+Voss and Usmanov didn’t immediately respond to a request for comment.

Usmanov purchased Dilbar in 2016 for a reported cost of $600 million from German shipbuilder Lürssen, which custom-built it for him over 52 months. The firm calls it "one of the most complex and challenging yachts ever built, in terms of both dimensions and technology." At 15,917 tons, it's the world's largest motor yacht by gross tonnage, and is typically manned by a crew of 96 people. Dilbar boasts the largest swimming pool ever installed on a yacht as well as two helicopter pads, a sauna, a beauty salon, and a gym. Its plush interiors have more than 1,000 sofa cushions and it can host up to 24 people in 12 suites.

(Excerpt) Read more at forbes.com ...


TOPICS: Front Page News; News/Current Events; Russia
KEYWORDS: ss; technodictators; theneoconsnewtoy; ukraine
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I'd imagine that these oligarchs are some pretty mean cats. I'd also imagine that they are not going to take the seizures of their assets lightly.

They certainly have the resources and capabilities to spawn militia/terrorists groups to create havoc just about anywhere in the world.

Those would not be state actions, either, it would just be the actions of a political or ideological group.
1 posted on 03/02/2022 1:47:41 PM PST by BusterDog
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To: BusterDog

Oh, they can end gas & oil to Germany.


2 posted on 03/02/2022 1:51:01 PM PST by Lopeover (Biden & Harris are illegitimate.)
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To: BusterDog

These rich oligarchs are going to put some pressure on Pooty.


3 posted on 03/02/2022 1:51:07 PM PST by ProtectOurFreedom (If truckers quit their jobs, society would collapse. If politicians quit their jobs...HALLELUJAH!)
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To: BusterDog

... nothing like rule of law and due process.


4 posted on 03/02/2022 1:52:00 PM PST by aMorePerfectUnion (Fraud vitiates everything.)
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To: BusterDog

6oo million here, 600 million there, pretty soon you’re talking real money.


5 posted on 03/02/2022 1:52:25 PM PST by 1Old Pro
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To: BusterDog

It will be interesting to see how these Russian mobsters deal with Putin.


6 posted on 03/02/2022 1:53:05 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: ProtectOurFreedom

So, Putin got his out in time…


7 posted on 03/02/2022 1:53:51 PM PST by Empire_of_Liberty
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To: ProtectOurFreedom

Typical democrat idea to stop the war. Steal money from them. These rich guys might be jerks and probably crooks but they did not start the war.


8 posted on 03/02/2022 1:54:07 PM PST by oldasrocks
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To: BusterDog

Ran Gazprom for a decade, is mega-rich by any standards. He will probably retaliate. He’s certainly not used to getting shoved around and certainly will not put pressure on Putin.


9 posted on 03/02/2022 1:54:43 PM PST by FlyingEagle
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To: BusterDog
'They certainly have the resources and capabilities to spawn militia/terrorists groups to create havoc just about anywhere in the world. '

Why? Rich people like nice things.

10 posted on 03/02/2022 1:54:52 PM PST by Theoria
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To: aMorePerfectUnion

“... nothing like rule of law and due process.”

****

Gone, whether you are a Canadian trucker, Russian Oligarch, or Jan 6 protestor. It’s just gone, the law means whatever they say it means.


11 posted on 03/02/2022 1:55:20 PM PST by BusterDog
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To: Theoria

” Why? Rich people like nice things.”

*****

I don’t think these guys got wealthy by being nice.


12 posted on 03/02/2022 1:55:50 PM PST by BusterDog
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To: BusterDog
In any case, it sounds like stealing from a private citizen. The Nazis Germans have a long history of this. Don't know if they have the fortitude to carry it through anymore. The EU has been dependent on a strong US force for so long, I don't know if they realize that they are writing checks they can't cash.
13 posted on 03/02/2022 1:55:58 PM PST by D Rider ( )
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To: BusterDog
The article doesn't say WHY Germany confiscated the yacht. Is it just cuz he's Russian? No due process?

The Dims in America salivate over that kind of power.

14 posted on 03/02/2022 1:56:01 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: BusterDog

Connections. They aren’t gonna have any soon outside of certain $hit holes.


15 posted on 03/02/2022 1:56:33 PM PST by Theoria
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To: BusterDog

Anyone else think this is all Hillary’s revenge?


16 posted on 03/02/2022 2:00:16 PM PST by Skywise
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To: All

Did anyone take any NATO billionaire’s yacht after the disaster in Libya?


17 posted on 03/02/2022 2:02:02 PM PST by escapefromboston (Free Chauvin)
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To: BusterDog

18 posted on 03/02/2022 2:02:06 PM PST by GaltAdonis
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To: ProtectOurFreedom

He’s not the only Russian billionaire with a mega-yacht: Forbes and yacht valuation experts VesselsValue tracked down 32 of them. Despite being hit by EU sanctions on Monday, Usmanov is yet to comment on them or on the war in Ukraine.


19 posted on 03/02/2022 2:02:18 PM PST by WellyP (question!)
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To: Oldeconomybuyer

Well they are more than acquainted with how Putin operates when many got kicked out of Russia when he first took office...some didn’t make it. Others were taken down after they left. So they know his ‘reach’ if they give him a hard time.


20 posted on 03/02/2022 2:02:29 PM PST by caww ( )
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