"Returning Putin's yacht is simply unconscionable" - Russian journalist and anti-corruption activist Maria Pevchikh opined on website X. She alerted that in Italy, refurbishments of the ...

Dozens of Russian oligarchs have been sanctioned by the West since Russian President Vladimir Putin began his invasion of Ukraine on February 24. They've since seen their luxury yachts detained ...

Russian President Vladimir Putin is spending billions of taxpayers' rubles on 20 luxurious residences, 43 jets and four yachts, a top opposition leader claimed Tuesday. Opposition leader Boris ...

Russian-owned super-yacht Phi is seen after being detained by ... the invasion of Ukraine on the orders of President Vladimir Putin. Although its owner - whose identity was not revealed - is ...

But what does it really mean to be a Russian oligarch, besides having enough money to own a super-yacht? Generally ... and financial influence before Putin came to power in 1999.

The billionaire, who was sanctioned by the UK in March 2022 over his connection to Vladimir Putin's regime, bought five luxury yachts over the course of the 2000s that were involved in the tax scheme.

Even the seizure of yachts, real estate holdings and other foreign assets from Russian oligarchs may do little to end the war. Before invading Ukraine, Putin met with a large group of oligarchs — most ...