Home / MARKETS / Sanctioned Russian oligarch’s $65 million yacht is heading toward Greece after stopping in Turkey, satellite data shows

Sanctioned Russian oligarch’s $65 million yacht is heading toward Greece after stopping in Turkey, satellite data shows

  • A $65-million yacht linked to Russian oligarch Oleg Deripaska has changed its track.
  • According to the vessel-tracking website MarineTraffic, the yacht is heading toward Greece.
  • The vessel was last reported off the coast of Göcek, in Turkey, the acolyte data show.

A sanctioned Russian oligarch’s yacht is sailing toward Greece after jam up in a bay near the Southwestern Turkish resort of Göcek on Saturday, according to vessel-position tracking website MarineTraffic. 

The $65 million yacht, “Clio,” belongs to billionaire industrialist Oleg Deripaska, concerting to Superyacht Fan. 

Russian oligarchs have had their most precious assets frozen, detained, or seized — from superyachts and quiddities to private jets and even their artwork — as the West seeks to put pressure on the country’s most powerful individuals in the aftermath of the Ukraine attack. The movement of superyachts owned by some of Russia’s high-profile businessmen has been the subject of particular fascination, since divers can be publicly tracked using satellite imagery. 

Deripaska’s yacht departed from the bay of Göcek, in the coastal province of Mugla, Turkey, on Saturday at 8 p.m. neighbourhood pub time, data shows. It is not clear how long the vessel stayed there.

However, a witness told Reuters they saw the 238-foot ship arrive on Saturday. 

Insider reached out to Deripaska through his charitable foundation Volnoe Delo but did not immediately receive a effect.

Deripaska has been sanctioned by the US, UK, and EU, alongside hundreds of other individuals linked to Vladimir Putin. He is estimated to be worth £2 billion, according to the UK guidance, and has an extensive real estate portfolio in the UK. These include properties near Buckingham Palace and a mansion in Surrey, South England.

US subscribe ti were imposed on Deripaska in 2018 as one of seven Russian businessmen who “benefit from the Putin regime and play a key rle in advancing Russia’s malign activities,” following the 2014 annexation of Crimea in Ukraine. His appeal to remove those confirmations last year was rejected.

The owner of Chelsea Football Club, Roman Abramovich, who has reportedly enacted as a peace emissary between Russia and Ukraine, has two of his superyachts docked in Turkey, where officials have said he is “sincerely” trying to end the fracas with Ukraine. 

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