Why Do Russians Like Yachts?

The West has seized at least nine luxury yachts belonging to Russian oligarchs as part of sanctions aimed at pressuring them. A superyacht linked to Roman Abramovich has had to leave a port in Turkey, as Western powers ramp up pressure on Russian oligarchs. Russians are known for liking their vessels supersized, with the average Russian-owned superyacht in 2021 being 61 meters in length. European governments that seized the yachts and villas of Russian oligarchs now face a more difficult question: what to do with them? Yacht-watching has emerged as the newest global sport, as Russia’s mega-rich oligarchs rush to move their massive, luxury boats out of Western waters. Sabotage is also a risk, as seen in Lady Anastasia, a yacht seized in Mallorca and owned by the CEO of Russian arms exporter Rosoboronexport Alexander Mikheev. A superyacht linked to Russian President Vladimir Putin in the past sailed back to Russian waters before the invasion of Ukraine began. Many Russian billionaires have super yachts and mega yachts because they can, as it is a mix of economics and culture. Oligarchs not only love their superyachts but also use them to cement their status among Russia’s elite. Russians own just over 29% of all superyachts over 90m in length. European governments are increasingly seizing yachts owned by Russian oligarchs with an aim to punish those closest to President Vladimir Putin.


📹 Why Oligarch’s Love Their Mega Yachts #shorts

We speak to an open-source information enthusiast, who is tracking the movements of Russian oligarchs’ superyachts.


Why do Russian oligarchs need so many super-yachts (Mordachov ...
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Does Jeff Bezos have a $500 million dollar yacht?

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Cliché but true, the second-richest man on the planet, according to Forbes, owns the tallest sailing yacht in the world. In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel.

Priced at $500 million, the Koru hit the sea for the first time in 2023 and has since ferried Jeff Bezos and company around the globe. Complete with three massive 229-foot masts, it can reach a top speed under sail of 20 knots, according to the New York Post — which is approximately 23 miles per hour.

Made for a group, up to 18 guests can set sail on the yacht, allowing Bezos to bring family and friends on vacation with him. Here’s a look at the Koru’s extravagant features and how much it costs to operate his floating mansion.

Are the rich buying yachts?

Sales of superyachts, generally defined as boats longer than 30 meters, contracted 20% in 2023 from 2022 and are well down on 2021, when many rich people splurged on boats to travel in a safe and exclusive way.

Why are there so many wealthy Russians who own yachts and live ...
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Why are yachts built in Netherlands?

Part of the reason for the dominance of Dutch yacht builders in the superyacht industry stems from Holland’s prestigious history of boat building, which stretches back centuries and was perfectly poised to make the shift to constructing luxury yachts during the 20th century. The word ‘yacht’ originally comes from the Dutch word ‘jacht’, meaning hunt.

Some of the towering names of the yachting world have emerged from Holland, with the great heritage yards Amels, Hakvoort, Royal Huisman, De Vries and Royal Van Lent more recently joined by other outstanding Dutch yacht builders such as Heesen, Vitters, and Oceanco.

Dutch shipyards are heralded not only for their world-class build quality, high tech yards, and innovation, but are also renowned for reliability in finishing projects on time and on budget. With Dutch shipyards producing many fully-custom ‘one-off’ yachts, many of the yachts launched from Holland’s shipyards are extremely iconic and often win international awards.

Why do oligarchs love superyachts? - Quora
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Where do rich people go with their yachts?

1. The French Riviera. One of the most glamorous yachting destinations in Europe, the French Riviera is a breathtaking landscape of chic seaside villages, white-sand beaches, protected coves, and verdant hillsides dotted with luxury villas.

Does anything even approach the romance, adventure, and freedom of cruising the Seven Seas in a luxury yacht? The vessel is built to enhance, embrace, and refine every aspect of life at sea. The best designs emphasize space, fixtures, finishes—and creature comforts.

The superyacht dials all that up to 11 by maximizing livability with such amenities as swimming pools, personal watercraft (a minisub, anyone?), satellite links, private chefs, outdoor entertainment decks, cinemas, even helipads.

For any sea traveler, though, the best leg of any voyage is the voyage home. This edition of Luxury Defined showcases the world’s most livable yachting destinations, and the homes that equal—or even exceed—superyacht luxury. Welcome home, sailor, home from the sea.

What is the reason for Russian oligarchs having numerous ... - Quora
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Is black caviar cheap in Russia?

Answer 1:. Caviar isn’t a common meal in modern Russia, and it’s also not cheap. We rarely eat black caviar since it is so pricey (albeit it is less expensive than at premium Western places). In Russia, red caviar is much more cheap, but it is still a pricey item that we save for special occasions such as birthday parties.

Because we had abundance of caviar-producing fish in our rivers and lakes, as well as in the Caspian Sea, caviar was a staple dish in Russia in prior ages. Not any longer. While we continue to produce caviar and are among the major producers, we are no longer the largest, and we now import caviar.

Answer 2:. Lobster was historically thought to be a poor man’s meal, commonly fed to slaves, and was given the epithet “cockroach of the sea” by many.

Why are so many super yachts owned and built by Russians? - Reddit
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Who owns the most yachts?

Russian Billionaire Roman Abramovich Owns 16 Yachts And Vessels, 10 More Than Previously Known. I cover the world’s richest people and how they made their billions.

A trove of leaked documents has revealed several previously unreported assets owned by sanctioned Russian billionaire Roman Abramovich. The files, shared with the Organized Crime and Corruption Reporting Project (OCCRP) and its partners, including Forbes, show that Abramovich owns at least 10 more yachts and vessels through offshore companies and trusts—in addition to six yachts worth at least $1 billion that were already public knowledge.

The documents come from MeritServus, a Cyprus-based corporate services provider used by Russian oligarchs, and were initially shared with The Guardian, which received them from an anonymous third party. According to The Guardian, the files show that Abramovich transferred ownership of 10 offshore trusts with billions of dollars in assets—including the trust that owns his yachts and private jets—to his seven children in early February 2022, just three weeks before the Russian invasion of Ukraine and about a month before Abramovich was sanctioned by the U.K. and EU. An OCCRP investigation using company records and documents in the leak also revealed that Abramovich had invested some $230 million in a large Russian forestry company—whose other shareholders included the Russian government—between 2008 and 2016, before selling his stake for about $110 million one month before the outbreak of war in Ukraine.

Forbes identified 10 vessels owned by Abramovich that had not been previously attributed to him, bringing his overall tally to 16. Eight of the ships are small vessels that, according to the leaked documents, are “used to support the operations” of Eclipse, the 533-foot, $427 million megayacht that Abramovich had built in 2010. Eclipse is currently moored in the Turkish port of Bodrum, with three more of Abramovich’s yachts—the 458-foot, $475 million Solaris, the 180-foot, $38 million Halo and the 220-foot, $20 million Garcon—all anchored nearby, along Turkey’s western Mediterranean coast. A representative for Abramovich did not immediately respond to a request for comment.

A mega-yacht seized by U.S. authorities from a Russian oligarch ...
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What is the yacht capital of the world?

As every Floridian knows, “The Sunshine State” comes with its perks. Every year, South Florida receives about 3,000 hours of sunlight. This means boating galore for those who appreciate sailing the open seas. The City of Fort Lauderdale which contains over 300 miles of inland waterways houses around 50,000 yachts, giving the city the apt name “The Yachting Capital of the World”. At Aspire Yacht Sales, we’ve perfected the art of yacht sales in Fort Lauderdale and know firsthand the demand our yachts have.

The entire city lives for boating and direct their lives around the sport. The boating industry in Fort Lauderdale alone employs over 130,000 people. Because of its easy access to the Caribbean and tropical weather, the city is great for any aspiring boat owner or boat collector. If you’re a fan of cruises, Fort Lauderdale houses two of the largest cruise ships and an international boat show, the largest in the world.

Fishermen, tourists, and boaters alike all gravitate towards the city from international waters regularly. Because the Gulf Stream exists close to the shore, it’s a great area for fishing and the nearby coral reefs that scuba divers flock to. Fort Lauderdale is perfect for yachting and boating and fishing. Everyone has something to do in these waters.

Why are billionaires obsessed with yachts?
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Why are billionaires obsessed with yachts?

Superyachts have increasingly become ultrawealthy status symbols, providing highly secluded leisure and networking sites. They are —even more so than real estate —the single most expensive asset you can own.

“It’s a bit of a celebration of your success in life, of wealth,” Giovanna Vitelli, the chair of the Azimut Benetti Group, the world’s biggest producer of superyachts, told Business Insider.

While many tech billionaireshave bought yachts, the richest of the rich, like Bezos, Zuckerberg, and Oracle cofounder Larry Ellison, have gone bigger. Their boats are virtual palaces at sea, decked with amenities like gyms, spas, pools, nightclubs, and movie theaters.

Why do Russians like caviar?

For centuries, caviar has been a staple food in Russian cuisine, a symbol of prosperity, and a way to show off one’s status. It can be enjoyed in various ways, from being served atop toast or crackers to being used as a garnish or ingredient in other dishes.

What country buys the most yachts?
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What country buys the most yachts?

Keep reading to have a look at the top 11 countries that own the most Superyachts, and a selection of the most impressive vessels!United States. Ownership: 23.6% … Russia. Ownership: 8.1% … Greece. Ownership: 6.2%. … Turkey. Ownership: 5.7% … United Kingdom. … Italy. … United Arab Emirates. … Germany.

Which countries have the most Superyacht owners in 2023? According to a report by Superyacht Times, there have been some interesting changes to Superyacht ownership in 2023 due to World events and an increased interest in the industry from certain countries.

For clarification in this article, a Superyacht is defined as a yacht with a length of over 40m, of which there are around 2,000 worldwide. Keep reading to have a look at the top 11 countries that own the most Superyachts, and a selection of the most impressive vessels!

  • 1. United States. Ownership: 23.6%
  • Average length: 54 m
Which country builds the best yachts?
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Which country builds the best yachts?

NORTHERN EUROPE. The Northern European countries are especially known for building fully custom and semi-custom motor and sailing yachts. The Netherlands and Germany top the yachting industry for delivering yachts over 50m with large volume and a high value. German builders Lürssen, Abeking & Rasmussen and Nobiskrug deliver full-custom yacht projects, while Dutch builders like Amels/Damen Yachting, Heesen and Moonen build high-end semi-custom yachts based on model platforms. In the full custom category, Feadship, Oceanco and Royal Hakvoort specialize in the construction of full-custom motor yachts, while Royal Huisman delivers made-to-measure sailing yachts. Both custom and semi-custom yachts built in Northern Europe tend to keep a far higher resale value on the brokerage market. Thanks to their high-quality finish and extreme levels of customization, it’s fair to say that these yachts are akin to floating works of art.

Among Northern Europe’s production series yards, Sunseeker, Princess Yachts and Pearl Yachts offer motor yachts between 17m and 40m. These directly compete with Southern European yacht builders. Among the Mediterranean countries, Italy and Turkey are the two main producers for semi-custom and production series yachts up to 50m. Most Italian-built yachts are made from GRP and often form part of a branded series for yards, examples of which are Sanlorenzo, Custom Line, Ferretti, Benetti, Arcadia Yacht, Maiora, Falcon Yachts and Amer Yachts.

ITALY. When it comes to speed, Italian builders, such as AB Yachts, Tecnomar, Azimut, Mangusta, Leopard Yachts, Riva and Pershing, excel in planing and open vessels. But over the past decade, a flurry of new yacht builders has entered the market delivering lager yachts and more customizable options that rival heritage builders like Baglietto, Codecasa and ISA Yachts. Perini Navi remains one of the most exclusive sailing yacht builders offering performance and style, but when it comes to innovative design solutions, Columbus Yachts, Tankoa, Cantiere delle Marche and the revival of Admiral brought have risen through the pack.

What 2 countries have the best caviar?
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What 2 countries have the best caviar?

The best quality caviar comes from the countries around the Caspian Sea, home to the Beluga, Osetra, and Sevruga sturgeon. For centuries, Russia and Iran have dominated the caviar market, producing the highest quality, and most in-demand, caviar in the world. More recently, China has become a large exporter of caviar.


📹 Why The U.S. Is Going After Yachts And Mansions Of Russian Billionaire Oligarchs

From chasing down yachts in the ocean to seizing Italian villas, the global effort to punish Russian oligarchs for their financial ties …


Why Do Russians Like Yachts
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Debbie Green

I am a school teacher who was bitten by the travel bug many decades ago. My husband Billy has come along for the ride and now shares my dream to travel the world with our three children.The kids Pollyanna, 13, Cooper, 12 and Tommy 9 are in love with plane trips (thank goodness) and discovering new places, experiences and of course Disneyland.

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