Feb 28, 2022 - Russian billionaires are moving their yachts following Western sanctions

Among the Russian sanctions drawn up by Western governments is a pledge to “hunt down” and seize the prized possessions of Russian billionaires—their yachts, mansions, and other property purchased through dirty money.

But one of those categories is a moving target, and the target is certainly on the move. At least four yachts owned by Russian billionaires have set a course to Montenegro or the Maldives since the sanctions were announced, according to Marine Traffic data reviewed by CNBC... 

https://www.morningbrew.com/daily/stories/russian-billionaires-hiding-their-superyachts



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