The European Union sanctioned Russian billionaire Alisher Usmanov on Monday. One of his treasured belongings, the 512-foot yacht Dilbar, valued at about $600 million, has been confiscated by German police in Hamburg, according to three sources in the yachting business. The ship has been in the Hamburg shipyards of German shipbuilder Blohm+Voss for a refit since late October. According to Forbes, the German authorities froze the asset, and as a result, Blohm+Voss staff who had been working on the boat failed to show up for work on Wednesday.
Blohm+Voss and Usmanov representatives did not immediately respond to a request for comment. Usmanov bought Dilbar in 2016 for $600 million from Lürssen, a German shipbuilder who custom-built it for him over 52 months. It’s “one of the most sophisticated and challenging yachts ever built, in terms of both proportions and technology,” according to the company. It is the world’s largest motor yacht by gross tonnage, weighing 15,917 tons, and is usually manned by a crew of 96 persons. Dilbar features the world’s largest swimming pool, as well as two helicopter pads, a sauna, a beauty salon, and a gym. It has over 1,000 sofa cushions in its sumptuous interiors and can accommodate up to 24 people in 12 suites.
The boat is part of Usmanov’s estimated multibillion-dollar fortune, which includes shares in Metalloinvest and Xiaomi, as well as lesser holdings in telecommunications, mining, and media. Usmanov, who co-founded Facebook with fellow billionaire Yuri Milner, owns a diverse portfolio of real estate in the West, including two estates in the United Kingdom—Beechwood House in London and Sutton Place in Surrey, both valued at $280 million—as well as luxury homes in Munich, Germany, Lausanne, Switzerland, Monaco, and Sardinia.
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