December 26, 2024

His Yacht, America's Problem


His Yacht, America's Problem
The "Amadea" herself.  Pjotr Mahhonin, Wikimedia Commons

The Amadea, a $325-million superyacht that used to belong to Russian oligarch Suleyman Kerimov, has cost the U.S. $30 million dollars since 2022.

The yacht was detained and confiscated by the US Department of Justice in June 2022, as part of sanctions on Russian billionaires after the country's invasion of Ukraine. About $15 million was spent just transporting the yacht from its dock in Fiji to the port of San Diego. The U.S. government was on the hook for cleaning and fueling the yacht, as well as feeding and paying over 30 crew members. The remaining sum has gone towards maintaining and housing the yacht in San Diego.

Kerimov was named the 200th Richest Person in the World by Forbes in 2024, with a net worth of $10.7 billion dollars. His yacht remains in U.S. custody, but cannot be liquidated until a court rules on whether the yacht is implicated in Kerimov's federal crime charges. 

You Might Also Like

Is
  • August 05, 2024

Is "Putin's Architect" Back?

The Italian architect behind "Putin's Palace," brought to light by Alexey Navalny, is resuming business ties with Russia.
Medvedev Emerges from His Den
  • March 01, 2008

Medvedev Emerges from His Den

In the 2002 film Oligarch, by Russian director Pavel Lungin, the main character predicts his own downfall, saying, "Russia is a bear. You think you are playing with it and it devours you."
Follow the Money
  • September 26, 2021

Follow the Money

Russia's independent press faces innumerable pressures. Former Russian Life Editor Mikhail Ivanov (1995–2003) describes how economic issues have long plagued the Russian media system.
Like this post? Get a weekly email digest + member-only deals

Some of our Books

Fearful Majesty
July 01, 2014

Fearful Majesty

This acclaimed biography of one of Russia’s most important and tyrannical rulers is not only a rich, readable biography, it is also surprisingly timely, revealing how many of the issues Russia faces today have their roots in Ivan’s reign.

Russian Rules
November 16, 2011

Russian Rules

From the shores of the White Sea to Moscow and the Northern Caucasus, Russian Rules is a high-speed thriller based on actual events, terrifying possibilities, and some really stupid decisions.

Steppe
July 15, 2022

Steppe

This is the work that made Chekhov, launching his career as a writer and playwright of national and international renown. Retranslated and updated, this new bilingual edition is a super way to improve your Russian.

Murder and the Muse
December 12, 2016

Murder and the Muse

KGB Chief Andropov has tapped Matyushkin to solve a brazen jewel heist from Picasso’s wife at the posh Metropole Hotel. But when the case bleeds over into murder, machinations, and international intrigue, not everyone is eager to see where the clues might lead.

Faith & Humor
December 01, 2011

Faith & Humor

A book that dares to explore the humanity of priests and pilgrims, saints and sinners, Faith & Humor has been both a runaway bestseller in Russia and the focus of heated controversy – as often happens when a thoughtful writer takes on sacred cows. The stories, aphorisms, anecdotes, dialogues and adventures in this volume comprise an encyclopedia of modern Russian Orthodoxy, and thereby of Russian life.

About Us

Russian Life is the 31-year-old publication of an award-winning publishing house that also creates books, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955