Other seized villas and yachts

Not easy, the life of the Russian oligarchs. After Germany and France, Italy has seized two yachts and four opulent residences in the last few days which show all the luxury in which those close to President Vladimir Putin live. What annoy these elected officials, business people and media personalities suspected of having greatly enriched themselves thanks to their links with the Kremlin.

$160 million boats

Here, the Lena, which is worth $70 million.

Photo: AFP

Here, the Lena, which is worth $70 million.

Italy has seized two luxury yachts located in San Remo and Imperia, near the border with France. the Lena, estimated at $70 million, belongs to a longtime friend of Vladimir Putin, Gennady Timchenko. The latter made his fortune in the export of oil and is the founder of the Volga Group, an investment firm.

The Lady M, seized in the last week, is worth $90 million.

Photo: AFP

The Lady M, seized in the last week, is worth $90 million.

the Lady M, this 213-foot super-yacht worth $90 million, belongs to billionaire Alexey Mordashov, shareholder and chairman of Russia’s largest mining and steel company, Severstal. However, Mordashov will be able to rest on his other yacht, the North, which is more than double in length (466 feet). the North is found in the Seychelles Islands, in the Indian Ocean.

Residences to dream of

Member of the State Duma who supported Russian actions towards Ukraine, Oleg Savchenko saw his villa in Tuscany blocked by the Italian state. The Villa Lazzareschidating from the 17th century, has pretty gardens, a swimming pool and a large park with olive trees, oaks, camellias and magnolias.

TV host Vladimir Soloviev, known to be close to President Putin, has had two villas seized in Como, northern Italy. One of them is located on the shore of the prestigious lake of the same name. The two properties have a combined value of $11.3 million according to authorities.

One of Vladimir Soloviev's two properties, on the edge of Lake Como.

Screenshot taken from Alexei Navalny’s Youtube channel

One of Vladimir Soloviev’s two properties, on the edge of Lake Como.

After seeing his $1 billion yacht confiscated by the Germans, Alisher Usmanov also lost full use of a $24 million villa in Arzachena, Sardinia. An article from the media La Nuova Sardegna dating from 2018 mentions that the Russian billionaire is the third honorary citizen of Arzachena, following Prince Karim Aga Kahn and singer Peter Gabriel.


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