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The Russian oligarch has lost a yacht in the USA. Ukraine will get money

2025-08-10 14:00

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2025-08-10 14:00

The exclusive Amadea yacht, worth $ 300 million, confiscated to Russian oligars of Suleiman Kerimov by the US authorities, will be sold at auction – the auction website informed. The income will be transferred to Ukraine.

The Russian oligarch has lost a yacht in the USA. Ukraine will get money
The Russian oligarch has lost a yacht in the USA. Ukraine will get money
/ The Department of Justice

Offers can be submitted until September 10, and the minimum deposit is USD 10 million.

The yacht is 106 mi eight luxury cabins for 16 passengers. It is equipped with a swimming pool, a jacuzzi, a helicopter landing pad and a gym.

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Amadea was confiscated at Fiji at the request of the American justice system, and then transferred to the USA. Currently located in San Diego, California.

The supposed yacht owner, billionaire Suleiman Kerimow, was one of the Russian oligarchs covered by the US and the EU after Russia's invasion of Ukraine in 2022.

In 2024, the American Congress adopted a law enabling the auction to be issued for Ukraine of goods confiscated by Russian oligarchs. (PAP)

MW/ AP/

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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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