Russian billionaire’s yacht seized by German govt authorities

The German authorities have seized a luxury yacht worth a price of $600 million. Russian billionaire Alisher Usmanov is the owner of the yacht. 

World: The German authorities have seized a luxury yacht worth a price of $600 million. Russian billionaire Alisher Usmanov is the owner of the yacht. 

Usmanov has also encountered sanctions by the European Union commission amid the Russian invasion of Ukraine, the sources in the yacht industry underscored. 


As per Forbes, the yacht is known as ‘Dilbar’ and was taken to the northern port of Hamburg. The 512-feet yacht was experiencing the refitting procedure in the shipyards of Blohm + Voss. The German government has held the yacht, and the employees working on the yacht did not appear for the work. 

So far, no official statement has yet been provided by the Blohm + Voss. Not only on Usmanov, but the European Union has also imposed sanctions on other 25 prominent personalities amid Russia’s invasion of Ukraine, the official journal of the commission further notes. 

According to the ship-tracking data, a total of five superyachts of the Russian billionaires were anchored or were seen cruising on Wednesday, March 2, 2022, in the Maldives, which is an Indian Ocean island country that does not have an – extradition treaty with the United States of America.  

Following the present situation of Russia and Ukraine, numerous countries, as well as many international organisations such as – the EU, imposed sanctions on Russia in solidarity with the people of Ukraine. 

Alisher Burkhanovich Usmanov is an Uzbek-born Russian business magnate and oligarch who is expected to have a net worth of $19.5 billion as of 2022, reported by the Bloomberg Billionaires Index of this year. 

Most of Usmanov’s net worth is being built by metal, mining operations, and investments. He holds the majority of shareholders of Metalloinvest and is the owner of the Kommersant publishing house. Usmanov is also the co-owner of the world’s second-largest mobile telephone operator, MegaFon, and owner of Udokan copper. 



Tariq Saeed


Please enter your comment!
Please enter your name here

Read More

Government of Dominica delivers keys of climate-resilient houses to 57 individuals

The government of the Commonwealth of Dominica handed over the keys to climate-resilient homes to about 57 people on Thursday, July 14, 2022, at the State House Conference Center. The housing units built under the Housing Recovery Project have been provided to the families who lost their houses in the landfall of Tropical Storm Erika and Hurricane Maria in 2015 and 2017.

Dubai registers more than 25000 property deals in the first three months of 2022

Mo’asher, the UAE's authorized sales price index issued by the Dubai Land Department in partnership with Property Finder, said Dubai recorded more than 25000 property transactions in the first three months of 2022. This is the highest number of property deals registered in a quarter since 2010. The total number of property transactions registered was 25,972.

Sri Lankans residing in UAE concerned for family members back at home

Sri Lankan ex-pats in the United Arab Emirates are concerned about their nation's fate and their families back at home, which they say is both complicated and sensitive.


UAE and Red Cross signs agreement to set up office in Abu Dhabi

The United Arab Emirates and the International Committee of the Red Cross have together signed an agreement to set up an office for the humanitarian organisation in the city of Abu Dhabi.

UAE: Sheikh Mohammed congratulates toppers of Class 12 for excellent performance

The Prime Minister and Vice President of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Tuesday, June 28, praised and congratulated the toppers of Class 12 for their excellent performance in their final exams of the academic session 2021-2022.

Abu Dhabi’s International Book Fair to host over 1100 publishers from 80 nations

This year, Abu Dhabi International Book Fair's (ADIBF) 31st edition will host over 1100 publishers from around 80 nations, as announced by the Abu Dhabi Arabic Language Centre (ALC).