(Bloomberg) – Roman Abramovich’s 458ft superyacht has reached Turkish shores as the Russian billionaire faces EU and UK sanctions
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Solaris, which left Barcelona on March 8, was located just south of the tourist resort of Bodrum in southwestern Turkey, according to ship data compiled by Bloomberg. The Eclipse, a 533ft (162.5m) superyacht owned by the 55-year-old billionaire, is nearby, south of Karpathos, Greece.
Abramovich has been hit with EU and UK sanctions over the past two weeks as governments target Russia’s wealthy elite in response to the country’s invasion of Ukraine. His two superyachts, which collectively cost well over $1 billion, left port earlier this month before facing sanctions from any Western government.
Abramovich’s yachts head for Mediterranean despite new sanctions
Turkey has not joined in imposing sanctions, banning travel from Russia or seizing the assets of its billionaires. This makes it one of the closest international destinations for Russian jets and yachts seeking to avoid seizure or seizure.
Abramovich is in the process of selling Chelsea FC, the British football club he has owned for almost two decades. Offers were due Friday for one of the world’s biggest sporting assets and a host of buyers have already lined up to make offers.
Among the latest entrants are Centricus Asset Management Ltd., which has partnered with Jonathan Lourie of Cheyne Capital and Bob Finch of Talis Capital. The offer values Chelsea at more than 3 billion pounds ($3.9 billion) including additional investment commitments, a person familiar with the matter said.
Abramovich is the largest shareholder in Evraz, Russia’s second largest steelmaker, and also has a stake in metals producer Norilsk Nickel. He is the eighth richest person in Russia with a net worth of around $13.9 billion, according to the Bloomberg Billionaires Index.
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