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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussian oligarch's 2 superyachts worth nearly $100 million were seized by French authorities
Two superyachts worth nearly a total of $100 million, which are owned by a Russian oligarch, were recently seized by French authorities, Agence France-Presse reported.
Alexei Kuzmichev, 59, was a cofounder of Alfa-Bank, the largest private bank in Russia, and has a net worth of about $6.2 billion, according to Forbes.
Kuzmichev's 17-meter yacht, "Little Bear I," worth $22 million, was impounded on March 16 in Cannes, a city on the southeast coast of France, a government source told AFP on Wednesday.
The Russian banker's other vessel, "Little Bear II," worth $76 million, was confiscated on Monday in Antibes, a coastal town near Cannes, the government source told AFP.
https://www.yahoo.com/news/russian-oligarchs-2-superyachts-worth-111301326.html
ffr
(22,669 posts)Good!
liberalla
(9,238 posts)AllaN01Bear
(18,159 posts)could feed , clothe and house .
keithbvadu2
(36,775 posts)Only $100 million total for two?
Must be a minor oligarch.