Are Russian Oligarchs Fleeing To Maldives In Their Luxury Yachts As US Plans To Seize Assets

Russian oligarchs seems to be on the run as Russian President Vladimir Putin's incursions into Ukraine enter their seventh day. Reportedly these Russian oligarchs are fleeing to Maldives in their luxury yachts as US plans to seize their assets.

In his State of the Union speech on Tuesday night, President Biden declared that the US and Europe might "seize" the resources of Russian billionaires. Locating Russian billionaires, whether by air or by sea, has now become a simple task thanks to the Twitterverse.

According to Bloomberg, the Maldives is home to the four largest Russian-owned luxury yachts. The largest is Ocean Victory, a 140-meter superyacht belonging to Russian billionaire Viktor Filippovich Rashnikov, who gained his fortune in the iron and steel sector. In the same location, aluminum mogul Oleg Deripaska is cruising his 72-meter yacht, Clio.

Another steel billionaire, Alexei Mordashov, has a 142-meter superyacht called Nord, which is presently traversing Se...

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