Dominick Reuter
April 13, 2022,
The Russian oligarch Alisher Usmanov "indirectly transferred assets" including the Dilbar yacht to his sister, according to the EU.
Mikhail Svetlov/Getty Images, Sabri Kesen/Anadolu Agency via Getty Images
German authorities have impounded a $750 million superyacht associated with Alisher Usmanov.
Police said an investigation into "offshore concealment" found the owner was Usmanov's sister.
Dilbar was speculated to have been seized last month, but officials denied it at the time.
Germany's Federal Police have seized the largest megayacht in the world after determining it to be owned by the sister of Russian oligarch Alisher Usmanov.
The police said they were able to find the owner after an investigation into "offshore concealment" and that the boat would remain at a shipyard in Hamburg.
The European Union's sanctions lists include Alisher Usmanov's sister Gulbakhor Ismailova and say that he "indirectly transferred assets," including Dilbar, to her.
The 512-foot yacht was thought to be under German government control in March when it was spotted at the Blohm+Voss shipyard, where it had been undergoing a refitting since October. Officials denied those reports at the time.
Shortly afterward, the yacht's crew was fired after wages could not be paid because of sanctions, Forbes reported.
With two helipads and the largest indoor pool ever installed on a yacht, Dilbar is worth between $600 million and $735 million and costs $60 million a year to maintain, according to the US Treasury Department.
The UK government estimated Usmanov was worth $18.4 billion from interests in metals, mining, and telecoms, and the EU called him one of "Putin's favorite oligarchs."
Dilbar is named for Usmanov's mother.
German authorities have impounded a $750 million superyacht associated with Alisher Usmanov.
Police said an investigation into "offshore concealment" found the owner was Usmanov's sister.
Dilbar was speculated to have been seized last month, but officials denied it at the time.
Germany's Federal Police have seized the largest megayacht in the world after determining it to be owned by the sister of Russian oligarch Alisher Usmanov.
The police said they were able to find the owner after an investigation into "offshore concealment" and that the boat would remain at a shipyard in Hamburg.
The European Union's sanctions lists include Alisher Usmanov's sister Gulbakhor Ismailova and say that he "indirectly transferred assets," including Dilbar, to her.
The 512-foot yacht was thought to be under German government control in March when it was spotted at the Blohm+Voss shipyard, where it had been undergoing a refitting since October. Officials denied those reports at the time.
Shortly afterward, the yacht's crew was fired after wages could not be paid because of sanctions, Forbes reported.
With two helipads and the largest indoor pool ever installed on a yacht, Dilbar is worth between $600 million and $735 million and costs $60 million a year to maintain, according to the US Treasury Department.
The UK government estimated Usmanov was worth $18.4 billion from interests in metals, mining, and telecoms, and the EU called him one of "Putin's favorite oligarchs."
Dilbar is named for Usmanov's mother.
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