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Reading: Superyacht deserted by a Russian fertilizer billionaire has a brand new secret proprietor, who received it for an enormous low cost
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The Texas Reporter > Blog > Business > Superyacht deserted by a Russian fertilizer billionaire has a brand new secret proprietor, who received it for an enormous low cost
Business

Superyacht deserted by a Russian fertilizer billionaire has a brand new secret proprietor, who received it for an enormous low cost

Editorial Board
Editorial Board Published July 23, 2024
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The Alfa Nero superyacht, which has been deserted within the Caribbean for greater than two years, has a brand new proprietor.

The 267-foot (81-meter) vessel, full with a child grand piano and a swimming pool that turns right into a helipad, offered for $40 million final week, mentioned Ronald Sanders, Antigua and Barbuda’s ambassador to the US. He declined to call the customer, citing a confidentiality settlement.

The sale marks the newest try to finish the years-long Alfa Nero saga. A Russian oligarch deserted the posh yacht in Antigua in March 2022, after being sanctioned by the US Treasury. Then tech billionaire Eric Schmidt tried shopping for it at public sale, solely to surrender when the sale grew to become a authorized quagmire. 

In the meantime, the vessel sat in Antigua’s Falmouth Harbour being tended to by a skeleton crew and costing over a $100,000 a month to keep up.

At $40 million, the brand new Alfa Nero proprietor will find yourself paying far lower than the $67.6 million that Schmidt, a former Google CEO, had provided final 12 months. Sanctioned Russian fertilizer billionaire Andrey Guryev had initially purchased the Alfa Nero in 2014 for $120 million, the US Treasury Division mentioned — which Guryev denies. 

His daughter, Yulia Gurieva-Motlokhov, later stepped ahead to assert possession of the yacht, triggering a authorized dispute.

“It’s not worth 40 million, it’s worth way more,” mentioned Richard Higgins, a dealer with Northrop & Johnson who represented the undisclosed purchaser. “They needed to get the boat sold.”

Higgins mentioned the brand new proprietor is European and can doubtless put the Alfa Nero on the constitution market.

The Alfa Nero is amongst greater than a dozen superyachts pinned down in ports across the globe after Russia’s full-scale invasion of Ukraine in 2022 introduced a collection of financial sanctions in opposition to Russian oligarchs. Most of the vessels have been caught in limbo amid pricey authorized disputes and racking up upkeep prices.

The Phi superyacht has been moored in London since 2022 whereas different vessels are caught in Italy and Spain. There’s additionally the Amadea, a 348-foot ship with a lobster tank and painted by hand clouds on the dining-room ceiling, which was seized from its alleged oligarch proprietor in Fiji and now sits in California. Final month, a New York courtroom denied the US authorities’s request to promote the Amadea, Voice of America reported.

Alfa Nero’s new proprietor “is not included in the sanctions list of any country or institution,” Ambassador Sanders mentioned.

The newest try to promote the Alfa Nero was brokered by a non-public contract, the port supervisor, Darwin Telemaque, mentioned in a telephone name. He additionally declined to call the customer. Telemaque expects the proceeds will cowl the thousands and thousands of {dollars} in port charges the Alfa Nero has racked up.

“I am very happy that the ship is no longer the responsibility of the people and the government of Antigua and Barbuda,” he mentioned. 

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TAGGED:abandonedBillionairediscountfertilizerHugeownerRussianSecretsuperyacht
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