Thursday, August 14, 2025

$325 Million Yacht Owned By Russian Oligarch and Seized By Feds Heading to Auction Block

 

Putin may be digging in his heels refusing to end the war with Ukraine
Sanctions imposed by the U.S. have not caused Russia to its invasion of its neighbor refrain
Russia will end the war when if more lethal weapons to Ukraine by U.S. and NATO are sent
And countries ignoring the prohibitions against purchase of Russian oil on its purchase relent
China will continue to buy Russian oil at a discount, mark up the price and then sell it to countries without oil reserves
The proposed tariffs on goods from India awash in Russian oil due to its purchases may as an effective barrier to curtail India’s purchases serve
But the U.S. has other economic sanctions in its Russian sanctions quiver
Russian oligarchs have supported Putin and made millions that Putin has delivered
But news today should cause oligarchs with assets not in Russia to shiver
As the U.S. seizes such assets as the oligarchs see their total wealth wither
The feds have seize Russian oligarch Suleiman Kerimov’s the Amadea,  a $325 million yacht
Which is now headed for the auction block
Putin should start being in fear
If his oligarch supporters’ asset due to seizure disappear

© 8/14/2025 Michael P. Ridley aka The Alaskanpoet

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