island heiress yacht owner

Island Heiress yacht For sale

Motor YACHT Island Heiress

The Island Heiress yacht is a 145' (44.2m) luxury yacht, launched and delivered to her original owner by the leading yacht builder CHEOY LEE yachts in 1996 .

The brilliantly appointed interior accommodations has a 6 stateroom layout, which accommodates 12 guests, and crew accommodations for up to 10 crew.

Her hull is made of composite, with a beam of 29' (8.84m), a draft of 8' (2.44m), measuring in at a total of 479 gross tons.

The Motor Yacht Island Heiress is currently located in Florida, with an asking price of $9,999,995

Arrangements for your private viewing (virtual or in-person) can be made by using the contact form below. For an immediate response, simply complete the form and an FGI Yacht Group yacht broker will contact you. (scroll down for a full tour below)

SPECIFICATIONS

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Luxury & Family Friendly Yacht Charter

M/Y Island Heiress

The Island Heiress is a 145' mega yacht that was built in 1996 by Cheoy Lee.  The boat was completely refit 2013-2017 from stem to stern.  We are proud to offer state of the art Crestron programming on board to give you access to technology all with the touch of an ipad.   We offer an abundant amount of water toys to appeal to all age groups.

Our Approach

Here at Island Heiress we want to treat you to the ultimate vacation.  We want you and your entire family to enjoy all that cruising life has to offer, from 5 star meals, to fun in the sun in the beautiful pristine waters in the Bahamas.  You can relax on the boat and enjoy the comforts of home, all while spending the vacation of a lifetime aboard a mega yacht!

Performance/Capabilities

• Max Speed: 17kn
• Cruising Speed: 12kn
• Fuel Capacity: 20,000USG
• Water Capacity: 3,600USG
• Engines: 3,600hp
• Crane: 4,000lbs

Master of the Vessel

John Gaffley

Captain, master.

Captain Gaffley has been working in the yachting industry since 2005.  With over  13 years experience, he has worked on yachts from 100' to 200'+.  Captain Gaffley was extensively involved in the refit of Island Heiress from 2013-2017.  Captain Gaffley is a native South African.  He enjoys traveling the world, not just by boat but also by motorcycle. He recently drove across the United States on his motorcycle.  He has worked as an air traffic controller and also has a private pilots licence.  In his off time, he enjoys spending time with family and friends.  His first love is of course, yachting!

So when you come on board, make sure you listen to some of the stories Captain Gaffley can tell about his yachting experiences!

In the Media

Making a splash in wilmington, north carolina.

Port City Marina: Destination on the Cape Fear River

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More About ISLAND HEIRESS

ISLAND HEIRESS Yacht

Status: This yacht is only on our website as a sold yacht.

Motoryacht ISLAND HEIRESS

The ISLAND HEIRESS yacht is a 145ft / 44.2m luxury yacht built and launched by yacht builder Cheoy Lee . Delivered to a proud yacht owner in 1996, this luxury yacht sleeps up to 14 guests in 6 staterooms and has accommodations for 12 crew. She has a beam of 145.2ft / 44.3m, a draft of 6.6ft / 2m, and she measures in at 344 gross tons. Her hull is fiberglass and her decks are teak. Her max speed is 17 knots and cruising speed is 12 knots. She is propelled by 2 engines at 3,900 hp each.

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Contact: Merle Wood & Associates | web(Contact us at)merlewood.com | +1.954.525.5111

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Mega yacht attracting attention in downtown Wilmington

Price of Gas? Headed up

Gary franks: biden’s classified documents problem, your weekly astrology: week of jan. 22, 2023, how north carolina can expand opportunity.

By Simon Gonzalez

Staff Writer

When the Island Heiress cruised up the Cape Fear River and docked in Wilmington last fall, the stay was supposed to be brief. Yet the 145-foot luxury motor yacht remains on the outside dock at Port City Marina, and the large vessel has become an unofficial tourist attraction in the northern end of downtown.

“She is a magnificent boat,” said John Gaffley, one of Island Heiress’s two captains.

Classified as a mega or super yacht, the tri-deck craft’s onboard features include a 30-foot inflatable water slide, a Jacuzzi tub, and four WaveRunners. There are accommodations for 12 guests in six staterooms, and space for 10 crewmembers.

The Island Heiress   was built by Cheoy Lee Yachts in 1996 and refitted in 2014 and 2015 in Fort Lauderdale, Florida. Replacement value is $25 million, yatco.com estimates.

Owner Robert Hansen originally brought the boat to Wilmington in November 2015, to celebrate the birthday of his daughter, a student at the University of North Carolina Wilmington. Gaffley said he was impressed with the facilities and prices at Port City Marina, and decided to leave her here for updates and repairs.

“It was very well priced and a really nice facility, close to downtown amenities and everything we needed to make repairs and get everything going,” Gaffley said.

The work includes a total overhaul of the air conditioning system. Gaffley said everything should be completed within a month or two.

“At times, some things need to be addressed or freshened up,” said Gaffley, who is overseeing the work while the boat is at the dock. “Because of the type of clientele that we service, we don’t take any chances with things like that. If we spring a couple of leaks then we replace the whole system, to make sure someone’s dream holiday is not spoiled due to A/C.”

When the work is finished, Island Heiress will sail to the Bahamas, where she will be available with prices starting at $115,000 a week.

“The goal is for her to be a charter vessel in the Bahamas,” Gaffley said. “She’s been earmarked for a new career.”

The time — and money — in Wilmington have been well spent, so much so that Gaffley would recommend the city to others.

“If more people were aware of Port City Marina they would go there in a heartbeat,” he said. “For the boater who keeps their vessel going back and forth between New England or the Northeast and Fort Lauderdale, I think Wilmington is a great alternative if all they are going to do is send their boat away from the cold and snow in the winter. We’ve had a lovely winter season here. It’s been temperate for the most part.”

Port City Marina is part of the growth of the northern end of downtown. The area includes Pier 33, a 27,000-square-foot concrete pier that will be the largest concert venue in Wilmington, two restaurants that are under construction and scheduled to open this summer, two hotels, an apartment building and other housing.

Hansen, the owner of the Island Heiress, also was the head of the HMS Bounty Organization LLC, which owned the tall ship Bounty, a replica of the original 18th-century British navy vessel that was built for the 1962 film “Mutiny on the Bounty.” The Bounty sank off the coast of North Carolina on Oct. 29, 2012, when it sailed into the path of Hurricane Sandy. Crewmember Claudene Christian was killed, and ship captain Robin Walbridge is still missing and presumed dead.

• Island Heiress
• Simon Gonzalez

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• Yachts For Sale
• 145 Global Series Long Range TriDeck
• Island heiress

"Island Heiress yacht" is a 1995 Cheoy Lee and features an exterior design by Mulder Design. Cheoy Lee has launched over 5200 yachts, making it one of the most experienced and accomplished yards in the world. 

She accommodates 14 guests in 6 spacious ensuite staterooms, as well as 9 full time crew. Her exterior deck spaces are vast and comfortable, offering plenty of space for toy storage, as well as large lounging and dining areas. She features a strong and time-tested GRP hull that sits in excellent structural condition, as well as recently installed twin Caterpillar C32’s with 3700 hours. 

She has been meticulously maintained by an excellent charter crew, and has been consistently upgraded her entire life. Her reconfigured flybridge features a full bar and jacuzzi, and offers incredible 360-degree views. She is in turn-key condition and ready for a new owner.

145 Global Series Long Range TriDeck Island Heiress Yacht For Sale

The Island Heiress Yacht for sale is a 145 foot Cheoy Lee Motor Yacht built in 1996. This Power Motor Yacht boasts 6 staterooms and 7 heads and can accomodate up to guests. Some of the features that make this yacht stand out are: Caterpillar Inboard engines, Refitted in 2014. Island Heiress is currently docked in Fort Lauderdale, Florida with a ship flag registered in Marshall Islands and is listed for sale with an asking price of $9,999,995.

Call us today to see any of the motor yachts for sale listed on this website.

Exterior Design:

Cheoy Lee pulled out all the stops when building ISLAND HEIRESS. Her hull is sleek and refined, whilst her revamped deck spaces are vast and well designed. ISLAND HEIRESS is equally well suited to alfresco living, exploration and total relaxation. She’s the perfect yacht to escape the modern world or to draw attention at every port of call.

Interior Design:

ISLAND HEIRESS features a spacious interior with timeless decor, inspired by Gloria Lo-Gross. Her large sky lounge is the perfect family space, offering guests a games table and home cinema, whilst her salon offers formal dining for up to guests. She boasts a full-beam master stateroom on her main deck, three Queen staterooms and two twin staterooms on her lower deck, all of which are equipped with the latest audio-visual entertainment and en-suite facilities.

Top Features:

Perhaps one of ISLAND HEIRESS’ outstanding spaces is her reconfigured flybridge, featuring a Jacuzzi with a swim-up bar, perfect for drinks with your charter group. Her sundeck offers guests shaded alfresco seating, sun pads and spectacular views of her cruising grounds. It goes without saying that ISLAND HEIRESS features a vast array of tenders and Water toys, as well as a full Scuba program with certification courses available. Her inflatable giant water slide and climbing wall are perfect for all ages and only add to her appeal.

Cruising Performance:

As her name suggests, ISLAND HEIRESS offers guests the perfect mega yacht to explore the world’s most spectacular islands. These include the British and US Virgin Islands, the Leeward Islands, the Windward Islands in winter and the Bahamas all year round. With a cruising speed of knots and a top speed of knots, you can do so in style onboard ISLAND HEIRESS.

SPECIFICATIONS - ISLAND HEIRESS

ACCOMMODATION

• GUESTS: (cruising & sleeping)
• (6) STATEROOMS
• Full Bar added
• Teak flooring -
• Starlink added
• Soft furnishings -

BRIDGE DECK

• Overhead Ceiling Panels -
• Cooking lines in Galley replaced in
• Bar Stools reupholstered in
• New Teak Bow -

LOWER DECKS

• Air Handlers replaced in /
• Bottom paint - summer
• Prop Speed - summer
• All out-of-water service concluded summer

CONSTRUCTION & DESIGN

• BUILT / REFIT      / 2013- & -21
• BUILDER:  Cheoy Lee
• MODEL : Global
• EXTERIOR DESIGNER : Mulder Design
• INTERIOR DESIGNER : Gloria Lo-Gross

DIMENSIONS & MATERIALS

• LENGTH: .2m (5'")
• BEAM: 8.84m ('")
• DRAFT: 2.m (8'")
• GROSS TONNAGE: GT
• HULL MATERIAL: Composite

PERFORMANCE & ENGINES

• CRUISING SPEED: Knots
• MAX SPEED: Knots
• RANGE: 4,0 nm
• ENGINES: 2 x Caterpillar (1,8 hp)

ENGINE ROOM

• New Engines ) 18hp CAT C32 Diesels - 37 hrs.
• New Generators - (2) x Caterpillar C4.4 (86kW)
• Most Air Handlers were replaced in /
• All mechanical technical items are fully up-to-date.

CLASS & FLAG

• FLAG: Marshall Islands

Engine hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

The company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change or withdrawal without notice.

The data relating to yachts for sale on this website come in part from a cooperative data exchange program in which this yacht brokerage participates. The listings displayed may not be all the yachts available. Boats for sale listed by yacht brokers other than this broker include the name of the listing broker on the listing detail page. Zev Freidus is a licensed yacht broker with Rick Obey Yacht Sales in Fort Lauderdale, FL.

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• US: +1 (561) 833 4462
• US: +1 (206) 209-1920
• MC: +377 99 90 74 63

ISLAND HEIRESS Yacht for Sale

Island Heiress Yacht for Sale - 145' Cheoy Lee

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Detailed information.

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Main Description

"Island Heiress" is a 1995 Cheoy Lee and features an exterior design by Mulder Design. Cheoy Lee has launched over 5200 yachts, making it one of the most experienced and accomplished yards in the world.

She accommodates 14 guests in 6 spacious ensuite staterooms, as well as 9 full time crew. Her exterior deck spaces are vast and comfortable, offering plenty of space for toy storage, as well as large lounging and dining areas. She features a strong and time-tested GRP hull that sits in excellent structural condition, as well as recently installed twin Caterpillar C32’s with 3700 hours.

She has been meticulously maintained by an excellent charter crew, and has been consistently upgraded her entire life. Her reconfigured flybridge features a full bar and jacuzzi, and offers incredible 360-degree views. She is in turn-key condition and ready for a new owner.

Vessel Features

Exterior Design:

Cheoy Lee pulled out all the stops when building ISLAND HEIRESS. Her hull is sleek and refined, whilst her revamped deck spaces are vast and well designed. ISLAND HEIRESS is equally well suited to alfresco living, exploration and total relaxation. She’s the perfect yacht to escape the modern world or to draw attention at every port of call.

Interior Design:

ISLAND HEIRESS features a spacious interior with timeless decor, inspired by Gloria Lo-Gross. Her large sky lounge is the perfect family space, offering guests a games table and home cinema, whilst her salon offers formal dining for up to 10 guests. She boasts a full-beam master stateroom on her main deck, three Queen staterooms and two twin staterooms on her lower deck, all of which are equipped with the latest audio-visual entertainment and en-suite facilities.

Top Features:

Perhaps one of ISLAND HEIRESS’ outstanding spaces is her reconfigured flybridge, featuring a Jacuzzi with a swim-up bar, perfect for drinks with your charter group. Her sundeck offers guests shaded alfresco seating, sun pads and spectacular views of her cruising grounds. It goes without saying that ISLAND HEIRESS features a vast array of tenders and Water toys, as well as a full Scuba program with certification courses available. Her inflatable giant water slide and climbing wall are perfect for all ages and only add to her appeal.

Cruising Performance:

As her name suggests, ISLAND HEIRESS offers guests the perfect mega yacht to explore the world’s most spectacular islands. These include the British and US Virgin Islands, the Leeward Islands, the Windward Islands in winter and the Bahamas all year round. With a cruising speed of 12 knots and a top speed of 17 knots, you can do so in style onboard ISLAND HEIRESS.

Specifications and Upgrades

SPECIFICATIONS - ISLAND HEIRESS

ACCOMMODATION

• GUESTS: 14 (cruising & sleeping)
• (6) STATEROOMS
• Full Bar added 2021
• Teak flooring - 2021
• Starlink added 2020
• Soft furnishings - 2021

BRIDGE DECK

• Overhead Ceiling Panels - 2021
• Cooking lines in Galley replaced in 2019
• Bar Stools reupholstered in 2021
• New Teak Bow - 2021

LOWER DECKS

• Air Handlers replaced in 2021/22
• Bottom paint - summer 2023
• Prop Speed - summer 2023
• All out-of-water service concluded summer 2023

CONSTRUCTION & DESIGN

• BUILT / REFIT 1996 / 2013-14 & 2019-21
• BUILDER: Cheoy Lee
• MODEL: Global
• EXTERIOR DESIGNER: Mulder Design
• INTERIOR DESIGNER: Gloria Lo-Gross

DIMENSIONS & MATERIALS

• LENGTH: 44.2m (145'00")
• BEAM: 8.84m (29'00")
• DRAFT: 2.44m (8'00")
• GROSS TONNAGE: 479 GT
• HULL MATERIAL: Composite

PERFORMANCE & ENGINES

• CRUISING SPEED: 12 Knots
• MAX SPEED: 17 Knots
• RANGE: 4,000 nm
• ENGINES: 2 x Caterpillar (1,800 hp)

ENGINE ROOM

• New Engines 2013 - (2) 1800hp CAT C32 Diesels - 3700 hrs.
• New Generators 2020 - (2) x Caterpillar C4.4 (86kW)
• Most Air Handlers were replaced in 2021/22
• All mechanical technical items are fully up-to-date.

CLASS & FLAG

• FLAG: Marshall Islands

Mechanical Disclaimer

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ISLAND HEIRESS Interior & Exterior Photos

44.2m  /  145'   cheoy lee   1996 / 2022.

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SPONSORED CONTENT

Refining the market with Moravia Yachting

The specialised yacht brokerage house showcases three of its premier vessels currently on the market….

Offering bespoke brokerage services from its Monaco headquarters, Moravia benefits from almost six decades of expertise in working with charter and ownership clients. 31.7m S/Y Audrey II, 38m M/Y Indigo Star I, and 44.2m M/Y Island Heiress each present an excellent opportunity for those on an ownership journey.   “Island Heiress is one of those yachts that is continually well maintained, consistently upgraded, and mechanically sound. As well as being a popular charter yacht, her owner also makes good use of her and is therefore keen that she stays in the best condition so that he and his charter guests are not let down,” remarks Andy Holmes, sales broker, Moravia. Offering an excellent investment for her next owners, Island Heiress has already booked several weeks of charters this season and comes with a full complement of tenders, toys, and watersports equipment. A refit in 2021 saw Island Heiress’ generators replaced, and recent work included an all-new air conditioning system, an advanced audio-visual setup, new carpets, and interior upholstery, a new passerelle, a new seating arrangement for the upper deck lounge, and a new six-person Jacuzzi for the sun deck.

For sailing enthusiasts, Audrey II is currently for sale with Moravia. A pedigree vessel from the Dutch shipyard Jongert, her rich interior is the work of famed designer John Munford. “Audrey II is a fantastic example of what Jongert excels at, namely steel-hulled cruising yachts that are sturdily built and beautifully finished. She had a significant refit at Jongert in 2019, so materially she is in fantastic condition; she is the kind of yacht that will suit a new owner who wants to cruise around the Mediterranean, as well as one that wants to literally see the world,” remarks Holmes.

Finally, the impressive Indigo Star I was built by Siar & Moschini and has been lightly used since her full refit in 2018. Delivered in 1995, she is a fantastic example of how an older yacht can remain in perfect condition and evolve throughout her life cycle – with new features installed to appeal to the modern yachting client. Her highlights include a sizable 310gt volume, a flexible arrangement of accommodation, and a cinema room.

These three vessels illustrate how the Moravia team offers a refined selection of vessels for potential clients or those wishing to continue their ownership journey. In the past year, the yacht sales market has flourished and it is more important than ever to make sure that clients are guided with expert advice that cuts through the noise of the industry.

Further, once the sales acquisition process is completed, Moravia offers clients unique access to yacht management services through its partnership with Hill Robinson. The Moravia charter team works closely with Hill Robinson to ensure that owners receive the best in charter advice, revenue, and management, and the client is assured an exceptional yachting experience. From ongoing management to technical advice, to the hiring of crew, Hill Robinson’s 12 global offices provide worldwide service to clients and the synergy between the two brands ensures a seamless ownership experience for all.

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U.S. Eyes $156 Million Yacht in Dubai Linked to a Russian Oligarch

The U.S. Justice Department is taking steps to seize the Madame Gu, a 324-foot luxury yacht, but it will be diplomatically thorny.

• Share full article

By Kate Kelly ,  Michael Forsythe and Julian E. Barnes

DUBAI, United Arab Emirates — On a clear morning in late October, the jewel-blue hull of the Madame Gu, one of the world’s most luxurious superyachts, gleamed, its aluminum rails shimmering in the sun. Workers on the pier said they had recently seen people painting, cleaning and generally keeping the ship with its helipad and six guest staterooms in pristine condition.

In past years, such a scene would not have been noteworthy. Many superyachts come and go from Dubai’s Mina Rashid Marina, best known as the home of the Queen Elizabeth 2, the trans-Atlantic ocean liner-turned-hotel that dominates the waterfront here.

But Russia’s war in Ukraine has turned an otherwise routine tableau into a diplomatic battleground between the United States and the United Arab Emirates, an important American ally that has established itself as a safe haven for Russian money and assets out of the reach of U.S. sanctions.

The $156 million Madame Gu epitomizes the problem. In June, the United States designated the vessel, which is linked to Andrei Skoch, a Russian steel magnate and lawmaker under sanctions, as blocked property. That means the yacht cannot use American companies for its upkeep, employ U.S. citizens or even use the dollar. The Justice Department is now taking steps to seize the Madame Gu, according to people with knowledge of the plan.

But the United States can’t seize property in a sovereign nation without permission from its government. The Emirates, which has taken a friendlier position toward Moscow, is balking at cooperating with the United States to pursue oligarchs, American officials said. The Kremlin is also using oligarch-controlled companies in the Emirates to acquire war supplies that the West is trying to keep out of Russia’s reach, according to a Western official involved in the sanctions effort against Russia.

Emirati officials did not comment specifically on the Madame Gu but said in a statement that they took their role “protecting the integrity of the global financial system extremely seriously.”

A closer examination of Russian assets in the Emirates shows that even before the war in Ukraine, Dubai had become a playground for Russians with links to President Vladimir V. Putin. At least 38 businessmen or officials with ties to the Russian president own homes in Dubai that are collectively valued at more than $314 million, according to the Center for Advanced Defense Studies. Five of those owners are under U.S. sanctions.

Since the Russian invasion, Dubai has established itself as a safe haven for Russian yachts and aircraft unable to sail or fly elsewhere. After Russian jets were barred from the European Union in late February, the Emirates became the destination for 14 percent of all private flights leaving Russia, up from 3 percent before the invasion.

“It’s frustrating when you see huge assets that are sitting out there and it appears that the country is not cooperating,” said Senator Sheldon Whitehouse, Democrat of Rhode Island, referring to the Emirates. “It would be nice if there were more common cause against Putin while he’s busy shelling hospitals and schools.”

Mr. Whitehouse is sponsoring legislation that would use proceeds of the sales of seized Russian assets to help rebuild Ukraine. Senior officials at the Treasury and State Departments have also complained publicly about the situation.

U.S. officials view the presence of superyachts in places like Dubai and Bodrum, Turkey , as a symptom of wider Russian circumvention of sanctions and continued access to financial markets. Yachts have also come to symbolize the decadence of Russia’s oligarchs, especially at a time when Russian soldiers are scrounging for body armor and sleeping bags on the front lines.

Pursuing the Madame Gu

Built by the Dutch firm Feadship and put into service in 2013, the Madame Gu has a large helicopter pad on its forecastle with a hangar underneath that can double as a squash court when the chopper isn’t on board. The vessel has berthing for 36 crew members, according to one trade magazine.

Mr. Skoch, a member of Russia’s Parliament who is linked to assets worth billions of dollars, according to U.S. court filings, has had sanctions imposed on him twice by the United States, first in 2018 and then after Russia’s invasion this year. The Treasury Department has cited his “longstanding ties to Russian organized criminal groups.”

Mr. Skoch could not be reached and did not respond to messages left at his office at Parliament.

In an interview in October about the government’s broader efforts to go after the assets of oligarchs, Andrew Adams, a federal prosecutor leading the Department of Justice’s KleptoCapture task force, declined to discuss the Madame Gu. But the United States, he said, is warning companies they must not do business with individuals and assets under sanctions. The government, he said, will pursue oligarch-owned assets whose sale could be used to aid Ukraine.

“Where we know there is an asset that can potentially provide significant remuneration for Ukraine, that obviously is an attractive case to pursue,” he said.

U.S. officials are likely to use the case they made for impounding a $90 million Airbus business jet linked to Mr. Skoch in August as a blueprint for seizing the Madame Gu, said people familiar with the plan.

That means investigators will aim to show that the owner of the vessel, or the companies that have been providing services to it, have intersected with the U.S. financial system.

“If there are U.S. dollars or a U.S. nexus associated with supporting this vessel, massive enforcement actions could take place,” said Adam M. Smith, a former official overseeing sanctions at the Treasury Department. Companies that provide support to entities under sanctions could potentially face their own sanctions, said Mr. Smith, who is now a lawyer at Gibson Dunn in Washington.

This year the United States has carried out two high-profile seizures of yachts tied to Russians under sanctions, working with cooperative governments. The $300 million Amadea was taken in Fiji in May and sailed to San Diego under an American flag. In April, the United States worked with Spanish police to seize the $90 million Tango.

A Problematic Partner

Diplomatically, the Emirates has been reluctant to take a clear anti-Russian position when it comes to the war in Ukraine. Sheikh Mohammed bin Zayed Al Nahyan, president of the United Arab Emirates, recently met with Mr. Putin in St. Petersburg, and the Emirati foreign minister recently hosted his Russian counterpart. Yet Sheikh Mohammed has also talked with Volodymyr Zelensky, the president of Ukraine, more than once and recently gave the country $100 million in humanitarian aid.

The United States has publicly expressed dismay over the mixed messages.

During a visit to Dubai in June, Wally Adeyemo, the U.S. deputy treasury secretary, warned of the need for vigilance and proactive steps in combating Russian evasion. That same month Barbara Leaf, the State Department’s under secretary for Near East Affairs, said at a congressional hearing that regarding the Emirates, she was “not happy at all with the record at this point” on sanctions enforcement. Mr. Adeyemo reiterated his concerns in a meeting with Emirati officials in October in Washington.

A senior State Department official said in a statement to The New York Times that the agency continues “to reinforce the importance of conducting enhanced due diligence to prevent sanctions evasion and investigating allegations of such activity” to the Emirates.

The Treasury Department declined to comment on the Madame Gu or the relationship with the Emirates.

Last month, the Treasury Department announced it had placed sanctions on an Emirates-based company, Constellation Advisors Ltd., that the American government said was operating on behalf of a nephew of another Russian oligarch, Suleiman Kerimov. Mr. Kerimov, according to American court documents, was the owner of the Amadea superyacht .

American officials are also worried the Russian government is using the Emirates to acquire military supplies for its war in Ukraine. On Nov. 15, the Treasury Department imposed sanctions on two Emirates-based transportation firms that had worked with another Iranian firm under sanctions, which in turn had helped transport drones and personnel from Iran to Russia.

Moored in Dubai

Based on a recent visit to Dubai’s Mina Rashid Marina , where the Madame Gu is moored, it is clear that international companies are playing a critical role in its care.

The Emirates-based company DP World, through its subsidiary P&O Marinas , oversees the pier where the Madame Gu is moored. Employees from another DP World subsidiary , World Security, staff the small guard box at the entrance. That makes DP World, which is owned by Dubai’s royal family, potentially vulnerable to American sanctions.

DP World “fully complies with all applicable local and national laws and intends to continue doing the same regarding the Madame Gu and other vessels utilizing our services,” said Adal Mirza, a spokesman for the company. He added that DP World had not yet heard from the United States or other countries that had placed Mr. Skoch under sanctions, including Britain and the European Union.

A generator set that dock workers said in late October was powering the Madame Gu — two container-like structures near its stern — bore the distinctive orange logo of Aggreko , a British company. The generator set was connected to the superyacht by thick cords; one of the containers was emitting grayish exhaust.

At the Mina Rashid Marina, soon after Aggreko was contacted by The Times, workers removed the generator. “Having identified that the generator was being used to power a vessel that is allegedly connected to a sanctioned person, we immediately terminated this rental and have since recovered the generator,” the company said in a statement.

Mr. Mirza, the DP World spokesman, said the Aggreko generator had been replaced with one from a local supplier.

P&O Marinas arranged for the diesel generator to provide power for the Madame Gu because that part of the pier, a holding area, has no shore-supplied electric power, said a port official in Dubai, who spoke on the condition of anonymity because he is not authorized to talk to the press.

“At the end of the day, if the U.A.E. hasn’t imposed sanctions, it’s not really their job to enforce other countries’ laws within their borders,” said Nabeel Yousef, a Washington-based partner at the law firm Freshfields, where he runs the sanctions practice. Nevertheless, “companies should not take comfort in the fact that their country has not imposed sanctions,” he added, “because even the smallest connection to the U.S. can lead to U.S. penalties.”

There has also been a notable absence onboard the Madame Gu in recent weeks: a flag. Unlike other ships moored nearby, including the Quantum Blue, a superyacht linked to the billionaire Sergei Galitsky, the Madame Gu appears to be stateless, apparently having been deflagged by the Cayman Islands.

Cayman Islands officials didn’t respond to an emailed inquiry about the ship’s status.

If DP World were to face fallout from U.S. sanctions enforcers, it wouldn’t be the first time the company has been the focus of attention in Washington. In 2006, DP World was seeking to manage some terminal operations at six American ports but dropped out of the deal after a bipartisan uproar in Congress.

Anton Troianovski contributed reporting from Turin, Italy, and Oleg Matsnev from Berlin.

Kate Kelly covers money, influence, and policy as a correspondent in the Washington bureau of the Times. Before that, she spent twenty years covering Wall Street deals, key players and their intersection with politics. She is the author of three books, including "The Education of Brett Kavanaugh." More about Kate Kelly

Michael Forsythe is a reporter on the investigations team. He was previously a correspondent in Hong Kong, covering the intersection of money and politics in China. He has also worked at Bloomberg News and is a United States Navy veteran. More about Michael Forsythe

Julian E. Barnes is a national security reporter based in Washington, covering the intelligence agencies. Before joining The Times in 2018, he wrote about security matters for The Wall Street Journal. More about Julian E. Barnes

Our Coverage of the War in Ukraine

News and Analysis

A day after securing a new term in a rubber-stamp presidential election, President Vladimir Putin of Russia said he would not back down in Russia’s war against Ukraine .

With additional American aid still in doubt, Lloyd Austin, the U.S. defense secretary, called for “creative, adaptable and sustainable ways” to continue arming Ukraine  and praised European allies who were trying to bolster Kyiv’s military.

Ukraine fired a volley of exploding drones  at Moscow and other targets on the final day of Russia’s presidential vote, the local authorities said, continuing a flurry of attacks timed for the election .

Symbolism or Strategy?: Ukrainians say that defending places with little strategic value is worth the cost in casualties and weapons , because the attacking Russians pay an even higher price. American officials aren’t so sure.

Elaborate Tales: As the Ukraine war grinds on, the Kremlin has created increasingly complex fabrications online  to discredit Ukraine’s leader, Volodymyr Zelensky, and undermine the country’s support in the West.

Targeting Russia’s Oil Industry: With its army short of ammunition and troops to break the deadlock on the battlefield, Kyiv has increasingly taken the fight beyond the Ukrainian border, attacking oil infrastructure deep in Russian territory .

How We Verify Our Reporting

Our team of visual journalists analyzes satellite images, photographs , videos and radio transmissions  to independently confirm troop movements and other details.

We monitor and authenticate reports on social media, corroborating these with eyewitness accounts and interviews. Read more about our reporting efforts .

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Meet the oligarchs: the Russian billionaires whose jets, yachts and mansions are now in the crosshairs

Some of Russia’s super rich are finding their assets in the west under threat of sanctions from the US

For a growing number of Russia’s richest and most powerful men, now would be a very bad time to take their private jets and superyachts to their mansions in the United States.

Yesterday, the White House announced it would expand the list of Russian oligarchs subject to full blocking sanctions – the highest level of restrictions – as it ramps up punishment against Russia for its invasion of Ukraine. Some of the newly named oligarchs overlapped with a list of Russian elites on whom the European Union imposed sanctions earlier this week, although there were some notable differences.

The federal government won’t just stop at freezing these targets’ assets, but will seize them, Joe Biden announced in his State of the Union address on Tuesday.

In charge of appropriating these assets will be KleptoCapture , a newly announced justice department taskforce, with support from the treasury department, FBI, IRS and other federal agencies. Under US law, the justice department may use civil forfeiture to confiscate the proceeds from foreign crimes, including corruption, when they are found in the United States.

Their efforts will complement those of a transatlantic taskforce announced over the weekend between the United States, France, Germany, Italy, the United Kingdom, Canada and the European Commission.

“We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets. We are coming for your ill-begotten gains,” Biden said.

The Feds may have their work cut out. US regulations are lax when it comes to requiring disclosures of real estate transactions by foreign individuals, making the country a prime destination for Russian’s uber-rich looking to snap up prime properties without scrutiny.

Other favorite toys of oligarchs like planes and boats are commonly registered through shell companies. And many of those luxury craft have begun traveling toward extradition-free territories such as the Maldives, according to Bloomberg News .

Here’s an introduction to the Russian oligarchs now joining the US sanctions list – as well as a few others who haven’t been targeted yet, but have notable US ties.

Alisher Usmanov

Russians know Alisher Usmanov as one of Vladimir Putin’s “favorite” oligarchs. The country’s richest man until 2015, Usmanov owns a majority stake in Russia’s second-largest phone network, MegFon, and a large stake in the iron and steel giant Metalloinvest.

But few Americans know that Usmanov also helped give us Facebook. The billionaire began investing in the social network in 2009, when Zuckerberg’s firm was having trouble accessing funding in the wake of the financial crisis. Usmanov ultimately poured over $900m into the firm, owning as much as 10% of the company before selling his stake in 2014 and netting himself billions. He was also a major investor in Apple, Twitter, LinkedIn, Groupon and Zynga.

Usmanov was subjected to sanctions by the EU on Monday, and on Wednesday German authorities seized his $600m megayacht , the Dilbar – which boasts the world’s largest yacht-based indoor swimming pool. On 3 March he was among those added to the sanctions list by the US. The oligarch still has a $200m private Airbus A340.

The Rotenbergs

Long before brothers Arkady and Boris Rotenberg became two of Russia’s wealthiest tycoons, they were teenage Vladimir Putin’s judo training buddies, a role they continued into adulthood. Clearly they were good at it, because after Putin became president he rewarded the brothers with the control of large state-owned enterprises and lucrative contracts, netting them a massive fortune.

The Rotenbergs have since built a huge family empire of international investments under a web of shell companies, which has made Arkady’s son Igor a billionaire in his own right. Despite Arkady and Boris getting US sanctions after Russia’s 2014 invasion of Crimea, the brothers “continued actively participating in the US art market by purchasing over $18 million in art in the months following the imposition of sanctions”, according to a US Senate report . Rotenberg-linked shell companies continued making transactions in the US financial system worth over $91m long after the sanctions, according to the report.

In addition to Arkady and Boris, Igor and five additional family members were added to the US sanctions list this week.

Igor Shuvalov

Russia’s deputy prime minister from 2008 to 2018, Igor Shuvalov is now the chairman of VEB, the Russian development bank that finances major infrastructure projects, including the Sochi Olympics. He has claimed to be one of Russia’s cleanest officials, telling media he transferred all his wealth to Russia in 2013, and only kept it offshore before that to avoid spoiling his kids . But an investigation by the anti-corruption activist Alexei Navalny found that Shuvalov, through a shell company, bought two London luxury apartments in 2014 for $11.4m and has used a secret private jet to fly his wife’s corgis around the world because, as one of his staffers explained, “it’s not that comfortable in business class”.

He won’t be able to fly his corgis as many places now that he’s on the US and EU’s sanctions lists.

Yevgeniy Prigozhin

Legend has it Yevgeniy Prigozhin began his rise to power selling hot dogs , shortly after getting released from prison for robbery. The wiener venture was apparently a smash hit, and within years he had opened high-end restaurants that counted Russia’s leader among their clientele, earning him the nickname of “Putin’s chef” and catapulting him into the inner circles of Russia’s elite.

Americans might be more familiar with another one of Prigozhin’s businesses: the Internet Research Agency, which employed a troll army that began by supporting Russia’s 2014 invasion of Crimea, before turning its efforts to influencing the 2016 US presidential election in favor of Donald Trump. Prigozhin and the Internet Research Agency were indicted by a US grand jury in 2018 for interfering with the election, and he was added to an FBI wanted list in 2021.

He’s now on both the US and EU sanctions lists for running disinformation campaigns to support Russia’s invasion of Ukraine.

Sergey Chemezov

A former KGB officer who befriended Vladimir Putin in the 1980s while living in the same apartment building, Sergey Chemezov rose through Russia’s public and private sector in Putin’s wake, and in 2007 was appointed as CEO of Russia’s state-owned defense giant Rostec, a position he still holds today. Chemezov was sanctioned by the US in 2014 amid Rostec’s role as a supplier for Russia’s invasion of Crimea, and Washington is targeting him again, now with his family members.

According to investigative reports and allegations from the jailed activist Alexei Navalny, Chemezov’s relatives have used shell companies to accumulate eye-watering assets , including superyachts and luxury villas around the world. But Chemezov says he’s clean, telling Russian media in 2019: “I do not accumulate wealth. I don’t stuff money in the corners. I don’t have yachts or airplanes.”

Nikolai Tokarev

Another former KGB officer who served alongside Putin and Chemezov, Nikolai Tokarev took over former Soviet state assets as Putin built his political power, and in 2007 became the head of the state-controlled oil giant Transneft. The oligarch has used his position at Transneft to build a business and real estate empire, which reportedly includes sponsoring an extremely fancy palace that’s said to be personally used by Putin. Tokarev was hit by US and EU sanctions this week.

Vladimir Potanin

Reportedly the second richest man in Russia, the banker, metals mining tycoon and former deputy prime minister Vladimir Potanin was among a small circle of oligarchs who met with Putin last week as the invasion of Ukraine began.

Potanin has played a big role in American arts: he has been a board member of New York’s Guggenheim Museum for two decades, until he stepped down on Wednesday. He has also given millions to the Kennedy Center in Washington, which carved his name into a wall. He is also known to have owned property in New York City , which came to light during a divorce fight that could cost him $7bn.

Potanin isn’t currently under US sanctions, which is good news for his three megayachts and two private jets (that we know about).

Leonid Mikhelson

Russia’s richest man in 2016, Leonid Mikhelson is the founder and chairman of natural gas producer Novatek, a close friend of Putin’s, and a business partner of Gennady Timchenko, a billionaire who has been under US sanctions since 2014.

Mikhelson loves art: along with his $200m art collection, he was on the board of trustees at New York’s New Museum from 2013 to 2017, and has sponsored exhibitions at the Art Institute of Chicago and London’s Tate Modern. His ostentatious superyacht, the Pacific, can reportedly accommodate two helicopters.

But his other assets may be harder to trace. In 2017, the Panama Papers revealed that Mikhelson had used an intricate system of shell companies to secretly register a $65m Gulfstream private jet in the United States, which in most cases requires US citizenship or permanent residency.

The tycoon is not currently subject to sanctions, though his company Novatek is.

Petr Aven is the head of Alfa Group, a commercial bank subject to US sanctions that helped him amass an estimated $5.5bn fortune. A well-known collector of classical Russian paintings, Aven has lent works from his collection – reportedly worth $200m – to New York’s Museum of Modern Art and the Neue Galerie. Aven reportedly has never bought a plane or yacht, and told the FT “all my money goes in to art.” That is, of course, if you don’t count the millions he spent transforming an 8.5-acre plot in England into a “KGB-proof” mansion , complete with a bomb-proof panic room.

Last year, Aven filed a libel lawsuit against HarperCollins for a book it published about Vladimir Putin’s rise, Putin’s People.

Aven was sanctioned on Monday by the EU, which described him as “one of Vladimir Putin’s closest oligarchs” and one of “approximately 50 wealthy Russian businessmen who regularly meet with Vladimir Putin in the Kremlin”. He has not yet been placed under sanctions by the US or UK.

Mikhail Fridman

Petr Aven’s business partner, Mikhail Fridman, is Alfa Group’s founder and a Ukrainian-born Russian oligarch. Fridman has made substantial investments in the United States, which include spending a reported $1bn in 2011 to buy up distressed properties across the east coast, telling the Wall Street Journal at the time, “The American market is the most well-regulated and liquid market in the world. It has the best protection for investor rights.”

Through Fridman’s investment group, LetterOne, the billionaire also sank $200m into Uber , and $50m into the telecom startup FreedomPop. Fridman also caused a stir in 2018 when he spoke alongside Aven at a closed-door dinner hosted by the Atlantic Council, a major US foreign policy thinktank, in what critics saw as an unofficial Kremlin mission to protest against US sanctions.

Last week, Fridman became one of the first oligarchs to speak out against the invasion of Ukraine, calling it a “tragedy” and writing that “war can never be the answer.” Nonetheless, Fridman was subjected to sanctions on Monday by the EU, which named him as “a top Russian financier and enabler of Putin’s inner circle”. Like Aven, he has not yet been placed under sanctions by the US or UK.

The oligarch has a son, Alexander, who is reportedly attending NYU’s Stern business school, after a stint in Moscow selling hookah .

Alexei Mordashov

Currently Russia’s richest man, Alexei Mordashov owns a third of Tui, Europe’s biggest tourism firm, and gained his billions as the chief executive of Russia’s largest steel and mining firm, Severstal. He is also a large shareholder of the Bank of Rossiya, which has opened up branches across Russia-occupied Ukrainian territory in recent years.

Over the last two decades, the billionaire has also poured money into the United States, investing heavily through Severstal in steel companies in the midwest before selling them for $2.3bn in 2014.

Mordashov has been hit with sanctions by the EU, but the US hasn’t taken action yet. They would be interested in his Bombardier Global 6000 private jet and multiple superyachts, including the $500m Nord, which Senator Bernie Sanders noted on Tuesday had been “sailing in the Seychelles region for more than 10 days” in a Twitter thread about Russian offshore wealth.

Roman Abramovich

Roman Abramovich, the longtime owner of Chelsea FC, has been described by a member of the UK parliament as a “ key enabler ” of Putin’s regime, which Abramovich has long denied. An orphan raised by his grandparents in Siberia, Abramovich pulled himself up by his bootstraps the old-fashioned way: wriggling into the inner circles of government and then profiting hugely by selling previously state-owned assets that he acquired after the fall of the Soviet Union.

The billionaire owns one of the world’s most outlandish yachts, complete with an onboard submarine and three helicopters. He has also owned a number of ultra-expensive properties in the United States, including a trio of buildings in New York City’s Upper East Side worth more than $90m combined, which he transferred to his third wife, Darya Zhukova, in 2018.

Abramovich is not currently under western sanctions. Earlier, the British prime minister, Boris Johnson, told the House of Commons that Abramovich was “already facing sanctions” though later said he “misspoke”.

This article was amended on 7 March 2022 to clarify that Leonid Mikhelson was on the New Museum’s board from from 2013 to 2017

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