Russian oligarchs flee on superyachts to the Indian Ocean after Biden warning

Page Six

Panicked Russian oligarchs are fleeing with their superyachts to the Maldives and Seychelles as President Joe Biden warned, “We are coming for your ill-begotten gains.”

President Biden fired a warning shot at the Russian oligarchs — the richest rulers of the nation — during his State of the Union address, saying, “We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets.”

A growing number of superyachts belonging to Russian tycoons have made their way to the Indian Ocean, cruising around the Maldives and Seychelles, according to Bloomberg News.

The four biggest yachts in the Maldives right now are Russian-owned. The largest, the 459-foot Ocean Victory, belongs to steel magnate Victor Rashnikov, according to

On Wednesday, authorities in Germany seized Russian oligarch Alisher Usmanov’s 500-foot megayacht, the Dilbar, as part of the package of sanctions against the Kremlin and its supporters, Forbes magazine reported.

You might like:

Stories You May Like