Handed Over: Sanctioned Oligarch’s $200 Million Superyacht Will Be Auctioned to Benefit Ukraine

The 300-foot-long boat, named Royal Romance, was built in 2005 by Dutch superyacht contractor Feadship.

A $200 million superyacht belonging to a sanctioned Ukrainian oligarch will be sold at auction to benefit Ukraine. The vessel’s owner, politician Viktor Medvedchuk, was arrested in his country in April. By September, the 68-year-old was handed over to Russia during a prisoner exchange. He is known as the “dark prince” of Ukrainian politics.  

Medvedchuk has close ties to Russian president Vladimir Putin. (Putin is godfather to his daughter Daria).

READ ALSO: Greener Future: Australian Mining Billionaire Andrew Forrest’s Fund To Rebuild Ukraine Is Expected To Reach $100 Billion

The 300-foot-long boat, named Royal Romance, was built in 2005 by Dutch superyacht contractor Feadship. It includes a 4-meter vast swimming pool and can accommodate 14 guests plus 21 crew members. 

The $200 superyacht includes a 4-meter vast swimming pool and can accommodate 14 guests plus 21 crew members. 

In March, the Royal Romance was seized in Croatia by the country’s authorities on behalf of the US justice department and the FBI. It was then given to Ukraine’s Asset Recovery and Management Agency (ARMA) after a Croatian court ruling.

Images from Wikimedia Commons.

Shop for LIFESTYLE ASIA’S magazines through these platforms.
Download LIFESTYLE ASIA’s digital magazines from:
Subscribe via [email protected]