Friday, December 9, 2022

Andrey Melnichenko: Oligarch’s £543m Superyacht Seized In Italy

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A Russian-owned superyacht valued at more than £540m has been seized by Italian police in the port of Trieste as part of a global crackdown on wealthy oligarchs.

The Sy A yacht is owned by billionaire Andrey Melnichenko, 50, who made a fortune in fertiliser production and coal energy.

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It was seized on Friday evening.

Designed by Philippe Starck and built by Nobiskrug in Germany, the vessel is the world’s biggest sailing yacht at 143m.

Read Also: G7 Countries Revokes Russia’s Most-favoured Nation Status Ending Normal Trade Relations With Putin Over Ukraine Invasion
Images show police cars approaching the triple-masted yacht and officers boarding it.

Photo Credit: Getty

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