U.S. Seeks to Sell Seized Russian Oligarch's Yacht Amid Soaring Maintenance Costs

The government's efforts to alleviate the nearly $1 million monthly expense of maintaining the megayacht Amadea face legal challenges from another Russian billionaire claiming ownership.

• The U.S. government is spending nearly $1 million a month to maintain the seized megayacht Amadea, owned by sanctioned Russian oligarch Suleiman Kerimov.
• The yacht, seized in Fiji in 2022 and now docked in San Diego, has cost the government about $20 million so far.
• Federal prosecutors are seeking permission to sell the yacht, valued at $230 million, to alleviate the financial burden on taxpayers.
• Another Russian billionaire, Eduard Khudainatov, claims ownership of the yacht and opposes the sale, offering to reimburse the government for maintenance costs if returned.
• The legal and financial challenges of seizing and selling assets of Russian oligarchs highlight the complexities of international sanctions enforcement.

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