Monaco Times

Sustainability, Heritage, Exclusivity.
Thursday, Aug 14, 2025

United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine

The U.S. government is auctioning the 106-meter Amadea superyacht, linked to sanctioned Russian oligarch Suleiman Kerimov, with proceeds potentially aiding Ukraine under a 2024 assistance law.
The United States government is holding a public auction for the luxury yacht Amadea, valued at approximately three hundred and twenty-five million dollars — marking the first sale of a Russian yacht seized since the start of the invasion of Ukraine.

The auction will conclude on 10 September 2025.

The Amadea, measuring about one hundred and six meters in length, was built in 2017 by the German company Lürssen, with interior design by François Zuretti.

It features eight guest cabins, a beauty salon, a spa, a gym, a helicopter, a swimming pool, and elevators.

The yacht accommodates up to sixteen guests and thirty-six crew members.

U.S. authorities allege that the true owner is Russian oligarch Suleiman Kerimov, who has been under sanctions since 2018.

However, Eduard Khudainatov, a former executive of Rosneft who is not under sanctions, claims to be the legitimate owner.

Prosecutors contend that Khudainatov is merely a “straw owner” acting as a front.

Khudainatov has appealed the ruling authorizing the yacht’s forfeiture, arguing that the sale under current circumstances is “inappropriate and premature” and could result in multiple legal claims.

Prospective buyers are required to place a deposit of ten million euros (approximately eleven point six million dollars) to participate in the bidding.

Funds from the sale may be used to support Ukraine, in accordance with an assistance law signed in May 2024.
Newsletter

Related Articles

0:00
0:00
Close
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Denmark Revives EU ‘Chat Control’ Proposal for Encrypted Message Scanning
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Private Welsh island with 19th-century fort listed for sale at over £3 million
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Denmark Pushes for Child Sexual Abuse Scanning Bill in EU, Could Be Adopted by October 2025
French Senate Report Alleges State Cover‑Up in Perrier ‘Natural Mineral Water’ Scandal
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
Switzerland Celebrates 734 Years of Independence Amid Global Changes
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Christian Horner Departs Red Bull Amid Internal Turmoil
AI Raises Alarms Over Long-Term Job Security
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
King Charles Plans Significant Role for Prince Harry in Coronation
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Jeff Bezos and Lauren Sánchez Host Lavish Wedding in Venice Amid Protests
NATO Members Agree to 5% Defense Spending Target by 2035
MonacoTech Selects Six Startups for Expert Review
The Evolving Landscape of the Art Market: Insights from Experts
Diverse Workforce in Monaco: 145 Nationalities Represented Among Private Sector Employees
AS Monaco Loans Left Back Valy Konaté to Cercle Bruges for 2025-2026 Season
French Nurses Participate in National Congress on Psychogeriatrics
Oman Set to Introduce Personal Income Tax, First in Gulf
US strikes Iran nuclear sites, Trump says
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
EU Proposes Ban on New Russian Gas Contracts
Trump Reports $57 Million Earnings from Crypto Venture
64th Monte-Carlo Television Festival Opens with Global Talent and Premieres
HSBC Accelerates Chairman Succession as Mark Tucker Prepares Departure
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
×