Azerbaijani billionaire puts his yacht up for sale

11:12 - 10.05.2023


May 10, Fineko/abc.az. The sanctions imposed against Russia not only weaken the country, but also affect the financial situation of entrepreneurs. The situation has reached the point that sanctions have forced Russian oligarchs to sell their expensive yachts.

ABC.AZ reports with reference to the Russian media that major yacht brokers such as Fraser, Moran, Burgess and Arcon yachts, owned by Russian billionaires, have put dozens of yachts up for sale.

Among those put up for sale is the 70-m yacht Galactica Supernova, owned by an Azerbaijani billionaire, the former head of Lukoil Vagit Alekperov. This yacht is estimated at €75 million.

By Elmir Murad