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Russian Billionaire’s Mammoth Italian Superyacht With Six Pools Is Somehow Invisible

It’s only been a couple of months since the first sanctions against Russian oligarchs were officially announced, but time has shown that it’s not as easy to seize their assets as it seemed. When it comes to their superyachts, which also happen to be some of the most spectacular ones in the world, some can’t be seized because the legal ownership is difficult to determine, while others simply haven’t been located, like Ocean Victory.
Ocean Victory was the largest yacht ever built in Italy at the time of its delivery 10 photos
Photo: Fincantieri
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Viktor Rashnikov is one of the few Russian oligarchs whose companies released an official statement when the international sanctions were first announced. It stated that in his case, these measures were “unfair.” In the meantime, some of his assets were allegedly transferred, in order to be protected, while his superyacht left the Maldives, where it was located in March, and is currently unaccounted for.

As we’ve talked about before, all vessels have an obligation to transmit their location at all times through an AIS system. But some of these pleasure crafts on the run have turned it off so that officially nobody knows where they are or where they are headed.

Rashnikov is one of Russia’s numerous steel tycoons, but what makes him stand out is that he started out as a simple employee at the steel company that he would eventually buy. Those stocks made him a fortune, now estimated at over $9 billion. His yacht is truly fit for a billionaire. At almost 460 feet (140 meters), Ocean Victory is one of the world’s mammoth yachts, and at that time (2014), it was the largest one ever built in Italy.

Ocean Victory is pure sophistication – it was delivered by a prestigious Italian shipyard, Fincantieri, with an exterior by Espen Oeino and interiors by Alberto Pinto, two iconic names in the industry. It was never fully unveiled to the public, so it’s only known that it boasts no less than six swimming pools, an underwater observation room, and a state-of-the-art spa spreading over 300 square meters (3,229 square feet). It also has a helideck and a dedicated hangar, while guests can be accommodated in a total of 14 cabins.

You’d think that a floating palace such as this one is spotted immediately, yet Ocean Victory is one of the few targeted superyachts that are still out there, with unknown whereabouts.
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About the author: Otilia Drăgan
Otilia Drăgan profile photo

Otilia believes that if it’s eco, green, or groundbreaking, people should know about it (especially if it's got wheels or wings). Working in online media for over five years, she's gained a deeper perspective on how people everywhere can inspire each other.
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