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Italy won't say who's paying for the care of a $700 million superyacht tied to Putin

Dustin Jones

putin's yacht size

The Scheherazade, a 460-foot superyacht, has been held in Italy since May 2022 in response to Russia's invasion of Ukraine. It is believed to have ties to Russian President Vladimir Putin. Laura Lezza/Getty Images hide caption

The Scheherazade, a 460-foot superyacht, has been held in Italy since May 2022 in response to Russia's invasion of Ukraine. It is believed to have ties to Russian President Vladimir Putin.

The Scheherazade superyacht was impounded by the Italian government in May 2022 in response to Russian President Vladimir Putin's invasion of Ukraine. Instead of falling into disrepair, Italy has allowed its owner to maintain and refit the vessel, but it won't disclose who is footing the bill.

The Financial Times reported on Sunday that the vessel has been held at port in Marina di Carrara, located almost 90 miles northwest of Florence, since it was impounded by authorities in the spring of 2022. For over a year, the Italian government has permitted the owner to continue paying for the ship's staff, its maintenance and refitting of the vessel. But Italy won't identify the owner.

Italy's Finance Ministry said in a May 2022 news release that the superyacht had "significant economic and business links" with "prominent elements of the Russian government" but didn't name the owner of the ship.

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According to the website SuperYachtFan , the 460-foot superyacht belongs to Russian billionaire Eduard Khudainatov. However, Bloomberg News reported in 2022 that he is a "straw owner" of the superyacht — as well as another ship — and that the Scheherazade actually belongs to Putin.

The Financial Times reported that the Scheherazade has 22 cabins, two helicopter decks and a spa and that it's being refitted by the Italian Sea Group. NPR reached out to the Italian Sea Group for comment but did not hear back before publication.

The United States created Task Force KleptoCapture in the wake of Putin's war against Ukraine, aiming to hold Russian oligarchs accountable for evading sanctions. In its one year of operation, the task force has brought charges to at least 35 individuals and entities, NPR previously reported.

Part of those efforts included seizing luxury items belonging to billionaires with ties to the Kremlin. This includes items like a 348-foot yacht seized in Fiji in May 2022, which is valued at about $300 million and is now sitting in San Diego.

How can a $700 million superyacht sitting in an Italian port ‘belong to no one’? Russian sleuths say it’s Putin’s

In the legend of Tales From the Thousand and One Nights , Scheherazade is a beautiful virgin who escapes being murdered by the king by telling him stories at night.

Scheherazade is also President Vladimir Putin’s $700 million superyacht, according to Russian investigative journalists—and its ability to survive being seized by Western governments will require far more cunning than storytelling.

The yacht, currently moored in the Marina di Carrara on Italy’s Tuscany coast, is gargantuan, even by the outsize dimensions of Russian oligarchs’ superyachts. At about 459 feet long , it has six levels of decks, two helipads with a hidden helicopter hangar, a spa, huge living room and dining room, a swimming pool and three saunas, as well as an upper-level “owner’s area” that includes its own private spa.

“Belongs to no one”

For weeks, there have been questions about who owns the superyacht, which is registered in the Cayman Islands through a shell company. But on Monday, the group headed by jailed Russian activist Alexis Navalny claimed in a YouTube video that the vessel belongs to Putin himself.

“On paper, it belongs to no one, and sits quietly in an Italian port,” the video says in Russian. “Watch the video, and you will find out how Putin owns this yacht through figureheads, and how we can take this yacht away from him.”

The group obtained the all-Russian crew list for the yacht, and found that almost all of them were employed by Putin’s security detail, the Federal Protective Service, known by its Russian acronym FSO.

Earlier this month, the Scheherazade’ s British captain, Guy Bennett-Pearce, told the New York Times he was under “a watertight nondisclosure agreement” about who the superyacht’s true owners were, but claimed he had never seen Putin on board.

But Navalny’s group says the crew’s employment status suggests that the Russian leader owns the vessel. If that hunch is correct, it would be subject to immediate seizure under U.S., U.K., and European Union sanctions.

Superyachts have been one of the most visible signs of Russian oligarchs’ mammoth wealth—and, recently, one of the most often seized. French police seized a $120 million vessel allegedly owned by Igor Sechin, head of the Russian oil giant Rosneft, on the Mediterranean coast earlier this month . Spanish officials impounded  two more yachts, including the Crescent , a 443-foot superyacht also thought to belong to Sechin.

Another boat, owned by former KGB agent Vladimir Strzhalkovsky, was stranded in Norway when no one would sell it fuel. And on Monday, the 460-foot superyacht Solaris , owned by the sanctioned billionaire oligarch Roman Abramovich, was spotted parked in the harbor of Bodrum, Turkey; that country has not implemented sanctions.

Putin’s $200 billion

Western governments face a daunting task in tracking down Putin’s true wealth, which could amount to some $200 billion, according to financier Bill Browder, who told the U.S. Senate Judiciary Committee in 2017 that Putin’s inner circle of oligarchs split their billions 50-50 with the Russian president. The assets include a $1.3 billion mansion on the Black Sea, funded through a Russian health project in which Putin allies were vastly overpaid for medical supplies.

The Scheherazade , in fact, might not be Putin’s only superyacht. Last month, the vessel Graceful made a hurried departure from its berth in Hamburg as the EU was drafting tough new sanctions just days before Putin sent Russian tanks into Ukraine. Believed to be linked to Putin, that superyacht is thought to be worth $100 million .  

But untangling ownership details, and pinpointing them to Putin, will be immensely complicated.

In that, Navalny’s team has joined forces with the Organized Crime and Corruption Reporting Project, or OCCRP, a Sarajevo-based group of investigative journalists, to create a database of oligarch wealth. It publishes its “ Russian Asset Tracker” in Russian , English, and Spanish.

The journalists say they are focusing on “a new generation of wealthy men obedient to Putin”—many of whom are now under Western sanctions and whose funds Western governments believe are crucial to funding the Ukraine war. The database lists mansions, superyachts, private planes, and other property, so far totaling about $17.5 billion. The group is sure that will grow, and invites people to send details of “anything we’ve missed.”

“Figuring out who owns what, and how much of it, is a tall order even for experienced police investigators,” the journalists say. “We decided to follow the trail.”

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Inside putin’s $700m yacht, complete with gold toilet paper holder.

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This yacht makes a Bond villain’s boat look like a dinghy.

Vladimir Putin, whose forces continue to attack Ukraine , spared no expense on his alleged $700 million superyacht, which comes complete with its own dance floor — and even golden toilet paper holders. Rumors that the boat belonged to him have been swirling since its construction; however, anti-Kremlin activists recently claimed that it is indeed Putin’s .

“It’s like a mini city,” an unnamed worker reportedly involved in its construction told the Sun of the 495-foot luxury vessel, which is moored in Marina di Carrara in Italy. “There are countless swimming pools, a spa, a sauna, a theatre, ballrooms, a gym, two helipads.” 

Known as Scheherazade — after the iconic Persian queen from literature — the opulent watercraft was reportedly estimated at £500 million ($6.6 million), although insider sources price it closer to £750 million ($990 million).

"It's like a mini city," an unnamed worker involved in the yacht's construction told the Sun.

And it appears that Putin put his money where his boat is: Photos obtained by the Sun show the veritable maritime mansion and its six floors of swanky amenities. They include a 16-foot aquarium, multiple televisions — including a 15-foot beast spanning an entire wall — and a self-leveling pool table so that guests can play even when the sea turns turbulent.

There are also bathrooms outfitted with King Midas-evoking gold taps and toilet paper holders, plus a tile dance floor that converts into a pool. Scheherazade is thought to be one of only two ships in the world with that feature, the Sun reported; the other is Putin’s second yacht, Graceful.

Along with standard bling, the Russian president decked out the superyacht with personal touches, including a judo room with framed pictures of black belts, plus various books showcasing the autocrat’s worship of wealth.

“Every surface is either marble or gold,” an unnamed boatbuilder told the Sun of the glitzy vessel, which the worker finds especially obscene in light of current events.

“It is hard to swallow the fact that the most incredible ship in the world is owned by a man intent on bombing civilians in Ukraine,” he continued. “And it is an unimaginable amount of wealth when the average Russian’s salary is £5,000 a year, and people there are struggling to eat.”

The centerpiece is a tile dance floor that converts into a pool. Scheherazade is thought to be one of only two ships with the feature — the other also owned by Putin.

The ritzy ship isn’t just built for pleasure cruises. Much like the baddie’s superyacht in the movie “Thunderball,” Scheherazade can supposedly transform from a party boat to a battleship in a flash with a state-of-the-art security system reportedly capable of shooting down drones.

If that wasn’t ostentatious enough, the superyacht-cum-aircraft-carrier also contains two helipads and a hangar than can house a helicopter, six Jet Skis, five dinghies and eight Seabob underwater scooters.

Scheherazade was built over two years ago. However, the vessel’s alleged ties to Putin came to light recently after activists affiliated with jailed Kremlin critic Alexei Navalny claimed that some of the crewmembers worked for the Federal Security Service, which handles the Russian leader’s security.

“To sum up, a dozen of Vladimir Putin’s personal guards and servants are constantly maintaining one of the world’s largest yachts docked in an Italian port,” investigative journalist and Navalny ally Maria Pevchikh wrote on Twitter Monday.

Putin Yacht - It's the Scheherszade (an Arabic princess in legend). It's currently docked in MARINA DI CARRARA in Italy and it's registered in the Cayman Islands. It's the 14th biggest yacht in the world. There are lots of external pics online and details, but nothing about it's "mystery billionaire owner". It reportedly cost $700mil to build. , , It has an entirely Russian crew (pics of names attached from tipster) which is very unusual for a super yacht. https://www.superyachttimes.com/yachts/scheherazade, We know about Putin's other yacht, Graceful, which was recently moved from Germany to Russia when it all started to kick off. The tipster has said that the new yacht, finished in 2020, also has a dancefloor which moves down into a swimming pool. He believes the two yachts are the only two in the world to have that feature. He's also sent over judo pics which are on the wall of the gym. , , From the tipster - "The vessel is owned by a company called Bielor Asset. But previously under a different named company named Diams Overseas Limited. I have also attached a photo of some names of the Russian crew. I have also shown the NDA by imperial yachts. "

Meanwhile, during a Tuesday address to the Italian parliament, Ukraine President Volodymyr Zelensky implored Italy to confiscate the assets of Putin and his supporters, who he claimed frequently traveled to Italy, the Guardian reported .

“Don’t be a resort for murderers,” he said, urging Italian authorities to seize every yacht “from the Scheherazade to the smallest ones.”

The ship is currently being investigated by authorities for potential ties to sanctioned Russians.

See the full set of image at The Sun

Despite the accusations, the Scheherazade’s British captain, Guy Bennett-Pearce, has denied that Putin has ever owned or even set foot on the vessel.

“I have never seen him. I have never met him,”  he told the New York Times , adding that the vessel’s owner was not on any sanctions list.

Earlier in March, Italian officials seized several superyachts owned by Russian oligarchs, including Alexey Mordashov’s 213-foot vessel , Gennady Timchenko’s 132-foot watercraft and Audrey Melnichenko’s $578 million, 469-foot superyacht.

The seizures are among the latest efforts to hit Putin and those close to him over Russia’s brutal assault against Ukraine, which began on Feb. 24. 

The yacht boasts two helipads.

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"It's like a mini city," an unnamed worker involved in the yacht's construction told the Sun.

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Satellite image shows super yacht linked to Putin out of reach of sanctions

By Catherine Herridge, Michael Kaplan, Andrew Bast, Jessica Kegu

March 3, 2022 / 7:30 AM EST / CBS News

As Europe and the U.S. bear down with a raft of aggressive sanctions targeting Russian President Vladimir Putin, the super yacht he is believed to own has found safe harbor in a highly militarized port in Russian territorial waters. In new satellite imagery obtained by CBS News, the yacht can be seen docked in a port in Kaliningrad, near Russia's nuclear weapons operations. 

Experts say Putin's luxury vessel has become a symbol not only of his vast hidden wealth, but also of how challenging that money has been to find. 

"He's a KGB agent, so he's crafty. He knows how to hide when he needs to," said John Smith, former director of the Treasury Department's Office of Foreign Assets Control, which administers and enforces all foreign sanctions.

Putin's purported yacht "Graceful" docked in Kaliningrad, Russia

Data from MarineTraffic, a global intelligence group, shows Putin's alleged yacht, the Graceful, left Germany two weeks before the invasion of Ukraine . 

Putin's government salary is said to be about $140,000, but that doesn't begin to explain the mansions, million-dollar watch collection and over-the-top yacht. 

"It would be fair to say he's among the richest men in the world," Smith said. 

Though he sells himself as a man of the people, his wealth is estimated to be more than $100 billion. 

Putin's critics allege he also has a cliffside palace that includes an amphitheater and a personal tunnel to the beach that doubles as a security bunker. 

Palace in Gelendzhik, Russia

"Of course, he doesn't acknowledge it as being his own," Smith said. "It doesn't fit with the public persona that he's trying to create to actually acknowledge it." 

Putin relies on his oligarch friends to shield his fortune from sanctions, Smith said. 

"So if he asked them to do something, they do it in terms of hiding assets, squirreling them in different parts of the globe, they will do what he needs," he said. 

Those who have tried to expose Putin's fortune have done so at great personal risk. 

Putin critic Boris Nemtsov was assassinated on a bridge in the shadow of the Kremlin in 2015. Sergei Magnitsky died in 2009 under questionable circumstances in prison after he exposed $230 million in fraud by Putin's friends. Putin publicly condemned Nemtsov's murder and claimed Magnitsky died of a heart attack.  

His most recent No. 1 critic, Alexei Navalny , who helped expose Putin's lavish palace, emerged as a political rival and found himself repeatedly jailed. He nearly died after being poisoned two years ago, though Putin has denied responsibility for the poisoning. 

"Putin's wealth is one of the most dangerous topics," said Russian journalist Roman Badanin, who spent two decades investigating Putin's financial web. 

Badanin said Russian authorities sought to intimidate and silence his reporting team. Six months ago, he reached his breaking point. 

"I fled the country. My apartment was searched twice. I have like three criminal charges against me back in Russia," he said. 

In his State of the Union address, President Biden said the U.S. and its allies are waging economic war on Putin and Russian oligarchs. 

"We are joining with our European allies to find and seize your yachts, your luxury apartments and your private jets," Biden said. 

On Wednesday, the Justice Department announced the formation of a new task force that would target Russian oligarchs. 

"Russia is not a transparent economy," Smith said. "The U.S. and our allies have decent information on some of [Putin's] assets, I think a lot will remain a mystery for a long time in the future." 

The biggest financial hit for Putin would be sanctions on the energy sector, which Smith says the Russian president has used to build up his wealth for years. So far, Washington and the Europeans have been hesitant to do that. 

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Catherine Herridge

Catherine Herridge is a senior investigative correspondent for CBS News covering national security and intelligence based in Washington, D.C.

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The Graceful on the Kiel canal near Rendsburg, north of Hamburg, Germany, 7 February 2022.

Documents show Putin’s order to move superyacht before Ukraine invasion

Russian president ordered urgent removal of Graceful from Hamburg shipyard, investigation claims

Vladimir Putin moved his $100m (£75m) superyacht from a German shipyard to Russia just weeks before he ordered the invasion of Ukraine, according to secret documents released in a new investigation.

A Russian anti-corruption organisation set up by the jailed opposition leader Alexei Navalny claims emails show that the Russian president ordered the urgent moving of the 82-metre superyacht, called Graceful, from a shipyard in Hamburg, where it was undergoing a $32m refit, by 1 February 2022.

Photos show the ship being towed out of Hamburg on 7 February en route to the Russian exclave of Kaliningrad, after the shipyard missed the 1 February deadline.

Just 15 days later – on 22 February – Putin ordered the full-blown invasion of Ukraine. After the invasion, the US, UK and EU imposed sanctions on Russian-owned assets overseas, and dozens of oligarch-owned superyachts were seized across the world.

The US government’s Office of Foreign Assets Control (OFAC) lists the Graceful as “blocked property in which President Vladimir Putin has an interest”.

The Graceful, also codenamed Kosatka, or Killer Whale, which features a 15-metre indoor swimming pool that can be converted into a dancefloor, is just one of several superyachts linked to Putin.

An email sent to Hamburg’s Blohm+Voss shipyard on 19 January 2022 said: “The owner wants the Graceful to be brought to the Russian Federation on February 1st … Please mobilise an uninterrupted crew – 2 shifts.” It continued: “Please accelerate all works which may interfere with Graceful sailing out on 01 February.”

The emails said the owner wanted to remove the boat to the Russian Federation to complete the works. “The owner is not happy with the retrofit. He is dissatisfied with the delays in the construction process,” the email from SCF Group, Russia’s largest shipping company, said. The work had been expected to take more than a year.

The emails are disclosed in a report by Russian investigative journalist Maria Pevchikh, who leads an anti-corruption foundation set up by Navalny.

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“Half of the country is forced to raise money for underwear and socks for mobilised soldiers, and to make trench candles, while the person who unleashed this war spends 3bn roubles just on repairs and purchases for his yacht,” her report states .

Putin’s largest superyacht, the $700m Scheherazade, has been impounded in the Italian port of Marina di Carrara, where it was undergoing repairs. He is also named by the US as the owner of a smaller superyacht called Olympia, valued at $22m.

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A Peek Inside Vladimir Putin's $125 Million Dollar Yacht Collection

The $125 million yacht collection of Russian president Vladimir Putin offers a glimpse into his lavish life.

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The graceful, the olympia, the seagull.

Vladimir Putin is the first person that comes to mind when thinking of Russia . He had served as the President of Russia for eight years from 1999 to 2008 before he was reelected in 2012 and has been the Commander-in-Chief ever since. The President is known to downplay his net worth, claiming that he only earns $100,000 as an annual income salary for his role as the President . His statements of modest salary are questioned when reports arise that Putin has a net worth of a whopping $40 billion. Given his expensive tastes and properties, it is not a surprise that the Russian President is one of the wealthiest politicians in the world.

Putin has several castle-like estates in Russia and travels in style in his limousines. His other interests include owning a fleet of superyachts that are breathtaking inside and out. Let’s take a look at Vladimir Putin’s $125 million yacht collection.

The first yacht on the list is The Graceful, which is as elegant as the name suggests. Splashed in the affluent shade of white, it is 72 meters wide and has 2,685 tons of volume. As mentioned by Super Yacht Fan , The Graceful was built by Blohm and Voss in 2014 and designed by H2 Yacht Design. The superyacht features six cabins for the guests, which 12 people can occupy, and seven cabin crews that can hold 14 members.

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The largest room is the Master Suite , followed by two VIP staterooms and three guest cabins. The yacht features a 50 by 10-foot pool, which can be converted into a dance floor with a flick of a button. The uncovered views of the yacht offer 360-degree views of the blue lagoons. The yacht costs an astonishing $100 million, and if that is not enough, it requires $5 to $10 million of annual costs for maintenance.

The most photographed and Putin’s favorite yacht, The Olympia, stands true to its name as it stretches 57 meters. Designed and built-in 2002, the yacht was put together at the Feadship shipyard. The speed of The Olympia is 16 knots with a range of 4,700 miles, as stated by It Boat . Putin is spotted cruising on the yacht with business leaders from around the world.

The Olympia costs $50 million and can accommodate up to 10 guests along with 16 crew members. The superyacht features a Presidential Cabin where Putin resides , which is located on a separate level. The size of his suite is one-third of the length of the yacht. It also features a jacuzzi and bar. The interior details of the yacht are kept a State secret which only adds to the mystery of The Olympia.

Built-in, a Turkish shipyard in 2009 by Proteksan Turquoise, The Seagull or Chayka in Russian is a 54 meters long superyacht under the purchase of the Russian Government. The yacht is built for long journeys of over 4,000 miles. The yacht can cruise to a speed of 14 knots with a range of 4,000 horses. The cost of The Seagull is expected to be over $34.85 million.

The luxurious explorer features spacious indoor and outdoor areas for guests to relax. It can accommodate 12 guests and 11 crew members at the same time. The Seagull has a large dining room, jacuzzi, gym, beach club, barbecue area, and a swimming pool. The Master Suite reserved for Putin has an ultra-luxurious bed, office, full bathroom, and a dressing room. The Seagull is also stocked with jet skis, fishing and diving equipment, and three inflatable boats for a quick mid-day sports activity.

The least known about and the smallest yacht on the list is The Petrel. Very little information is known about the yacht since the Russian President hasn’t been spotted using it as often as The Olympia and The Graceful. The Petrel is 35 meters long and has a maximum speed of 14 knots and a cruising speed of 10 knots, as noted by The Richest . The elegantly decorated cabins with private balconies can house 16 guests comfortably and 12 crew members.

For Putin to relax, there's also a sundeck with a jacuzzi installed for comfort . The main floor features a lounge featuring comfortable areas for everyone to sit and talk. While the exact price of the superyacht is still in question, the model similar to The Petrel costs $16.8 million. Being the least expensive on the list, it still costs more than a standard yacht owned by celebrities worldwide.

Vladimir Putin has different ways to travel in style, from his Presidential bulletproof car called The Beast to his incredible yacht collection. While the Russian President has only been spotted conducting business negotiations on his superyachts, they are the best solution for him to soak the sun and take some time off from work.

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Sources: Super Yacht Fan , It Boat , The Richest

Luxurylaunches -

Take a look at Vladimir Putin’s 270 feet long ultra-luxury yacht – The $100 million vessel comes with an indoor pool that transforms into a dance floor, a wine cellar, a helipad, a gym, and a helipad.

putin's yacht size

[All yacht images via – H2 Yacht Design]

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A look at Vladimir Putin’s $ 125 million yacht collection

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Russian President Vladimir Putin’s $ 125 million yacht collection offers a glimpse into his luxurious life.

Vladimir Putin served as President of Russia for eight years from 1999 to 2008 before being re-elected in 2012 and has been the Commander-in-Chief ever since. He alleges that he alone makes $ 100,000 annually as president. But he is believed to have a net worth of $ 40 billion,…. and it is not surprising that he is one of the richest politicians in the world. Putin owns many properties and castles in Russia and travels in style in his limousines, as well as owning a fleet of impressive superyachts.

This is Vladimir Putin’s $ 125 million yacht collection.

THE GRACEFUL

The yacht is owned by an oil tycoon who got it as a gift from Roman Abramovich, a Russian oligarch & friend of Putin https://t.co/CeNd0NwdQR — Andrea Chalupa 🇺🇲 (@AndreaChalupa) June 16, 2017

The first yacht on the list is The Graceful , which is as elegant as the name implies. Sprayed in the rich hue of white, it has a beam of 72 meters and a volume of 2,685 tons. She was built by Blohm and Voss i n 2014 and designed by H2 Yacht Design . The superyacht has six guest cabins, which can accommodate 12 people and seven crew members.

The largest room is the Master Suite, followed by two VIP cabins and three guest cabins. The yacht has a 50 x 10 foot pool, which can be turned into a dance floor at the touch of a button. The boat’s open view offers a 360-degree view of the blue lagoons. The yacht costs a staggering $ 100 million and, if that’s not enough, it requires $ 5 to $ 10 million in annual maintenance costs.

President Putin hosted his Belarusian counterpart Alexander Lukashenko on his yacht on Saturday, after Belarus forced the landing of a Ryanair jetliner and arrested a journalist last week. Putin is pushing ahead with a $500 million loan to Belarus. More: https://t.co/0QsTF7F3Mg pic.twitter.com/RUBeVuDKGi — Bloomberg Quicktake (@Quicktake) May 30, 2021

Putin’s most photographed and loved yacht, the Olympia, which spans 57 meters. Designed and built in 2002 at Feadship . The Olympia’s speed is 16 knots with a range of 4,700 miles, and Putin is seen sailing the yacht with businessmen from around the world.

The Olympia costs $ 50 million and can accommodate up to 10 guests along with 16 crew members. The superyacht has a presidential cabin where Putin lives, which is on a separate level. The size of his suite is one-third the length of the yacht. It also has a Jacuzzi and a bar.

THE SEAGULL

Russia: PM Narendra Modi and Russian President Vladimir Putin take ride on a yacht in Sochi pic.twitter.com/eqgAfy7g21 — ANI (@ANI) May 21, 2018

Built in 2009, a Turkish shipyard by Proteksan Turquoise , The Seagull or Chayka i n Russian is a 54 meter long superyacht bought by the Russian government. The yacht is built for long voyages of over 4,000 miles, and can travel at a speed of 14 knots with the 4,000 horsepower of it. The cost of The Seagull exceeds $ 34.85 million.

The luxurious explorer has spacious indoor and outdoor areas to relax 12 guests and 11 crew members at the same time. She has a large dining room, jacuzzi, gym, beach club, barbecue area and pool. Putin’s master suite features a luxurious bed, desk, full bathroom, and walk-in closet. The Seagull is also equipped with a jet ski, diving and fishing gear, and three inflatable boats for a quick sporting activity in between.

It is the least known and smallest yacht on the list. Very little is known about the yacht, as she does not use it as often as The Olympia and The Graceful . The Petrel has a length of 35 meters and gives a maximum speed of 14 knots and 10 of cruising.

Her staterooms with her private balcony can accommodate 16 guests and 12 crew members. A model similar to the Petrel costs $ 16.8 million. She being the least expensive on his list.

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Russian crew aboard a superyacht possibly linked to Putin have left their jobs, workers say.

U.S. officials have said the Scheherezade, which is dry-docked in Italy, could be owned by the Russian leader.

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putin's yacht size

By Gaia Pianigiani

  • March 24, 2022

Russian crew members on a mysterious $700-million luxury yacht that U.S. officials say could be owned by President Vladimir V. Putin of Russia abruptly left their jobs and the Tuscan coastal town where it is undergoing repairs a couple of weeks ago amid scrutiny of the vessel, local union leaders and workers say.

The crew members had been fixtures in the small port of Marina di Carrara since the fall of 2020, when the 459-foot-long yacht, Scheherazade, arrived at a dry dock less than four months after being built. No owner has been publicly identified.

“They were replaced by a British crew,” said Paolo Gozzani, the local leader of Italy’s General Confederation of Labor trade union, on Wednesday. “I don’t know and don’t care whether the yacht is indeed Putin’s or not, but I worry about the repercussions on shipyard workers if police impound or confiscate the vessel.”

Workers at the shipyard and regular visitors to its private lounge confirmed that the Russians had routinely supervised the work done on the yacht and had drinks at the bar or played pool there in the evenings. The yacht, estimated by the website SuperYachtFan to cost about $700 million, has two helicopter decks, a swimming pool with a retractable cover that converts to a dance floor and a gym.

This week, the research team of Aleksei A. Navalny, the Russian opposition leader, published a video in which it argued, based on a 2020 crew manifest, that a dozen of the Russian crew members of the Scheherazade either worked for or had a connection with Russia’s Federal Protective Service. The team drew the conclusion that the yacht must belong to Mr. Putin or some of his closest aides.

The Scheherazade’s real ownership is hidden by various shell companies. American officials said this month they had found initial indications that it was linked to Mr. Putin but would not describe what information they had.

In an interview with The New York Times this month, the yacht’s captain, Guy Bennett-Pearce, declined to disclose the name of the owner, but denied that Mr. Putin owned or had ever been on the yacht. Mr. Bennett-Pearce said Thursday he wouldn’t comment further until an investigation by Italian authorities was finished.

Italy’s financial police have been looking into Scheherazade’s ownership for weeks. Italian investigators wouldn’t comment on Thursday, saying that the investigation was continuing.

In a speech to Italy’s Parliament this week, Ukrainian President Volodymyr Zelensky urged Italy to prevent Russians from vacationing in the country, as well as to freeze their assets, bank accounts and yachts, “f rom the Scheherazade to the smallest ones .”

Italian authorities have frozen over 800 million euros in assets from Russian oligarchs on the European sanctions list, including villas in Sardinia, Tuscany, Liguria and the Lake Como area, and three yachts.

Gaia Pianigiani is a reporter based in Italy for The New York Times.  More about Gaia Pianigiani

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A $700 million luxury superyacht linked to Putin was seized by Italian authorities

  • A $700 million luxury megayacht with ties to Putin is frozen, according to Italian authorities.
  • An Italian police investigation found significant ties between the ship and the Russian government.
  • The yacht, called the Scheherazade, appeared ready to set sail after being refloated on Tuesday. 

Insider Today

A $700 million luxury megayacht with ties to Russian President Vladimir Putin has been seized, Italian authorities announced on Friday.

An Italian police investigation found significant connections between the ship, called the Scheherazade, and the Russian government, authorities said. 

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The Scheherazade appeared ready to set sail after being loaded with food and supplies and refloated on Tuesday, possibly in an effort aimed at leaving before it could be seized. The 459-foot vessel spent the previous nine months in a dry dock in the Tuscan port of Marina di Carrara, The New York Times reported.

An ex-crew member told The Times that conversations arose about Putin potentially being the owner of the yacht, but Italian authorities did not specify whether or not Putin owned the ship.

The Scheherazade is among the latest Russian-owned megayachts to be seized as a result of sanctions imposed after Russia's invasion of Ukraine.

The Amadea, a $300 million superyacht owned by sanctioned Russian oligarch Suleyman Kerimov, was also seized by officials in Fiji this week.

putin's yacht size

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Is hyaluronic acid as effective at hydration and moisturising as skincare brands claim?

Analysis Is hyaluronic acid as effective at hydration and moisturising as skincare brands claim?

Woman applies face cream while looking into a mirror. Her hair is wrapped in a towel and she is wearing a bath robe.

Hyaluronic acid has become a huge buzzword in the beauty industry, with everything from creams and cleansers to shampoos containing it.

Often, these products are marketed to consumers with the promise that hyaluronic acid will boost hydration — important for keeping the skin looking its best.

Hyaluronic acid  is ubiquitous in our organs and tissues, playing a crucial role in the function of our cells and tissues. It has been in clinical use for decades, for example, as an injectable between joints to help  lubricate cartilage .

But at the turn of the century, cosmetic companies began using it as a moisturising ingredient in cosmetic products.

Topically, it's thought that hyaluronic acid works by holding and retaining water molecules in order to  hydrate the skin  and restore elasticity, preventing wrinkles.

When combined with sunscreen, hyaluronic acid may be capable of protecting the skin against ultraviolet radiation as it has  antioxidant properties  (meaning it prevents damage caused by oxidising agents, such as ultraviolet radiation).

Is it just hyaluronic hype?

One of the most frequent marketing claims used to sell hyaluronic acid is the long-held belief that hyaluronic acid holds 1,000 times its weight in water.

This means it can maintain moisture and reduce moisture loss.

But this claim has been called into question recently, with  numerous publications  recently discussing  the findings  of a  pre-print paper  which suggests this claim is not true.

The authors of the pre-print, researchers from the University of California, looked into the molecule-binding properties of hyaluronic acid and water to test the claim that it can hold 1,000 times its weight in water.

To do this, the researchers created a solution containing 1g of hyaluronic acid and 1,000g of water (0.1 per cent of hyaluronic acid), which was compared with just water.

They then applied heat to both solutions, measuring the thermal changes that occurred.

They found that there was not much difference in the changes that occurred in the 0.1 per cent hyaluronic acid solution compared with the pure water. They therefore concluded that the long-held claim is not true.

These findings may have consumers wondering how well their hyaluronic acid products actually work if it doesn't hydrate the skin as much as previously claimed.

How hyaluronic acid works

While there's no disputing the experimental results obtained, the conclusion on hyaluronic acid's water-holding capacity is not applicable to all forms of hyaluronic acids.

Hyaluronic acid comes in different molecular sizes. This pre-print only looked at one medium-sized hyaluronic acid molecule in their experiments. This means the results may only be true for products containing medium and smaller hyaluronic acid molecules.

White molecules in honeycomb structure on a grey background

When hylauronic acid interacts with water, its water-loving and water-hating parts lead to electrostatic repulsion. This enables large numbers of hyaluronic acid molecules to  form networks , which look a bit like honeycombs, and expand.

The larger the hyaluronic acid's molecule size, the more capable it is of forming these honeycomb structures — and also the more able it is to retain water relative to its own weight.

Hyaluronic acid with larger molecular sizes will form these networks at a concentration of 0.1 per cent, meaning it can hold 1,000 times its own weight in water. Some very large molecules will even form these networks at a  concentration as low as 0.05 per cent . This means it can hold 2,000 times its weight in water.

It's also worth noting that hyaluronic acid doesn't just hold moisture and hydrate the skin. Because of its  hydrating and antioxidant effects , it also promotes cell regeneration and stimulates collagen production. So hyaluronic acid's benefits go beyond its ability to retain water.

Although this paper may have partially debunked one popular claim about hyaluronic acid's moisturising abilities, that doesn't mean you should stop using it.

The research still shows there's no doubt about hyaluronic acid's moisturising abilities, which can leave skin softer, smoother and with fewer wrinkles. Plus, hyaluronic acid's antioxidant effects promote the growth of new skin cells and collagen.

But if you want to make sure you're getting the most effective product possible, look for one containing multiple weights of hyaluronic acid molecules (sometimes labelled as "triple weight", "multiweight" or "multi-molecular weight").

Also look for a product containing a minimum hyaluronic acid concentration of 0.1 per cent.

This is because research suggests products containing a  formulation of multiple sizes  of hyaluronic acid molecules could be more beneficial for skin than formulations containing only one molecule size. This is partly due to smaller molecules permeating skin better, while the larger ones hold more water.

Lian Liu is a Reader at the University of Surrey's School of Chemistry and Chemical Engineering. This piece first appeared on The Conversation .

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IMAGES

  1. Is This Russian "Forever President" Vladimir Putin's Yacht?

    putin's yacht size

  2. Vladimir Putin's life of LUXURY revealed in stunning pictures

    putin's yacht size

  3. Putin's point man in Ukraine buys $214-million yacht

    putin's yacht size

  4. Inside Putin's $700M yacht, complete with gold toilet paper holder

    putin's yacht size

  5. Russian oligarch yachts scrambling for safe havens amid seizures

    putin's yacht size

  6. Putin, il mistero del mega yacht da 700 milioni di dollari a Marina di

    putin's yacht size

COMMENTS

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  5. 'Mysterious': the $700m superyacht in Italy some say belongs to Putin

    F or several months, the mysterious 140-metre-long, six-floor superyacht has towered over the smaller boats in the shipyard in Marina di Carrara, a town on Italy's Tuscan coast, arousing chatter ...

  6. A 459-Foot Mystery in a Tuscan Port: Is It a Russian's Superyacht?

    In the rarefied world of the biggest superyachts ( only 14 that are at least 140 meters, or 459 feet long), the Scheherazade is alone in that no likely owner has been publicly identified. That has ...

  7. Is this US$700 million superyacht in Italy Putin's pleasure boat?

    Is mystery US$700 million superyacht in Italy Vladimir Putin's pleasure boat? The Scheherazade is one of the world's largest superyachts, but the identity of its owner isn't publicly known

  8. Vladimir Putin superyacht: $700-million boat found in Italy, say

    March 22, 2022, 4:52 AM PDT. In the legend of Tales From the Thousand and One Nights, Scheherazade is a beautiful virgin who escapes being murdered by the king by telling him stories at night ...

  9. Putin-Linked Superyacht May Elude Sanctions, by Setting Sail

    May 4, 2022. MARINA DI CARRARA, Italy— The Italian police are in a race to finish investigating the ownership of a $700 million superyacht, which U.S. officials say is linked to President ...

  10. $700mn superyacht tied to Putin is being refitted while impounded

    It has been 15 months since Italy impounded the Scheherazade, a $700mn superyacht linked to Vladimir Putin. But the time the yacht has spent sitting in the Tuscan port of Marina di Carrara has not ...

  11. Inside Putin's $700M yacht, complete with gold toilet paper holder

    Photos show Vladimir Putin's alleged $700 million superyacht Scheherazade, which comes with gold toilet paper holders, helipads and more. ... the other is Putin's second yacht, Graceful.

  12. Satellite image shows super yacht linked to Putin out of reach of

    March 3, 2022 / 7:30 AM EST / CBS News. As Europe and the U.S. bear down with a raft of aggressive sanctions targeting Russian President Vladimir Putin, the super yacht he is believed to own has ...

  13. $700M Superyacht Docked in Italy Could Be Vladimir Putin's: Officials

    Photo by Osman Uras/Anadolu Agency via Getty Images. US officials say a superyacht docked in Italy could belong to Russian President Vladimir Putin. People briefed on the intelligence, however ...

  14. Italy Freezes Scheherazade Superyacht Linked To Vladimir Putin

    Italy's Ministry of Economy and Finance froze the 459-foot yacht after a months-long investigation, amid fears it would attempt to leave the country.

  15. Documents show Putin's order to move superyacht before Ukraine invasion

    Vladimir Putin moved his $100m (£75m) superyacht from a German shipyard to Russia just weeks before he ordered the invasion of Ukraine, according to secret documents released in a new investigation.

  16. Vladimir Putin's Superyacht Graceful Has A New Name ...

    The group is also linked to another yacht, the $9 million, 121-foot Aldoga, owned by a firm held by Svetlana Krivonogikh, rumored to be the mother of one of Putin's daughters.

  17. Italy Seizes Superyacht Tied to Putin

    Italy seizes a superyacht tied to Putin. Italian police boarded the yacht, the Scheherazade, late on Friday, ending what appeared to be preparations to set sail. After weeks of investigation ...

  18. A Peek Inside Vladimir Putin's $125 Million Dollar Yacht Collection

    The Olympia costs $50 million and can accommodate up to 10 guests along with 16 crew members. The superyacht features a Presidential Cabin where Putin resides, which is located on a separate level. The size of his suite is one-third of the length of the yacht. It also features a jacuzzi and bar.

  19. Take a look at Vladimir Putin's 270 feet long ultra-luxury yacht

    Political critic Boris Nemtsov alleged Putin's extraordinary wealth and assets include 43 planes, 7000 cars, 15 helicopters, and 4 superyachts. The Russian leader also reportedly has his own palace built in a highly-secure "billionaire's village" on the outskirts of Moscow and it's nearly twice the size of Buckingham Palace.

  20. A look at Vladimir Putin's $ 125 million yacht collection

    Inside Putin's $125 Million Dollar Yacht Collection. Watch on. It is the least known and smallest yacht on the list. Very little is known about the yacht, as she does not use it as often as The Olympia and The Graceful. The Petrel has a length of 35 meters and gives a maximum speed of 14 knots and 10 of cruising.

  21. Russian crew aboard a superyacht possibly linked to Putin have left

    Russian crew members on a mysterious $700-million luxury yacht that U.S. officials say could be owned by President Vladimir V. Putin of Russia abruptly left their jobs and the Tuscan coastal town ...

  22. $700 Million Superyacht Linked to Putin Seized by Italian ...

    A $700 million luxury superyacht linked to Putin was seized by Italian authorities. Scheherazade, one of the largest superyachts in the world, anchors in Bodrum district of Mugla, Turkey, on ...

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