, 2022-10-07 23:09:00,
A megayacht linked to a sanctioned Russian oligarch has dropped anchor in Hong Kong, amid efforts by the West to seize the luxury assets of Russian elites in allied ports as the war in Ukraine drags on.
The Nord, a nearly 142-meter (466-foot) yacht that is said to be one of the world’s largest, was spotted by CNN on Friday in Hong Kong’s waters, just minutes from the central downtown district. The vessel is estimated to be worth at least $500 million and widely believed to belong to Alexey Mordashov, an industrial billionaire, according to a yacht broker who spoke with CNN.
The yacht, 1.5 times the size of an American football field, arrived in Hong Kong on Wednesday from the Russian port of Vladivostok, according to the Chinese city’s Marine Department. The government agency told CNN on Friday that it hadn’t been notified about when the yacht would depart for its next destination.
As of Friday afternoon, the Nord was seen flying a Russian flag, with the name of its home base, “Vladivostok,” emblazoned on its stern. A few people, apparently crew members dressed in uniform, were spotted on the vessel’s deck.
Mordashov is one of Russia’s wealthiest billionaires, with an estimated net worth of $18.7 billion, according to the Bloomberg Billionaires Index. That’s down by…
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