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Russian Billionaire to Lose $492 Million Yacht in Divorce

  • Judge orders Farkhad Akhmedov to transfer ownership to wife
  • Akhmedov’s boat, built for Abramovich, impounded in Dubai
Farkhad Akhmedov’s yacht in the Mugla Province of Turkey on Aug. 16, 2017.

Farkhad Akhmedov’s yacht in the Mugla Province of Turkey on Aug. 16, 2017.

Photographer: Ali Balli/Anadolu Agency via Getty Images

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A London court ordered the seizure of a luxury $492 million yacht owned by a Russian billionaire as judges sought to enforce one of the largest divorce payouts in U.K. history.

The court ruled that Farkhad Akhmedov should transfer ownership of the 115-meter (380-foot) MV Luna, currently impounded in a dry dock in Dubai, to his wife, Tatiana Akhmedova. The judge granted the order to uphold his earlier 453.5 million-pound ($646 million) judgment.