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German Authorities Said to Deny Seizing Usmanov Yacht

  • The Dilbar is docked in Hamburg, was undergoing retrofitting
  • Russian tycoon’s yacht is the world’s largest by volume
Super yacht Dilbar
Super yacht DilbarPhotographer: Peter Titmuss/UCG/Getty Images
Corrected

Alisher Usmanov’s superyacht, the world’s largest by volume, is docked in the northern German city of Hamburg but hasn’t been seized by the government after the Russian billionaire was hit with European Union sanctions this week.

The Dilbar, Usmanov’s 512-foot yacht, had been undergoing refitting in the northern German city. Forbes reported Wednesday that the German government had frozen the boat, which is estimated to be worth $594 million by the Bloomberg Billionaires Index.