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Second-Richest Russian’s Megayacht Is Back: Destination Unknown

  • Yacht now in Mediterranean after not broadcasting for 12 days
  • US, UK and others are pursuing assets of sanctioned tycoons
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A $150-million ultra-luxurious superyacht tied to Russia’s second-richest citizen Leonid Mikhelson, who is facing sanctions, reappeared after nearly two weeks without broadcasting its location. Its final destination is unclear.

The 85-meter (280 feet) Pacific, which can accommodate two helicopters, is cruising in the Mediterranean Sea north of Benghazi, Libya, after reappearing near the Canary Islands on May 20, when its location transponder was turned on again, vessel data compiled by Bloomberg News show. It had gone dark 12 days earlier, shortly after broadcasting that it was headed to the Bahamas, which is known to help other governments seize yachts.