Tracking Russian Billionaires’ Megayachts as Sanctions Force Them to Sea

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K Oanh Ha

Economic Sanctions

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Ukraine

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Europe

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Finance

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Well Spent

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Luxury Yachts At The 2019 Monaco Yacht Show

Russia’s Feb. 24 invasion of Ukraine has triggered rounds of financial sanctions by the U.S. and its allies that are aimed to punish Russian oligarchs and business tycoons suspected of enabling President Vladimir Putin’s military aggression. The U.S., U.K. and European Union, along with Canada, Australia and others, have all levied sanctions on some of Russia’s wealthiest citizens.

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