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How Sanctioned Russian Billionaires Are Trying To Loosen Europe’s Grip On Their Superyachts

Por: Forbes Business October 01, 2022

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Illustration by Philip Smith for Forbes Forbes found several yachts owned by sanctioned Russian and Russian-born billionaires that reclassified themselves houseboats and “reflagged,” or changed their registration, from British tax havens to more Russian-friendly spots. Written by , making it difficult—if not impossible—for the floating palaces to obtain insurance and sail legally. But several are now registering their yachts in countries... + full article



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