$300 million megayacht up for auction
CNBC Televisionยท2025-08-21 15:15
The US government is in fact auctioning off that $300 million yacht that it seized as part of its crackdown on Russian oligarchs. The yacht is called Amadea and it was seized by the Justice Department off the coast of Fiji shortly after Russia's invasion of Ukraine back in 2022. And it was all part of that global capture of dozens of yachts, villas, art, and private jets that were taken by governments to pressure President Putin and his money machine at the time.But now most of these assets are sitting in l ...