Auction
Search documents
$300 million megayacht up for auction
CNBC Television· 2025-08-21 15:15
Asset Seizure and Legal Challenges - US government is auctioning off the $300 million yacht "Amadea," seized from a sanctioned Russian oligarch [1] - The seizure faces legal challenges, with claims that the yacht is owned by a non-sanctioned Russian entity [2] - The US government has spent over $30 million in taxpayer money to maintain the yacht [2] Auction Details and Market Concerns - The auction ends on September 10th, with bidders required to deposit $10 million [3] - Potential buyers are wary of legal claims from wealthy Russians [3] Yacht Specifications - Amadea is a 348-foot yacht with luxury amenities, including a glass elevator, chromotherapy pool, infinity pool, nightclub, helipad, and gold furnishings [4]
$300 million megayacht up for auction
CNBC Television· 2025-08-21 12:22
$300 million mega yacht that once belonged to a Russian oligarch going up for auction, but potential buyers may be more than the uh bargain for here on the high seas. Um it may cost him really is really the issue I think. Robert Frank is going to join us right now, the only one who knows all about the yachts.Tell us. Tell us. Good morning, Andrew.Well, 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 ...
