The United States government has announced the auction of the luxury yacht Amadea, a high-value asset seized in 2022 from a Russian oligarch sanctioned by the U.S. The Department of Justice estimates the vessel’s worth at over $300 million, though the final sale price is expected to be substantially lower than the initial valuation.
This action is part of broader efforts by the U.S. to confiscate assets linked to Russian elites, especially those involved in supporting the government of Vladimir Putin. The government hopes to maximize the financial return from the sale of the yacht while also sending a strong message to potential beneficiaries of Russian influence.