Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,881 posts)
Sat Feb 26, 2022, 01:35 PM Feb 2022

Russian Billionaire Jets, Superyachts Roam Free Amid Attack

(Bloomberg) -- For all the talk of sanctions on Russia and its elite, the status symbols of the billionaire class remain free to roam the skies and the seas.

Russia’s ultra-rich are among the biggest owners of private jets and superyachts, two of the most opulent displays of massive wealth.

So far, even as the U.S. and U.K. have ramped up sanctions on more than 100 Russian individuals and entities, these assets of the country’s elite -- which can be worth hundreds of millions of dollars each -- have avoided any direct hit. So too have their high-end real estate holdings, which in London range from Chelsea penthouses to Highgate mansions.

One of the most high-profile status symbols in the U.K. is drawing attention lately: Russian billionaire Roman Abramovich’s ownership of the prized English football club Chelsea FC. It’s one of Europe’s most successful teams and valued at about 1.9 billion euros ($2.1 billion). Prime Minister Boris Johnson mistakenly said on Tuesday that Abramovich had already been sanctioned.

https://www.msn.com/en-us/news/world/russian-billionaire-jets-superyachts-roam-free-amid-attack/ar-AAUjrwo

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

orwell

(7,771 posts)
3. Fuck Bloomberg...
Sat Feb 26, 2022, 01:39 PM
Feb 2022

...Sanctions don't bite overnight.

These are the most comprehensive sanctions in world history. They will cripple Russia and it's oligarchs if they go on long enough.

It's almost like Bloomberg is pulling for Pooty...

harumph

(1,897 posts)
5. Thanks for the heads up Bloomberg
Sat Feb 26, 2022, 01:49 PM
Feb 2022

Now please post yacht pictures, names, home port and last known location.

or, failing that, please STFU.

cbabe

(3,538 posts)
7. Sanctions working.
Sat Feb 26, 2022, 02:04 PM
Feb 2022

Could sanctions leave oligarchs’ super yachts high and dry in Spain?
Workers walk past super yachts at the MB92 yard in Barcelona.
Russia’s wealthiest men own vessels worth millions. Now penalties might make it illegal to supply or service them…

The guardian.com
February 26

DetlefK

(16,423 posts)
9. Johnson did not "misspeak". He lied, because his party is up to its ears in russion donations.
Sat Feb 26, 2022, 02:24 PM
Feb 2022

Have you ever watched the PMQs? The parliamentary questioning of the Prime-Minister? It's a regular event, where the Prime-Minister is supposed to answer questions by parliament.

Except I have NEVER seen Johnson give a straight answer. NEVER. He will talk about the subject without actually adressing the question, and then change topics.

Oh, and Johnson also regularly lies in parliament, which is really nice because the british parliament has this rule that its forbidden to call out lies and liars.
You may say that the facts are actually different.
You may ask the Prime-Minister to pretty-please "correct" himself (which he has absolutely no obligation to do, under any circumstances and rule-set).

But if you call a liar a liar in british parliament, it's you who gets punished. Not the liar.

BlueIdaho

(13,582 posts)
11. Restrict their movement.
Sat Feb 26, 2022, 02:52 PM
Feb 2022

Refuse to allow them leave a port or airport. Either that or break them up and scuttle them.

Latest Discussions»General Discussion»Russian Billionaire Jets,...