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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussian 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.
Russias 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 countrys 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 Abramovichs ownership of the prized English football club Chelsea FC. Its one of Europes 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
lapfog_1
(29,199 posts)Seize everything and declare those oligarchs "persona non grata"
Pachamama
(16,886 posts)orwell
(7,771 posts)...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...
Throck
(2,520 posts)Just saying.
albacore
(2,398 posts)harumph
(1,897 posts)Now please post yacht pictures, names, home port and last known location.
or, failing that, please STFU.
cbabe
(3,538 posts)Could sanctions leave oligarchs super yachts high and dry in Spain?
Workers walk past super yachts at the MB92 yard in Barcelona.
Russias wealthiest men own vessels worth millions. Now penalties might make it illegal to supply or service them
The guardian.com
February 26
Lancero
(3,003 posts)DetlefK
(16,423 posts)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.
Hekate
(90,627 posts)BlueIdaho
(13,582 posts)Refuse to allow them leave a port or airport. Either that or break them up and scuttle them.