Monday, July 29, 2024

Superyacht abandoned by a Russian fertilizer billionaire has a new secret owner, who got it for a huge discount

From Fortune, July 22:

The Alfa Nero superyacht, which has been abandoned in the Caribbean for more than two years, has a new owner.

The 267-foot (81-meter) vessel, complete with a baby grand piano and a swimming pool that turns into a helipad, sold for $40 million last week, said Ronald Sanders, Antigua and Barbuda’s ambassador to the US. He declined to name the buyer, citing a confidentiality agreement.

The sale marks the latest attempt to end the years-long Alfa Nero saga. A Russian oligarch abandoned the luxury yacht in Antigua in March 2022, after being sanctioned by the US Treasury. Then tech billionaire Eric Schmidt tried buying it at auction, only to give up when the sale became a legal quagmire. 

Meanwhile, the vessel sat in Antigua’s Falmouth Harbour being tended to by a skeleton crew and costing over a $100,000 a month to maintain.

At $40 million, the new Alfa Nero owner will end up paying far less than the $67.6 million that Schmidt, a former Google CEO, had offered last year. Sanctioned Russian fertilizer billionaire Andrey Guryev had originally bought the Alfa Nero in 2014 for $120 million, the US Treasury Department said — which Guryev denies....

....MUCH MORE

It's a big boat.