Seized Russian superyacht Amadea has been sold — but it's not smooth sailing yet

The new owner, whose identity has not been disclosed, may have to keep his prize out of international waters.

Passerby captures image of gigantic superyacht with eyebrow-raising history in US port: 'Do people traverse the ocean in these things?'

Behind its helipad, lounges, and swimming pool lies a staggering cost to both taxpayers and the planet. Maintaining Amadea ...
The Cool Down on MSNOpinion

Outrage ignites after new sighting of Jeff Bezos' $500 million yacht: 'But at what cost?'

It's one thing to hear about a $500 million yacht, but it's another thing entirely to see it casually drift by while you're ...
Organized Crime and Corruption Reporting Project

Cyprus Court Case Kicks Off Involving Superyacht Firm That Was Ultimately Owned by Abramovich

The first hearing was held today involving a company accused of failing to pay 26 million euros in taxes and interest for superyachts once used by Roman Abramovich, a Russian billionaire sanctioned ...