Biden And Allies Are Coming For Russian Billionaires’ Yachts: Forbes Tracked Down 63. Here’s Where To Find Them

Most of the yachts are registered through offshore vehicles and docked in far-flung locales..

Updated with new sanctions on September 14, 2023. The locations in this article were last updated on January 9, 2023 and the map has not been updated since this story was originally published in March 2022.

R ussian billionaires have been in the spotlight since Vladimir Putin invaded Ukraine on February 24. In his State of the Union address on March 1, President Joe Biden said his administration would work with European countries to target Russian oligarchs by seizing “their yachts, their luxury apartments, their private jets.”

The United Kingdom and the European Union imposed sanctions on three more Russian billionaires on March 9 and the U.K. sanctioned Roman Abramovich the next day; more sanctions were announced on March 15 and on March 24; new actions have since brought the total number of sanctioned Russian-born billionaires to 50. Several yachts owned by sanctioned billionaires or their family members and associates—Roman Abramovich, Farkhad Akhmedov, Vagit Alekperov, Andrei Guriev, Eduard Khudainatov, Andrei Kuzmichev, Igor Makarov, Andrey Melnichenko, Alexey Mordashov, Dmitry Pumpyansky, Arkady Rotenberg, Gennady Timchenko, Eugene Shvidler, Alisher Usmanov and Viktor Vekselberg—were last tracked in the U.S., EU or in the U.K. and their territories after the individuals were sanctioned, including France, Germany, Gibraltar, Italy, the Netherlands, Puerto Rico and Spain.

Their personal assets in the European Union, from private jets and superyachts to luxury real estate, may now be frozen. Italian authorities froze Mordashov’s Lady M yacht and Timchenko’s Lena yacht on March 4. On March 12, Italian police froze Melnichenko’s Sailing Yacht A in Trieste. On March 21, authorities in the British overseas territory of Gibraltar detained Dmitry Pumpyansky’s Axioma yacht, the same day French authorities froze a yacht owned by Alezei Kuzmichev. On April 4, Spain’s Guardia Civil and the FBI seized Vekselberg’s Tango yacht in Palma de Mallorca . On April 13, German authorities froze Dilbar , a yacht that was owned by Alisher Usmanov until he transferred ownership to his sister Gulbakhor Ismailova in 2020. On May 5, Fiji seized Suleiman Kerimov’s yacht Amadea at the request of U.S. authorities.

It’s still unclear whether the EU, the U.S. or the U.K. will declare additional sanctions on other individuals. As recently as February 28, Forbes tracked the wealth of more than 100 Russian billionaires. Using data from yacht valuation experts VesselsValue, Forbes has compiled a list of every yacht owned by Russian-born billionaires and recent dropoffs—both those that have been sanctioned and those that have not. At least 12 Russian billionaires fell out of the three-comma-club on March 1.

According to VesselsValue’s head of superyachts, Sam Tucker, yacht “ownership is notoriously private.” The firm has 90% confidence in its data on these yachts, which are generally owned through offshore companies registered everywhere from the Isle of Man to the Cayman Islands. Collectively, the 63 yachts are worth at least $6.3 billion. The 53 yachts owned by sanctioned Russian billionaires are worth at least $4.7 billion.

“Technically speaking, these yachts are owned by a special purpose vehicle, often being in a different jurisdiction to the beneficial owner,” Tucker said. “There are also lease systems, which further distance the [owner] from the asset.” Lease systems are legal structures commonly used to purchase yachts, allowing individuals to own a yacht through a separate company—often registered in places such as Malta and Cyprus—that then leases the yacht to the individual.

While the Russian economy crashes under the weight of sanctions, yachts owned by the country’s billionaires have anchored in much sunnier climes: everywhere from Monaco and Barcelona to Dubai and the Seychelles.

Here is a list of all of the yachts owned by Russian billionaires and billionaires born in Russia tracked by Forbes and VesselsValue (Location data from VesselsValue, MarineTraffic and VesselFinder):

Alexander Abramov

Sanctioned by australia, u.k., yacht name: titan, length: 257 feet, last recorded location: dubai, united arab emirates on january 9, 2023, registered in: bermuda, value: $82 million.

Alexander Abramov's Titan yacht.

Roman Abramovich

Sanctioned by u.k., eu, canada, australia, switzerland, yacht name: eclipse*, length: 533 feet, last recorded location: bodrum, turkey on january 9, 2023, value: $438 million.

*Abramovich also owns eight small vessels “used to support the operations” of Eclipse, named Eclipse 1 through Eclipse 8.

Yacht name: Solaris

Length: 458 feet, last recorded location: marmaris, turkey on january 9, 2023, value: $474 million, yacht name: halo, length: 180 feet, last recorded location: göcek, turkey on december 16, 2022, registered in: cook islands, value: $38 million, yacht name: garcon, length: 220 feet, last recorded location: fethiye, turkey on august 8, 2022, value: $20 million, yacht name: kewpie, length: 80 feet, last recorded location: saint barthélemy on january 6, 2023, value: $3 million, yacht name: sussurro, length: 162 feet, last recorded location: la ciotat, france on january 9, 2023, value: $17 million, yacht name: umbra a, length: 40 feet, last recorded location: not available, registered in: not available, value: $1 million, yacht name: aquamarine*, length: 164 feet, last recorded location: vlissingen, netherlands on april 5, 2022, registered in: russia, value: $29.9 million.

* Aquamarine is owned by Jersey-based MHC Jersey Limited, which is owned by British Virgin Islands-based Norma Investments Limited. Prior to February 24, 2022, Norma’s beneficial owner was Abramovich; Norma’s ownership was transferred to David Davidovich, a business associate of Abramovich, on the same day, according to public filings. Davidovich was sanctioned by the U.K. on April 14 .

Roman Abramovich's Eclipse yacht.

Farkhad Akhmedov

Sanctioned by eu, u.k., canada, switzerland, yacht name: luna, length: 375 feet, last recorded location: hamburg, germany on july 4, 2022 ( frozen by german authorities on may 12, 2022), registered in: marshall islands, value: $196 million.

Farkhad Akhmedov's Luna yacht.

Vagit Alekperov

Sanctioned by u.k., australia, canada, yacht name: galactica super nova, length: 230 feet, last recorded location: off the coast of budva, montenegro on march 2, 2022 (departed tivat, montenegro on march 2), registered in: sierra leone, value: $67 million, yacht name: space, length: 114 feet, last recorded location: sevastopol, crimea on august 23, 2022, value: $8 million, yacht name: galactica, length: 263 feet, last recorded location: vladivostok, russia on october 1, 2022, value: not available.

Vagit Alekperov's Galactica Super Nova yacht.

Oleg Deripaska

Sanctioned by u.s., u.k., eu, canada, switzerland, australia, yacht name: clio, length: 238 feet, last recorded location: adler, russia on october 27, 2022, registered in: cayman islands, value: $58 million, yacht name: sputnik, length: 197 feet, last recorded location: göcek, turkey on november 9, 2022, registered in: antigua and barbuda, value: $19.75 million, yacht name: elden, length: 95 feet, last recorded location: volga river near sknyatino, russia on october 8, 2022, value: $1.9 million.

Oleg Deripaska.

Sergey Galitsky

Yacht name: quantum blue, length: 341 feet, last recorded location: off the coast of salalah, oman on march 22, 2022, value: $213 million.

Sergei Galitsky's Quantum Blue yacht.

Andrei Guriev

Sanctioned by u.s., u.k., yacht name: alfa nero, length: 267 feet, last recorded location: falmouth harbour, antigua and barbuda on november 3, 2022 ( blocked by the u.s. on august 2), value: $81 million.

Andrei Guriev's Alfa Nero yacht.

Dmitry Kamenshchik

Yacht name: flying fox, length: 446 feet, last recorded location: göcek, turkey on december 27, 2022 ( blocked by the u.s. on june 2), value: $455 million.

Dmitry Kamenshchik's Flying Fox yacht.

Suleiman Kerimov

Sanctioned by u.s., eu, u.k., canada, switzerland, australia, japan, yacht name: amadea, length: 348 feet, last recorded location: san diego, california on june 6 ( seized by u.s. authorities on may 5, 2022), registered in: united states, value: $300 million.

Suleiman Kerimov's Amadea yacht.

Igor Kesaev

Yacht name: my sky, length: 168 feet, last recorded location: crossroads superyacht marina, maldives on june 16, 2022, value: $30 million, yacht name: sky, length: 166 feet, last recorded location: limón bay, panama on january 9, 2023, value: $23 million.

Igor Kesaev.

Eduard Khudainatov

Sanctioned by eu, yacht name: divina barbara, length: 115 feet, last recorded location: rendsburg, germany on november 17, 2016, registered in: united kingdom, value: $9 million, alexey kuzmichev, sanctioned by u.s., eu, u.k., canada, switzerland, australia, yacht name: la petite ourse, length: 79 feet, last recorded location: antibes, france on august 11, 2022 ( frozen by french authorities on march 16, 2022; released after court decision on october 5, 2022), registered in: malta, value: $4.5 million, yacht name: la petite ourse ii, length: 54 feet, last recorded location: cannes, france on june 6, 2022 ( frozen by french authorities on march 21, 2022; released after court decision on december 9, 2022), value: $1.2 million, anatoly lomakin, yacht name: sea & us, length: 205 feet, igor makarov, sanctioned by canada, australia, yacht name: areti i, length: 128 feet, last recorded location: st. augustine, florida on october 24, 2022, value: $7 million.

Igor Makarov.

Iskander Makhmudov

Sanctioned by: u.s., u.k., yacht name: predator, length: 239 feet, last recorded location: kuşadası, turkey on january 4, 2023, registered in: st. kitts and nevis, value: $55 million, dmitry mazepin, sanctioned by: u.k., eu, switzerland, canada, australia, yacht name: aldabra, length: 97 feet, last recorded location: bodrum, turkey on october 7, 2022 (frozen by italian authorities), registered in: isle of man, length: 72 feet, last recorded location: n/a (frozen by italian authorities), registered in: n/a, andrey melnichenko, sanctioned by eu, u.k., u.s., switzerland, australia, yacht name: my a, length: 390 feet, last recorded location: ras al khaimah, united arab emirates on may 28, 2022, registered in: isle of man ( deregistered on march 16, 2022), value: $204 million, yacht name: sy a, length: 469 feet, last recorded location: trieste, italy on january 9, 2023 ( frozen by italian authorities on march 12, 2022), value: $578 million (valued by italian government).

Andrey Melnichenko's SY A sailing yacht.

Leonid Mikhelson

Sanctioned by U.K., Canada, Australia

Yacht name: pacific, length: 280 feet, last recorded location: abu dhabi, united arab emirates on december 25, 2022, registered in: malaysia, value: $115 million, yuri milner, yacht name: andromeda, length: 352 feet, last recorded location: off the coast of nassau, bahamas on january 9, 2023, value: $129 million, andrei molchanov, yacht name: aurora, length: 243 feet, last recorded location: istanbul, turkey on august 21, 2022, value: $110 million, alexey mordashov, sanctioned by eu, u.k., u.s., switzerland, australia, japan, yacht name: lady m, length: 213 feet, last recorded location: imperia, italy on june 6, 2022 ( frozen by italian authorities on march 4, 2022), registered in : cayman islands, value: $27 million, yacht name: nord, length: 464 feet, last recorded location: malacca strait near kuala selangor, malaysia on october 24, 2022.

Alexey Mordashov's Nord yacht.

Alexander Nesis

Yacht name: romea, length: 268 feet, last recorded location: malé, maldives on january 9, 2023.

Alexander Nesis.

Vladimir Potanin

Sanctioned by u.s., u.k., canada, australia, yacht name: nirvana, length: 290 feet, last recorded location: dubai, united arab emirates on january 9, 2023 ( blocked by the u.s. on december 15), value: $120 million.

Vladimir Potanin's Nirvana yacht.

Mikhail Prokhorov

Yacht name: av (formerly palladium), length: 312 feet, last recorded location: fort lauderdale, florida on january 9, 2023, value: $157 million.

Mikhail Prokhorov's Palladium yacht.

Dmitry Pumpyansky

Sanctioned by eu, u.k., u.s., switzerland, canada, australia, yacht name: axioma, length: 236 feet, last recorded location: gibraltar on january 9, 2023 ( detained by gibraltarian authorities on march 21, 2022)*, value: $42 million.

*Axioma was auctioned in August 2022 and is no longer owned by Pumpyansky.

Dmitry Pumpyansky's Axioma yacht.

Viktor Rashnikov

Sanctioned by eu, u.k., u.s., canada, switzerland, australia, yacht name: ocean victory, length: 459 feet, last recorded location: malé, maldives on march 1, 2022, value: $294 million.

Viktor Rashnikov's Ocean Victory yacht.

Arkady Rotenberg

Sanctioned by eu, u.s., u.k., australia, canada, japan, switzerland, yacht name: rahil, last recorded location: sochi, russia on december 1, 2022.

Arkady Rotenberg's Russian-registered Rahil yacht.

Boris Rotenberg

Length: 157 feet, last recorded location: marseille, france on january 9, 2023, registered in: luxembourg ( deregistered in april 2022, frozen by french authorities), value: $15 million, dmitry rybolovlev, yacht name: anna, length: 361 feet, value: $250 million.

Dmitry Rybolovlev.

Anatoly Sedykh

Yacht name: hermitage, length: 225 feet, last recorded location: dubai, united arab emirates on december 16, 2022, value: $73 million.

Anatoly Sedykh's Hermitage yacht.

Eugene Shvidler

Sanctioned by u.k., australia (shvidler was born in the u.s.s.r. and is a citizen of the u.s. and the u.k.), yacht name: le grand bleu, length: 354 feet, last recorded location: ponce, puerto rico on june 6, 2022, registered in: palau, value: $109 million.

Eugene Shvidler's Le Grand Bleu yacht.

Andrei Skoch

Sanctioned by u.s., eu, u.k., australia, canada, japan, switzerland, yacht name: madame gu, length: 325 feet, last recorded location: dubai, united arab emirates on march 6, 2022 ( blocked by the u.s. on june 2), value: $156 million.

Andrei Skoch's Madame Gu yacht.

Alexander Svetakov

Yacht name: cloudbreak, length: 246 feet, last recorded location: singapore on january 9, 2023, value: $98 million.

Alexander Svetakov's Cloudbreak yacht.

Gennady Timchenko

Sanctioned by: eu, u.s., u.k., australia, canada, japan, switzerland, yacht name: lena, length: 126 feet, last recorded location: sanremo, italy on september 24, 2022 ( frozen by italian authorities on march 4, 2022), registered in: british virgin islands.

Gennady Timchenko.

Oleg Tinkov

Sanctioned by u.k., australia ( dropped off forbes real-time billionaires on march 1), yacht name: la datcha, length: 252 feet, last recorded location: cabo san lucas, mexico on january 9, 2023, registered in: panama, value: $121 million, yacht name: ycm 90, length: 90 feet, value: $2 million.

Oleg Tinkov's La Datcha yacht.

Alisher Usmanov

Sanctioned by eu, u.k., u.s., australia, canada, japan, switzerland, yacht name: dilbar*, length: 512 feet, last recorded location: hamburg, germany on may 6, 2022 ( blocked by the u.s. on march 3, 2022 and frozen by german authorities on april 13, 2022), value: $588 million, yacht name: begham*, length: 131 feet, last recorded location: olbia, italy on october 25, 2021, value: $10.5 million.

* Dilbar is owned by Caymans-based Navis Marine Ltd. and Begham is owned by Caymans-based Highseas Yachting Ltd. Both Navis Marine Ltd. and Highseas Yachting Ltd. are owned by Cyprus-based Almenor Holdings Ltd. Almenor is in turn owned by Switzerland-based Pomerol Capital SA, which holds the shares "in trust for the benefit of" the Sister Trust, which a German Federal Police investigation found is held by Gulbakhor Ismailova, Usmanov’s sister. Ownership of Navis Marine Ltd. and Highseas Yachting Ltd. was transferred to Almenor in 2020.

Alisher Usmanov's Dilbar yacht.

Viktor Vekselberg

Sanctioned by: u.s., u.k., japan, canada, australia, yacht name: tango, length: 255 feet, last recorded location: palma de mallorca, spain on january 9, 2023 ( blocked by the u.s. on march 13, 2022 and seized by u.s. and spanish authorities on april 4, 2022), value: $90 million.

Viktor Vekselberg's Tango yacht.

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PALLADIUM Yacht – Impressive $200M Superyacht

PALLADIUM yacht is a multi-award-winning 95.1m/312′ motor yacht built by The Blohm + Voss shipyard in Hamburg, Germany.

Her luxurious interior and elegant exterior were both penned by the renowned Michael Leach Design and she was delivered to her new owner in September 2010. 

Palladium
95 meters (312ft)
24 in 12 cabins
33 in 16 cabins
Blohm and Voss
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Michael Leach Design
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85952649

PALLADIUM yacht interior

PALLADIUM was designed by Michael Leach, an award-winning superyacht designer with a combined 60 years of experience and has worked with the best shipyards in the world such as Feadship , Blohm & Voss, Amels, Damen Yachting , and Pendennis , just to name a few.

She can comfortably accommodate up to 24 guests in 12 cabins and a total of 34 crew in 16 cabins to provide guests with a relaxing luxury yacht experience.

She is equipped with a beauty salon, an elevator, a gym, and air conditioning among her many amenities.

This superyacht boasts a teak deck, a steel hull, and an aluminum superstructure that is constructed to last a lifetime.

Her aft deck has a big swimming pool, which is one of her most notable features. She also features a private theater, a jacuzzi jet pool, and custom-built yacht tenders. 

palladium yacht port side

Specifications

PALLADIUM yacht has a steel hull, an aluminum superstructure, teak decks, and powerful twin MTU (16V 959 TE70L) 16-cylinder 4,600hp diesel engines operating at 1750rpm.

Her cruising speed is at 16 knots and she can achieve a top speed of 19 knots, providing a range of up to 5,000 nautical miles from her 480,000-liter fuel tanks at 16 knots.

Her freshwater tanks have a capacity of around 102,000 liters and she was constructed in accordance with the Lloyds Register classification society rules. 

This beauty is a 96.0-meter motor yacht with a total of 4440.0 GT of gross tonnage and a 16-meter beam.

She was built in Germany by Blohm & Voss, who is renowned for quality and reliability, delivering projects worldwide on time and on budget. 

PALLADIUM is ranked in the top 5% by LOA in the world and when compared to similarly-sized motor yachts, her cruise speed is 0.59 km faster than the average.

In addition to this, her peak speed is 0.87 km faster than the average, and her volume is 1421.62 GT faster than the average, just to name a few statistics.

palladium yacht starboard side

PALLADIUM Yacht was reportedly bought for US$ 200 million by a Russian oligarch, a Russian businessman who wielded his wealth in the wake of the Soviet Union’s collapse by buying shares in formerly state-run corporations.

The yacht has an estimated annual running cost of US $10-20 million. 

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Humongous $200M superyacht arrives in Vancouver

Alanna Kelly

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A 95-metre superyacht priced at $200 million was spotted cruising through False Creek before docking in North Vancouver. 

Attessa V Yacht was built in 2010 by Blohm and Voss, a German shipbuilding and engineering company. It arrived in Vancouver on Tuesday and moved over to a dock in North Vancouver on Wednesday morning.

AV can entertain 24 guests in 12 rooms and has a crew of 33 people. It features a large swimming pool on the deck, a private movie theatre and a jet pool jacuzzi. 

The superyacht was designed by Michael Leach Design and soars in ’speed and style.’

It costs $10 to $20 million per year to run the yacht.

Website SuperYacht.com lists the owner of the AV as Dennis Washington, an 88-year-old American billionaire whose net worth is listed at US$6.4 billion and is ranked number 397 in Forbes' richest people in the world . 

Washington, from Montana, claims to be ‘self-made’ and owns a copper mining, marine transportation and heavy equipment business, according to Forbes. He is married with two children. In an interview with Forbes.com, Washington said his passion is boats. 

Washington’s network of companies includes Washington Marine Group and Seaspan Shipyards in North Vancouver, where Kyle Washington, Dennis Washington’s son, is executive chairman.

The AV Yacht was previously known as Palladium and is listed as an award-winning superyacht.  It was previously owned by Mikhail Prokhorov, a Russian oligarch and previous owner of the Brooklyn Nets. The yacht drew attention when The Late Show host Stephen Colbert visited Prokhorov on the yacht. 

Superyachts flocking to Vancouver Island

Superyachts flock to B.C. every year. One recently drew attention in B.C.’s capital when a Brazilian billionaire docked in Victoria. 

The 62-metre-long vessel called the Anawa was docked at Ship Point on May 30, clad with its own helicopter on deck. 

Billionaire Jorge Paulo Lemann owns the yacht, according to Superfanyacht.com. Forbes.com says the investor-philanthropist lives in Switzerland and is worth $14.8 billion.

Anawa was custom-designed and built in 2020 by Damen Yachting. It’s one of the company’s SeaXplorer class of vessels, billed as “long-range, luxury expedition” yachts.

It can carry 12 guests and 15 crew plus a captain, Damen said.

Back in 2020, Dallas Cowboys owner Jerry Jones's yacht was spotted in the  waters off Vancouver Island . The "Bravo Eugenia" is worth an estimated quarter-billion dollars.

The superyacht is designed to use 30 per cent less fuel than other vessels of its size and class but it doesn't skimp on amenities. The "Bravo Eugenia" can accommodate 14 guests and 30 crew members and features six guest suites, a beach lounge, spa and gym.

On Tuesday, the AV Yacht wasn’t the only yacht drawing attention. A 32-metre vessel called the Snowbored was passing through False Creek  with the final destination of Galiano Island. 

The Snowbored, built by Westport in 2003, is a 32-metre vessel with a satin cherry wood interior, and a sundeck sporting a hot tub, wet bar, and lounge pads. It also has a fighting chair and rocket launcher for sport fishing, and can launch a Novurania tender and Yamaha waverunners.

In a statement to Glacier Media, the Vancouver Fraser Port Authority says anyone wishing to view the Attessa V in Vancouver's inner harbour area by boat "is urged to ensure they do so from a safe distance." "We love seeing boaters and paddlers out enjoying the waters that make up the Port of Vancouver," says Jason Krott, manager of marine operations and fleet. "Our focus is working with all users to build the awareness and understanding needed to support a safe shared space for recreational and commercial traffic."

To see the inside of the AV superyacht, visit the designer's website .  

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Mikhail Prokhorov’s 94-meter Palladium is one of the most exquisite yachts around today. The name of the yacht is particularily entertaining since Prokhorov was invovled with the company Norilsk Nickel, the world’s largest producer of nickel and palladium.

The yacht is made by the German ship company Yard Blohm + Voss is designed by Michael Leach Design Ltd. London, who is responsible for both the outside styling and the interior design.

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Russian billionaire and former owner of the Brooklyn Nets has sold his 312 feet long superyacht to an anonymous billionaire for $150 million. The vessel comes with a wave generating swimming pool, a dance floor with lasers and cabins with self washing windows.

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A closer look at the superyacht Lionheart offers insight into the lavish life of billionaire Philip Green. From its opulently designed outdoor spaces to its hot tubs, helipad, and roster of celebrities, this $150 million motor yacht is truly a head-turner.

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Impounded in San Diego, sanctioned Russian billionaire’s $325 million Amadea yacht has accumulated $120,000 in docking charges alone. That is just the tip of the iceberg, as a megayacht requires a lot of care, and the upkeep cost alone will run north of $10m a year.

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Keith Gessen: Meet Mikhail Prokhorov

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Being a Russian oligarch these days isn’t easy. The best and brightest of them are in exile or in jail; others, after feasting on leverage during the commodities boom, now have tummies full of debt. Of those still in the game, Mikhail Prokhorov is the richest, with an estimated net worth, according to Forbes , of $9.5 billion. At six-foot-seven, he is also the tallest, though this alone cannot explain the complicated process whereby he appears ready to buy the New Jersey Nets and build a stadium for them in Brooklyn.

Prokhorov is a new name to SportsCenter viewers, but in Russia he is well known as the last of the freewheeling, yacht-riding, model-escorting oligarchs. (Prokhorov is single.) He made his fortune when he and a partner, Vladimir Potanin, won control of Norilsk Nickel, the world’s largest producer of nickel and palladium, in one of the infamous “loans-for-shares” auctions of 1995. (They were infamous because they were rigged.) Prokhorov, however, managed to keep himself out of the news until early 2007, when local authorities arrested him at his favorite French ski resort on charges of procurement of prostitutes. He spent four days in jail before being released without charge, but the repercussions in Russia were serious. Potanin apparently used the opportunity to try to push Prokhorov out of Norilsk Nickel. After a year of increasingly hostile negotiations, Prokhorov sold his share in Norilsk to a third oligarch for a stake in an aluminum giant and about $7 billion in cash. This buyout seemed like the end of Prokhorov’s days as a serious player, until world equity and commodity prices crashed a few months later and he woke up as the richest man in Russia.

But what to do with $9.5 billion? He would be wise to spend it all inside Russia; other oligarchs who have not invested in the motherland have incurred the wrath of the Kremlin. So Prokhorov has funded two expensively produced magazines ( one of them is edited by my sister, Masha Gessen); has continued to support the Mikhail Prokhorov Fund , perhaps Russia’s most innovative cultural foundation (run by his sister, Irina); and has thrown a party in St. Petersburg, aboard the old battleship Aurora, at which, as the English-language edition of Pravda put it, “strong beverages made the guests lose control over themselves. Some of them decided to jump overboard to swim in the Neva River.” Moscow has a popular coffee chain that serves a ten-dollar cappuccino—but even a big man like Prokhorov cannot drink nine hundred and fifty million cappuccinos. So he has begun to look abroad.

This week’s news about Prokhorov and the Nets began circulating as a rumor in Russia in July. How he managed to clear the proposed deal with Putin is unknown. The Moscow-based business journalist John Helmer has somewhat ingeniously speculated that an earlier rumor from the summer, about Prokhorov buying the Italian soccer team Roma, is connected to this: that Silvio Berlusconi asked his friend Putin to find someone to bail out Roma, and that Prokhorov is in fact buying Roma as a condition for being allowed to buy the Nets. Helmer counts up the damage :

$330 million in cash down and pledged money—more than twice what a reasonable man would pay for a football club in a faraway place—in exchange for a permit to spend $700 million on a loss-making basketball team in another faraway place.

Well, perhaps. The ordinarily hyper-sarcastic Russian press, for its part, has been unnervingly straitlaced about the news.

As for Prohkorov, he recently took to his blog to explain the situation to his online fans (and perhaps to some, in higher places, who are not his fans). Earlier this month, the embattled oligarch Oleg Deripaska (who bought Prokhorov out of Norilsk Nickel, and used to be Russia’s richest man), was asked to explain why, as the owner of a failing Russian automaker (GAZ), he was buying a failing German automaker (Opel) from a failing American automaker (G.M.). He suggested in his own defense that GAZ would be able to learn Opel’s engineering secrets. Similarly, Prokhorov argued that, by taking over an N.B.A. franchise, he would be able to help Russian coaches and players study the N.B.A. and bring their knowledge back home, and rejuvenate Russian basketball! Pay no attention, Prokhorov concluded, to the carping of the “pseudo-patriots.”

Prokhorov’s ordinarily docile commenters (“Great post, Mikhail Dmitrovich! Incidentally, I have a business plan I’d like to run by you…”) weren’t buying it.

Why what do you mean, Mikhail, what pseudo-patriots, why pay attention to the opinion of your fellow citizens, who cares, just keep going. You’re a strong, smart person, later on you’ll be able to tell your children or your foreign friends that there was once a country, it was called Russia.

We’ll see. In Norilsk—a city constructed by labor camp prisoners and now so polluted that no vegetation grows within twenty miles of the city center—Prokhorov and his partner had first to remove a stubborn sitting factory director, Anatoly Filatov, before taking over the plant. This took a long time. In the downtown Brooklyn area known as Atlantic Yards, a neighborhood almost equally devoid of vegetation due to the “development projects” of current Nets owner Bruce Ratner, Prokhorov will have to get past the no less stubborn Daniel Goldstein, the man who almost single-handedly has been holding up the construction of the stadium for the past five years . The obvious joke here would be that Prokhorov will make Goldstein an offer he can’t refuse, but, in fact, according to one government official I spoke to recently, back in the mid-nineteen-nineties Prokhorov and his partner couldn’t figure out how to remove Filatov and had to appeal to the government for help. This is unlikely to impress Goldstein. On the other hand, a gift to Brooklyn of the world’s largest trampoline, plus Malevich’s “ Black Square ,” would go a long way.

Update: According to ESPN, it’s a deal .

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Wednesday, December 23, 2009

Mikhail prokhorov, solemar, amels holland, 61.5 metre, 2003.

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Klub Prokhorov

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The Russian Samovar, a recent evening, 10 p.m. Green-shaded lamps throw unappetizing light on platefuls of chicken Kiev; the theater across the street has just disgorged the Jersey Boys crowd. The first of the restaurant’s two floors is hosting a “writers’ cabaret” sponsored by a Moscow-based magazine called Snob. At the white grand piano gifted by Mikhail Baryshnikov, writer Ludmilla Petrushevskaya is belting out a Russian rendition of “Blue Canary.” Venture capitalist Alex Fridlyand, novelist Lara Vapnyar, and software mogul Stepan Pachikov look on between bites. On the second floor, in an unrelated celebration, half the masthead of Moscow’s anti-Putin newspaper Novaya Gazeta (in town for an award) is getting soused with the daughter of the late émigré novelist Sergei Dovlatov. At the upstairs bar, Moscow publisher Andrew Paulson is schmoozing with PR man Ilya Merenzon. A few feet away, n+1 editor Kostya Gessen—you may know him as Keith—and his girlfriend, Emily Gould, are chatting with Very Short List editor Alex Abramovich. Samovar’s owner, Roman Kaplan, bisects the crowd with a carafe of cranberry vodka. By the end of the night he will have drunk a dozen shots of it himself.

The total conflicts of interest I have counted in the above scene: nine. I have worked for three of these people, tried to curry promotional favor with two, publicly feuded with three more, and competed for a woman with one, and that’s not counting all the free vodka from Roman. Such is the very essence of the Russian experience in New York: high-end striving mixed with Appalachian incest.

Then again, it all pales before the main, unspoken bias permeating both floors of the restaurant. Almost everyone at the Samovar tonight owes a little something—from a steady salary to a bite of the chicken to something more abstract—to a man who isn’t here. He is the one footing the night’s bill through Snob —a relatively new entity, set to launch its first New York marketing campaign this fall, that is both a private club uniting some of New York’s most ambitious Russian arrivistes and, in its magazine iteration, one of the world’s most lavishly funded editorial projects. He’s bought us all, to some extent, and a chunk of New York to go with us. At this point, I suspect, you even know his name.

When Mikhail Prokhorov—gangly, boyish, 45, and a billionaire seventeen times over—announced his purchase of the New Jersey Nets and a majority stake of their yet-unbuilt arena at the Atlantic Yards, he leaped into the city’s collective consciousness with a speed unusual for any foreigner, let alone a Russian. The Nets are not a trophy skyscraper, whose ownership ultimately matters only to the kind of people who keep track of trophy skyscrapers. They are a ticket to instant popular-culture importance. By becoming the first foreign owner of an NBA team, Prokhorov simultaneously established himself as a major figure in one of the world’s most glamorous businesses (in the world capital of the sport, no less) and a central player in New York’s biggest real-estate drama after ground zero. The scale of his trick didn’t really hit home until a May 19 breakfast photo op with Mayor Michael Bloomberg and Jay-Z: a perfectly orchestrated tableau of New York relevance. The only other Russian I can think of who has managed to slip into the city’s cast of notable characters as effortlessly is Mikhail Baryshnikov. But that’s where the comparison ends. Prokhorov is the face of an altogether new kind of Russian—newer, even, than the so-called New Russians of the late nineties—that’s recently been proliferating in town. Through Snob, he’s also the group’s chief benefactor and facilitator, both a member of the tribe and, in a critical sense, its creator.

The Russian community in New York used to come in four distinct varieties, arrangeable, like single malts, by casking date. There were heirs of exiled Czarist-era blue bloods, paper-skinned, cradling their titles; you’ve probably met one if you ever took a ballet class. Next up were Soviet immigrants of the seventies, the generation of Joseph Brodsky that would never let you forget their plight. Then came the “sausage immigration” of the nineties, mostly Jewish, mostly provincial, seduced less by freedom than by comfort yet squeaking in on political-refugee papers: More than 60,000 came to the U.S. in 1992 alone. Finally, there were the latest arrivals, treating New York as a prize for having made it in Moscow: the cocky, scowling post-Soviet oligarchs and Fifth Avenue shoppers with their endlessly mockable excesses.

The Global Russians, as Snob calls the group, are crystallized from all of the above. Broadly speaking, the term indicates a combination of Russian culture and language with Western education, a well-stamped passport, and liberal Western views. The category is big enough to encompass a second-generation novelist, a fashion designer who arrived here at the age of 5, a businessman swinging by for a conference, and an NBA team owner. They’re not interested in the Russian ghetto of Brighton Beach or the Russian assimilated culture in Fair Lawn, New Jersey. They’re dismissive of the nouveau riche shoppers and clubbers. They think they’re better than those others are. They’re consumed by cosmopolitanism and all it entails. They strive, they snub; they are, by any definition, snobs. By the way, I am kidding no one with this “they” business. I’ve been here since 1998, English is my second language, and simple honesty prevents me from pretending I don’t want some small version of the same.

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The Global Russian influence is all over contemporary New York, in motley variations. In real estate, diamond mogul Lev Leviev, a reputed friend of Putin’s, owns the lion’s share of the old New York Times Building, the citadel-like Apthorp apartment complex, and the MetLife clock tower. Vassily Anisimov leased dormitories to NYU. Tamir Sapir, who was born Temur Sepiashvili in Georgia and made his first fortune in New York selling VCRs and other electronics (and also securing oil contracts from former Soviet diplomats), has $2 billion in active development projects; his hard-partying son, Alex Sapir, and daughter, Zina Sapir-Rosen, have bankrolled a few of Donald Trump’s latest ventures, including the Trump SoHo condo-hotel. Hotels seem to be especially appealing: The Gansevoort and 60 Thompson, as well as some of André Balazs’s properties, are rumored to have Russian backing. Muscovites have made their homes or pieds-à-terre at the Plaza, the Time Warner Center, and 15 Central Park West. Edward Mermelstein, a Ukrainian-born real-estate lawyer specializing in massive deals for Eastern European clientele, handled about 120 Russian closings in New York over the last three years. Before the financial crisis, the average price was between $7 million and $10 million, with the top end in the stratospheric $30 million to $40 million range. Then, of course, there’s airport mogul Valery Kogan, whose ultimately aborted attempt to build one of the largest mansions in Greenwich (complete with 26 toilets) fueled the Connecticut enclave’s gossip mill for years. As for the Russian contributions to Wall Street, they tend to be low-profile: There’s an enormous number of people with Soviet math educations who work on the analytical side at places like Goldman Sachs. Some, like Ruvim Breydo, parlay their skills into hedge-fund fortunes. Others toil anonymously, and when we do hear about them—like computer programmer Sergey Aleynikov, who allegedly swiped Goldman’s proprietary trading software—it’s rarely good news.

In the world of art, the main seat of Russian influence is the Guggenheim. Moscow-based oligarch Vladimir Potanin sits on its board of trustees. So did socialite and developer Janna Bullock, until recently. Phillips de Pury, the world’s third-largest contemporary-art auction house, is now owned by the Russian luxury retailer Mercury Group. It is currently getting ready to move into a 25,500-square-foot space at 450 Park Avenue, to compete more directly with Sotheby’s and Christie’s—both of which have dedicated Russian-art divisions. So does Larry Gagosian’s empire, which has recently added a sophisticated operation devoted to Russian outreach.

‘Snob’ is “a multistep strategic game by Prokhorov, who wants to feed and domesticate a certain kind of Establishment to lean on it for support later.”

With the exception of the modernist Ilya Kabakov, the Russians in the gallery game tend to crowd on the buyers’ side; in the performing arts, however, they’re the product. The American Ballet Theatre company is 25 percent Russian (four out of sixteen). Russian names dot the program notes at the New York Philharmonic, where conductor Valery Gergiev has been a regular presence. In pop, there are Regina Spektor and Gogol Bordello’s Eugene Hütz, of the Bronx and the Lower East Side respectively, both plying very different but very Russian good-girl and bad-boy personas.

The literary scene is a fiefdom ruled by novelist Gary Shteyngart, 37, probably the most successful New York novelist in the under-40 bracket. (His main rival for that title, Jonathan Safran Foer, can be seen as an interesting case of a wannabe Russian, an Updike to his Roth.) Shteyngart came to Queens from what was then Leningrad at the age of 7 and, by his own recollection, lost the last trace of his accent by 14. He could have easily disappeared into the American workforce, he says, and nearly did. “Once we figure out the dress code, we look like everyone else,” he tells me over a vodka-and-tonic, the ultimate Russian-American drink if you think about it. “Plus most of us are Jewish anyway.” He parlayed this identity tension into two best-selling novels, The Russian Debutante’s Handbook and Absurdistan. His upcoming third, the futuristic satire Super Sad True Love Story, marks a tentative step away from the Russianness (although the protagonist’s name still ends in -ov).

Shteyngart’s ascent opened the floodgates for Russian-identified New York writers of every possible pedigree, age, and talent level. In a literary climate that puts a premium on authentic immigrant experience, they had the best of both worlds. They were sufficiently exotic but easily relatable. Russia gave them mystery, New York (and Jewishness) gave them a place on the Roth-Malamud-Lethem continuum. The flood of Russian names recently released into American letters includes Gessen and his sister Masha, Vapnyar, Olga Grushin, Anya Ulinich, Irina Reyn, Mark Budman, Sana Krasikov, Sofka Zinovieff, Elena Gorokhova, Ilana Ozernoy, Alina Simone—and the book deals keep coming. At the same time, Russian-born writers began popping up on the other side of the equation, as book reporters and reviewers (Alexander Nazaryan, Leon Neyfakh, this magazine’s Boris Kachka), lit-mag publishers (Keith Gessen again), and agents (Jim Rutman of Sterling Lord). It’s as if there were a whole colony of Russian writers biding their time until the industry deemed them worthy. I’m going to switch from “them” to “us” once again, because I am myself a beneficiary of this development. I published a novel last year. It was blurbed—like Ulinich’s and Vapnyar’s—by Shteyngart.

Each of these groups has found its own watering hole. The art collectors roost at Sant Ambroeus on Madison. The finance crowd took a liking to Mari Vanna on 20th, near Park (the only restaurant in New York that’s actually a franchise of a Russian eatery). The barely-of-drinking-age set descends on Keith McNally’s Pravda, the only Russian-themed spot in town they deem unembarrassing (the nearby KGB Bar and the theater district’s FireBird are inexplicably regarded as “fake”). And assorted oligarchs have discovered the Waverly Inn: On a recent evening, former mining magnate Oleg Baibakov (with a young date) and Alexander Lebedev, the Aeroflot mogul who owns London’s Evening Standard and the Independent, were seen there independent of each other. (Ten years ago, this would have been a clear sign that the spot is toxic. It’s a testament to the Global Russians’ status that it’s not.) Online, groups of Global Russians are forever forming semi-secret societies. A few recent attempts included Nash Krug (Our Circle); CluMBA, catering to Russian banker types (its name means “flower bed” but also puns on both club and MBA); and Baby v Zakone, a female-lawyer group with a name roughly translatable as “Broads in Law.” The Samovar is as close to a clubhouse as this disparate, roving band has, but lately the role of the virtual clubhouse is being assumed by Snob. All sorts of people named in the last several paragraphs either belong to the club, contribute to the magazine, or have been profiled by it.

It was the girls, in a way, that made Mikhail Prokhorov into Russia’s second- richest man. Back home, his reputation as a playboy had been sealed in the mid-aughts. He was known for descending on Moscow’s wildest nightclubs with Gosha Kutsenko, a bald-headed, mildly freakish Russian film star he had befriended, with packs of coltish young things in tow. “It used to be that you go to certain clubs,” recalls one Muscovite, “and if at some moment about fifteen barely legal girls show up all at once, you could tell that Prokhorov is about to stop by.”

In January 2007, partying in Courchevel, he was briefly detained by the French police on suspicion of having flown in a planeful of alleged prostitutes for the party’s guests. Prokhorov was cleared of any wrongdoing, but the incident apparently upset Vladimir Potanin, Prokhorov’s longtime partner in his primary cash cow, Norilsk Nickel. In April 2008, the now-former friends split, and Prokhorov sold his Norilsk shares to another oligarch, Oleg Deripaska. His timing was downright charmed. Less than three months later, the financial crisis hit Russia. When the dust cleared, Norilsk’s stock had dropped 80 percent, Deripaska was $24.6 billion poorer, and Potanin lost a fortune, too. Prokhorov, meanwhile, was sitting on billions in uninvested cash—the best kind of investment in the chaos of late 2008.

Since then, Prokhorov’s interests have varied wildly. He has invested in low-cost hybrid cars, nanotechnology, and banks. He seemingly flirted with the governorship of a far-flung Russian province (Russian governors are appointed by the Kremlin, not elected), establishing tax residence in a tiny Siberian village. In 2009, Russia’s then-richest man paid his income tax—16 billion rubles, or roughly $550 million—out of snowy Yeruda, population 2,300.

Prokhorov’s interest in the Nets appears sincere enough. His father was a Soviet sports official, and Prokhorov is the head of the Russian Biathlon Union (he attended the Vancouver Olympics in that capacity). He played basketball himself in high school—because he was six-eight, it was practically an imperative—and invested in Moscow’s CSKA professional team before turning his attention westward. Prokhorov has already floated a $12 million to $15 million offer to Duke coach Mike Krzyzewski, openly plans to court LeBron James and other top free agents, and during his recent visit to the city promised to bring the team a “championship in five years.” He also hopes to raise the sport’s profile back in Russia and perhaps groom future stars there.

And yet buying the Nets and their arena was clearly a real-estate play as well. Prokhorov had already established himself as a major figure in the New York property market before the Atlantic Yards deal. In 2008, after developer Harry Macklowe defaulted on a $513 million loan from Deutsche Bank AG, the super-liquid Prokhorov swooped in and offered to buy the Park Avenue site in question for $250 million. “Guys like Prokhorov,” says a source who’s seen the bid, “are always looking to get in at opportunistic prices. They make extremely low offers that also happen to be all cash, which locals don’t do.” By the time Prokhorov turned his attention to Bruce Ratner’s Atlantic Yards, the project was in almost as much trouble as Macklowe’s. Only the infusion of Russian cash raised it from a coma.

Not all of Prokhorov’s investments can be explained by rational self-interest. Another set of projects invariably bears the hallmark of his older sister, Irina, a patron of arts and literature. In private life, Mikhail and Irina form an unusual, closed-off unit. Until recently, they lived together in a relatively small Moscow apartment, well after Mikhail had become a billionaire. “He’s got one overriding complex,” says a person familiar with both. “He’s not as smart as his sister, and he wants her approval.” Most likely at Irina’s urging, Mikhail has endowed a lavish literary award, a publishing house, an arts festival, and, finally, Snob. “WHAT CAN RUSSIANS do for the rest of the world?”

Gregory Kegeles, Snob ’s director of U.S. business development, wearing wire-rim glasses and a brown corduroy blazer, sips chamomile tea and lets the phrase sink in. We’re at Think Coffee on Mercer, his favorite place in his favorite city.

The pithy question is Kegeles’s idea for the centerpiece of Snob ’s New York marketing campaign, set to hit the city in September. In London, the only place outside Russia where Snob has attempted such a promotional effort, the push was a bit of a disaster. Snob simply bought up billboards in the Underground and elsewhere and slapped Russian-language ads on them, perplexing Brits and embarrassing local Russians. It looked exactly like something a dizzy nouveau riche would do. For New York, Kegeles imagines something that New Yorkers could actually use, something that speaks to Snob’ s globalist brand, and something that shows that the Russians actually understand contemporary New York (and in English this time). A giant video chat, set up right on the street, that lets New Yorkers, Londoners, and Muscovites speak to one another? Sponsoring some benches in the High Line park? Free Nets tickets?

Even by the pre-crash standards of magazine publishing, Snob is an extravagantly well-funded undertaking. Prokhorov financed its launch with $150 million. By comparison, Condé Nast’s Portfolio, the splashiest magazine launch of the last decade, had about $120 million to play with. Snob employs about 120 people and keeps offices in Moscow and London as well as a so-far more modest New York outpost, in a “green” rent-an-office building in Dumbo. The magazine itself might as well be printed on dollar bills: The stock is luscious, the photo stories ripped from the walls of the prestigious Yossi Milo and Yancey Richardson galleries, the editorial purse big enough for pre-U.S.-publication exclusives like a chunk of Nabokov’s The Original of Laura or of Shteyngart’s Super Sad True Love Story, for that matter. Each issue has three covers and comes locked inside a cardboard shell readers are supposed to rip off in a process the magazine’s staff calls “defloration.” U.S. club members get it hand-delivered by DHL.

When Snob ’s creation was announced in 2008, the world assumed it would be a glossy paean to the world’s longest yachts or something, a Slavic striver’s version of the Robb Report with the barest hint of self-awareness in the title. In reality, it was more of a Monocle : a thoughtful, moderately smug house organ of the Global Russian community. snob was actually an acronym of sostoyavshiisya, nezavisimyi, obrazovannyi, blagopoluchnyi (accomplished, independent, educated, thriving). Only the last word of the four hinted at wealth. Lately, under deputy editor Masha Gessen, the project even made a turn toward social activism, battling, for instance, the Putin administration’s revisionist sugarcoating of Joseph Stalin.

The Global Russian “aggressively adopts traits of other cultures without betraying his own. He cooks like a Frenchman, entertains like an American, and forms friendships like a Russian.”

The magazine’s idea was not Prokhorov’s. To hammer it out, he tapped Vladimir Yakovlev, the legendary former editor of the business daily Kommersant and, back in the early nineties, the coiner of the term New Russians, which, Yakovlev tells me, was meant as a compliment, before it came to signify a boor in a burgundy club jacket demanding colder vodka in St. Barts. Yakovlev was fresh off a multiyear stint seeking enlightenment in various exotic locations. His travels seem to have helped him come up with the idea to target the worldwide Russian diaspora as a sophisticated, interconnected demographic. The Global Russian is “a particular breed shaped over the last fifteen years,” says Masha Gessen, from a treadmill, in flawless English (she is the author of four American nonfiction books). “It used to be that when you left Russia, you left forever—to become a proper American, a proper Englishman, etc. The Global Russian aggressively adopts traits of other cultures without betraying his own. Two years ago, when I was writing up a portrait of our imaginary ideal audience member, I wrote that he ‘cooks like a Frenchman, entertains like an American, and forms friendships like a Russian.’ ”

The masterstroke of the original concept was that Snob would simply create this audience as it went along, by pumping money into club members’ own projects: exhibits, films, even mild political activism. Among Russians, even those connected with the project, this largesse bred instant suspicion. Stepan Pachikov, creator of the popular idea- and photo-archiving app Evernote and a member of the club’s New York chapter, sums up the prevailing conspiracy theories: “It’s either a Kremlin initiative designed to get all the liberal opposition types in one place and have them let off steam in controlled conditions, or else it is a multistep strategic game by Prokhorov, who wants to feed and domesticate a certain kind of Establishment to lean on it for support later.”

It’s unclear whether Prokhorov wants to be a media mogul per se; he’s emphatically not interested in competing with any of his Western counterparts or entering the English-language publishing fray. If he wanted to, he’d probably do what Lebedev, the owner of the London Evening Standard and The Independent, did. There are certainly enough distressed media properties to choose from.

But turning a profit—something Snob isn’t likely to do anytime soon—seems far from Prokhorov’s mind (the money expended on Snob, as one New York club member acidly points out, is “just a rounding error” for him). But profit isn’t everything. Prokhorov’s endgame is to buy himself cultural and intellectual credibility on a massive scale and to will into existence, and lead, a group of the globalized world’s Russian-speaking elites.

My own involvement with Snob began in the summer of 2008. The phone rang at an ungodly hour, as it always seems to when Moscow is on the line. “We’re starting a club for distinguished Russians around the world,” said a chipper young woman, “and we immediately thought of contacting you.”

“Oh, wow,” I said, taken aback. “I am really flattered. Wow. No, really.”

The woman held a pause. “Because you seem to know a lot of them,” she concluded. “So we thought you’d make a good New York scout.”

I said something horribly snooty and hung up. Only this seems to have intrigued someone, not put them off, because two months later I was offered membership in the club. In another year, my wife was on the magazine’s staff. By then, Snob had become an inescapable conversation topic in my world. They seemed to have contacted everyone around me at once. Photographers, reporters, fashion designers, advertising people, poets. The weird thing was that they knew everyone. For the first time in who knows how long, Russian New York felt like a legitimate outpost of Moscow, not some sort of fun-house mirror of it. Before long, I had a column on snob.ru , waxing New York–y about things like the High Line and Woody Allen’s latest.

Have I sold out to Prokhorov? Sure I have. And not just by joining his club or working for his magazine. Simply by writing these lines, I’m helping him accomplish his trick by promoting the group he’s so bent on creating. But then I think of that picture of Prokhorov with Mayor Bloomberg and Jay-Z, and it brings to mind a similar photo, one that I apparently committed to memory. It’s a seventies shot of Baryshnikov lolling on a Studio 54 couch, sandwiched between Steve Rubell and Mick Jagger. In most respects, Prokhorov and Baryshnikov couldn’t be more different. But seeing the two Russians flanked by such iconic New York figures had the same effect on me. It’s a bit embarrassing to admit—maybe even a little snobby. But both pictures helped make me feel like I belong in New York, like my life, and those of my countrymen, is bigger somehow than it was back home. Isn’t that why we all seem to end up here?

See Also: A Selective Survey of Russians in New York

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Page Six finds partying Prokhorov on his yacht Palladium

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prokhorov yacht

Remember back in 2010 when “60 Minutes” Steve Croft asked Mikhail Prokhorov the location of his $45 million yacht, Solemar, and he said he didn’t know?! He gets seasick, he told Croft. So he doesn’t use it much. ( We helped him find it)

It was a signature moment in his introduction to the NBA.

Since then, the Nets majority owner has moved up in the yachting world with Palladium, a $230 million number often found plying Mediterranean waters from Izmir to Ibiza. (He’s also moved up in the air, going from a Gulfstream V to an A319 Airbus... as one does.)

Now, Page Six reports the Russian oligarch and Palladium have been spotted “floating around” Palma on the Spanish island of Majorca checking out the King’s Cup sailing regatta.

The Post reports...

The mogul “arrived with a large entourage on his yacht,” said a source, adding, “Russian models were spotted getting off the ship’s dingy.” Prokhorov was seen enthusiastically cheering on the racers.

At the least.

Palladium features a pool, Jacuzzi and private theater. And you can lease the 315-footer and invite 15 of your closest friends to join you.

We didn’t ask about the price.

The Unique Burial of a Child of Early Scythian Time at the Cemetery of Saryg-Bulun (Tuva)

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Pages:  379-406

In 1988, the Tuvan Archaeological Expedition (led by M. E. Kilunovskaya and V. A. Semenov) discovered a unique burial of the early Iron Age at Saryg-Bulun in Central Tuva. There are two burial mounds of the Aldy-Bel culture dated by 7th century BC. Within the barrows, which adjoined one another, forming a figure-of-eight, there were discovered 7 burials, from which a representative collection of artifacts was recovered. Burial 5 was the most unique, it was found in a coffin made of a larch trunk, with a tightly closed lid. Due to the preservative properties of larch and lack of air access, the coffin contained a well-preserved mummy of a child with an accompanying set of grave goods. The interred individual retained the skin on his face and had a leather headdress painted with red pigment and a coat, sewn from jerboa fur. The coat was belted with a leather belt with bronze ornaments and buckles. Besides that, a leather quiver with arrows with the shafts decorated with painted ornaments, fully preserved battle pick and a bow were buried in the coffin. Unexpectedly, the full-genomic analysis, showed that the individual was female. This fact opens a new aspect in the study of the social history of the Scythian society and perhaps brings us back to the myth of the Amazons, discussed by Herodotus. Of course, this discovery is unique in its preservation for the Scythian culture of Tuva and requires careful study and conservation.

Keywords: Tuva, Early Iron Age, early Scythian period, Aldy-Bel culture, barrow, burial in the coffin, mummy, full genome sequencing, aDNA

Information about authors: Marina Kilunovskaya (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Vladimir Semenov (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Varvara Busova  (Moscow, Russian Federation).  (Saint Petersburg, Russian Federation). Institute for the History of Material Culture of the Russian Academy of Sciences.  Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail:  [email protected] Kharis Mustafin  (Moscow, Russian Federation). Candidate of Technical Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Irina Alborova  (Moscow, Russian Federation). Candidate of Biological Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Alina Matzvai  (Moscow, Russian Federation). Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected]

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  5. PALLADIUM Yacht • Mikhail Prokhorov $200M Superyacht

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COMMENTS

  1. PALLADIUM Yacht • Mikhail Prokhorov $200M Superyacht

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    Dive into the life of Mikhail Prokhorov, a Russian oligarch and billionaire. Explore his journey from Norilsk Nickel to the Brooklyn Nets and his influential role in Russian politics and global business. His net worth is $11 billion. He was the owner of the yacht Palladium.

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  10. Haute Yacht of the Week: Palladium

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    Russian billionaire, playboy Mikhail Prokhorov, owned the stunning Palladium yacht-Billionaire businessman Prokhorov is no stranger to the finer things in life, and his superyacht was one such possession.The tycoon, worth $11.3 billion today, owed most of his wealth to metals giant Norilsk Nickel, the world's largest producer of nickel and Palladium.

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    The yacht also features both outdoor and indoor cinemas.Constructed with steel and aluminum, Eternal Spark is powered by twin CAT C32 engines, achieving a top speed of 16.5 knots and a range of 5,000 nautical miles at a cruising speed of 12 knots.Bilgin Yachts is a boutique shipyard on the European side of Istanbul, building 50 to 120m luxury ...

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    Prokhorov is currently the richest man in Russia and the 40th richest man in the world according to the 2009 Forbes list with an estimated fortune of $9.5 billion. Career In 1989, Prokhorov graduated with honors from the Finance Academy under the Government of RF, known at the time as the Moscow Finance Institute.

  15. A Look Inside the Life of Billionaire Nets Owner Mikhail Prokhorov and

    Prokhorov's interest in the Nets appears sincere enough. His father was a Soviet sports official, and Prokhorov is the head of the Russian Biathlon Union (he attended the Vancouver Olympics in ...

  16. Page Six finds partying Prokhorov on his yacht Palladium

    The mogul "arrived with a large entourage on his yacht," said a source, adding, "Russian models were spotted getting off the ship's dingy." Prokhorov was seen enthusiastically cheering ...

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    Estimated to be worth $200 million, the AV Yacht's annual running costs are thought to be around $20 million. The yacht caught media attention when US comedian and The Late Show host Stephen Colbert visited Mikhail Prokhorov in Russia and discussed the yacht and his lifestyle. Stepping Inside the Luxurious AV Yacht

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  19. Elektrostal

    In 1938, it was granted town status. [citation needed]Administrative and municipal status. Within the framework of administrative divisions, it is incorporated as Elektrostal City Under Oblast Jurisdiction—an administrative unit with the status equal to that of the districts. As a municipal division, Elektrostal City Under Oblast Jurisdiction is incorporated as Elektrostal Urban Okrug.

  20. The Unique Burial of a Child of Early Scythian Time at the Cemetery of

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  21. Moscow Oblast

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  22. Dennis Washington is the Owner of the Yacht AV

    The yacht was built as Palladium for Mikhail Prokhorov. Mention SuperYachtFan When Sharing This Information. When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support. ...

  23. Elektrostal

    Elektrostal, city, Moscow oblast (province), western Russia.It lies 36 miles (58 km) east of Moscow city. The name, meaning "electric steel," derives from the high-quality-steel industry established there soon after the October Revolution in 1917. During World War II, parts of the heavy-machine-building industry were relocated there from Ukraine, and Elektrostal is now a centre for the ...