Oleg Deripaska Assets: Luxury Apartments, Aircrafts, Yachts and Superyachts of  $3.2 billion

Overview of Oleg Deripaska

Born on January 2, 1968, Oleg Deripaska is a Russian billionaire and oligarch who amassed his wealth through the privatization of state-owned assets following the collapse of the Soviet Union. Notably, he founded Basic Element, a major Russian industrial group, and Volnoe Delo, the country’s largest charitable foundation.

Oleg Deripaska Assets interests span diverse sectors, including aluminum, energy, construction, and agriculture. Some key aspects of his career and background include:

Education: Deripaska holds a degree from Moscow State University and has pursued studies at the Plekhanov Russian Academy of Economics.

Business Ventures: As the founder of RUSAL, the world’s second-largest aluminum company, Deripaska served as its president until 2018. Additionally, he played a role in the energy company En+ Group.

Political Connections: Known for his close ties with Russian President Vladimir Putin, Deripaska’s relationship with Putin faced strain in 2009. This tension arose when Putin visited a stalled cement factory owned by Deripaska, expressing dissatisfaction with its management.

Philanthropy and Leadership Roles: Beyond business, Deripaska is actively involved in charitable activities. He holds positions such as vice president of the Russian Union of Industrialists and Entrepreneurs, chairman of the executive board of the Russian national committee of the International Chamber of Commerce, and a member of the Competitiveness and Entrepreneurship Council—an agency of the Russian government.

Personal Life and Legal Challenges: Deripaska, formerly married to Polina Yumasheva, the daughter of former President Boris Yeltsin’s chief of staff, went through a divorce in 2018. In recent years, he has faced legal challenges, including U.S. sanctions over allegations of evading sanctions and obstructing justice. In 2022, a U.S. lobbying firm faced indictment for attempting to garner international support to sever Deripaska’s control of Rusal.

Read more: Russian Oligarch Oleg Deripaska Challenges Australian Sanctions in Court 2023 (russianoligarchs.com)

Diverse Portfolio of Oleg Deripaska Assets

Luxury Apartment of Oleg Deripaska

Oleg Deripaska possesses a portfolio of opulent residences worldwide, spanning the United States, the United Kingdom, Montenegro, and Cyprus. Among his notable properties are:

1. A five-story residence on New York’s Upper East Side at 11 East 64th St, was acquired for $42.5 million in 2008 via Vesta International LLC, based in Delaware.
2. A three-story townhouse in Manhattan’s West Village at 12 Gay St, secured for $4.5 million in 2006 through Lucina International LLC, based in Delaware.
3. A lavish 12,000-square-foot mansion boasting 7 bedrooms and 11 bathrooms near Embassy Row in Washington, D.C.
4. A residence at 5 Belgrave Square in London’s Belgravia, featuring 7 bedrooms, a home cinema, gym, and Turkish steam bath, acquired through Ravellot Limited, based in the British Virgin Islands.
5. An adjoining “mews house,” originally intended for estate staff, with 4 bedrooms and 2 garages.
6. A sprawling hilltop estate on the Adriatic coast in Kotor, Montenegro, comprising two neoclassical marble palaces, olive groves, and a swimming pool. Acquired through Advance Management Corp, based in the British Virgin Islands.
7. A villa in Paphos, Cyprus, complete with a swimming pool.

Oleg Deripaska’s ownership of these luxurious properties has been marred by controversy and legal disputes. In 2018, the US government seized his Upper East Side mansion in New York as part of sanctions against him. In 2022, a London mansion, believed to be his, faced occupation by squatters, leading to its subsequent seizure by the UK government under imposed sanctions.

Aircraft and Helicopters of Oleg Deripaska

Oleg Deripaska possesses a significant collection of private jets and helicopters.

Forbes has pinpointed 26 private jets and 10 helicopters linked to 15 Russian-born billionaires under sanctions, with Deripaska among them.

In 2018, facing US sanctions, Deripaska relinquished three leased private jets.

While these aircraft primarily serve Deripaska’s business travels, he has faced accusations of using the US financial system to back them, potentially violating sanctions.

Read Also: Deripaska Oleg: Tale of Wealth and Controversy 2023 – Russian Oligarchs

Yachts and Superyachts

Deripaska Oleg owns several luxury yachts and superyachts, which are as follows :

Clio Yacht

The Clio Yacht, formerly Queen M, stands as a breathtaking maritime masterpiece, spanning an impressive 73 meters (238 feet). Crafted by the renowned Lurssen Yachts in 2004, this vessel is a testament to the design brilliance of Espen Oeino and the opulent interiors envisioned by Eidsgaard Design. With the capacity to host 18 guests in 9 sumptuous cabins, attended to by a proficient 21-member crew in 10 cabins, the Clio promises a seamless yachting experience.

Fueled by two MTU engines, it gracefully cruises at 16 knots, reaching a top speed of 18 knots and offering an impressive range of 5,000 nautical miles. Noteworthy is the presence of a 60-meter support vessel named Sputnik, skillfully constructed by Boustead Naval. Presently owned by Russian billionaire Oleg Deripaska, the Clio Yacht boasts an estimated value of $65 million, with annual operating costs ranging from $4 to $7 million. Despite its change from Queen K to Clio, this maritime gem remains firmly in Mr. Deripaska’s possession.

Tango, the extraordinary 78-meter superyacht, was masterfully crafted by Feadship Van Lent in 2011 and showcases the brilliant design work of Eidsgaard Design. Featuring a striking white hull and metallic gray superstructure, Tango is a pinnacle of modern luxury and style. Propelled by four MTU engines, she can reach a top speed of 22 knots, and with a range of over 5,000 nautical miles, she marries performance with elegance.

Designed by the renowned UK-based studio Eidsgaard Design, her exterior represents a fusion of innovation and aesthetics. Inside, the luxurious, yet unseen, interiors created by Harrison Eidsgaard offer accommodation for 14 guests in seven cabins, while a dedicated crew of 22 ensures impeccable service. Owned by Russian billionaire Deripaska Oleg, Tango’s legacy is shadowed by recent legal issues, as Spanish authorities, acting on a US request, seized the yacht in April 2022. Allegations of bank fraud and money laundering have arisen, claiming that shell companies were used to conceal Vekselberg’s interests in the yacht, though her status as a remarkable Feadship superyacht endures amid the ongoing legal dispute.

Also Read: Oleg Deripaska: A Controversial Russian Oligarch Report 2023 (russianoligarchs.com)

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