Superyacht Nirvana Owned by Sanctioned Billionaire Vladimir Potanin Docked in Dubai
Superyacht Nirvana, owned by sanctioned Russian billionaire Vladimir Potanin was found docked in Dubai on June 28, 2022.
Due to the ongoing Russia-Ukraine War, many countries have eyes on Russian Billionaires and their assets and are constantly imposing sanctions on the country in order to cut down their economy, eventually putting an end to this war.
Superyacht Nirvana: Key Features
Crafted by yacht builder Oceanco and envisioned by the distinguished designer Sam Sorgiovanni, this magnificent vessel boasts an opulent interior capable of hosting 12 discerning guests, all tended to by a dedicated crew of 27.
The impressive value of this yacht stands at a remarkable $120 million, underscoring its unparalleled combination of luxury and craftsmanship.
Stretching an impressive 88.5 meters (equivalent to 290 feet), this vessel encompasses six decks. Its aesthetic is defined by a sleek navy blue hull complemented by a pristine white superstructure and an elegantly flared bow, embodying the epitome of maritime elegance.
The yacht showcases a resplendent 7.5-meter counterflow pool, a unique terrarium designed to house exotic reptiles, and a six-person lift.
Superyacht Nirvana found in Dubai
The yacht was named blocked property, which essentially means it is a frozen asset, and American individuals and companies are prohibited from engaging in business with or otherwise providing services related to the asset.
The yacht was reportedly located in Dubai on June 28, 2022, along with other superyachts like Madame Gu, belonging to magnate Andrei Skoch.
Who is Vladimir Potanin?
Vladimir Potanin, a renowned Russian billionaire, amassed his fortune through the controversial loans-for-shares program in Russia during the tumultuous early to mid-1990s. Born on January 3, 1961, in Moscow, he is the offspring of a trade diplomat and a medical professional.
Potanin currently holds the esteemed position of president and stands as the most significant shareholder at Nornickel, a global leader in palladium and refined nickel production. His holding company, Interros, maintains a substantial 36% ownership stake in Nornickel, solidifying his pivotal role in the worldwide industrial metals market. Additionally, Potanin serves as the president of Norilsk Nickel, the world’s foremost producer of high-quality nickel.
A member of the Russian Union of Industrialists and Entrepreneurs (RSPP), he was part of a lobby group that presented an alternative cryptocurrency regulation proposal to Prime Minister Dmitry Medvedev in October 2018.
Potanin is notably the sole Russian individual to have pledged to The Giving Pledge, committing to donate a minimum of half of his wealth to charitable endeavours. Moreover, he gained prominence for his substantial $2.5 billion investment in the development of the Rosa Khutor ski resort, snowboard park, and freestyle skiing centre for the 2014 Olympics.
In December 2022, Potanin faced sanctions from both the United States and the United Kingdom as a consequence of the Russian invasion of Ukraine.
Why was Vladimir Potanin sanctioned?
The yacht was delivered to Potanin. However, in December 2022, the US State Department sanctioned Potanin, his wife, and two of his family members, as well as his company, Interros, due to his ties to the Russian government.
As a result, the Nirvana yacht was named blocked property, which essentially means it is a frozen asset, and American individuals and companies are prohibited from engaging in business with or otherwise providing services related to the asset.
FAQ – Superyacht Nirvana
Q.1 Who owns the Superyacht Nirvana?
Russian billionaire businessman Vladimir Potanin owns the superyacht Nirvana.
Q.2 What are the features of the Superyacht Nirvana?
The Superyacht Nirvana is 88.5 metres (290 feet) long, has 6 decks, and features a sleek navy blue hull, a white superstructure, and a slightly flared bow. It has a 7.5-metre counterflow pool, a terrarium for exotic reptiles, and a six-person lift. The interior can accommodate 12 guests and a crew of 27.
Q.3 What happened to the Superyacht Nirvana in December 2022?
The US State Department sanctioned Vladimir Potanin, his wife, and two of his family members, as well as his company, Interros, due to his ties to the Russian government. As a result, the Nirvana yacht was named as blocked property, which essentially means it is a frozen asset, and American individuals and companies are prohibited from engaging in business with or otherwise providing services related to the asset.
