It used to be cool to be a Russian Oligarch. But not anymore. Used to be an oligarch could sail confidently into any port in the world with a multi-million-dollar super yacht and be King of the World. But not anymore. And, as The Beatles predicted, “you don’t know how lucky you are boy” (if an Oligarch) to be “back in the U.S.S.R.”

Since Russia’s invasion of the Ukraine, assets of billionaire oligarchs (particularly super yachts) have become targets to be seized and confiscated no matter where they are in the world … except of course Russia.