- cross-posted to:
- news@beehaw.org
- cross-posted to:
- news@beehaw.org
Former Russian President Dmitry Medvedev, now deputy chair of Russia’s Security Council and a vocal critic of Western nations, has reportedly purchased a 3.5-million-pound (USD4.4 million, EUR4.2 million) luxury yacht manufactured in the United Kingdom.
The vessel, named Hurry Up, was produced by Plymouth-based Princess Yachts in 2024 and imported into Russia through a foundation allegedly linked to Medvedev, according to the investigative outlet The Insider.
The foundation, known as the Foundation for the Support of National Maritime Programs, facilitated the import through a related company, documents reveal.
The foundation is headed by Dmitry Ustratov, an associate of Ilya Yeliseyev, a long-time confidant of Medvedev and overseer of his financial interests.
[…]
3.5million pounds. I thought the pay of Russian presidents was better then that.
Bunch of frozen assets and the Ruble being 1¢ on the US$ might have crimped his buying power.
That’s 474M RUB at the current exchange.