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Luxury Yachts Under 2 Million

When you hear the words “luxury yacht,” you might assume they are unaffordable, but that’s not always the case. While some yachts can cost tens of millions of dollars, there are still excellent options available under 2 million. In this essay, we’ll explore what makes a luxury yacht, how to choose one, and some incredible options available in the market today.

What Is a Luxury Yacht?

A luxury yacht is more than just a vessel for sailing the seas. It’s a symbol of wealth, status, and extravagance. A yacht is not a necessity but a luxury, and it’s designed to provide the utmost comfort, entertainment, and relaxation for its passengers. A luxury yacht is a way to escape the stresses of everyday life and immerse oneself in the beauty of the ocean.

What Makes a Yacht Luxurious?

Several factors contribute to a yacht’s luxury status, including the following:

• Size: Luxury yachts are large and spacious, with ample room for entertaining guests and accommodating crew members.
• Design: The exterior and interior of a luxury yacht are carefully crafted to provide an elegant and sophisticated atmosphere.
• Amenities: Luxury yachts come equipped with high-quality amenities such as hot tubs, swimming pools, gyms, and cinemas.
• Technology: Luxury yachts feature state-of-the-art technology, including navigation systems, entertainment systems, and security systems.
• Quality: Luxury yachts are constructed with the highest quality materials and are built to last.

How to Choose a Luxury Yacht

Choosing the right luxury yacht can be a daunting task, but with some research and guidance, it can be an enjoyable experience. Here are some essential factors to consider when selecting a luxury yacht:

The size of your yacht will depend on your needs and preferences. Consider the number of passengers you will have onboard, the length of your trip, and the activities you plan to do. If you’re planning to entertain guests, you’ll want a yacht with ample space for socializing and dining.

Luxury yachts can range from a few thousand dollars to tens of millions of dollars. It’s important to set a budget and stick to it. Consider not only the initial purchase cost but also ongoing expenses such as maintenance, insurance, and crew salaries.

Luxury yachts offer a wide range of amenities, and it’s essential to choose one that has the features you need. Consider amenities such as a hot tub, swimming pool, gym, cinema, and other entertainment options.

The design of a luxury yacht is an essential factor to consider. Look for a yacht with a sleek and elegant exterior and a modern and sophisticated interior. The design should reflect your personal style and preferences.

Top Luxury Yachts Under 2 Million

Now that we have covered what makes a luxury yacht and how to choose one, let’s explore some of the top luxury yachts available for under 2 million dollars.

1. Sunseeker Manhattan 64

The Sunseeker Manhattan 64 is a luxurious yacht that combines style, performance, and comfort. It features a sleek and modern design, a spacious interior, and a range of high-quality amenities. The yacht can accommodate up to 8 guests and 2 crew members and comes equipped with a hot tub, swimming platform, and state-of-the-art entertainment system.

2. Fairline Squadron 59

The Fairline Squadron 59 is a beautifully designed yacht that offers comfort and luxury. It features a spacious flybridge, a modern interior, and a range of high-quality amenities. The yacht can accommodate up to 6 guests and 2 crew members and comes equipped with a hot tub, swimming platform, and a range of entertainment options.

3. Princess V55

The Princess V55 is a luxurious yacht that offers style, performance, and comfort. It features a sleek and modern design, a spacious interior, and a range of high-quality amenities. The yacht can accommodate up to 6 guests and 2 crew members and comes equipped with a hot tub, swimming platform, and a state-of-the-art entertainment system.

A luxury yacht is more than just a vessel; it’s a symbol of wealth, status, and extravagance. While luxury yachts can be expensive, there are excellent options available for under 2 million dollars. When choosing a luxury yacht, consider factors such as size, budget, amenities, and design. The Sunseeker Manhattan 64, Fairline Squadron 59, and Princess V55 are all excellent options for those seeking a luxury yacht under 2 million dollars.

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Yachts for sale under €2 million

Buying a yacht doesn't have to cost hundreds of millions. There are plenty of pre-loved, luxury options on the market for seven figures – if you know where to look. BOAT International handpicks eight yachts currently for sale under the €2 million mark.

Gigreca is the first unit in Admiral’s Silent 76 series and the Italian shipyard’s first foray into sailing yachts. Commissioned by a meticulous owner, the 23.2-metre sailing yacht is custom designed by Debenedetti & Fiordi with a glass and aluminium hardtop and a metallic hull. Accommodation is for up to eight guests across four en suite cabins. Gigreca boasts a joystick docking system for easy berthing and a double engine configuration that earns the series its title, delivering top speeds of 13 knots with incredibly low levels of noise and vibration.

Gigreca is asking €1,980,000 with Camper & Nicholsons .

This 33.5-metre schooner started life in 1921 as a pilot schooner, inspired by the Baltimore Clippers running between the United States and the Caribbean. She has undergone nearly a decade of colourful ownership, most notably owned by King Farouk I of Egypt after the Second World War, who remodelled her to royal standards. A five-year keel-up restoration starting in 2006 by the Atollvic Shipyard saw her completely overhauled to bring her up to modern standards while preserving the original integrity of the boat.

No.6 Texel is asking €1,950,000 with Fraser .

Built by Italcraft in 2007 as part of its Maxi Drago 105 series, this 31-metre motor yacht underwent a sizeable technical and cosmetic refit when bought from the new owner in 2021. This involved a fresh teak deck, new Fisher Panda 35Kw generators, anti-osmosis treatment and a brand-new full service Arnesson system. Sub Zero is an all-GRP vessel whose planning hull and MTU engines allow her to reach exhilarating top speeds of 40 knots and a cruising speed of 30 knots. She can comfortably accommodate eight guests across four cabins, including a full-beam master suite.

Sub Zero is asking €1,850,000 with Attica Yachts .

Excelerate Z

Excelerate Z is one of the highest-specced Sunseeker 94s available on the brokerage market. This 28-metre motor yacht was substantially refitted in 2022, which involved a complete upgrade of all communication, navigation, audiovisual and connectivity systems, with the new equipment installed typically found on much larger yachts. Her classic, understated interiors are courtesy of Bannenberg and Rowell , with accommodation for up to eight across four ensuite cabins. Excelerate Z ’s top deck is her main convivial area, featuring a bar, Jacuzzi and ample sunbathing space.

Excelerate Z is asking €1,850,000 with Ocean Independence .

Sea Breeze III

This all-wood, 30.8-metre Millkraft motor yacht was delivered in 1976 and was once owned by New Zealand’s wealthiest individual Graeme Hart. Sea Breeze III’ s heritage Hollywood style has been preserved over the years, most recently with a visit to specialist refit yard Oceania Marine in 2019. Work lasted throughout the pandemic and involved an extensive paint job, a full interior overhaul and the removal, redesign, and strengthening of four metres of the upper aft deck. She has accommodation for up to six guests, with interiors that still proudly display much of the original mahogany and texturing.

Sea Breeze III is asking $1,700,000 with 36 Degrees Brokers .

De Vrouwe Christina

Modelled after the traditional Dutch Tjalk vessels, De Vrouwe Christina was launched in September 1957 and is the only vessel of her kind to have been built by Feadship . She is in impeccable, seaworthy condition thanks to a dedicated maintenance record and extensive refits in 2002 and 2017. With a range of 1000 nautical miles, her current owners have proven her capabilities by visiting Alaska, New England and South America in recent years. This spritsail barge can accommodate six across three cabins, with surprisingly spacious interiors that include a two-level saloon with stainless steel stairs, a Yamaha self-playing piano and an open galley.

De Vrouwe Christina is asking $990,000 with Camper & Nicholsons .

Elena is a 26.2-metre, all-weather explorer yacht built in steel by Dutch yard Kramer & Booy . A former fishing vessel, she was converted and fully renovated into a private yacht. Elena was completely refitted in 2017, with everything but the hull, superstructure and main engine replaced for the latest available equipment. She accommodates six guests overnight up to thirty for day cruises, plus accommodation for four crew. Design highlights include her spacious sundeck with 360-degree views, a shaded lower aft deck for lounging and easy walk-around decks. While currently under private use, she would also work well as a commercial dive vessel.

Elena is asking €840,000 with Ocean Independence.

Dolce Vita II

Launched in 2000, Dolce Vita II belongs to the sporty Leopard 24 series. She lives up to the Leopard legacy with a planing hull and twin MTU engines that deliver a top speed of 35 knots. She also has an impressively low 0.9-metre draft, perfect for cruising the shallow waters of the Bahamas. Exterior design is courtesy of Paolo Caliari and a fun element to note is the large sun pad aft, which can be removed to reveal a custom Hibachi grill. Accommodation is for seven across three cabins, including a master cabin fitted with a vanity, entertainment centre and minibar.

Dolce Vita II is asking $799,000 with Moran Yacht & Ship .

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Used Yachts for Sale Between $1500000 and $2000000

If you're looking for a pre-owned yacht for sale between $1.5 million and $2 million, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under two million dollars online include brands like Azimut Yachts , Bertram Yachts , Ferretti Yachts , Galeon Yachts , Hatteras Yachts , Prestige Yachts , Princess Yachts , Sunseeker Yachts , Viking Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $2,000,000. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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EUR 124,950,000† (EU VAT paid)

• Length: 90.1m (295.6ft)
• Guests: 14 guests in 7 cabins
• Built: 2010 (refitted 2024)
• Lurssen-Werft

O'PTASIA

EUR 89,999,000

• Length: 85m (278.9ft)
• Guests: 23 guests in 10 cabins
• Built: 2018
• Golden Yachts

EUR 79,750,000† (EU VAT paid)

• Length: 80m (262.5ft)
• Guests: 18 guests in 9 cabins
• Built: 2007

PROJECT 825

Price on application

• Length: 75.8m (248.7ft)
• Guests: 12 guests in 6 cabins
• Built: 2025
• Feadship, Royal Van Lent

EUR 109,000,000 (EU VAT paid)

• Length: 74m (242.8ft)
• Guests: 14 guests in 6 cabins
• Built: 2017

EUR 55,000,000† (EU VAT paid)

• Length: 70.6m (231.6ft)
• Built: 2011
• Proteksan Turquoise

EUR 24,800,000 (EU VAT paid)

• Built: 2002 (refitted 2022)
• Royal Denship

EUR 49,500,000†

• Length: 65m (213.3ft)
• Built: 2011 (refurbished 2021)

EUR 35,800,000

• Length: 64.8m (212.6ft)
• Built: 2006 (refitted 2017)

MAGNA GRECIA

EUR 15,000,000

• Length: 63.8m (209.3ft)
• Built: 1986 (rebuilt 2019, refitted 2019)
• Elsflether Werft

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10 yachts for sale under €2 million [In the News]

April 5, 2023 11:29 am

Buying a luxury yacht doesn’t have to cost hundreds of millions, and there are plenty of pre-loved options on the market for just seven figures if you know where to look. boat international handpicks ten yachts currently for sale under the €2 million mark..

This article was featured on boatinternational.com in April 2023 and was written by Rachel Ingram.

Spirit of MK

Spirit of MK is a classic yacht delivered by CRN in 1981. The 33.5 metre has been meticulously maintained over the years and is offered for sale fresh from a top-to-bottom refit in 2021. Her classic design is instantly recognisable on the water and she has enjoyed a long life as a successful charter yacht. Up to 11 guests can enjoy deluxe cabins and standout amenities such as an outdoor cinema, an extensive wine cellar, and shaded al fresco dining. A white superstructure is paired with a navy hull and red boot stripe.

The 34-metre motor yacht Bel-Ami II , built in Italy by Codecasa and delivered in 1988, is a true modern classic thanks to a major refit in 2008 and a more extensive refurbishment in 2019. She can accommodate eight guests in four cabins and her above-average volume for her length results in spacious living and dining areas. The polished, original wooden panelling has not been lost through the various refits and continues to add character in the yacht’s simple yet sophisticated interior.

Lady Victoria

The 27-metre motor yacht Lady Victoria was built by Italian yard Ferretti and delivered in 2005. Her design was a joint effort between Ferretti and Italian design studio Zuccon International Project. She can accommodate up to eight guests in four cabins, including a bright master with two big open-view windows that flood the cabin with light. Standout features include the hydro-massage bath on the flybridge and the teak dining table on the lower rear deck that’s beautifully close to the sea.

Sunseeker ‘s 28-metre Mr Sea was delivered by the British yard in 2009 and has since enjoyed several refits in her lifetime – the most recent in 2021. The crowning jewel of this yacht is her flybridge. The space naturally becomes the hub of guest socialising and entertainment thanks to its al fresco dining area serviced by a bar and grill. On the lower deck, the yacht accommodates eight guests across four cabins, including a full-beam master and a VIP with en-suite. Her 25-bottle wine cellar in the saloon is also worthy of a mention.

Overmarine ‘s 33-5-metre King was launched in 2004 as one of the yard’s Mangusta 108 models. She’s been well-kept through the years with an extensive refit in 2017/2018. King was built with performance in mind (she has a top speed of 37 knots), but also style – her sporty lines are the work of Stefano Righini. She is made for outdoor living, with plenty of space to relax or dine al fresco on the aft and fore decks. The interior, meanwhile, is classic with wood panelling and flooring running through the main saloon, dining room, and five cabins sleeping up to nine guests.

The 33.5-metre motor yacht Il Capo was built and designed by American boat builder Broward Marine and delivered in 2004. She was later refitted with a number of upgrades between 2017 and 2022 including a brand new paint job in Matterhorn White and a complete interior redesign courtesy of Luiz De Basto. The yacht has a proven charter record, with highlights for guests being a sun-filled main saloon, characterful wooden panelling across her four cabins, and a shaded sun deck complete with a Jacuzzi.

Posillipo 95

The 29.6-metre motor yacht Posillipo 95 was delivered by Posillipo in 2005 and refitted with modern details in 2017. She’s been designed and built with outdoor living in mind. The aft deck comprises generous dining and seating areas, as well as an extended swim platform, while the flybridge offers even more space plus charter-friendly features such as a BBQ grill and a retractable canvas roof. She has four cabins sleeping up to 10 guests.

Dating back to the seventies, the 26-metre motor yacht Impetuous is a piece of marine history. She was built in the Netherlands by Dutch yard Feadship and delivered in 1977 – her most recent owner, an experienced yachtsman, has taken care of her for 25 years. An aluminum hull and superstructure were designed by H.W. De Voogt, with graceful interior styling by the late Pierre Tanter. As well as being a great cruiser for up to six guests, Impetuous also serves as a fully-functional sportfishing yacht with additional scuba diving capabilities.

The 30-metre motor yacht Julie II was delivered in 2001 by Astondoa and is one of the Spanish yard’s 95 GLX models. Designed by Italian studio Nuvolari Lenard, she’s both stylish and speedy. A well-executed 2022 refit saw improvements to her spacious interior, which includes accommodation for 10 guests in four cabins. Standout features include sun pads on the flybridge and forward, plus the al fresco dining area for long Mediterranean evenings.

The 24.6-metre motor yacht Safari has a long history of chartering and has been continually upgraded to keep her shipshape. Built in Taiwan by Symbol and delivered in 2002 as one of two Symbol 80 models built by Symbol, the yacht features design by Jack Sarin that prioritises comfort. She features accommodation for six guests in three spacious cabins, as well as a choice of living spaces inside and out the flybridge, aft deck and foredeck. She’s considered a good choice for those looking for extended cruising.

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Finding a used yachts for sale under $5,000,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available under $5 million like  cruising yachts ,  motor yachts ,  Trawlers , and  fishing boats , with many good options across all length ranges. Still, there are plenty of opportunities with brands like  Princess ,  Azimut ,  Sunseeker ,  Viking ,  Hatteras ,  Ferretti ,  Ocean Alexander , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $5 million.

Yachts $ 3,000,000 to $ 5,000,000

78' Princess V78 2020

78' Azimut 78 FLY 2023

86' Sunseeker 86 Yacht 2018

85' Ferretti Yachts 850 2020

84' Azimut Magellano 25 Metri 2021

116' Lazzara Yachts Motor Yacht 2008

68' Viking Convertible 2018

124' Trinity Yachts Raised Pilothouse 2002

IN THE ZONE

110' Horizon P110 Tri Deck Series 2012

105' Feadship Custom 1969

85' Terranova Yachts T85 2018

82' Viking 2013

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See Four Seasons' upcoming ultra-luxury cruise with a $350,000-a-week suite bigger than most homes

• Four Seasons says it will begin sailing an  ultra-luxury yacht cruise in January 2026.
• The 222-guest vessel would have 95 spacious suites and 11 dining options — but food wouldn't be free.
• The largest suite would have four floors and bedrooms, a spa, and a price of $350,000 per sailing.

Four Seasons plans to expand its high-end hotels and resorts portfolio with a luxury 222-guest cruise ship.

The company says the 95-suite vessel will debut in January 2026 and cost a minimum of $20,000 per weeklong sailing.

For that price, the luxury hospitality giant says travelers would enjoy a one-to-one guest-to-staff ratio and massive suites spanning as many as four floors. If all goes as planned, the 679-foot-long Four Seasons I could become one of the most expensive and opulent options in the cruise industry.

The ultra-plush 14-deck Four Seasons I is scheduled for 19 voyages in 2026 to more than 130 Caribbean and Mediterranean ports.

Reservations opened two weeks ago. Those interested can register to join a waitlist or book through a travel agent.

So far, "sales have been very encouraging, and the demand is exciting to see," Thatcher Brown, chief commercial officer and head of joint operations for Marc-Henry Cruise Holdings, told Business Insider in a statement. The company is a joint owner and operator of Four Seasons Yachts.

Renderings make the Four Seasons I look as opulent as the brand's land-based properties.

Four Seasons says its vessel will have 95 suites ranging from 537 to 9,975 square feet, some with three bedrooms.

The smallest suite starts at $19,700 for a five-night roundtrip voyage to Athens, Greece.

No windowless interior cabins here: Like other ultra-luxe cruises, the suites would all have terraces and floor-to-ceiling windows.

Customers could expect upscale amenities like a walk-in closet, down-filled duvets and pillows, and marble dual vanity bathrooms, per Four Seasons.

The most premium suites would also feature additional accommodations for "personal assistants," such as au pairs or security personnel.

Some options, like the 7,952-square-foot Loft Suite, could be adjoined with seven other cabins to accommodate up to 20 people.

Without connecting cabins, the Loft Suite would already have three bedrooms and bathrooms, a powder room, and a sauna.

Others, like the largest Funnel Suite, would have its own spa and kitchen.

Four Seasons says the 9,975-square-foot mansion, partially perched in the ship's glass-lined funnel , will span four floors, four bathrooms, three bedrooms, and three powder rooms.

Not to mention the private elevator, pool, and $350,000-a-voyage price tag.

Accommodations of this price and size are generally unheard of in the cruise industry.

Luxury operator Silversea says the largest suite on its upcoming 728-guest Silver Ray will be 1,324 square feet. Competitor Regent Seven Seas' new Seven Seas Grandeur debuted in 2023 with a more expansive six-guest 4,443-square-foot option.

Both suites' sizes and prices — Regent's starts at $42,000 per person for a total of $252,000 at maximum occupancy — would be stunted by Four Seasons' promise of a 9,975-square-foot, $350,000 floating mansion.

But cabins with six-digit prices aren't unheard of.

While not a luxury cruise line, Royal Caribbean's popular three-floor townhouse on the new Icon of the Seas is being booked at an average of $100,000 a week — although it's about four times smaller than Four Seasons' largest.

Royal Caribbean and other mass-market cruise lines are beloved, in part, for their unlimited complimentary food options.

Regent Seven Seas' all-inclusive fare also covers caviar, foie gras, and Champagne.

But don't expect any of these to be free on the Four Seasons I.

Breakfast would be complimentary. Lunch, dinner, and booze would not.

The vessel's 11 restaurants and lounges would be priced similarly to Four Seasons' on-land properties. (A dinner entrée at its resort on the Caribbean island of Nevis — also one of the ship's destinations — ranges from $34 to $163.)

The pricing structure may sound odd to most cruise traditionalists. (Hey, at least WiFi would be "free.")

But some of the ship's amenities could look familiar: Like most cruise liners, the Four Seasons I would have a pool, spa, and clubs for children and teens.

The company also promises a lounge and marina that will open onto the water, giving guests direct access to activities like snorkeling or windsurfing.

Four Seasons Yachts plans to take delivery of its $399 million vessel, now being built by famed Italian shipbuilder Fincantieri, in late 2025.

A second Fincantieri-built ship would join the hospitality company's fleet the following year. The next vessel would cost more than 400 million euros, about $429.2 million, Four Seasons says.

This isn’t Four Seasons' first foray into itinerary-based vacations.

The company has also found "tremendous success" in its private jet-based "cruises," Alejandro Reynal, the president and CEO of Four Seasons, told BI in a statement.

Its 2024 vacation-by-air itineraries started at $135,000 for a 16-day Asia tour. Demand has been growing, he said, "signaling that luxury travelers are looking for immersive, exclusive, end-to-end travel journeys that allow them to explore the world with their favorite brands."

But its new ultra-luxe cruise arm would be entering an increasingly crowded luxury market, soon to be dominated by like-minded hospitality giants.

High-end Aman Resorts and Orient Express plan to launch their own luxury cruises in 2027 and 2026, respectively.

Staying ahead of the competition, Ritz-Carlton debuted its first 149-suite Evrima yacht cruise in 2021, with a second 224-cabin ship scheduled to begin sailing later this year. Its least expensive itinerary is currently $5,100 per person for a six-night voyage from Barbados to Puerto Rico in early 2025.

Interested in a hotelier-owned vacation at sea but don't want to pay the luxury price tag? Margaritaville's cruise is an affordable $75 for two nights.

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Superyacht sales took a dive in 2023 over surging costs, russian oligarch sanctions.

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Sales of superyachts — luxury boats more than 100 feet long — fell 17% in 2023, according to a new report that attributed the dip to soaring costs, long waiting lists and sanctions of Russian oligarchs.

According to the SuperYacht Times’ latest State of Yachting report, there were only 203 sales of new superyachts last year — down from 245 in 2022 and a record 313 in 2021.

Ralph Dazert, head of intelligence at SuperYacht Times, noted that there are year-long backlogs to score a luxury vessel that originated during the pandemic, when costs were cheaper, CNBC earlier reported.

Since then, costs of operating a yacht, including labor and material prices, have skyrocketed — pricing aspiring superyacht owners out of the already exclusive market.

A buyer placing an order for a new superyacht more than 200 feet long today, for example, should expect to wait as long as four years to actually enjoy the glittering asset, Dazert told CNBC.

Superyachts of this size, more than 200 feet to roughly 650 feet, took the biggest sales hit in 2023, falling 40%.

And this year, Dazert told CNBC that he’s expecting new superyacht sales to “go down a little bit further this year” given the continued costs and delays.

The main reason for the hefty drop: Russian oligarchs have dropped out of the market following the Ukraine invasion by the country in 2022, according to SuperYacht Times’ report.

“The Russians were prone to ordering very extravagant and very large yachts,” Dazert told CNBC.

The US government has seized multiple vessels owned by Russian billionaires — including one called Amadea owned by Suleiman Kerimov, a money launderer who profited from the Kremlin.

Amadea, the 348-foot vessel that was seized at the request of the US government in Fiji in April 2022 , has since cost American taxpayers $600,000 a month to maintain.

The hefty monthly tab includes $360,000 in payments to the crew, plus $75,000 for fuel and $165,000 in other maintenance, like waste removal and food, according to court papers filed by the US in Manhattan earlier this year.

Authorities are also on the hook for Amadea’s $1.7 million annual insurance bill and have therefore asked a judge to sell the superyacht after it undergoes $5.6 million in repairs.

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Sanctioned Russian businessman Viktor Vekselberg also had his $90 million, 255-foot superyacht , Tango, seized in Spain last March at the request of the US government. 

The US has hoped that by seizing the property of wealthy Russian leaders, it will punish them for backing the war.

However, not all superyacht owners are Russian.

Per SuperYacht Times’ report, Americans accounted for nearly 25% of all sales in 2023, CNBC reported, though Americans tend to build smaller yachts compared to Middle Eastern and Russian buyers.

The average length of a Saudi-owned superyacht is 202 feet, for reference, compared to 200 feet for Russian buyers and 177 feet for the Americans, according to the report.

One American who defied the statistics: Amazon founder Jeff Bezos, who purchased a $500 million, 417-foot massive superyacht named Koru last year.

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Luxury yachts and other myths: How Republican lawmakers echo Russian propaganda

Two senior Republican lawmakers, the chairs of the House Intelligence and Foreign Affairs committees, say their colleagues are echoing Russian state propaganda against Ukraine.

Researchers who study disinformation say Reps. Mike Turner, R-Ohio, and Michael McCaul, R-Texas, are merely acknowledging what has been clear for some time: Russian propaganda aimed at undermining U.S. and European support for Ukraine has steadily seeped into America’s political conversation over the past decade, taking on a life of its own.

McCaul, chair of the House Foreign Affairs Committee, told Puck News he thinks “Russian propaganda has made its way into the United States, unfortunately, and it’s infected a good chunk of my party’s base.”

Turner, chair of the House Permanent Select Committee on Intelligence, told CNN that anti-Ukraine messages from Russia are “being uttered on the House floor.”

For the past decade, since Russia’s first military incursion into Ukraine in 2014, Moscow has spread propaganda and disinformation in a bid to undercut U.S. and European military support for Ukraine, according to U.S. and Western officials.

Some of the arguments, distortions and falsehoods spread by Russia have taken root, mostly among right-wing pro-Trump outlets and Republican politicians, researchers say, including that Ukraine’s government is too corrupt to benefit from Western aid and that the Biden family has alleged corrupt ties to Ukraine.

Russia, in keeping with traditional propaganda techniques, seeks to make its case and tarnish Ukraine through a mixture of outright falsehoods, half-truths, inferences or simply amplifying and promoting arguments already being made by American or European commentators and politicians, researchers say.

The propaganda is sometimes spread covertly, through fake online accounts, or openly by Russian officials and state media. As a result, the origin of some allegations or criticisms is often opaque, especially when a certain accusation or perception has gained wide acceptance, leaving no clear fingerprints.

Early in the war, a false story boosted by Russian propaganda — that the U.S. had helped Ukraine build biological weapons labs — gained traction on right-wing social media and was touted by then-Fox News host Tucker Carlson.

Russia also is conducting a parallel propaganda campaign in Europe. Belgium’s prime minister said Thursday that his government is investigating alleged Russian bribes to members of the European Parliament as part of Moscow’s campaign to undermine support for Ukraine. Czech law enforcement officials last month alleged that a former pro-Russian member of Ukraine’s parliament, Viktor Medvedchuk, was behind a Prague-based Russian propaganda network designed to promote opposition to aiding Ukraine.

Here are some examples of Republican lawmakers using arguments often promoted by Russian propaganda:

Buying yachts

When Ukrainian President Volodymyr Zelenskyy met with members of Congress behind closed doors in December to appeal for more U.S. help for his country’s troops, some lawmakers raised questions about Ukraine allegedly buying yachts with American aid money.

Zelenskyy made clear that was not the case, according to Republican Sen. Thom Tillis of North Carolina, a strong supporter of arming Ukraine. “I think the notion of corruption came up because some have said we can’t do it, because people will buy yachts with the money,” Tillis told CNN. “[Zelenskyy] disabused people of those notions.”

Where did the yacht rumor come from?

Pro-Russian actors and websites promoted a narrative alleging Zelenskyy bought two superyachts with U.S. aid dollars. One Russia-based propaganda site, DC Weekly , published a story last November that included photos of two luxury yachts, called Lucky Me and My Legacy , which it alleged were bought for $75 million.

Rep. Marjorie Taylor Greene, R-Ga., a vocal opponent of military aid to Ukraine, in November retweeted a post about the alleged yacht purchase from the Strategic Culture Foundation, a Russian-based propaganda outlet directed by Russia’s intelligence services, according to the Treasury Department. The U.S. has imposed sanctions on the organization, accusing it of spreading disinformation and interfering in U.S. elections.

Another outspoken critic of aid to Ukraine, Republican Sen. J.D. Vance of Ohio, also made a similar claim.

In a December interview with former President Donald Trump’s White House adviser Steve Bannon, Vance claimed that members of Congress wanted to cut Social Security benefits to provide more aid to Ukraine, and that money would allegedly be used for Zelenskyy’s ministers to “buy a bigger yacht.”

“There are people who would cut Social Security, throw our grandparents into poverty. Why? So that one of Zelenskyy’s ministers can buy a bigger yacht?” Vance said. “Kiss my ass, Steve. It’s not happening.”

The tale of Zelenskyy’s luxury yacht, however, turned out to be totally false . The yachts cited in the DC Weekly article remain up for sale , the owners told The Associated Press.

Two academics at Clemson University, disinformation researchers Darren Linvill and Patrick Warren, found that DC Weekly ran numerous stories copied from other sites that were rewritten by artificial intelligence engines. The articles had bylines with fake names along with headshots copied from other online sites. DC Weekly appeared to be a Russian effort to launder false information through a seemingly legitimate news site as part of an attempt to undermine U.S. support for Ukraine, according to the researchers .

Asked by reporters about Vance’s comments, Tillis said: “I think it’s bullshit. ...If you’re talking about giving money to Ukrainian ministers — total and unmitigated bullshit.”

Greene’s office did not respond to a request for comment.

Vance’s spokesperson said the senator was making a rhetorical point about how he opposed sending U.S. assistance to what he sees as a corrupt country, but was not asserting the yacht stories online were accurate.

Vance’s office referred NBC News to an earlier response to the BBC on the same topic:

“For years, everyone in the West recognized that Ukraine was one of the most corrupt countries in the world. Somehow everyone forgot that just as we started sending them billions of dollars in foreign aid.”

Enabling ‘corruption’

Russian state media for years has painted Ukraine as deeply corrupt, and has argued that the U.S. and its allies are wasting money and military hardware by assisting such an allegedly corrupt government.

“This is absolutely a line that they have pushed, and then once it appears in the Western ecosystem, other [Russian] media picks it up and it gets recycled back,” said Bret Schafer, a senior fellow at the Alliance for Securing Democracy.

This line of argument has gained traction partly because Ukraine does face a genuine corruption problem.

Russia’s effort to focus attention on corruption in Ukraine reflects a long-established propaganda method of using facts or partial truths to anchor a broader assertion or accusation, sometimes making a leap in logic, Schafer and other researchers said. Russia’s message amounts to: Ukraine is corrupt, therefore U.S. and Western aid will be stolen and wasted.

Schafer said it was ironic for Russia, a country mired in corruption and kleptocracy, to be leveling accusations about corruption.

Republican Rep. Mary Miller has said she strongly opposes more assistance for Ukraine because it amounts to sending cash to “corrupt oligarchs.”

“With Zelensky coming to DC this week to ask for more money, I will continue to vote AGAINST sending your tax $$ to corrupt oligarchs in Ukraine for a proxy war that could have ended in ‘22,” Miller wrote in a post on X in December.

The Illinois lawmaker also echoed another assertion that often appears in Russian media, that the Biden administration allegedly undermined efforts by Russia to avoid war with Ukraine.

 “A peace deal was on the table that [Ukraine] and [Russia] were both ready to sign, but Biden said NO,” she wrote.

There was in fact no proposed peace agreement that Russia and Ukraine were prepared to sign before Russia launched its full-scale invasion of Ukraine in February 2022, according to U.S. and European officials. As Russian troops massed on the border of Ukraine, Western governments urged Russia not to invade and warned there would be economic and diplomatic consequences.

Reuters has reported that Russian President Vladimir Putin rejected a possible deal to avert a war that had been discussed with Kyiv by Russia’s envoy to Ukraine. The Kremlin said the report was inaccurate and has said Russia tried for years to arrive at an understanding with Ukraine.

As for corruption in Ukraine, Zelenskyy has vowed to tackle the problem, sacking senior officials in some recent cases. But some civil society groups have criticized his approach and Ukrainians say corruption is the country’s second-most serious problem, after the Russian invasion, according to a poll conducted last year.

In an annual survey, Transparency International said Ukraine made progress toward addressing the issue and now ranks 104th out of 180 countries on its Corruption Perceptions Index , climbing 12 places up from its previous ranking.

Ukraine is not alone among countries that receive U.S. and other foreign aid but struggle with corruption. Supporters of assisting Ukraine argue it would undermine America’s influence in the world and its humanitarian efforts if Washington withheld foreign aid from every country where there were reports of corruption.

Miller’s office did not respond to a request for comment.

The Biden family and Ukraine

Republicans have repeatedly alleged that President Joe Biden and his son Hunter have corrupt ties to Ukraine, and that they sought $5 million in bribes from the Ukrainian energy company Burisma to protect the firm from an investigation by Ukraine’s prosecutor general.

There is no credible evidence for the allegations. A key source for the accusations against the Bidens is a former FBI informant, Alexander Smirnov, who was arrested in February on federal charges of fabricating the bribery claims. Smirnov says he was fed information by Russian intelligence.

Republicans had heavily promoted Smirnov’s allegations against the Bidens, seeing them as crucial to a planned impeachment effort against the president that has since fizzled .

“In my estimation, that is probably the clearest example of Russian propaganda working its way into the American political system,” said Emerson Brooking, a resident senior fellow at the Digital Forensic Research Lab of the Atlantic Council.

GOP Rep. Paul Gosar of Arizona cited the false bribery allegations in expressing his opposition to providing assistance to Ukraine.

“In exchange for … bribe money from Ukraine, Joe Biden has dished out over $100 billion in taxpayer money to fund the war in Ukraine. I will not assist this corruption by sending more money to the authoritarian Ukrainian regime,” Gosar said in a statement in October.

Gosar’s office did not respond to a request for comment.

Dan De Luce is a reporter for the NBC News Investigative Unit. 

Syedah Asghar is a Capitol Hill researcher for NBC News and is based in Washington, D.C.

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Paris Olympics Organizers Hope Summer Games Will Showcase France’s Modernity, From Gender-Balanced Events to Sustainability Initiatives

By Elsa Keslassy

Elsa Keslassy

International Correspondent

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It was in the land that took “Liberté, égalité, fraternité” as its motto that women were first allowed to participate in the Olympic Games, in 1900. This summer, the French capital will come full circle as it hosts the first-ever gender-balanced Olympics . From politicians to business titans to cultural leaders, the most powerful forces in Paris are aligning to make the three weeks of the Games a showcase for the modernity of France.

Tony Estanguet, the gold medal-winning French slalom canoeist who is now president of the Paris 2024 Organizing Committee for the Olympic and Paralympic Games, says the event has come a “long way in terms of inclusiveness.”

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Planning for these Games came on the heels of the Bataclan terrorist attacks in November 2015 that left 130 people dead. “France submitted a bid to host these Olympics a few months after the 2015 attacks,” Estanguet says. The motivation was nothing less than a desire to “defend France’s ideals of freedom and fraternity in dark times. It was our way of showing our faith in the future,” he says.

Competitions and events, overseen by 45,000 volunteers, will be held at some of Paris’s most iconic venues, including volleyball by the Eiffel Tower and equestrian jumping at the Palace of Versailles. The opening ceremony will see athletes parading in boats on the Seine, with a performance by Malian-French singer Aya Nakamura. France’s fashion industry is also getting a big spotlight. Parisian streetwear brand Pigalle has designed the French team’s uniforms, and the luxury conglomerate LVMH — the company behind Louis Vuitton and Moët & Chandon — is one of the Games’ premium sponsors.

Less environmentally friendly will be the 3 million to 4 million fans expected to descend on Paris this summer. Estanguet says the city plans to increase public transportation by 15% during the competition to help ease congestion.

Local broadcasters have also spent years preparing for the Games. In France, the rights to the Olympics are shared by Warner Bros. Discovery-owned pay TV group Eurosport and French PSB France Télévisions. The latter will dedicate its two primary linear channels to coverage of the Games.

“Last time we had the Summer Olympics in France it was 100 years ago, so the anticipation is huge. That’s why we’ve wanted to have coverage that’s as ambitious and exhaustive as possible,” says Laurent-Éric Le Lay, head of sports at France Télévisions.

For Warner Bros. Discovery, meanwhile, the hope is that the Olympics will be a gateway for viewers to check out the long-awaited European rollout of its streamer Max, which will launch just ahead of the Games. WB Discovery will have more than 3,000 staffers working to deliver its Olympics coverage.

“The Olympic Games transcends sport as a cultural experience and as a story about a human endeavor,” says Scott Young, group senior VP of content, production and business operations at WBD Sports Europe. “It’s a moment in time where even if you don’t typically watch a sporting event, you come and watch the Olympics. And that’s mostly because remarkable things happen.”

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