Russian billionaire to lose $492 million yacht in divorce
by Jonathan Browning 20 Apr 2018 22:36 PDT
Farkhad Akhmedov's yacht in the Mugla Province of Turkey on Aug. 16, 2017 © Ali Balli / Anadolu Agency via Getty Images
A London court ordered the seizure of a luxury $492 million yacht owned by a Russian billionaire as judges sought to enforce one of the largest divorce payouts in U.K. history.
The court ruled that Farkhad Akhmedov should transfer ownership of the 115-meter (380-foot) MV Luna, currently impounded in a dry dock in Dubai, to his wife, Tatiana Akhmedova. The judge granted the order to uphold his earlier 453.5 million-pound ($646 million) judgment.
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