Russian President Vladimir Putin has a new superyacht worth more than $50 million, the Victoria, which has been sitting at an Istanbul shipyard since late October, according to investigative journalists at the Dossier Center, The Moscow Times reports. An independent publication called him a “foreign agent”. ” from the Russian Federation.

Vladimir Putin on a yachtPhoto: Sergey Ilyin/Kremlin Basin / Zuma Press / Profimedia

According to investigative journalists, the Kremlin leader’s new luxury vessel is the 71-meter Victoria superyacht worth more than $50 million.

According to the source, the construction of the yacht began in 2005 at the Sevmash plant, the only one in Russia that produces nuclear submarines, but was completed only in 2019.

Formally, the luxury yacht belongs to a close associate of Putin, Russian billionaire Gennady Timchenko, who is ranked 124th in the Bloomberg Billionaires Index, which represents the top 500 richest people in the world.

The Russian oligarch has been under US sanctions since 2014, when the Crimean peninsula was illegally annexed by the Kremlin. Great Britain later put him on the sanctions list after invading Ukraine and recognizing the independence of the Ukrainian separatist regions of Donetsk and Luhansk regions.

Scheherazade, a yacht of consolation for Putin

Due to long delays in the construction of the superyacht, Tymchenko ordered another yacht for Putin – the 140-meter Scheherazade, an acquaintance of the businessman told the Dossier Center.

In total, Sevmash built two yachts for the Russian president, in addition to “Victoria”, the shipyard also produced the ship “Gretius”.

“Victoria” is officially owned by the company “Paer” and managed by “Fazar-Invest”, both companies are controlled by Timchenko. Funds are channeled through Vesta, which also funds the billionaire’s gas project in Uzbekistan.

The superyacht Victoria is currently undergoing repairs at a Turkish shipyard that prepares ships for the military fleet of NATO member country Turkey, the Dossier Center reports.

Victoria usually drops anchor in the port of Sochi and periodically arrives on the Black Sea coast to Cape Idokopas, where Putin’s palace is located. The moment the ship reaches the zone, it turns off the automatic identification system and disappears from the radar.

Putin has 9 yachts

People in the circle of the head of the Kremlin do not hide the fact that they use a luxurious boat.

Investigative journalists discovered that Natalia Belugina, a former rhythmic gymnast and choreographer-director of the “Alina” festival, which is organized annually by Alina Kabaeva, a former Olympic medalist, gymnast who is believed to be the mother of at least three of Putin’s children.

Even Kabaeva regularly uses this craft, claims an acquaintance of the former athlete.

According to investigative journalists, Putin has 9 yachts.

Dossier journalists managed to convince the captain of a small boat to take them to the Istanbul shipyard where Putin’s superyacht is being repaired in early November.