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Johnny Depp bought a yacht in 2007 that has a pirate-ship theme and can fit 10 guests — take a look

Johnny Depp sold the yacht to J.K. Rowling in 2015. It has played a role in Amber Heard's testimony against Johnny Depp. Johnny Depp; Amber Heard; Depp's former yachtShawn Thew/POOL/AFP/Getty Images; Steve Helber/POOL/AFP/Getty Images; Barbara Zanon/Getty Images Johnny Depp bought a yacht for an undisclosed price in 2007. The yacht is known for its art deco-style interior and "pirate-ship" design. Depp sold the yacht to J.K. Rowling in 2015 for $27 million. Johnny Depp bought a yacht from Turkish shipyard Proteksan Turquoise yacht in 2007. The yacht is known for its art deco-style interior and "pirate-ship" design.Johnny Depp's yacht at Zattere on April 26, 2010.Barbara Zanon/Getty ImagesDepp purchased the Turkish-made yacht for an undisclosed amount and named it "Vajoliroja." At the time, he was dating Vanessa Paradis. The yacht name is a combination of their names, along with their children's, Lily-Rose and Jack.Depp and Paradis were seen enjoying the yacht on several occasions with their daughter Lily-Rose in 2011. The couple split up in 2012.When Depp married Amber Heard in 2015, he renamed the yacht "Amphitrite." Fifteen months after the wedding, Heard filed for divorce. The pair is now embroiled in a bitter trial that began in April.The yacht has played a role in Heard's testimony against Depp. Heard claimed Depp slammed her against the wall in one of the yacht's cabins. Heard said Depp was drunk and upset that he had to sell the boat. Depp has denied that he ever abused or assaulted Heard.Depp sold the yacht to J.K. Rowling in 2015 for $27 million. The yacht has since been sold to a US businessman and is now named "Arriva."Depp hired California-based interior designer LM Pagano to renovate the yacht in 2008. A post shared by LM Pagano Design (@lmpaganodesign) Pagano, who designed the yacht, said she wanted the 47.6-meter (156-foot) yacht to feel like "the Orient Express on the ocean.""There's so much going on in there, but it all works. I had some of those velvet patterns rewoven for me on original art deco looms!" she told Steinway in an undated interview.Pagano did not respond to Insider's requests for comment.The yacht, which can accommodate 10 guests and nine crew members, has a home cinema and salon. A post shared by LM Pagano Design (@lmpaganodesign) The yacht has four decks, according to Yacht Harbour. Its seven-meter beams give it the silhouette of a pirate ship. It's equipped with a Kaleidescape entertainment system.A video tour of the yacht shows velvet decor and an antique-style wooden interior. The yacht's interior is made of vintage textiles and silk, according to a 2021 Facebook post by Pagano."I was graced to be working with Johnny, who has extraordinary knowledge and serious appreciation of historic decorative arts," she wrote in the post. The boat also has a 1930s-inspired dining hall. The yacht has five large staterooms. A post shared by LM Pagano Design (@lmpaganodesign) Three of the cabins have double beds, while two have twin beds. All of the bedrooms have en-suite bathrooms, according to Charter Index. In a 2019 Facebook post, Pagano wrote that the bedroom's decor featured items procured from around the world.The yacht also has a helicopter pad, swimming pool, and Jacuzzi.Depp chartered the yacht when he wasn't using it in 2013. A post shared by LM Pagano Design (@lmpaganodesign)  Depp reportedly charged charterers $130,000 a week during peak seasons and $110,000 during low seasons.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 23rd, 2022

Ivanka Trump turns 40 this month. Here"s a timeline of her relationship with husband Jared Kushner.

Jared Kushner and Ivanka Trump remain an influential couple even after their time as advisors in the White House. Ivanka turns 40 on October 30. Jared Kushner and Ivanka Trump. Patrick Semansky/AP Ivanka Trump, who turns 40 on October 30, met Jared Kushner in 2007 and they married in 2009. They served as White House advisors in the Trump administration. The couple is keeping a low profile while building up their real estate profile in Florida. See more stories on Insider's business page. 2007: Ivanka Trump and Jared Kushner met at a networking lunch arranged by one of her longtime business partners. Ivanka Trump and Jared Kushner in 2007. PAUL LAURIE/Patrick McMullan via Getty Images Trump and Kushner were both 25 at the time."They very innocently set us up thinking that our only interest in one another would be transactional," Ivanka told Vogue in 2015. "Whenever we see them we're like, 'The best deal we ever made!'" 2008: Ivanka and Kushner broke up because of religious differences. Jared Kushner and Ivanka Trump in 2008. NEIL RASMUS/Patrick McMullan via Getty Images Kushner was raised in the modern Orthodox Jewish tradition, and it was important to his family for him to marry someone Jewish. Ivanka's family is Presbyterian.  2008: Three months later, the couple rekindled their romance when Wendy Deng Murdoch invited them both for a weekend on her yacht. Ivanka Trump and Jared Kushner in 2008. DAVID X PRUTTING/Patrick McMullan via Getty Images According to the 2019 book "Kushner, Inc.," Rupert Murdoch's then-wife invited them both without telling the other. May 2009: They attended the Met Gala together for the first time. Jared Kushner and Ivanka Trump at the Met Gala in 2009. BILLY FARRELL/Patrick McMullan via Getty Images The theme of the gala was "The Model As Muse." Ivanka wore a gown by designer Brian Reyes. July 2009: Ivanka completed her conversion to Judaism, and she and Kushner got engaged. Jared Kushner and Ivanka Trump in 2009. BILLY FARRELL/Patrick McMullan via Getty Images Kushner proposed with a 5.22-carat cushion-cut diamond engagement ring. July 2009: Ivanka told New York Magazine that she and her fiancé were "very mellow." Ivanka Trump and Jared Kushner in 2009. Arnaldo Magnani/Getty Images "We go to the park. We go biking together. We go to the 2nd Avenue Deli," she told New York Magazine. "We both live in this fancy world. But on a personal level, I don't think I could be with somebody — I know he couldn't be with somebody — who needed to be 'on' all the time." October 2009: Ivanka and Kushner married at the Trump National Golf Club in New Jersey. Jared Kushner and Ivanka Trump on their wedding day in 2009. Getty The couple invited 500 guests, including celebrities like Barbara Walters, Regis Philbin, and Anna Wintour, as well as politicians such as Rudy Giuliani and Andrew Cuomo. July 2011: The couple welcomed their first child, Arabella. Ivanka Trump and Jared Kushner with Arabella Kushner. Robin Marchant/Getty Images "This morning @jaredkushner and I welcomed a beautiful and healthy little baby girl into the world," Ivanka announced on Twitter. "We feel incredibly grateful and blessed. Thank you all for your support and well wishes!" October 2013: Ivanka gave birth to their second child, Joseph. Ivanka Trump with Arabella Rose Kushner and Joseph Frederick Kushner in 2017. Alo Ceballos/GC Images He was named for Kushner's paternal grandfather Joseph and Ivanka's paternal grandfather Frederick. March 2016: Kushner and Ivanka welcomed their third child, Theodore, in the midst of Donald Trump's presidential campaign. Ivanka Trump carries her son Theodore as she holds hands with Joseph, alongside Jared Kushner and daughter Arabella. SAUL LOEB/AFP via Getty Images "I said, 'Ivanka, it would be great if you had your baby in Iowa.' I really want that to happen. I really want that to happen," Trump told supporters in Iowa in January 2016. May 2016: They attended the Met Gala two months after Ivanka gave birth. Jared Kushner and Ivanka Trump attend the Met Gala in 2016. Taylor Hill/FilmMagic/Getty Images Ivanka wore a red Ralph Lauren Collection halter jumpsuit. On a 2017 episode of "The Late Late Show with James Corden," Anna Wintour said that she would never invite Donald Trump to another Met Gala.  January 2017: Ivanka and Kushner attended President Trump's inauguration and danced together at the Liberty Ball. Ivanka Trump dances with husband Jared Kushner in 2017. Photo by Rob Carr/Getty Images The Liberty Ball was the first of three inaugural balls that Trump attended. January 2017: After the inauguration, Ivanka and Kushner relocated to a $5.5 million home in the Kalorama section of Washington, DC. Jared Kushner and Ivanka Trump's house in Washington, DC. PAUL J. RICHARDS/AFP via Getty Images Ivanka and Kushner rented the 7,000-square-foot home from billionaire Andrónico Luksic for $15,000 a month, the Wall Street Journal reported. May 2017: They accompanied President Trump on his first overseas trip in office. Jared Kushner and Ivanka Trump meet Pope Francis in 2017. Vatican Pool - Corbis/Corbis via Getty Images Kushner and Ivanka both served as advisors to the president. For the first overseas trip of Donald Trump's presidency, they accompanied him to Saudi Arabia, Israel, Vatican, and summits in Brussels and Sicily.  October 2018: Ivanka wished Kushner a happy anniversary on Instagram, calling him "my light, my love, my life." Ivanka Trump and Jared Kushner at a state dinner in 2018. MANDEL NGAN/AFP via Getty Images They celebrated their ninth anniversary in 2018. October 2019: The couple celebrated their 10th wedding anniversary with a lavish party at Camp David. Jared Kushner and Ivanka Trump in 2019. MANDEL NGAN/AFP via Getty Images All of the Trump and Kushner siblings were in attendance. A White House official told CNN that the couple was covering the cost of the party, but President Trump tweeted that the cost would be "totally paid for by me!" January 2021: Kushner and Ivanka skipped President Joe Biden's inauguration, flying with Trump to his Mar-a-Lago residence in Palm Beach, Florida, instead. Ivanka Trump, Jared Kushner, and their children prepare for President Donald Trump's departure on January 20, 2021. ALEX EDELMAN/AFP via Getty Images Donald Trump did not attend Biden's inauguration, breaking a long-standing norm in US democracy. While initial reports said that Ivanka was planning to attend the inauguration, a White House official told People magazine that "Ivanka is not expected to attend the inauguration nor was she ever expected to." December 2020: Ivanka and Kushner reportedly bought a $32 million empty lot in Indian Creek Village, Florida, known as Miami's "Billionaire Bunker." Jared Kushner and Ivanka Trump's plot of land in Indian Creek Village. The Jills Zeder Group; Samir Hussein/WireImage/Getty Images Page Six reported that the couple purchased a 1.8-acre waterfront lot owned by singer Julio Iglesias, Enrique Iglesias' father.The island where it sits boasts the nickname "Billionaire Bunker" thanks to its multitude of ultra-wealthy residents over the years, including billionaire investor Carl Icahn, supermodel Adriana Lima, and former Miami Dolphins coach Don Shula.  January 2021: The couple signed a lease for a luxury Miami Beach condo near their Indian Creek Village property. Arte Surfside. Antonio Citterio Patricia Viel Ivanka and Kushner signed a lease for a "large, unfurnished unit" in the amenities-packed Arte Surfside condominium building in Surfside, Florida, for at least a year, Katherine Clarke reported for The Wall Street Journal.Surfside, a beachside town just north of Miami Beach that's home to fewer than 6,000 people, is only a five-minute drive from Indian Creek Island, where they bought their $32 million empty lot. April 2021: Ivanka and Kushner reportedly added a $24 million mansion in Indian Creek Village to their Florida real estate profile. Ivanka Trump on a walk with Jared Kushner in Florida in June 2021. MEGA/GC Images The Real Deal reported that Ivanka and Kushner purchased another Indian Creek property — this time, a 8,510-square-foot mansion situated on a 1.3-acre estate. June 2021: CNN and the New York Times reported that the couple is beginning to distance themselves from Trump due to his fixation on conspiracies about the 2020 election. Ivanka Trump and Jared Kushner sit behind Donald Trump. Kevin Lamarque/Reuters CNN reported that Trump is prone to complain about the 2020 election and falsely claim it was "stolen" from him to anyone listening and that his "frustrations emerge in fits and starts — more likely when he is discussing his hopeful return to national politics." While Ivanka and Kushner have been living in their Miami Beach condo, not far from Trump's Mar-a-Lago club in Palm Beach, Florida, they've been visiting Trump less and less frequently and have been conspicuously absent from big events at Mar-a-Lago, CNN said. The New York Times also reported that Kushner "wants to focus on writing his book and establishing a simpler relationship" with the former president. October 2021: Ivanka and Kushner visited Israel's parliament for the inaugural event of the Abraham Accords Caucus. Jared Kushner and Ivanka Trump in Israel in October 2021. AHMAD GHARABLI/AFP via Getty Images The Abraham Accords, which Kushner helped broker in August 2020, normalized relations between Israel and the United Arab Emirates, Bahrain, Sudan, and Morocco.During their visit, Ivanka and Kushner also met with former Prime Minister Benjamin Netanyahu and attended an event at the Museum of Tolerance Jerusalem with former US Secretary of State Mike Pompeo. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 29th, 2021

Ghislaine Maxwell was sentenced to 20 years in prison for sex-trafficking girls for Jeffrey Epstein. Here"s what we know about the British socialite"s finances and assets.

Ghislaine Maxwell lived in an NYC mansion with links to Jeffrey Epstein and ran a foundation that donated to a charity for victims of sex trafficking. Jeffrey Epstein and Ghislaine Maxwell at an event in New York on June 13, 1995.Patrick McMullan via Getty Images The British socialite Ghislaine Maxwell was sentenced to 20 years in prison after her conviction in December 2021. Maxwell is said to have been in the inner circle of the late disgraced financier Jeffrey Epstein. She was found guilty of recruiting victims and abusing them alongside the convicted sex offender. Ghislaine Maxwell was sentenced Tuesday to 20 years in prison for trafficking girls to have sex with financier Jeffrey Epstein.The British socialite was one of the most prominent and mysterious figures linked to Epstein, who died by apparent suicide in prison in 2019 while awaiting trial on charges of sex trafficking and conspiracy.In December, she was convicted for acting as Epstein's madam, recruiting and abusing underage victims alongside the convicted sex offender. Maxwell previously denied these allegations.Born in France, Maxwell, 60, is the daughter of Robert Maxwell, the British media mogul who mysteriously drowned after falling or jumping from his yacht near the Canary Islands in 1991. Maxwell moved to New York City from England in 1991, reportedly living off a $100,000-a-year trust fund.Maxwell integrated herself into the city's high society, attending parties, charity galas, and other events with celebrities, presidents, CEOs, and other members of the city's wealthy and powerful elite. For seven years she ran an ocean-conservation nonprofit, which abruptly shut down in July 2019.Until 2016, Maxwell lived in a 7,000-square-foot Manhattan townhouse with links to Epstein. It was sold in 2016 for $15 million.Here's what we know about how Maxwell's finances.The British socialite Ghislaine Maxwell became one of the most prominent and mysterious figures linked to the financier Jeffrey Epstein, who died by apparent suicide in a Manhattan prison in August 2019.Marc Dimov/Patrick McMullan via Getty ImagesMaxwell was sentenced to 20 years in prison for acting as Epstein's madam, recruiting and abusing underage victims alongside the convicted sex offender. Maxwell previously denied any wrongdoing.Born in France, Maxwell is the daughter of the British media mogul Robert Maxwell.Robert and Ghislaine Maxwell watch an Oxford-Brighton football match in October 1984.Staff/Mirrorpix/Getty ImagesRobert Maxwell was a member of Parliament from 1966 to 1970 and the owner of the British tabloid the Daily Mirror.In March 1991, months before his death, he bought the New York Daily News.In England, Maxwell was an Oxford-educated socialite.Ghislaine Maxwell in 1986.Bob Thomas Sports Photography via Getty ImagesMaxwell attended one of England's top private boarding schools and later graduated from Oxford University. She went on to found a social club for women in London.In 1991, Robert Maxwell died while cruising on his yacht, called the Lady Ghislaine after his daughter.The Lady Ghislaine in Spain in 1991.Bruno Bachelet/Paris Match via Getty ImagesHis body was found floating in the Atlantic Ocean after he disappeared from his private yacht. According to The Guardian, it was ruled that he died from a heart attack combined with accidental drowning, but his daughter reportedly believed her father was murdered.After his death, his yacht was sold to an American buyer and is now known as Lady Mona K. The 190-foot-yacht sleeps up to 12 guests in six cabins.Maxwell moved to the US in 1991, reportedly living off a $100,000-a-year trust fund set up by her father.Maxwell at a party at her New York City home on March 13, 2007.Patrick McMullan/Patrick McMullan via Getty ImagesHer father's business was more than $4 billion in debt following his death, so Maxwell didn't move to the US as a lavishly wealthy heiress.The British socialite, about 30 years old at the time, quickly became a staple of the city's high society, rubbing shoulders with celebrities, presidents, CEOs, and other members of the city's wealthy and powerful elite.According to a 2000 article by the New York Post, she started out in New York working in real estate and living off about $100,000 a year from a trust fund set up by her father.Soon after she moved to New York, Maxwell reportedly began a relationship with Jeffrey Epstein.Jeffrey Epstein and Maxwell at a 2005 benefit for Wall Street Rising at Cipriani Wall Street on March 15, 2005.Joe Schildhorn/Patrick McMullan via Getty ImagesAccording to the Post, Maxwell started dating Epstein around 1992.Maxwell is said to have introduced Epstein to many of her high-flying friends.Donald Trump, Melania Trump (then Melania Knauss), Epstein, and Maxwell at the Mar-a-Lago club in Palm Beach, Florida, in February 2000.Davidoff Studios/Getty ImagesMaxwell reportedly socialized with high-profile people including John F. Kennedy Jr., Donald Trump, Prince Andrew, and the Clinton family.Maxwell introduced Epstein to Bill and Hillary Clinton, whom she knew through their daughter, Chelsea, according to Politico. Maxwell was a guest at Chelsea Clinton's wedding in July 2010.Bill and Chelsea Clinton.GettyAccording to Politico, Maxwell grew close with Chelsea Clinton after her father left office."Ghislaine was the contact between Epstein and Clinton," a person familiar with the relationship told Politico in July. "She ended up being close to the family because she and Chelsea ended up becoming close."When reached for comment by Business Insider, Bari Lurie, Clinton's chief of staff, said Clinton and her husband, Marc Mezvinsky, were not aware of the allegations against Maxwell until 2015."Chelsea and Marc were friendly with her because of her relationship with a dear friend of theirs," Lurie said. "When that relationship ended, Chelsea and Marc's friendship with her ended as well."A person close to Clinton told Business Insider that she and her husband knew Maxwell through a close family friend, Ted Waitt, and that Clinton and Maxwell were never "close."Maxwell was at Clinton's wedding only because she was Waitt's girlfriend at the time, the person said.Waitt cofounded the personal-computing company Gateway in 1985 and is now chairman of the Waitt Foundation, a nonprofit organization dedicated to protecting the oceans.Maxwell's social life wasn't confined to New York City.Calvin Klein, Aby Rosen, and Maxwell at a dinner on December 3, 2009, in Miami Beach, Florida.BILLY FARRELL/Patrick McMullan via Getty ImageShe attended events like a dinner in Miami Beach, Florida, hosted by the New York real-estate tycoon Aby Rosen, where guests included the fashion designer Calvin Klein.Maxwell is accused of approaching and recruiting girls to visit Epstein in his mansion in Palm Beach, Florida.Until 2016, Maxwell lived in a $5 million New York townhouse bought by a company with the same address as Epstein's business office.A Google Maps street view of Maxwell's former home.Google MapsTax records reviewed by Business Insider show that the Manhattan townhouse was purchased for $4.95 million in October 2000 by an anonymous corporation with the same address as Epstein's finance office on Madison Avenue.The seller was Lynn Forester.Business Insider was unable to confirm that the seller of the home is the same Lynn Forester who has been linked to Epstein. Lynn Forester de Rothschild, the chair of the E. L. Rothschild family investment office and the wife of the British billionaire financier Sir Evelyn Robert Adrian de Rothschild, was one of the names on Epstein's private-jet log. In October 2000, she was not yet married to de Rothschild.Forester sold the mansion for about $8.5 million less than its assessed market value, which was more than $13.4 million. Forester bought the home in 1997 for $4.475 million, according to tax documents.The 7,000-square-foot home on Manhattan's Upper East Side has 12 rooms, eight fireplaces, and an elevator.Lynn Forester de Rothschild did not respond to a request for comment from Business Insider.The townhouse Maxwell lived in is about six blocks from Epstein's former home on 71st Street.Google MapsThe home was sold in the spring of 2016 for $15 million.For seven years Maxwell operated an ocean-conservation nonprofit organization, which was abruptly shut down in July.Westchester Digital Summit/YoutubeMaxwell founded the TerraMar Project in 2012 to promote conservancy of the world's oceans.Days after Epstein was arrested on charges of sex trafficking, the organization's website was shut down and now includes only a statement announcing its closure: "The TerraMar Project is sad to announce that it will cease all operations. The web site will be closed ... TerraMar wants to thank all its supporters, partners and fellow ocean lovers."Business Insider's Áine Cain reviewed the nonprofit's tax documents and found that it was a relatively small enterprise. No employee was ever paid more than $100,000, and most of its funds went into website development, office expenses, travel, phone and utilities fees, merchant fees, contractor fees, professional fundraising services, and insurance policies.Maxwell reported working 60-hour weeks and pouring thousands into the organization, but by 2017 TerraMar was $550,546 in the hole in terms of revenue.INSIDER's Ellen Cranley recently reported that investigators were looking into the nonprofit for possible connections to Epstein.Tax documents reviewed by Business Insider show that Epstein donated $57,000 to the organization in the tax year ending in January 2013.Through a private foundation, Maxwell has donated to various charitable organizations — including a charity for victims of sex trafficking.Maxwell in New York in September 2005.Scott Rudd/Patrick McMullan via Getty ImagesAccording to tax filings published by ProPublica and reviewed by Business Insider, Maxwell is the trustee of a philanthropic organization called Max Foundation Tr.Tax filings show that in 2008, Maxwell's foundation donated $350 to Girls Educational & Mentoring Services, a charity whose stated mission is to end the commercial sexual exploitation and trafficking of children and young women.When reached by email, Rachel Lloyd, GEMS's founder and CEO, told Business Insider they could not find a record of the donation, noting that it was for less than $500 and that they had changed donor databases since 2008."We would never knowingly accept monies from anyone who was working against [our] mission," Lloyd said. "We fully support all the victims who have been brave enough to come forward against Jeffrey Epstein and hope that they will still be able to find a measure of justice from those [who] perpetuated his crimes."Maxwell's other donations through her foundation include $275 in 2011 to the Madison Square Boys & Girls Club, a chapter of Boys & Girls Clubs of America that provides after-school programs for under-resourced youth in New York City.In 2007, she donated $300 to Hale House, a New York charity that took in homeless infants and toddlers. In 2008, Hale House ended its residential program and became a daycare service known as the Mother Hale Learning Center.The tax filings also show that Maxwell donated $2,500 to the Clinton Library and Foundation in 2003, as well as at least $1,625 from 2003 to 2008 to the Wayuu Taya Foundation, a nonprofit focused on improving the lives of Latin American indigenous communities.According to the tax filings, from 2002 to 2018, Maxwell's foundation held an average of about $20,000 in total assets each year and appeared to be used to make a few small donations per year, possibly to purchase tickets to some of the fundraisers and charity galas at which she was often photographed.The foundation's total recorded assets peaked in the tax year ending in June 2003 at $42,947, according to available tax filings. By 2018, that number had dwindled to $1,245.Maxwell's whereabouts have been unknown, and authorities have had trouble locating her, The Washington Post reported.Kevin Mazur/VF14/Contributor/Getty ImagesThe Post reported on August 11, 2019, that Maxwell was believed to be living abroad and that authorities had not been able to locate her.A Daily Mail report from August 14, 2019, said Maxwell had been living in Manchester-by-the-Sea, Massachusetts, with the tech CEO Scott Borgerson.However, when contacted by Business Insider, Borgerson denied that Maxwell was staying at his house. He said that he had been out of the country traveling for work for the past week and that the house had been empty.Maxwell's legal team did not previously respond to Business Insider's request for comment on her location.But after a year of laying low, Maxwell was arrested by the FBI on July 2, 2020, according to multiple reports.Ghislaine Maxwell at Spring Studios in New York City on October 18, 2019.Sylvain Gaboury/Patrick McMullan via GettySenior law enforcement officials told News 4 New York, an NBC affiliate, that Maxwell faces "Epstein-related" charges and will appear in federal court in the Southern District of New York later Thursday.Her arrest comes a year after Epstein himself was arrested.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 28th, 2022

Ghislaine Maxwell, Jeffrey Epstein"s madam who lived in a $5 million NYC mansion, was convicted to 20 years in prison. Here"s what we know about the British socialite"s finances and assets.

Ghislaine Maxwell lived in an NYC mansion with links to Jeffrey Epstein and ran a foundation that donated to a charity for victims of sex trafficking. Jeffrey Epstein and Ghislaine Maxwell at an event in New York on June 13, 1995.Patrick McMullan via Getty ImagesThe British socialite Ghislaine Maxwell was sentenced to 20 years in prison after her conviction in December 2021.Maxwell is said to have been in the inner circle of the financier Jeffrey Epstein, who died in prison in 2020 awaiting trial on charges of sex trafficking and conspiracy.She is alleged to have acted as Epstein's madam; she's accused of recruiting victims and abusing them alongside the convicted sex offender.Maxwell, 58, the daughter of the media mogul Robert Maxwell, moved to New York City from England in 1991, reportedly living off a $100,000-a-year trust fund.Maxwell integrated herself into the city's high society, attending parties, charity galas, and other events with celebrities, presidents, CEOs, and other members of the city's wealthy and powerful elite.For seven years she ran an ocean-conservation nonprofit, which abruptly shut down in July 2019.Until 2016, Maxwell lived in a 7,000-square-foot Manhattan townhouse with links to Epstein. It was sold in 2016 for $15 million.Visit Business Insider's homepage for more stories.Nearly two years after her arrest and following conviction in December 2021, Ghislaine Maxwell was sentenced Tuesday to 20 years in prison for trafficking girls to have sex with financier Jeffrey Epstein.Maxwell was arrested by the FBI on July 2, 2020, according to multiple reports.The British socialite became one of the most prominent and mysterious figures linked to Epstein, who died by apparent suicide in prison in 2019 while awaiting trial on charges of sex trafficking and conspiracy.She was alleged to have acted as Epstein's madam, recruiting and abusing underage victims alongside the convicted sex offender. Maxwell denied these allegations.Maxwell's legal team did not immediately respond to a request for comment from Business Insider.Born in France, Maxwell is the daughter of Robert Maxwell, the British media mogul who mysteriously drowned after falling or jumping from his yacht near the Canary Islands in 1991.Here's what we know about how Maxwell's finances.The British socialite Ghislaine Maxwell has become one of the most prominent and mysterious figures linked to the financier Jeffrey Epstein, who died by apparent suicide in a Manhattan prison in August 2019.Marc Dimov/Patrick McMullan via Getty ImagesMaxwell was sentenced to 20 years in prison for acting as Epstein's madam, recruiting and abusing underage victims alongside the convicted sex offender. Maxwell previously denied any wrongdoing.Born in France, Maxwell is the daughter of the British media mogul Robert Maxwell.Robert and Ghislaine Maxwell watch an Oxford-Brighton football match in October 1984.Staff/Mirrorpix/Getty ImagesRobert Maxwell was a member of Parliament from 1966 to 1970 and the owner of the British tabloid the Daily Mirror.In March 1991, months before his death, he bought the New York Daily News.In England, Maxwell was an Oxford-educated socialite.Ghislaine Maxwell in 1986.Bob Thomas Sports Photography via Getty ImagesMaxwell attended one of England's top private boarding schools and later graduated from Oxford University. She went on to found a social club for women in London.In 1991, Robert Maxwell died while cruising on his yacht, called the Lady Ghislaine after his daughter.The Lady Ghislaine in Spain in 1991.Bruno Bachelet/Paris Match via Getty ImagesHis body was found floating in the Atlantic Ocean after he disappeared from his private yacht. According to The Guardian, it was ruled that he died from a heart attack combined with accidental drowning, but his daughter reportedly believed her father was murdered.After his death, his yacht was sold to an American buyer and is now known as Lady Mona K. The 190-foot-yacht sleeps up to 12 guests in six cabins.Maxwell moved to the US in 1991, reportedly living off a $100,000-a-year trust fund set up by her father.Maxwell at a party at her New York City home on March 13, 2007.Patrick McMullan/Patrick McMullan via Getty ImagesHer father's business was more than $4 billion in debt following his death, so Maxwell didn't move to the US as a lavishly wealthy heiress.The British socialite, about 30 years old at the time, quickly became a staple of the city's high society, rubbing shoulders with celebrities, presidents, CEOs, and other members of the city's wealthy and powerful elite.According to a 2000 article by the New York Post, she started out in New York working in real estate and living off about $100,000 a year from a trust fund set up by her father.Soon after she moved to New York, Maxwell reportedly began a relationship with Jeffrey Epstein.Jeffrey Epstein and Maxwell at a 2005 benefit for Wall Street Rising at Cipriani Wall Street on March 15, 2005.Joe Schildhorn/Patrick McMullan via Getty ImagesAccording to the Post, Maxwell started dating Epstein around 1992.Maxwell is said to have introduced Epstein to many of her high-flying friends.Donald Trump, Melania Trump (then Melania Knauss), Epstein, and Maxwell at the Mar-a-Lago club in Palm Beach, Florida, in February 2000.Davidoff Studios/Getty ImagesMaxwell reportedly socialized with high-profile people including John F. Kennedy Jr., Donald Trump, Prince Andrew, and the Clinton family.Maxwell introduced Epstein to Bill and Hillary Clinton, whom she knew through their daughter, Chelsea, according to Politico. Maxwell was a guest at Chelsea Clinton's wedding in July 2010.Bill and Chelsea Clinton.GettyAccording to Politico, Maxwell grew close with Chelsea Clinton after her father left office."Ghislaine was the contact between Epstein and Clinton," a person familiar with the relationship told Politico in July. "She ended up being close to the family because she and Chelsea ended up becoming close."When reached for comment by Business Insider, Bari Lurie, Clinton's chief of staff, said Clinton and her husband, Marc Mezvinsky, were not aware of the allegations against Maxwell until 2015."Chelsea and Marc were friendly with her because of her relationship with a dear friend of theirs," Lurie said. "When that relationship ended, Chelsea and Marc's friendship with her ended as well."A person close to Clinton told Business Insider that she and her husband knew Maxwell through a close family friend, Ted Waitt, and that Clinton and Maxwell were never "close."Maxwell was at Clinton's wedding only because she was Waitt's girlfriend at the time, the person said.Waitt cofounded the personal-computing company Gateway in 1985 and is now chairman of the Waitt Foundation, a nonprofit organization dedicated to protecting the oceans.Maxwell's social life wasn't confined to New York City.Calvin Klein, Aby Rosen, and Maxwell at a dinner on December 3, 2009, in Miami Beach, Florida.BILLY FARRELL/Patrick McMullan via Getty ImageShe attended events like a dinner in Miami Beach, Florida, hosted by the New York real-estate tycoon Aby Rosen, where guests included the fashion designer Calvin Klein.Maxwell is accused of approaching and recruiting girls to visit Epstein in his mansion in Palm Beach, Florida.Until 2016, Maxwell lived in a $5 million New York townhouse bought by a company with the same address as Epstein's business office.A Google Maps street view of Maxwell's former home.Google MapsTax records reviewed by Business Insider show that the Manhattan townhouse was purchased for $4.95 million in October 2000 by an anonymous corporation with the same address as Epstein's finance office on Madison Avenue.The seller was Lynn Forester.Business Insider was unable to confirm that the seller of the home is the same Lynn Forester who has been linked to Epstein. Lynn Forester de Rothschild, the chair of the E. L. Rothschild family investment office and the wife of the British billionaire financier Sir Evelyn Robert Adrian de Rothschild, was one of the names on Epstein's private-jet log. In October 2000, she was not yet married to de Rothschild.Forester sold the mansion for about $8.5 million less than its assessed market value, which was more than $13.4 million. Forester bought the home in 1997 for $4.475 million, according to tax documents.The 7,000-square-foot home on Manhattan's Upper East Side has 12 rooms, eight fireplaces, and an elevator.Lynn Forester de Rothschild did not respond to a request for comment from Business Insider.The townhouse Maxwell lived in is about six blocks from Epstein's former home on 71st Street.Google MapsThe home was sold in the spring of 2016 for $15 million.For seven years Maxwell operated an ocean-conservation nonprofit organization, which was abruptly shut down in July.Westchester Digital Summit/YoutubeMaxwell founded the TerraMar Project in 2012 to promote conservancy of the world's oceans.Days after Epstein was arrested on charges of sex trafficking, the organization's website was shut down and now includes only a statement announcing its closure: "The TerraMar Project is sad to announce that it will cease all operations. The web site will be closed ... TerraMar wants to thank all its supporters, partners and fellow ocean lovers."Business Insider's Áine Cain reviewed the nonprofit's tax documents and found that it was a relatively small enterprise. No employee was ever paid more than $100,000, and most of its funds went into website development, office expenses, travel, phone and utilities fees, merchant fees, contractor fees, professional fundraising services, and insurance policies.Maxwell reported working 60-hour weeks and pouring thousands into the organization, but by 2017 TerraMar was $550,546 in the hole in terms of revenue.INSIDER's Ellen Cranley recently reported that investigators were looking into the nonprofit for possible connections to Epstein.Tax documents reviewed by Business Insider show that Epstein donated $57,000 to the organization in the tax year ending in January 2013.Through a private foundation, Maxwell has donated to various charitable organizations — including a charity for victims of sex trafficking.Maxwell in New York in September 2005.Scott Rudd/Patrick McMullan via Getty ImagesAccording to tax filings published by ProPublica and reviewed by Business Insider, Maxwell is the trustee of a philanthropic organization called Max Foundation Tr.Tax filings show that in 2008, Maxwell's foundation donated $350 to Girls Educational & Mentoring Services, a charity whose stated mission is to end the commercial sexual exploitation and trafficking of children and young women.When reached by email, Rachel Lloyd, GEMS's founder and CEO, told Business Insider they could not find a record of the donation, noting that it was for less than $500 and that they had changed donor databases since 2008."We would never knowingly accept monies from anyone who was working against [our] mission," Lloyd said. "We fully support all the victims who have been brave enough to come forward against Jeffrey Epstein and hope that they will still be able to find a measure of justice from those [who] perpetuated his crimes."Maxwell's other donations through her foundation include $275 in 2011 to the Madison Square Boys & Girls Club, a chapter of Boys & Girls Clubs of America that provides after-school programs for under-resourced youth in New York City.In 2007, she donated $300 to Hale House, a New York charity that took in homeless infants and toddlers. In 2008, Hale House ended its residential program and became a daycare service known as the Mother Hale Learning Center.The tax filings also show that Maxwell donated $2,500 to the Clinton Library and Foundation in 2003, as well as at least $1,625 from 2003 to 2008 to the Wayuu Taya Foundation, a nonprofit focused on improving the lives of Latin American indigenous communities.According to the tax filings, from 2002 to 2018, Maxwell's foundation held an average of about $20,000 in total assets each year and appeared to be used to make a few small donations per year, possibly to purchase tickets to some of the fundraisers and charity galas at which she was often photographed.The foundation's total recorded assets peaked in the tax year ending in June 2003 at $42,947, according to available tax filings. By 2018, that number had dwindled to $1,245.Maxwell's whereabouts have been unknown, and authorities have had trouble locating her, The Washington Post reported.Kevin Mazur/VF14/Contributor/Getty ImagesThe Post reported on August 11, 2019, that Maxwell was believed to be living abroad and that authorities had not been able to locate her.A Daily Mail report from August 14, 2019, said Maxwell had been living in Manchester-by-the-Sea, Massachusetts, with the tech CEO Scott Borgerson.However, when contacted by Business Insider, Borgerson denied that Maxwell was staying at his house. He said that he had been out of the country traveling for work for the past week and that the house had been empty.Maxwell's legal team did not previously respond to Business Insider's request for comment on her location.But after a year of laying low, Maxwell was arrested by the FBI on July 2, 2020, according to multiple reports.Ghislaine Maxwell at Spring Studios in New York City on October 18, 2019.Sylvain Gaboury/Patrick McMullan via GettySenior law enforcement officials told News 4 New York, an NBC affiliate, that Maxwell faces "Epstein-related" charges and will appear in federal court in the Southern District of New York later Thursday.Her arrest comes a year after Epstein himself was arrested.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 28th, 2022

Meet Vladimir Potanin, the richest man in Russia. He"s worth $25 billion, plays ice hockey with Vladimir Putin, and hasn"t been sanctioned by the West.

Potanin was one of several Russian billionaires who helped fund the 2014 Olympics in Sochi. He invested $2.5 billion in a ski resort. Potanin reportedly has close ties with Vladimir Putin.Sovfoto/UIG via Getty Images Vladimir Potanin is the richest man in Russia, worth an estimated $25 billion. He's been known to vacation on yachts and play ice hockey with Russian President Vladimir Putin. Potanin has not been named on US or European sanctions lists. Vladimir Potanin is the richest documented person in Russia. He's worth $24.9 billion, the Bloomberg Billionaires Index shows.REUTERS/Maxim ShemetovPotanin was named in the infamous 2018 "Putin list" of prominent Russian political figures and oligarchs with ties to Russian President Vladimir Putin. Despite those close ties, Potanin is not on the growing list of Russian oligarchs — which includes Roman Abramovich and Oleg Deripaska — who have been sanctioned by the West.His net worth, however, has taken a massive hit since Russia began its full-scale invasion of Ukraine: His fortune has fallen by $25 billion — nearly a quarter of his wealth — per Bloomberg.Here's a look at how Vladimir Potanin makes and spends his fortune. Potanin, 58, is the majority shareholder and the CEO of Nornickel, the world's largest producer of refined nickel.The nickel plant of Norilsk Nickel's Polar Division in Norilsk, Russia.Anton NovoderezhkinbackslashTASS via Getty ImagesPotanin owns 34.6% of Nornickel, according to Reuters. Nornickel is responsible for almost 22% of the world's high-grade nickel production and about 40% of its palladium. The company pulled in $17.9 billion in revenue in 2021, according to Bloomberg.In 1990, Potanin founded Interros, a conglomerate with stakes in industries including mining, energy, and real estate. Open Investments was a real estate company under Interros, founded in 2002. Its market cap peaked at $5.1 billion in 2018, the company website shows. Potanin sold his shares in the company in 2010.Potanin controls Russian pharmaceutical company Petrovax, which developed a drug called Polyoxidonium in 2020, according to Bloomberg.The billionaire also has a sizable real-estate portfolio. He reportedly owns office spaces, hotel property in Moscow, land in central Russia, and a country club in the Moscow region.Nornickel did not reply to Insider's request for comment.Born in Moscow in 1961, Potanin is the son of a diplomat and a doctor. He studied international relations and went on to spend eight years working at the Soviet Ministry of Foreign Trade.Sovfoto/UIG via Getty ImagesWhen he was 30, Potanin met Mikhail Prokhorov, who would become his future business partner. The pair founded the International Company for Finance & Investments and then Onexim Bank, which became Russia's largest private bank at the time.Potanin became president of the bank in 1992, at age 32.In 1996, not long after Boris Yeltsin was re-elected president of Russia, Potanin was appointed first deputy prime minister in charge of energy and economy.Boris Yeltsin, the first president of the Russian Federation.Shepard Sherbell/Corbis via Getty ImagesPotanin was one of the Big Seven oligarchs who helped reelect Boris Yeltsin as president in 1996. Yeltsin appointed Potanin as his first deputy prime minister from August 1996 to March 1997.While working at the Ministry of Foreign Trade, Potanin masterminded the "loans-for-shares" program that would go on to become the source of many oligarchs' wealth.Russian billionaires and businessmen (L-R): Vladimir Potanin, Viktor Vekselberg, Roman Abramovich and Gennady Timchenko seen while visiting the Sirius education center for gifted children on July 19, 2016 in Sochi, Russia.Mikhail Svetlov/Getty ImagesUnder the "loans-for-shares" programs, wealthy entrepreneurs and banks loaned money to the Russian government in the 1990s in exchange for equity in the country's natural resource companies. The government often could not repay these loans, leaving many of the natural resource companies in the hands of wealthy individuals.It was through this program that Potanin acquired Nornickel, which would make him the richest man in Russia at the time.The loans-for-shares program created many of today's wealthiest Russian oligarchs, including Roman Abramovich, who's worth $13.9 billion and also holds shares in Nornickel.Since Russia's invasion of Ukraine, Abramovich has been sanctioned by the UK. Many of his assets, including Chelsea Football Club, have been frozen.While Potanin has not been sanctioned by the West over Russia's invasion of Ukraine, his relationship with Putin stretches back at least two decades.Russia's President Vladimir Putin attends a meeting of the Prosecutor General's Office Board in March 2019.Sergei SavostyanovbackslashTASS via Getty ImagesPotanin has been photographed at various events with Putin dating back to at least 2000.While Potanin's wealth is largely documented, Putin's assets are not: The Washington Post previously reported that financier Bill Browder had put Putin's potential net worth as high as $200 billion in 2015.Potanin also met on several occasions with Dmitry Medvedev, who was the president of Russia from 2008 to 2012 and then supported Putin in his re-election campaign. He served as prime minister in from 2012 to 2020.Potanin was one of several Russian billionaires who helped fund the 2014 Olympics in Sochi. He invested $2.5 billion in a ski resort and other facilities, per Forbes.Potanin speaks to President Putin at a Sochi Olympics venue in February 2013.IVAN SEKRETAREV/AFP/Getty ImagesPotanin built a ski resort in Sochi with nearly 50 miles of trails, a freestyle ski center, a snowboard park, one of the two Olympic Villages, and the Russian Olympic University, Forbes reported.Potanin said he did not get much return from his investment in the ski resort, according to the BBC."We were skiing with President Putin in Austria and there was talk that it would be good to have such resorts in Russia," he told the BBC in February 2013. "It's more a question of legacy," he added.Like a number of Russian oligarchs, Potanin is a collector of luxury yachts.The Anastasia yacht at the Monaco Yacht Show in 2008.AP Photo/Lionel CironneauPotanin bought the 248-foot Anastasia in 2008 and sold it in 2018 at an asking price of €75 million. The yacht was first put on the market six years earlier at an asking price of €125 million.In 2012, Potanin was delivered another yacht named Nirvana. Anastasia and Nirvana were among a series of three yachts that Potanin commissioned from yacht-builder Oceanco in the Netherlands. Barbara, built in 2017, is the third yacht in the collection.The 290-foot Barbara was at one time listed at an asking price of €165 million.The 289-foot Nirvana includes a 10-foot-deep plunge pool and a helipad.The Nirvana yacht seen in the Dubai International Marina in February 2016.NurPhoto/NurPhoto via Getty ImagesThe boat has six decks, which are connected by a main stairwell and a glass elevator.Nirvana, which was in the Maldives in early March, is currently moored in Dubai, according to ship tracker Marine Traffic.Another of the billionaire's hobbies is ice hockey. In a 2018 Financial Times interview, Potanin said he plays at least twice a week, owns his own private rink, and sometimes plays with Putin.Vladimir Putin, Vladimir Potanin, and others at an ice hockey friendly match of the Night Hockey League at an ice rink in Red Square in December 2018.Valery SharifulinbackslashTASS via Getty ImagesWhen asked who was the better player, Potanin simply said, "I am younger."Potanin was married to Natalia Potanina for 30 years. They divorced in 2014 amid a public dispute over the distribution of the billionaire's wealth.Sasha Mordovets/Getty ImagesPotanina told Business Insider in a 2014 interview that she was seeking half of Potanin's $15 billion fortune at the time of their divorce.The Russian Legal Information Agency later reported that Potanina received $6.8 million for her share of the luxury apartment the couple shared in Moscow (which Potanin kept) and three plots of land in the Moscow region.He married his second wife, Ekaterina, in 2014. They reportedly have a child together.Potanin has three children from his first marriage: Anastasia, Ivan, and Vasily.Anastasia Potanina during a freestyle event at the Women's Aquabike Racing World Championship in Moscow in 2005.AP PhotoPotanin reportedly spent $10 million on Anastasia's wedding in 2018, which took place at a luxury hotel on the French Riviera. The billionaire arranged transfers on private jets and paid for guests to stay at the five-star Hotel du Cap-Eden-Roc in Antibes.Potanin said in 2010 that he would donate most of his fortune to charity instead of giving it to his three children. Part of his motive was to "help my children avoid the pressure of billions," he said."There won't be an inheritance of my fortune. My capital should work for the good of society and continue working for these social aims," Potanin told the Financial Times in February 2010.In 1999, the billionaire created the Vladimir Potanin Foundation. The nonprofit seeks to implement "long-term educational and cultural projects in Russia," according to the billionaire's biography on Nornickel's website.The exhibition donated by Potanin at Pompidou Center in Paris.AP Photo/Francois MoriIn 2016, he donated 250 works of Russian and Soviet art to the Pompidou Center in Paris. He was awarded the French Legion of Honor the next year.Potanin was, until very recently, a trustee of the Solomon R. Guggenheim Foundation in New York. He resigned from the board on March 2, a statement from the museum said, reported The New York Times."The Guggenheim strongly condemns the Russian invasion and unprovoked war against the government and people of Ukraine," the museum said, per The Times.In 2013, Potanin signed The Giving Pledge, a global charity organization started in 2010 by Bill and Melinda Gates and Warren Buffett.Potanin, left, presents a check to children's sport schools after a charity ice hockey match in February 2018.Photo by Stanislav KrasilnikovbackslashTASS via Getty ImagesPotanin was the first Russian billionaire who signed the Giving Pledge. Signatories of the pledge vow to donate the majority of their wealth to charity."I genuinely believe that wealth should work for public good and, therefore, I am trying to make my own contribution toward a better world, especially toward a better future for my own country, Russia," Potanin wrote on The Giving Pledge's website.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMar 21st, 2022

Inside the wild and successful life of Sergey Brin, who helped create Google over 20 years ago and is now worth $97 billion

As a child, Brin fled Soviet Russia. Since then, he's helped build Google into a trillion-dollar business and become a billionaire several times over. Sergey Brin at the Vanity Fair Oscar Party in March 2022.Evan Agostini/Invision/AP Sergey Brin and Larry Page launched Google from a dorm room near Stanford University in 1998. Since then, Google has built the world's most popular search engine and branched out into everything from self-driving cars to life-extension research. Here's everything you need to know about the 48-year-old Brin, who is now worth over $97 billion. Sergey Brin, 48, is now valued at an estimated $97 billion, according to Bloomberg's Billionaires Index. But he comes from more humble beginnings.Justin Sullivan/Getty ImagesSource: BloombergBrin was born in the Soviet Union during the summer of 1973. His father dreamed of being an astrophysicist, but his Jewish background and the USSR's anti-Semitism kept him from those ambitions. Instead, he ended up working as an economist for a government planning agency and crunching numbers for Soviet propaganda, according to journalist Steven Levy's book, "In the Plex."Soviet soldiers in 1988.(AP Photo/ Liu Heung-Shing)Source: In The Plex The family managed to get exit visas and flee the USSR when Brin was 6. But his family's stressful, troubled experience left the Google cofounder with a lasting appreciation for democracy and freedom.Soviet short-range missiles pass below an image of Lenin on Red Square in 1989.AP Photo/Boris Yurchenko/stfSource: In The Plex The Brin family ended up in Maryland, where the Google cofounder was enrolled in a Montessori school that emphasized independence and fostering creativity. Later on, Brin would discover that his Google cofounder, Larry Page, had also gone to a Montessori school.An educational toy used by Montessori teachers.Rolf Vennenbernd/picture alliance via Getty ImagesSource: In The Plex Brin didn't revisit Moscow until he was 17, during a class trip led by his father. "Thank you for taking us all out of Russia," Brin told his dad. Spurred by a blossoming defiant streak, he threw pebbles at a police car, and almost got in serious trouble when the officers inside noticed, according to a 2007 profile of Brin.Moscow, Russia in 1990.AP Photo/Boris YurchenkoSource: Moment MagazineBrin earned his bachelor's degree in mathematics and computer science at the University of Maryland, and then flew west to Stanford to get his Ph.D. in computer science. There, his love of high-adrenaline exercise flourished: he tried out skating, skiing, gymnastics, and even trapeze.Page, left, and Brin in 2004.Ben Margot/APSources: Founders of Google, Moment MagazineBrin's resume from back in 1996, as he was working toward his Ph.D. at Stanford, is still available online. Before Google, Brin was more focused on making an algorithm for personalized movie recommendations, or finding a way to automatically detect cases of copyright infringement.Page and Brin eat lunch with Google employees in the cafe at Google in 2001.LEA SUZUKI/The San Francisco Chronicle via Getty ImagesSource: InsiderBrin met Google cofounder Larry Page at Stanford in 1995. The two reportedly found each other "obnoxious" at first, but they later became classmates and close friends who geeked out about computer science, according to a 2005 Wired profile.Larry Page, left, and Sergey Brin.RANDI LYNN BEACH / AP ImagesSource: WiredBrin and Page started collaborating in 1996 on a search engine they initially called BackRub. They registered the domain Google.com in September 1997 with the mission to organize the world's information, and dropped out of Stanford the following year to work on their search engine. The rest, as we now know, is history.Here's what Google.com looked like in 1997.The Internet ArchiveSource: WiredThe founders created the first Google Doodle in 1998 to let people know they weren't around to do damage control if the site broke — that's because they were at Burning Man, the freewheeling art festival in the middle of the Nevada desert.GoogleSource: InsiderBoth Brin and Page are "burners," meaning they're devout fans and attendees of Burning Man. When the time came to hire an outside CEO for Google, they approved the hire of Eric Schmidt in 2001 after learning he had attended the festival. They then brought him to Burning Man with them to "see how he would do."Jim Urquhart/ReutersSource: InsiderAs Google ballooned from simply a search engine to a massive corporation with dozens of diverse projects, Brin became the mastermind behind some of its most ambitious ones as the head of X, the company's moonshot factory. His projects included self-driving cars, smart contact lenses, and smart glasses.Dimitrios Kambouris/GettySource: The New Yorker For a long time, you couldn't spot Brin without the computerized Google Glass smart glasses. The New York Times reported that Brin may have played a big role in the product's rocky launch in 2012, rushing it into the world before it was ready for public scrutiny.Carlo Allegri/ReutersSource: The New York Times Brin also worked on Google's now-dismantled social network, Google Plus. He admitted onstage in 2014 that he should have never worked on it because he's "kind of a weirdo" and not very social. "It was probably a mistake for me to be working on anything tangentially related to social to begin with," Brin said.APSource: The VergeThose who have known Brin say he believes in using knowledge and power for the greater good. The Economist once called him the "Enlightenment Man," for his dedication to using reason and science to solve huge world problems.Getty Images / Justin SullivanSource: The Economist"Obviously everyone wants to be successful, but I want to be looked back on as being very innovative, very trusted and ethical," Brin has said. "And ultimately making a big difference in the world."Brin speaks to the media at a preview of Google's prototype autonomous vehicles in Mountain View, California, in 2015.Elijah Nouvelage/ReutersSource: ABC NewsBut even as Google grew into a multibillion-dollar company, Brin maintained the freewheeling spirit of the early days. Around Google's campus, he typically wore workout clothes and Vibram barefoot shoes, and he was frequently seen zipping around the office on Rollerblades, doing yoga stretches during meetings, or walking around on his hands for fun.Larry Page, left, and Sergey Brin on Google's campus in Mountain View, California, in 2003.Kim Kulish/Getty ImagesSource: Business Insider Brin also has a wild sense of humor. "He conducted job interviews once dressed as a cow," early Google employee Douglas Edwards once told Fast Company.Getty Images, Justin SullivanSource: Fast CompanyIn 2007, Brin married Anne Wojcicki, the CEO of genetics company 23andMe and the sister of early Google employee (and now YouTube CEO) Susan Wojcicki. For the wedding, the couple invited guests to a secret location in the Bahamas and wore bathing suits for the ceremony — which took place on a sandbar.Anne Wojcicki and Sergey Brin in 2012.Kevork Djansezian/Getty ImagesSource: Vanity Fair Brin and Wojcicki have two children together. Both kids have the last name Wojin, a portmanteau of their parents' last names.Anne Wojcicki and Sergey Brin. Steve Jennings / StringerSource: The New York TimesThe couple donated hundreds of millions of dollars to charity, including to Parkinson's research. The neurodegenerative disease runs in Brin's family (both his great aunt and mother had it) and a test through 23andMe — Wojcicki's company — revealed that Brin has a genetic mutation that makes him predisposed.Ruben Sprich/ReutersSource: Inside PhilanthropyTo lower his chances of getting Parkinson's, Brin started exercising even more intensely and drinking green tea twice a day. Due to his health regimen and scientific progress, he estimated in 2010 that he now has only about a 10% chance of getting the disease.From left: Brin, Eric Schmidt, and Larry Page.Mario Anzuoni/ReutersSource: WiredHowever, Brin's marriage to Wojcicki hit the rocks in 2013, and the couple separated. They officially finalized their divorce in June 2015 after eight years of marriage.Donald Bowers/Getty Images for The Weinstein CompanySource: InsiderIt later came out that around the time of his separation in 2013, Brin had started an affair with a Google employee who was also in a relationship with another high-level Google executive at the same time.Brin wearing Google Glass in 2013.Jeff Chiu/APSource: Vanity Fair, InsiderThe 2018 book "Valley of Genius" also described Brin as "the Google playboy" during the company's early days. "He was known for getting his fingers caught in the cookie jar with employees that worked for the company in the masseuse room," a former employee said. "He got around."Sergey Brin.Stephen Lam/ReutersSource: InsiderIn August 2015 Brin's title got a major upgrade when Google went through a major restructuring. Brin transitioned from director of special projects at the moonshot division, X, to become the president of Alphabet, Google's new parent company. Page was named Alphabet's CEO.Re/code, Asa MathatSource: InsiderMeanwhile, Brin and Page had become billionaires several times over. In 2005, they bought a 50-person plane together. Brin also owns a superyacht, Dragonfly, which he bought back in 2011 for $80 million.Larry Page and Sergey Brin.APSource: InsiderBrin owns real estate in both New York City and California. He's invested quite a bit of money in Los Altos, where he owns property, through a real estate investment firm called Passerelle Investment Co. The investments went toward helping mom-and-pop, kid-friendly stores and cafes spring up or stay in business.Houses in the hills in Los Altos, California.Andrei Stanescu/Getty ImagesSource: The Wall Street Journal In 2018, Brin married Nicole Shanahan, a lawyer and the founder of a legal-tech startup. The same year, they had a baby girl together.Sergey Brin and Nicole Shanahan.Kimberly White/Getty Images for Breakthrough PrizeSource: InsiderIn December 2019, Brin and Page shocked the world: They announced in a joint statement that they were stepping down from their respective roles at Alphabet. "We've never been ones to hold on to management roles when we think there's a better way to run the company," they wrote. Both Page and Brin remain members of Alphabet's board of directors.Larry Page and Sergey Brin.GettySource: InsiderIn June 2022, Insider reported that Brin had quietly filed for divorce from Shanahan, citing "irreconcilable differences." They've been separated since December 2021, according to court filings obtained by Insider.Taylor Hill/Getty ImagesSource: InsiderJillian D'Onfro and Paige Leskin contributed to earlier versions of this article.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 22nd, 2022

The US DOJ is seizing Roman Abramovich"s Boeing 787, a rare private jet worth $350 million. See inside examples of one of the largest private aircraft in the world.

The Boeing 787 business aircraft is rare to see, but a few are in existence, like the "Dream Jet" and Mexico's presidential plane. Kestrel Aviation Management Russian oligarch Roman Abramovich owned a $350 million Boeing 787 business jet. The plane is being seized by the US Department of Transportation as part of sanctions against Russia. A few other Boeing 787 private jets exist, including purpose-built planes and converted passenger Dreamliners. The US Department of Transportation has been "authorized to seize" two private jets from Russian oligarch Roman Abramovich: a Boeing 787-8 Dreamliner and a Gulfstream G650ER.Roman Abramovich no longer owns Chelsea FC.Clive Mason/Getty ImagesSource: US Department of JusticeAccording to an FBI affidavit, Abramovich "owned and/or controlled the Gulfstream and the Boeing through a series of shell companies."United States Attorney for the Southern District of New YorkSource: US Department of JusticeThe seizures are part of Western sanctions and other punishments imposed on ultra-wealthy Russians in response to the country's invasion of Ukraine.Russian oligarch Alexei Mordashov's super-yacht, "Lady M" was seized by Italian authorities on March 5.ANDREA BERNARDI/AFP via Getty Images.Abramovich's jets have a combined value of $400 million, though the 787 makes up most of that sum at $350 million, according to court records. The Dreamliner is currently in Dubai, while the G650ER is in Russia.United States Attorney for the Southern District of New YorkWhile many private jets and other luxury vessels have been seized in recent months, Abramovich's Dreamliner is of particular interest due to its size and rarity.Roman AbramovichLaurence Griffiths/Getty ImagesBoeing has converted a series of airliners into business aircraft, like Tony Robbin's BBJ 737. However, the wide-body 787 version is not common, as the jet was primarily designed for long-haul commercial flights. Only a handful of private examples exist.Tony Robbins' BBJ.Silver AirAbramovich's was bought from PrivatAir after the carrier filed bankruptcy in 2018. It is the world's most expensive private jet.A PrivatAir BBJ 737.Vytautas Kielaitis/ShutterstockSource: Luxury LaunchesThere are a few other Dreamliner business planes in existence, including purpose-built ones like HNA Group's "Dream Jet…"GENNA MARTIN/San Francisco Chronicle via Getty Images…and converted airliners, like Mexico's presidential 787.Marco Ugarte/Associated PressThe Dream Jet was recently sold and is no longer available for charters, Kestrel Aviation Management CEO Stephen Vella told Insider. Kestrel created the 787's interior in partnership with Pierrejean Design Studio of Paris.GENNA MARTIN/San Francisco Chronicle via Getty ImagesThere are few photos of the Russian billionaire's Dreamliner, but images of the other two jets can paint a picture of the luxuries that may lie inside — take a look.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementThe 2,400-square-foot Dream Jet was formerly operated by China's Deer Jet, which is a subsidiary of the HNA Group. The plane can travel over 17 hours and connect virtually any two cities on the globe.Kestrel Aviation ManagementBefore it was sold, the aircraft could be chartered out for $74,000 per hour and was rented by the rich and famous, like Cambodian president Hun Sen.Kestrel Aviation ManagementSource: CNNVella explained to Insider that the company was the very first to ever built an interior for the BBJ 787, but it was a complex job due to the plane's design and materials.Kestrel Aviation Management CEO Stephen Vella.Kestrel Aviation Management"The reason we were the first was people were a little twitchy about taking the risk of doing a proper VIP interior," he explained.Kestrel Aviation ManagementHowever, Vella and his team had experience with the 787 and were familiar with the plane, so they were able to mitigate the risks and tackle the challenges.Kestrel Aviation ManagementConsidered a "seven-star" hotel experience in the sky, Kestrel's plane features several living and working spaces, like a rotunda, galley, and crew rest areas at the front…Inside Kestrel's BBJ 787.Kestrel Aviation Management…a VIP bathroom…Inside Kestrel's BBJ 787.Kestrel Aviation Management…18 lay-flat seats for guests and other officials and six reclining seats for security teams and nannies…Inside Kestrel's BBJ 787.Kestrel Aviation Management…a dining room that can seat up to 12 people at two tables…Inside Kestrel's BBJ 787.Kestrel Aviation Management…a living room with a TV and day bed, which can separate into two separate couches…Inside Kestrel's BBJ 787.Kestrel Aviation Management…a private bedroom…Inside Kestrel's BBJ 787.Kestrel Aviation Management...a master dressing room...Inside Kestrel's BBJ 787.Kestrel Aviation Management…and an ensuite bathroom that connects to the bedroom via sliding doors.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementThe bathroom features vanities, sinks, and a standing shower.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementMeanwhile, the bedroom features a TV and closet space.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementThe living room has several seating areas, including loungers and couches. This space is meant for meetings, hanging out, talking, or playing games.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementAlso in the giant lounge is a hidden jumpseat, which is required per FAA regulations. Vella said there is a door that hides the seat after takeoff.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementVella said the floors are either wood or carpet and that the different shades of browns and grays were meant to separate the space.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementFor example, he used dark brown seats in the aft room and light brown in the main lounge in the center of the jet.Inside Kestrel's BBJ 787.Kestrel Aviation ManagementAnother Dreamliner private jet is Mexico's presidential 787. However, Vella explained that the plane is not a purpose-built BBJ, but rather a 787 airliner converted into a business aircraft.Associated PressSee inside the $218 million Boeing 787 jet that Mexico's president refuses to use and is now renting out for parties insteadNevertheless, the interior has been converted into several living spaces, including a bedroom…Inside Mexico's presidential plane.Marco Ugarte/Associated Press…and lounge areas.Inside Mexico's presidential plane.Marco Ugarte/Associated PressHowever, the plane is no longer being used as a presidential jet because the country's current leader, Andrés Manuel López Obrador, prides himself on his austerity and tries to fly commercial when he can.President López Obrador on a commercial flight.Marco Ugarte/Associated PressPreviously, the president said he sees the plane, which was bought for $218 million, as an "insult to the people" and "an example of the excesses" of the nation's former leaders, the New York Times reported.Marco Ugarte/Associated PressSource: The New York TimesBecause of this, Obrador tried to sell the plane in 2018 but had no offers. To convert the plane into an airline would be extremely costly, putting off buyers. He even tried to raffle it off, unsuccessfully.Marco Ugarte/Associated PressSource: The New York Times, France24To cover the upkeep costs, the government plans to rent out the now-$130 million aircraft for private events.Marco Ugarte/Associated Press"It will be open to the public if anyone wants it, because they're getting married ... and they want to bring their friends and family ... or coming of age parties, birthdays," López Obrador said, AP reported.Marco Ugarte/Associated PressSource: Associated PressRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 19th, 2022

Russian gold tycoon"s $300-million superyacht is sailing to America after being seized in Fiji

Suleyman Kerimov's luxury yacht is heading towards the West Coast of America after Fiji allowed the US to seize the vessel. Suleyman Kerimov and his $300 million superyacht Amadea.Mikhail Svetlov/Osman Uras/Anadolu Agency via Getty Images A sanctioned Russian oligarch's superyacht is heading for the US bearing the American flag. It comes after Fiji's supreme court ruled the yacht must leave the island. The superyacht is owned by Suleyman Kerimov, US authorities said when they applied to seize it. A Russian oligarch's $300-million superyacht is sailing to America under the US flag after being seized in the Pacific Island of Fiji for over seven weeks.A Fiji court ruled on Tuesday US authorities could take control of Amadea, a luxury yacht they said belonged to Russian gold tycoon Suleyman Kerimov.Fiji's supreme court ordered the yacht to "sail out of Fiji waters" because it was costing the Fijian government too much money to maintain.According to ship-tracking data from analytics firm Spire, Amadea is currently heading north-east towards the West Coast of America. The vessel left the port of Lautoka in West Fiji early on Tuesday, according to Spire.Amadea previously flew the Cayman Islands flag, but now it's bearing the US flag, according to vessel tracker MarineTraffic.Department of Justice spokesperson Anthony Cole confirmed in a tweet on Tuesday the yacht had set sail for the US with a new flag, after authorization from the Fijian court.—Anthony Coley (@AnthonyColeyDOJ) June 7, 2022 Kerimov's superyacht moored in Fiji on April 12 after sailing for 18 days across the Pacific.One week later, Fiji's high court imposed a restraining order on Amadea, meaning it couldn't leave the port. The court then ruled in early May the US was able to seize the vessel.The EU and UK sanctioned Kerimov on March 15 over his close links to Putin, but he had been sanctioned by the US in 2018 over alleged money laundering.Amadea, which can hold 16 guests and 36 crew onboard, has a helipad, jacuzzi, swimming pool, and a winter garden, according to Superyacht Fan.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 9th, 2022

I stayed in a 176-square-foot stateroom on Margaritaville"s first cruise ship and was severely disappointed — see inside

Margaritaville at Sea may be a new cruise brand but my $200 stateroom aboard the 30-year-old ship didn't feel contemporary or refreshed. Brittany Chang/Insider Margaritaville's first cruise ship is now operating two-night sailings from Florida to the Bahamas. I stayed in the almost 180-square-foot oceanview stateroom starting at $200. The cruise line is new but the stateroom aboard the 30-year-old ship didn't feel modern or refreshed. I spent a night in the oceanview stateroom on Margaritaville's first cruise ship, the Margaritaville at Sea Paradise.MargaritavilleBefore the cruise, I expected a modern stateroom decked out with all things Margaritaville and Jimmy Buffett …Margaritaville… similar to the hotel rooms inside Margaritaville's recent $300 million Times Square property ....Brittany Chang/InsiderSource: Insider… or the other heavily themed spaces aboard the Margaritaville at Sea Paradise cruise ship.Brittany Chang/InsiderInstead, when I first opened the doors to my stateroom, I was left feeling like the space didn't live up to its full sponge cake and sun bake potential.Brittany Chang/InsiderThe actual accommodations felt as old as the original "Margaritaville" song.Brittany Chang/InsiderAnd for a company that relies so heavily on its branding, the minimal decorations left me surprised and disappointed.MargaritavilleMargaritaville at Sea is the hospitality empire's first foray into the cruise industry.Brittany Chang/InsiderBut its first ship is nowhere near as new as the brand. It's actually about 30-years-old.Brittany Chang/InsiderMargaritaville partnered with Florida-based Bahamas Paradise Cruise Line to create the new brand.Brittany Chang/InsiderThe latter has since rebranded to Margaritaville at Sea …Brittany Chang/Insider… and its previous flagship vessel has similarly undergone a "multi-million dollar" transformation to become a floating Margaritaville resort.Brittany Chang/InsiderSource: InsiderThis initial investment was hefty, but it felt like the staterooms weren't a priority in this ship-wide refreshment.Brittany Chang/InsiderMy accommodation didn't feel as modern and updated as other recently unveiled cruise ships, which might be understandable given the age of the ship.Brittany Chang/InsiderBut in my opinion, the new cruise brand could have done a better job of turning the plain staterooms into an immersive Margaritaville experience.Brittany Chang/InsiderThe Oceanview stateroom I stayed in is the Margaritaville at Sea Paradises' mid-tier stateroom option starting at $200.Brittany Chang/InsiderTo compare, the interior stateroom starts at almost $170 …Brittany Chang/Insider… while the Grand Terrace suite has a starting price of almost $800.The McBride CompanyIt wasn't the grandest option, but my 176-square-foot oceanview stateroom still had all the basics …Brittany Chang/Insider… including a television, closet, bed, desk with a chair, and bathroom.Brittany Chang/InsiderWhen I first walked in, I saw rows of storage to my right and the bathroom to my left.Brittany Chang/InsiderA few steps past this, I found a small side table to my right, a desk with a large mirror to my left, and the bed in front of me.Brittany Chang/InsiderIt wasn't as sizable or modern as my last stateroom on the Celebrity Apex (seen below) but my little slice of Margaritaville still had all the bare necessities.Brittany Chang/InsiderSource: Insider The keyword here is "bare."Brittany Chang/InsiderI was expecting a bright room with blue, green, and white tropical decorations like this suite at the Margaritaville hotel in New York City, seen below.Brittany Chang/InsiderInstead, I was confronted with heavy wood-colored accents and a yellowish wall overshadowing whatever could've made the room feel bright and fresh.Brittany Chang/InsiderThe only reminders of Margaritaville were from the tropical wall art, the palm tree graphics on the nightstand, the wallpaper (shown below), and a branded ice bucket, paper pad, and pencil.Brittany Chang/InsiderIf the latter branded items weren't there, my accommodation would've looked like any old (emphasis on "old") cruise ship stateroom.Brittany Chang/InsiderNot to be fussy, but it didn't look like the picture on Margaritaville at Sea's website. Where's the small living room-like seating space under my windows? While this wasn't on the amenities list, it was in other guests' staterooms and pictured on the brand's website.The McBridge CompanySource: Margaritaville at Sea, YouTubeOr the "nothin' but a breeze" quote above my window that I've come to expect in almost every Margaritaville space?The McBridge CompanyOr even the decorative Margaritaville pillow which could've at least been a reminder of the cruise ship I was on?Brittany Chang/InsiderI'm obviously being picky, but these little details would've made the stateroom feel like it belonged to Margaritaville.MargaritavilleWallpaper and some framed pictures on the wall just don't cut it compared to how immersive Margaritaville's other properties have felt.Brittany Chang/InsiderAnd the bathroom wasn't any better. The bedroom may have received some decorative updates but the bathroom still felt very obviously like a 30-year-old room.Brittany Chang/InsiderThere was nothing wrong with it.Brittany Chang/InsiderBut besides the picture of a purple flower, the bathroom was totally plain (are you sensing a theme here)?Brittany Chang/InsiderAnd the literal drain hole near the shower floor was definitely a reminder of its age.Brittany Chang/InsiderOverall, my stateroom was nothing to rave about.Brittany Chang/InsiderWhile it had everything I could ask for in a cruise stateroom, it felt its age and didn't have the typical Margaritaville charm I was expecting.Brittany Chang/InsiderI'm not asking for a live parrot and a mini refrigerator filled with canned margaritas.Brittany Chang/InsiderBut when I step foot onto a Margaritaville-branded property, I expect to be immersed in the tropical laidback lifestyle the brand consistently touts.Brittany Chang/InsiderInstead, I was greeted by an old stateroom where the only reminder of Margaritaville was the wallpaper, some pictures on the wall, and some branded items.Brittany Chang/InsiderI'm no "Parrothead," but even I was disappointed by the lack of Margaritaville sparkle.Brittany Chang/InsiderLuckily, most of my complaints are superficial.Brittany Chang/InsiderMy stateroom — which starts at $200 — was perfectly functional. I don't have any glaring complaints other than my hair dryer blowing the room's power strip fuse (I should've known better).Brittany Chang/InsiderRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 5th, 2022

I sailed on Margaritaville"s new cruise ship and probably wouldn"t do it again

I was prepared to be immersed in a world of Margaritaville but I was left disappointed by the old ship, quality issues, and lack of cohesive branding. Brittany Chang/Insider I went on Margaritaville at Sea Paradise's one-night inaugural cruise. I was expecting the ship to feel like an immersive Margaritaville experience. Instead, I was disappointed by the lack of cohesive branding, the ship's age, and reported quality issues. I sailed aboard Magaritaville's first cruise ship, the Margaritaville at Sea Paradise, during its one-night inaugural trip.MargaritavilleI was expecting a floating resort with all things Margaritaville, but the vessel didn't end up being the "nibbling on sun cake, watching the sun bake" experience I was prepared for.Brittany Chang/InsiderWhen I first boarded the ship and came face-to-face with a towering flip flop statue, I was mentally prepared to be thrown into the world of Jimmy Buffett and Margaritaville.Brittany Chang/InsiderInstead, I was confronted with an aging vessel that only had a few splashes of the company's iconic branding.Brittany Chang/Insider"There may be some imperfections you will see around this ship," Oneil Khosa, Margaritaville at Sea's CEO, said during its "christening" ceremony. "We are striving to remove those imperfections. We are competing against ourselves to be the best."Brittany Chang/InsiderAt first, I wondered why the CEO of a cruise line would mention the ship's flaws during a landmark ceremony.Brittany Chang/InsiderBut after spending one night on the ship, I now understand.Brittany Chang/InsiderI don't think Margaritaville at Sea was ready for its guests.Brittany Chang/InsiderThe company is one of the newest brands to enter the recovering cruise industry, but the ship isn't as new as its name.MargaritavilleBefore the hospitality empire stepped in, the Paradise was known as the Grand Classica, the 30-year-old flagship vessel of budget cruise company Bahamas Paradise Cruise Line.Brittany Chang/InsiderWhen Margaritaville and Bahamas Paradise joined forces, the latter company and its cruise ship adopted the Margaritaville at Sea's name.Brittany Chang/InsiderTo turn the Grand Classica into a floating Margaritaville resort, the old ship underwent a "multi-million investment and refurbishment," according to Margaritaville.Brittany Chang/InsiderSource: InsiderIt's hard to hide your age without some cosmetic intervention.Brittany Chang/InsiderUnfortunately, it seemed like my Oceanview stateroom — which starts at almost $200 — received almost none of it.Brittany Chang/InsiderMy stateroom's plain bathroom looked its age.Brittany Chang/InsiderNothing about it felt modern and new.Brittany Chang/InsiderAnd the wood-colored accents aged the rest of my stateroom. Here, the only references to Margaritaville were in the four pieces of tropical wall art …Brittany Chang/Insider… wallpaper …Brittany Chang/Insider… a nightstand with a palm tree graphic …Brittany Chang/Insider… and a branded ice bucket, notepad, and pencil.Brittany Chang/InsiderBesides my power strip that blew a fuse when I tried to use my hairdryer (my fault), my complaints are purely cosmetic.Brittany Chang/InsiderBut when I tried to use the public restroom on the pool deck, the flush almost fell off its mount.Brittany Chang/InsiderSuddenly, the imperfections Khosa alluded to were making more sense.Brittany Chang/InsiderBut the ship's aging appearance didn't disappoint me the most.Brittany Chang/InsiderInstead, it was the lack of immersion into the Margaritaville world.Brittany Chang/InsiderBesides some signage and wall art that referenced Buffett's lyrics, the ship didn't feel like a strong representation of Margaritaville.Brittany Chang/InsiderAnd remnants of the vessel's pre-Margaritaville life were still evident as I walked around.Brittany Chang/InsiderSome furniture, lights, and carpets were unchanged during the refurbishment, according to pictures of the Grand Classica still available on Bahamas Paradise Cruise Line's website.Brittany Chang/InsiderSource: Bahamas Paradise Cruise LineAnd while the decor wasn't horrendous, it didn't fit with the Margaritaville look I've seen at its restaurants and New York City hotel.Brittany Chang/InsiderIf you're a Parrothead, you'll still be delighted by the names of the amenities aboard the ship …Brittany Chang/Insider… like the License to Chill bar …Brittany Chang/Insider… Port of Indecision buffet …Brittany Chang/Insider… and Stars on the Water Theater and Bar.Brittany Chang/InsiderBut don't expect too many additional Buffett references or Margaritaville themes past these signs and some lyrics on the wall.Brittany Chang/InsiderOne of the only exceptions to this is the alfresco 5 o'Clock Somewhere Bar and Grill, which has a statue of a giant blender, literal limelights …Brittany Chang/Insider… and lyrics of “It's Five o'Clock Somewhere” printed on the wall.Brittany Chang/InsiderIn my opinion, this was one of the only iconic Margaritaville spaces aboard the ship.Brittany Chang/InsiderHowever, I must give credit to the nighttime entertainment, which was all things Buffett.Brittany Chang/InsiderAt night, the theater hosts "Tales from Margaritaville: Jimmy's Ship Show," a musical production filled with back-to-back Buffett hits and just enough dialogue to move the show along.Brittany Chang/InsiderAs I looked around, I noticed fans delightfully singing along the entire show, a wholesome sight to see.Brittany Chang/InsiderBut as someone who could only name one Buffett song off the top of their head, I spent most of the show trying not to feel seasick as the ship vigorously rocked.Brittany Chang/InsiderAnother note: Margaritaville at Sea Paradise is small compared to the mega cruise liners available today.Brittany Chang/InsiderThere were points in the night when I couldn't walk without losing my balance. Apologies to everyone I almost slammed into — I promise I didn't have that many margaritas.Brittany Chang/InsiderAs for the food, the lunch buffet was understandably as small as the ship.Brittany Chang/InsiderIt was nothing too gourmet or special but at least there was a pasta bar and carved meat section.Brittany Chang/InsiderHowever, I can't say the same for my dinner at JWB Prime Steakhouse, which you might recognize from some on-land Margaritaville resorts. This meal was the highlight of my time aboard the ship.Brittany Chang/InsiderJWB might be one of the best steakhouse dinners I've ever had, and that's coming from someone who doesn't often enjoy eating steak.Brittany Chang/InsiderYou'll have to pay a premium to dine at the restaurant.Brittany Chang/InsiderBut if you're craving an upscale steak dinner, it's the best (and maybe your only) option of all the other dining venues aboard the ship.Brittany Chang/InsiderBesides bars, a nighttime show, and food, the Margaritaville at Sea Paradise has two small pools, including one adult-only option …Brittany Chang/Insider… a spa …Brittany Chang/Insider… and a mini fitness center to keep guests entertained at sea.Brittany Chang/InsiderBut it's not like you'll have days at sea to burn.Brittany Chang/InsiderThe vessel is only operating two-night sailings from Florida to the Grand Bahama island, so you won't find yourself with days of unoccupied time.Brittany Chang/InsiderBut in my opinion, two nights is more than enough time to spend on the Margaritaville at Sea Paradise.Brittany Chang/Insider"[Khosa] says the big guys don't need to worry about us because we're our biggest competitors," Kevin Sheehan Jr., Margaritaville at Sea's president, said during the ceremony. "But I will tell you: The big guys, take note. We're coming for you."Brittany Chang/InsiderMaybe my points of comparison are unfair, but I'm inclined to agree with Khosa.Brittany Chang/InsiderI've been on a handful of the "big guys'" new giant cruise ships like the Celebrity Cruises' Apex.The Celebrity Apex.Brittany Chang/InsiderSource: InsiderAnd no other cruise ship I've been on has felt this old and less thematically cohesive.Brittany Chang/InsiderI've visited enough Margaritaville properties to have a reasonable understanding of its inescapable strong branding and tropical laidback theme.Margaritaville Resort Times Square.Brittany Chang/InsiderThis branding is what makes Margaritaville stand out from other hospitality companies and it could've been the cruise ship's biggest sell.Brittany Chang/InsiderAfter all, doesn't the laidback lifestyle Buffett croons about seem like a match made in heaven for a cruise line?Brittany Chang/InsiderI wasn't expecting live parrots flying around or a visual scavenger hunt of hidden salt shakers.Brittany Chang/InsiderBut I was hoping for some additional decorations that conveyed "Margaritaville."Brittany Chang/InsiderIt felt like the company focused most of its refurbishment on a handful of areas …Brittany Chang/Insider… while simply slapping on a new sign and some references to Jimmy Buffett lyrics in the other spaces.Brittany Chang/InsiderSure there's some wallpaper of palm trees, bright green paint, a mosaic of a beach view by one of the bars, and lyrics painted on the wall.Brittany Chang/InsiderBut many of the common spaces didn't feel uniquely Margaritaville.Brittany Chang/InsiderInstead, the Margaritaville at Sea Paradise, with all of its quality issues, felt as old as the original song.Brittany Chang/InsiderI'm not an ardent "Parrothead" who grew up listening to Buffett so I would argue I am objectively qualified to give my final review: I probably won't take a cruise with Margaritaville at Sea Paradise again.MargaritavilleRead the original article on Business Insider.....»»

Category: dealsSource: nytMay 29th, 2022

Take a look at this 88-foot yacht concept designed to imitate a luxury sports car with "touches from Lamborghini"

The 88-foot LXT88, created by Naval Yachts, features a jacuzzi and can reach speeds as high as 42 knots, or about 48 miles per hour. Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval Yachts Naval Yachts unveiled a concept yacht created to look like a luxury car. The 88-foot yacht is called the LXT88. It features a jacuzzi and can go as fast as 42 knots. In recent years, design firms have made yachts emulating Lamborghinis and Ferraris. The LXT88, created by Turkey-based Naval Yachts, is 88 feet long and was inspired by the sleek and futuristic designs behind some of the world's most popular super cars.Naval Yachts released a concept design for its LXT88 on May 20, 2022.Courtesy of Naval YachtsNaval Yachts told Robb Report the yacht was inspired by a client who is a super car enthusiast."We took some touches from Lamborghini," Barış Dinc, co-owner of Naval Yachts, told Robb Reports.A Lamborghini Huracan LP 610-4 Spyder is presented on the first press day of the Frankfurt Auto Show IAA in Frankfurt, Germany, Tuesday, Sept. 15, 2015.AP Photo/Jens MeyerThe LXT88 has an orange hull that follows the sleek lines of a super car and a stern with rough edges akin to the grill of a sports car.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsThe yacht not only takes on the aesthetic of a super car, but it can go as fast as 42 knots, or about 48 miles per hour.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsMost yachts cruise at an average speed between 20 to 30 miles per hour.The yacht will have a lightweight aluminum structure, two MTU 1600 V12 engines, and an inline stern drive system to maximize speed and maneuverability, Naval Yachts told Insider.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsThe vessel features a forward-facing jacuzzi to add to the luxury experience on the yacht.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsNaval Yachts told Insider it will release interior design concepts in the coming days.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsBut, Boat International reported the LXT88 will include three cabins for guests and living quarters for two crew members.The vessel will also have a saloon and dining area, per Boat International.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval YachtsNaval Yachts said in a press release the concept yacht is an attempt to combine the luxury experience of the yacht world with the speed and aesthetic of a super car.Naval Yachts released a concept design for its LXT 88 on May 20, 2022.Courtesy of Naval Yachts"With our innovative design and models that keep up with the modern world, we continue to ensure that our customers can reach the horizons they dream of in the most comfortable and safe way," the company said in its press release.Naval Yachts is not the first design studio and shipbuilder to create a ship concept inspired by a luxury vehicle. In 2020, Tecnomar released a cruiser in collaboration with Lamborghini for $3.5 million.Tecnomar Lamborghini 63 cruiser ship was released in 2020.Courtesy of TecnomarThe Italian shipbuilder released a second Lamborghini vessel in 2021 — a 130-foot superyacht called the EVO 130 Hard Top.Tecnomar's EVO 130 Hard Top superyachtCourtesy of TecnomarAnother Italian company, Lazzarini Design Studio, unveiled a 63-foot yacht inspired by a Ferrari last year.Lazzarini Design Studio unveiled its Gran Turismo Mediterranea yacht in 2021.Courtesy of Lazzarini Design StudioRead the original article on Business Insider.....»»

Category: worldSource: nytMay 28th, 2022

See inside the $340 million Airbus A330 private jet concept that looks like a superyacht with bedrooms, a deck, and glass floors

Lufthansa Technik's VIP A330 concept mirror's a superyacht, giving owners the freedom to go anywhere at any time and have a hotel at the destination. Lufthansa Technik Germany-based Lufthansa Technik is developing a $340 million VIP cabin concept on an A330 private jet. The design features a spa, bedrooms, standing showers, a dance floor, and a retractable deck. Also onboard is an Adventure Lounge below the main deck that can be viewed through glass floors. Germany-based maintenance, production, and development company Lufthansa Technik is designing a futuristic VIP cabin concept for deep-pocket customers.Lufthansa TechnikSource: Lufthansa TechnikThe concept, known as EXPLORER, was first introduced at the Monaco Yacht Show in September. The team explained the design was inspired by the freedom a superyacht gives owners, but takes the idea to new heights — literally.Lufthansa TechnikSource: Lufthansa TechnikThe company's goal is to take the perks of owning a superyacht, including the ability to take people anywhere at any time and have a hotel at the destination, and put it on an airplane.Lufthansa TechnikSource: Lufthansa Technik"In yacht building, multifunctional exploration vessels have now become a class in their own right," Lufthansa Technik's head of sales for VIP & special mission aircraft services, Wieland Timm, said in a press release. "And many owners of such vessels also call an aircraft their own."Super yacht Stella Maris moored in Venice for the Arte Biennale 2017 on May 10, 2017 in Venice, Italy.Awakening/Getty ImagesSource: Lufthansa Technik"Unlike a yacht, however, our EXPLORER aircraft allows passengers to travel to the other side of the globe within hours and set up their own individual base camp for further activities," he continued. "This opens up completely new possibilities for explorers."Lufthansa TechnikSource: Lufthansa TechnikLufthansa Technik has chosen the Airbus Corporate Jet ACJ330 as the demonstrator for the design but says the VIP concept can be modified for any wide-body aircraft, like the A350 or the Boeing 787.Airbus/e*m company/P. MascletSource: Lufthansa TechnikOnboard, customers will find large, open rooms with plenty of seating and workspace. Specifically, the main lounge in the center of the jet features a long table that can double as a dining room or conference area.Lufthansa TechnikSource: Lufthansa TechnikBehind that is another large seating area with a retractable TV, coffee table, couches, and armchairs.Lufthansa TechnikSource: Lufthansa TechnikMeanwhile, bathrooms, standing showers, and bedrooms sit towards the rear of the plane.Lufthansa TechnikSource: Lufthansa TechnikAccording to Lufthansa Technik's rendering, there are three full-sized beds each sectioned off by a sliding door.Lufthansa TechnikSource: Lufthansa TechnikAlso in the aft of the plane is a quiet seating area with a large window, perfect for working. Meanwhile, the front of the aircraft houses another conference room, lavatories, and a galley area.Lufthansa TechnikSource: Lufthansa TechnikOverall, the concept is designed for up to 12 VIP guests but can be modified for up to 47 passengers.Lufthansa TechnikSource: Lufthansa TechnikThe company also plans to install a unique projection system developed in partnership with Diehl Aerospace. The "virtual content" extends from the ceiling and across the entire main lounge area. Options include an underwater theme…Lufthansa TechnikSource: Lufthansa Technik…a sky theme…Lufthansa TechnikSource: Lufthansa Technik…a disco theme…Lufthansa TechnikSource: Lufthansa Technik…an architecture theme…Lufthansa TechnikSource: Lufthansa Technik…and idle mode, meaning the projections are turned off.Lufthansa TechnikSource: Lufthansa TechnikWhile the special lighting and open spaces are impressive, Lufthansa Technik recognizes that creating an aircraft that mirrors a superyacht means incorporating more than just offices and bedrooms.Lufthansa TechnikSource: Lufthansa TechnikIn addition to the common living quarters seen on other private planes, Lufthansa's A330 includes several luxury rooms, including a dance floor, which is created by lowering the dining table in the main lounge…Lufthansa TechnikSource: Lufthansa Technik…a bar with additional seating…Lufthansa TechnikSource: Lufthansa Technik…and the impressive BRABUS Adventure Lounge.Lufthansa TechnikSource: Lufthansa TechnikThe lounge was designed in conjunction with automative tuning company BRABUS and sits below the main deck.Lufthansa TechnikSource: Lufthansa TechnikThe lounge can be viewed from above through glass floors…Lufthansa TechnikSource: Lufthansa Technik…and can be accessed from the main deck via a staircase.Lufthansa TechnikSource: Lufthansa TechnikAccording to Lufthansa Technik, the lounge can house "automotive treasures" or other "exploration vehicles." The renderings feature the limited edition BRABUS 1300R motorcycle.Lufthansa TechnikSource: Lufthansa TechnikAlso onboard is a one-of-a-kind open-air deck that extends out from the fuselage. The retractable veranda sits about four meters (13 feet) above the tarmac and replicates similar platforms seen on yachts.Lufthansa TechnikSource: Lufthansa TechnikThe demonstrator aircraft uses the cargo hatch for this area, but, according to Lufthansa Technik, the deck can be retrofitted onto passenger versions as well.Lufthansa TechnikSource: Lufthansa TechnikMeanwhile, the far rear of the plane features a multipurpose space that houses gym equipment for those "who do not want to do without their usual fitness and wellness facilities on long-haul flights."Lufthansa TechnikSource: Lufthansa TechnikThe area can also be converted into a spa, complete with a steam room and massage bed. Moreover, the space can be used as a hospital for emergencies, according to the company.Lufthansa TechnikSource: Lufthansa TechnikFor those that want to complement their superyacht with the unique private plane, the price of the design is about $100 million, Timm told Aviation Week in November.Lufthansa TechnikSource: Aviation WeekAdding that to the list price of a new A330-200 freighter, the total cost for Explorer could set customers back a whopping $340 million. Though, negotiations could lower that.Lufthansa TechnikSource: Simple FlyingRead the original article on Business Insider.....»»

Category: worldSource: nytMay 28th, 2022

This futuristic 360-foot superyacht concept valued at up to $600 million features a giant glass eye and a glass bottom infinity pool

Bhusan Powar Design said the dome window of the superyacht, titled "Zion," was created to look like a black hole. Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar Design Bhusan Powar Design unveiled a concept yacht with a giant dome window shaped like an eye. The 360-foot concept vessel is called "Zion" and includes a glass elevator and infinity pool. Superyacht sales hit a new record in 2021, as buyers snapped up more than 887 vessels. The yacht is 110 meters or 360 feet long and named "Zion," a word which means "highest point" in Hebrew.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar DesignBhusan Powar Design said the glass dome window at the center of the vessel was created to look like a black hole. The large window offers 180-degree views of the ocean.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Bhusan Powar DesignThe superyacht has an infinity pool with a glass bottom that allows a clear view of the ocean's depths.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar DesignThe vessel has a flybridge which the design firm said provides high visibility and serves as a prime location for lounging. Each level of the ship is connected by an all-glass elevator.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar DesignThe superyacht can accommodate about 20 guests, as well as 20 crew members. It has 10 rooms, including an owner's suite which is connected to the main deck via electronically operated sky lounge balconies on either side of the ship.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar DesignThe ship has a built-in garage that opens out near the waterline for deploying water sport vehicles. It also has a nearly 40-foot landing pad for a helicopter.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar DesignThe design firm said that it estimates the vessel would be worth about $500 to $600 million.Bhusan Powar Design created a concept design for a 110-meter superyacht called Zion.Courtesy of Bhusan Powar Design"Our concept 'Zion' attracts eyes with its modern elegance and surprises the owner with the mysteries of the deep," the designers said in a press release.The company did not specify how long it would take to build the ship or whether the concept would come to fruition.It's not Bhusan Powar Design's first superyacht concept.Bhusan Powar Design created a concept design for a 209-foot superyacht in 2019.Courtesy of Bhusan Powar DesignThe firm launched in 2019 in Goa, a city off the Arabian Sea. The same year, the firm — which describes itself as the "first luxury yacht design studio in India" — unveiled a concept for a 209-foot luxury yacht called "Blue Shark."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 21st, 2022

10 shows to stream if you liked Taika Waititi"s "Our Flag Means Death"

If you loved HBO Max's hit comedy, here are 10 other shows to watch with similar themes, actors, and comedic sensibilities. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Taika Waititi in "Our Flag Means Death."HBO Max If you finished "Our Flag Means Death" on HBO Max, you might be on the hunt for a new show to stream. There are plenty of worthwhile series with similar themes, casts, and styles of humor. Some of our top picks include other period piece comedies like "Dickinson" and "The Great." "Our Flag Means Death," HBO Max's hit pirate comedy, remains the most in-demand breakout series in the US more than a month after its season finale premiered. The show stars frequent collaborators Taika Waititi and Rhys Darby as Blackbeard and Stede Bonnet, respectively, and reimagines their pirate adventures together as a romantic comedy. If you recently finished streaming "Our Flag Means Death," you've probably been left craving more. Though a new season hasn't been announced yet, there are plenty of similar shows you can check out to fill the hole in your watchlist. From series with similar comedic sensibilities to programs that feature some of the same cast members, we rounded up 10 shows you should watch after "Our Flag Means Death." Our picks range from ensemble sitcoms to anachronistic period comedies, and all of our recommendations are rated fresh on review-aggregation website Rotten Tomatoes.Check out 10 shows to stream if you liked 'Our Flag Means Death''What We Do in the Shadows' (2019-)Kayvan Novak and Harvey Guillén in "What We Do in the Shadows."Russ Martin/FXStream "What We Do in the Shadows" on Hulu"What We Do in the Shadows" is based on the 2014 movie of the same name, which is co-directed by and stars Taika Waititi. Waititi returns as an executive producer and occasional guest start on the series.Like the movie, the show features a mockumentary style. The story follows the comedic adventures of four vampires — played by Kayvan Novak, Matt Berry, Natasia Demetriou, and Mark Proksch — who share a house in Staten Island with their familiar (Harvey Guillén). The humor in "What We Do in the Shadows" is similar in tone to "Our Flag Means Death." While Stede never fully adapts to life on the high seas and creates a ship that reflects that, the vampires in this show never quite adapt to modern life, which leads to hilarious fish-out-of-water situations.'Black Sails' (2014-2017)Sony Pictures Television / StarzStream "Black Sails" on Hulu and StarzThough not a comedy, "Black Sails" is a perfect fit for viewers who want more pirate action. Like "Our Flag Means Death," the show fictionalizes the lives of real pirates during the Golden Age of Piracy.The show is considered a prequel to the Robert Louis Stevenson novel "Treasure Island," and while it's more brutal and dramatic than "Our Flag Means Death," the series also features a central relationship between two men. Both shows also include appearances by characters inspired by the same historical figures, including Calico Jack, Blackbeard, and Israel Hands.'Portlandia' (2011-2018)Fred Armisen and Carrie Brownstein in "Portlandia."Portlandia/IFCStream "Portlandia" on AMC PlusFred Armisen, who recurs on "Our Flag Means Death" as Geraldo, one of Spanish Jackie's 19 husbands, is the co-creator and co-star of "Portlandia." The sketch comedy show, which ran for eight seasons, spoofs the city of Portland's reputation for being a haven to hipsters.Armisen and co-creator Carrie Brownstein play a rotating set of recurring pairs who mingle with the quirky people of Portland.'The Great' (2020-)Elle Fanning in "The Great."Ollie Upton/HuluStream "The Great" on Hulu"The Great" is referred to as "an occasionally true story" in season one and "an almost entirely untrue story" in season two. The show, which loosely charts Catherine the Great's rise to power in 18th Century Russia, adapts history in a similar way to "Our Flag Means Death." While Catherine the Great (Elle Fanning) and Emperor Peter III (Nicholas Hoult) were real people, the approach to storytelling on "The Great" doesn't aim for accuracy. Instead, the plot is nearly all fiction. The wickedly funny historical revisionism on "The Great" will appeal to fans of "Our Flag Means Death."Two seasons are now available to stream on Hulu and a third season is in the works.'Los Espookys' (2019-)"Los Espookys."Jennifer Clasen/HBOStream "Los Espookys" on HBO MaxAnother show co-created by and starring Fred Armisen, "Los Espookys" follows a group of horror-obsessed friends. Living in a country where strange happenings are a part of life, they take their love of everything horror and gore and start a business to provide haunts to people who need it. Fans of "Our Flag Means Death" will love the group dynamics of the show, where each character has their specific role to fill, but it never feels too cliché.'Veep' (2012-2019)Julia Louis-Dreyfus and Sam Richardson in "Veep."Paul Schiraldi/HBOStream "Veep" on HBO MaxHBO's award-winning political satire follows the life and career of the fictional Vice President Selina Meyer (Julia Louis-Dreyfus). The show has a really strong ensemble and, similar to "Our Flag Means Death," they all react differently to incompetent leadership.A lot of the show's comedy comes from these reactions — some members of the staff overcompensate, while others double down on incompetence. And while Vice President Meyer's team never openly plans a mutiny the way Stede's crew does, you always know they're thinking about it.'Flight of the Conchords' (2007-2009)Jemaine Clement, Bret McKenzie, and Rhys Darby in "Flight of the Conchords."HBOStream "Flight of the Conchords" on HBO Max"Flight of the Conchords" is one of the first projects that Taika Waititi and Rhys Darby worked on together. The series follows the adventures of a New Zealand folk music duo (played by real-life musical comedy duo Jemaine Clement and Bret McKenzie) as they try to make it in New York City. Darby plays a lead role in the show as the duo's well-intentioned manager and Waititi directed four episodes. Kristen Schaal, who has a memorable guest appearance on "Our Flag Means Death," is also a main cast member. The show has a quirky sense of humor and is filled with memorable comedy songs.'Ghosts' (2021-)Utkarsh Ambudkar, Rose McIver, and the cast of "Ghosts."CBSStream "Ghosts" on Paramount PlusAfter a freak accident in her new home, Samantha (Rose McIver) wakes up from a coma to find that she can now see and interact with ghosts. As Sam adjusts to her new reality, she gets to know all of the ghosts trapped in her house and even helps them find closure with the living. Like "Our Flag Means Death," "Ghosts" features a well-written, three-dimensional gay character in the form of Captain Isaac Higgintoot — a ghost who died in the Revolutionary War."Ghosts" is a new American sitcom that airs on CBS and streams on Paramount Plus, but it's adapted from an equally great British show. You can stream the BBC version on HBO Max.'Reservation Dogs' (2021-)Devery Jacobs and Paulina Alexis in "Reservation Dogs."Shane Brown/FXStream "Reservation Dogs" on HuluTaika Waititi co-created "Reservation Dogs" with filmmaker Sterlin Harjo. The dramedy is about teenagers living on a reservation in rural Oklahoma as they try to scrape up enough cash to move to California.The show is notable for having an all-Indigenous writing and directing team, plus a cast and crew made up of almost entirely Indigenous North Americans. The first season is now available to stream and a second is in development.'Dickinson' (2019-2021)Hailee Steinfeld and Wiz Khalifa in "Dickinson."AppleStream "Dickinson" on Apple TV PlusLike "Our Flag Means Death," "Dickinson" uses historically accurate settings and costumes but blends them with modern stylistic elements and humor. Focused on the life of Emily Dickinson, the comedy series stars Hailee Steinfeld as the title character.Where "Our Flag Means Death" uses Fleetwood Mac's "The Chain" as the soundtrack for a pivotal scene toward the end of the series, "Dickinson" also makes great use of modern music, most notably with songs by Mitski, Taylor Swift, and Billie Eilish. Though the romantic plotline in "Our Flag Means Death" is fictional, the relationships in "Dickinson" are more closely linked to the poet's real life. All three seasons are now available to stream on Apple TV Plus.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 13th, 2022

A 414-foot superyacht formerly owned by Paul Allen is now available to book for 7-day charters to Antarctica for $2.2 million — take a look at the vessel

The Octopus isn't your typical yacht or cruise. The megayacht can accommodate 12 guests and has two helipads, an aquarium, and a hyperbaric chamber. Camper & Nicholsons A 414-foot luxury yacht will be available to charter with Camper and Nicholsons beginning this summer. The yacht, previously owned by Microsoft cofounder Paul Allen, starts at $2.2 million a week. See inside the luxury ship, which can accommodate 12 guests and 42 crew members. One of the world's largest megayachts with a famed past can now be yours to charter for a week to Antarctica …Camper & Nicholsons… as long as you have millions of dollars to spend and a lust for ultra luxury travel.Camper & NicholsonsThe Octopus, a 414-foot luxury megayacht, will be available to charter for trips around Europe, the Americas, and Antarctica beginning this summer with yacht firm Camper and Nicholsons.Camper & NicholsonsThe multimillion-dollar price tag may be hefty, but it's no ordinary ship. The Octopus — one of the largest explorer yachts ever built — was previously owned by Paul Allen, the cofounder of Microsoft, Holly Overton reported for Boat International.Camper & NicholsonsSource: Boat InternationalThe Octopus' most recent owner acquired the megaboat in 2021, Francesca Webster reported for Superyacht Times. And shortly after, it joined Camper and Nicholsons' fleet for chartering opportunities.Camper & NicholsonsSource: Superyacht Times This is the first time the Octopus will be available for charter, and it'll definitely cost you a pretty penny to sail aboard the ship: Charters start at $2.2 million per week.Camper & NicholsonsThe Octopus can accommodate 12 guests — whether it be friends, family, or researchers — within its 13 cabins across three decks.Camper & NicholsonsThese cabins include a primary suite with a private elevator and an observation deck ...Camper & Nicholsons… two "VIP" suites, and seven double and three twin staterooms.Camper & NicholsonsTo make sure everything is running smoothly, the eight-deck yacht has room for 42 crew members.Camper & NicholsonsThe Octopus has amenities that can be found on a luxury cruise ship, like a large swimming pool, spa and gym, library, and an observation lounge.Camper & NicholsonsBut with a multimillion-dollar price tag, you'd probably expect more than just the typical cruise ship amenities.Camper & NicholsonsWell, you're in luck. The Octopus also has two helipads, an aquarium with a glass bottom, a movie theater …Camper & Nicholsons… a hyperbaric chamber, and a water toy collection that includes seven tenders, electric foils, and its own marina.Camper & NicholsonsThe typical cruiseliner and ultra-luxury yacht might have a pool, but they likely don't compare to the exclusivity of the Octopus'.Camper & NicholsonsThe ship can accommodate 12 people, but the pool and jacuzzi are surrounded by enough outdoor seating for a large party, a bar, and an extensive dining table ...Camper & Nicholsons... which will be perfect for outdoor lounging during multi-day charters around South and Central America, the Pacific Ocean, and northern Europe, which will run this summer and winter.Camper & NicholsonsIts ice-class hull also makes the Octopus durable enough to sail in colder climates like Antarctica.Camper & NicholsonsTo take advantage of this, Camper and Nicholsons has created a seven-day, $2.2 million Antarctica itinerary sailing this winter to give visitors an in-depth look at the continent.Camper & NicholsonsThis includes polar plunges followed by champagne in a hot tub, a look at seals and humpback whales in the wild, and hikes on a nearby island …Camper & NicholsonsSource: Camper and Nicholsons … all with the expensive comforts of one of the most luxurious yachts on the high seas.Camper & NicholsonsRead the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 28th, 2022

Ritz-Carlton"s new luxury cruise ship with penthouses at sea will sail in August starting — see inside the "yacht"

The Ritz-Carlton Yacht Collection's first cruiseliner, the Evrima, faced years-long delays and reports of budgeting issues. The Ritz-Carlton Hotel Company. The Ritz-Carlton Yacht Collection will debut its first cruiseliner, the Evirma, in August. The ship faced years-long delays amid COVID-19 and reports of budgeting issues. See inside the upcoming "yacht" with a sushi bar, two-story penthouses, and a cigar lounge. The booming cruise industry is about to get a luxurious five-star newcomer.The Ritz-Carlton Hotel Company.The Ritz-Carlton Hotel Company is bringing its exclusivity to the high seas with its new "yacht collection" cruise arm.The Ritz-Carlton Hotel CompanySource: Insider And you won't have to wait much longer to experience a floating Ritz-Carlton: Its first yacht, the Evrima, will sail this year.The Ritz-Carlton Hotel Company.It's been five years and a full pandemic since the brand first announced its intention to launch a yacht and cruise arm.The Ritz-Carlton Hotel Company.Source: The Ritz-Carlton Yacht Collection And after years-long delays amid COVID-19 and reports that the project ran $55 million over budget, the Evrima will finally set sail in August on a seven-night cruise around Greece.The Ritz-Carlton Hotel CompanyThe ship's sailings will generally span seven to ten night, but no two itineraries will be the same.The Ritz-Carlton Hotel Company.Source: Insider, The Ritz-Carlton Yacht CollectionDuring the sailing, guests will receive the Ritz-Carlton treatment aboard the over 623-foot cruise ship, or "yacht" as the brand likes to call the Evrima.The Ritz-Carlton Hotel Company.To compare, Royal Caribbean's Wonder of the Seas, the world's largest cruise ship, is 1,188 feet-long.The Wonder of the Seas.Royal CaribbeanSource: InsiderThe Evrima is much smaller than the mega cruiseliners, but this size will allow it to access more desirable ports of call in locations like Greece and France, according to the Ritz-Carlton.The Ritz-Carlton Hotel Company.The ship can accommodate almost 300 passengers within its 149 luxury hotel suites at sea.The Ritz-Carlton Hotel Company.Imagine two-story penthouse lofts, suites with private terraces and whirlpools …The Ritz-Carlton Hotel Company.… large bathrooms with bathtubs, and living rooms that rival that of a luxury apartment.@franciscomartinez/The Ritz-Carlton Hotel CompanyAll of the Evrima's staterooms will have terraces with views of the ocean, king beds …@franciscomartinez/The Ritz-Carlton Hotel Company… floor-to-ceiling windows, and tall ceilings, providing every guest with the promise of opulence.@franciscomartinez/The Ritz-Carlton Hotel CompanyMultiple suites can also be booked together to create larger "open-concept" rooms.The Ritz-Carlton Hotel Company.The Evrima leans into the brand's luxurious reputation with the promise of pampering …The Ritz-Carlton Hotel Company.… like cold towels and chilled mint water when you first step aboard the ship.The Ritz-Carlton Hotel Company.Source: The Ritz-Carlton Yacht CollectionDuring warm sailing days, passengers can spend their afternoons in the whirlpools and infinity pool (or they could just opt for a water misting while they're sunbathing).The Ritz-Carlton Hotel CompanySource: The Ritz-Carlton Yacht CollectionPassengers can also spend their time at sea lounging at one of the several common spaces, which include an open-aired observation deck, a cigar lounge, and a cocktail and piano bar.The Ritz-Carlton Hotel CompanyThe ship will also have spa rooms with private terraces, personal trainers in the gym …The Ritz-Carlton Hotel Company… and a list of places to dine, like the European inspired "S.E.A" restaurant designed by the chef that runs the Ritz-Carlton, Wolfsburg hotel's three Michelin-starred establishment.The Ritz-Carlton Hotel CompanyIf you're not feeling a European tasting menu, you could instead opt for the sushi bar or the al fresco Mediterranean grill.The Ritz-Carlton Hotel CompanyAt ports of call, excursions will be led by local guides.The Ritz-Carlton Hotel CompanyBut if you'd rather stay aboard the ship, you can hang out at the marina, the ship's "private beach" with water toys.The Ritz-Carlton Hotel CompanySource: The Ritz-Carlton Yacht Collection Of course, this luxury comes at a cost.The Ritz-Carlton Hotel Company.You'll be paying Ritz-Carlton prices to experience the brand at sea: Itineraries range from a five-night cruise in February from Florida to the Bahamas starting at $4,100 …The Ritz-Carlton Hotel Company.… to an 11-night sailing in Turkey and Greece starting at $12,500. This price increases two to threefold for more expensive suites.The Ritz-Carlton Hotel CompanyThe Evrima hasn't started its inaugural season yet, but the brand already has plans to launch its next two cruise ships, the Ilma and Luminara, in 2024 and 2025, respectively.The Ritz-Carlton Hotel CompanySource: The Ritz-Carlton Yacht CollectionRitz-Carlton isn't the only hotel and hospitality company that'll be launching a cruise brand this year, although it's certainly the most luxurious.The Ritz-Carlton Hotel Company.In late-2021, Margaritaville announced its plans for a cruise ship, which will begin setting sail in May.The Margaritaville Paradise.The McBride CompanySource: InsiderRead the original article on Business Insider.....»»

Category: personnelSource: nytApr 24th, 2022

Russian oligarchs: Who they are, why they"re so wealthy, why they"ve been sanctioned, and how they"ve responded

Russia's oligarchs have seen their yachts, private jets, and luxury property detained under Western sanctions. Here's all you need to know about them. From left: Roman Abramovich, Vladimir Putin, Oleg Deripaska, and Alexei Mordashov.Alexander Hassenstein/UEFA/UEFA, Mikhail Svetlov, Sefa Karacan/Anadolu Agency via Getty Images Dozens of Russian oligarchs have been sanctioned by the West since Russia invaded Ukraine. They've since seen their luxury yachts detained, private jets impounded, and property seized. Here's an overview of who they are, how they've been affected, and how they've responded. Dozens of Russian oligarchs have been sanctioned by the West since Russian President Vladimir Putin began his invasion of Ukraine on February 24. They've since seen their luxury yachts detained, private jets impounded, property seized, and bank accounts frozen.Here's all you need to know about them.What is an oligarch?An oligarch is a member of an "oligarchy" — a small group of influential people that effectively controls a country. Individuals inside an oligarchy might hold top positions in business and politics, and they may be extremely wealthy.In the West, the word "oligarch" has come to be associated with wealthy Russian businesspeople. Most sanctioned Russian oligarchs are said to have close ties to Putin.Russian oligarchs sanctioned since the Ukraine invasion include the Chelsea Football Club owner Roman Abramovich, Rosneft CEO Igor Sechin, the Alfa-Bank cofounder Alexey Kuzmichev, and the EuroChem founder Andrey Melnichenko.Why are Russian oligarchs so wealthy?The fortunes of Russia's oligarchs usually stem from high-powered relationships in politics and business, Insider's Linette Lopez recently reported.Many, including Abramovich, benefited from the "perestroika" reforms to Russia's economy and political machine.In the 1990s, after the collapse of the Soviet Union, oligarchs amassed immense wealth and political influence as they bought industrial companies being sold off by the state. Abramovich, for example, bought the oil company Sibneft for about $250 million in 1995, in what was said to be a rigged auction. In 2005, he sold Sibneft back to the Kremlin-owned energy giant Gazprom for nearly $13 billion.When Putin came into power in 2000, he vowed to crack down on government corruption. Some oligarchs were exiled, but those friendly to Putin were able to climb the ranks.What are sanctions?The Council on Foreign Relations defines economic sanctions as the termination of trade or other financial relationships for foreign-policy or security reasons.In sanctioning Russia over its invasion of Ukraine, the West is using a three-pronged approach by targeting government, industry, and people.Why did the West sanction Russian oligarchs?Western officials say the oligarchs they've sanctioned enjoy close ties with Putin, which gives them considerable influence in Russia.The European Union, for example, said Abramovich had "privileged access" to Putin and that Alisher Usmanov had "particularly close ties" to the Kremlin and "actively supported" government policies to destabilize Ukraine.Abramovich has repeatedly denied the EU's assessment of his ties to Putin. Usmanov has said the sanctions are based on "false and defamatory allegations."It's unclear how much influence oligarchs can exert over the Kremlin. Mikhail Khodorkovsky, an exiled Russian oligarch and outspoken critic of the Kremlin, has said oligarchs are "just Putin's footmen" and "cannot influence him." He told CNN it was "pretty unlikely" that oligarchs would speak out against the invasion of Ukraine.Tom Keatinge, the director of financial-crime and security studies at the Royal United Services Institute, told CNN that sanctions on oligarchs were "frankly symbolic" and "definitely a PR exercise."How have sanctions affected Russian oligarchs?Some Russian oligarchs have had luxury assets seized and their bank accounts frozen. They've also been barred from conducting business in some countries and had their travel restricted, among other things.The sanctions have also had tangible effects on oligarchs' business interests and their day-to-day lives.Mikhail Fridman told the Spanish newspaper El País that he was "practically under house arrest" after being sanctioned and had to apply to the UK government to spend money. He also said his bank accounts, credit cards, and ATM cards had been blocked.Petr Aven told the Financial Times he was struggling to pay bills and wasn't sure if he'd be able to employ a driver or cleaner. He added that he didn't "understand how to survive" after being sanctioned.Fridman and Aven both stepped down from the board of LetterOne, an investment firm they cofounded, after being sanctioned. Since then, Aven said staffers at LetterOne were scared to meet with him. LetterOne employees were also told to ignore Fridman, the Financial Times reported.Severstal, the steel company owned by Alexei Mordashov, said it lost one-third of its sales a month after Mordashov was sanctioned because it could no longer sell its products to the EU.Which luxury assets are being seized and why?Western nations have detained billions of dollars' worth of superyachts linked to sanctioned Russian oligarchs. Experts told Insider that superyachts functioned as useful status symbols for oligarchs, while helping further their luxurious lifestyles.Yachts detained include a $120 million vessel linked to Sechin, two superyachts worth a combined $100 million linked to Kuzmichev, and the $578 million Sailing Yacht A, which is linked to Melnichenko.Other superyachts linked to sanctioned oligarchs continue to traverse the globe. A vessel with ties to Suleyman Kerimov, who has been sanctioned by the US, the UK, and the EU, set sail from Mexico in March and trekked for 18 days across the Pacific Ocean to Fiji.In late March, a $500 million superyacht returned to Russia from the Seychelles a month after Mordashov, said to be its owner, was sanctioned. Two superyachts linked to Abramovich, worth a combined $1 billion, were last seen in Turkey, which hasn't imposed sanctions.At least nine Russian-owned yachts have switched off their trackers since sanctions were imposed, seemingly to avoid being monitored.It's not just the oligarchs who are affected by the threat of yacht detentions: The crews on the vessels are also dealing with the fallout. Some have been fired, and some have had to deal with apparent vandalism. Crew members on one vessel were forced to catch and barbecue their own fish because local suppliers refused to serve and refuel the ship.How have oligarchs responded to sanctions?Some appear to have moved their yachts and private jets away from nations that might take them. Others seem to have shifted shareholdings to skirt sanctions.Some have stepped down from top executive roles. German Khan quit the board of the German oil company Wintershall Dea on March 15 after he was hit with EU sanctions. He also stepped down from LetterOne, along with two other billionaires, Kuzmichev and Andrei Kosogov, after Aven and Fridman left.Similarly, Mordashov stepped down as a director of both TUI, a Germany tour operator, and Nordgold, a gold-mining company. Mordashov has also recently moved a total of $2.6 billion worth of shares in these companies to a person believed to be his wife.The whereabouts of most of the sanctioned Russian oligarchs are unclear. But Abramovich was spotted in the VIP lounge of an Israeli airport in March on the same day a jet linked to him flew from Israel to Turkey, Flightradar24 data showed.Several oligarchs broke down in tears after their assets were frozen, a personal assistant to multiple oligarchs told the Daily Mirror.Who is Roman Abramovich, and why is he involved in peace talks?Abramovich, worth an estimated $13.9 billion, is Russia's most recognizable oligarch. Read Insider's profile of his rise from college dropout and Red Army conscript to rubber-duck trader, billionaire, and, ultimately, wartime peace envoy.The Wall Street Journal reported that in early March, Abramovich and some Ukrainian negotiators suffered symptoms from suspected poisoning after a meeting in Kyiv, Ukraine. The Kremlin dismissed the report, describing it as misinformation.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 21st, 2022

Oligarchs don"t just love their superyachts — they also use them to cement their status among Russia"s elite

"You have to have a yacht, otherwise you're not an oligarch," Anders Åslund, an economist and author of "Russia's Crony Capitalism," told Insider Russian oligarch Alisher Usmanov owns Dilbar superyacht.Mikhail Svetlov/Getty Images, Sabri Kesen/Anadolu Agency via Getty Images Oligarchs' superyachts have captured attention as sanctioned Russian elite have their assets seized. Their vessels function as necessary status symbols, experts told Insider. Of course, the multimillion-dollar superyachts also offer a life of luxury and sociability. In recent weeks, the West has seized at least nine multimillion-dollar luxury yachts belonging to Russian oligarchs as part of wide-ranging sanctions aimed at pressuring Russian President Vladimir Putin to stop his invasion of Ukraine.Private jets and luxury properties have been seized, too. But it's the superyachts worth hundreds of millions of dollars that have captured the public's attention."You have to have a yacht, otherwise you're not an oligarch," Anders Åslund, an economist and author of "Russia's Crony Capitalism," told Insider. "It's a very status-conscious group." Igor Sechin, Alexei Kuzmichev, and Andrey Melnichenko are among the Russian oligarchs who have had their vessels detained.Of the world's yachts measuring longer than 131 feet, US clients own roughly 23% and Russians own about 9%, according to a 2021 report from SuperYacht Times.US and Russian clients own a roughly equal number of 131-foot-plus superyachts built in the past decade, however, according to the SuperYachtTimes report.Bigger the yacht, bigger the statusRussian-owned yachts average roughly 200 feet in length, which is longer than vessels owned by people from the UK, France, Italy, and Germany, per the SuperYacht Times report.The size and value of the boats function as a sort of "who's who" of Russia's political elite, experts said. Åslund said the richest clients, like Putin, have yachts worth $600 or $700 million, while "run-of-the-mill billionaires" own vessels worth between $100 and $150 million."Clearly, there's an element of competition," Daniel Treisman, a professor of political science at UCLA and research associate at the National Bureau of Economic Research, told Insider. "A bigger yacht is a symbol of higher status."Russian billionaire Roman Abramovich owns at least two superyachts. The biggest, Eclipse, measures 533 feet and is worth around $700 million, per SuperYachtFan. And Alisher Usmanov owns the 511-foot Dilbar, the world's biggest yacht by gross tonnage, which is thought to be worth around $800 million.The "Eclipse" belonging to Roman Abramovich.Ali Balli/Anadolu Agency via Getty Images.What makes a superyacht?To be classified as a superyacht a vessel typically has to be at least 80 feet in length. Megayachts are longer than 200 feet.The world's longest superyacht is believed to be Azzam, a 590-foot Lürssen owned by the president of the United Arab Emirates.Some superyachts are used solely by their owners while others are chartered out, which can help owners cover some of their expenses, Benjamin Maltby, a partner at Keystone Law who specializes in superyachts, told Insider. Annual maintenance costs can add up to 10% of a vessel's sticker price, according to SuperYachtFan.Superyachts offer a luxurious lifestyleYachts also demand crew and entertainment costs."Once the owners and the guests board, they're going to be comfortable," said Betty De Varona of Florida-based brokerage Yachting Experts. "They're not going to be cooking their own dinners, making their beds, watching the boat. They're tended to."Drawing of Galactica Super Nova yacht, owned by Vagit Alekperov, CEO of Russian oil firm Lukoil.Heesen YachtsOne yacht owner, who is not a Russian oligarch, and asked to remain anonymous for privacy and security reasons, said that the large boats are just plain fun. (Insider verified his yacht ownership through documentation). The yacht owner told Insider that he bought the 142-foot Christensen in 2021, which is licensed to carry 12 passengers and is called "Grade I.""It's something you can bring all of your friends and family, and share with them and have an over-the-top vacation," he said, explaining that while on board, he and his friends could fish twice a day, eat food cooked by a private chef, jet ski, scuba dive, and explore remote islands.Phi superyacht, owned by a Russian businessman, was seized in London.Grace Dean/InsiderBrett Snyder, harbormaster at Eau Gallie Yacht Club in Indian Harbour Beach, Florida, said he could see why someone on the run might want one. "If you need somewhere to park some money, if things ever hit the fan, you can just bail. You can be anywhere the world," he said.It might look easy for a yacht to flit to Dubai or the Maldives. But, the purpose of yachts isn't secreting away money, Åslund said. "If you want something secret, buy an apartment in New York," he said.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 7th, 2022

Video shows the US making its first seizure of a Russian oligarch"s superyacht, the $90 million "Tango" docked in Spain

The US seized its first yacht on Monday after imposing several sanctions against Russian billionaires linked to President Vladimir Putin last month. A Civil Guard stands by the yacht called Tango in Palma de Mallorca, Spain, Monday April 4, 2022AP Photo/Francisco Ubilla The US seized a $90-million superyacht on Monday, the US Department of Justice confirmed. The vessel was seized in Spain and is believed to belong to Russian billionaire Viktor Vekselberg. It was the first yacht to be seized by the US, but European governments have seized dozens. The US seized a superyacht believed to belong to Russian oligarch Viktor Vekselberg in Spain on Monday.The seizure was a first for the US government after imposing sanctions against Vekselberg and other Russian oligarchs linked to Russian President Vladimir Putin last month. The sanctions targeted the billionaires' largest assets, most notably their multi-million dollar superyachts.The Associated Press was the first to report on the seizure, which was later confirmed by the US Department of Justice (DOJ). FBI and members of the Spanish Civil Guard searched the vessel on Monday morning, a spokesperson from the Spanish Civil Guard told Associated Press.A spokesperson from the Spanish Civil Guard did not respond to a request for comment from Insider, but the DOJ said in a press release that Spanish law enforcement acted under a request of the DOJ, following a seizure warrant filed in the US District Court for the District of Columbia."Today marks our taskforce's first seizure of an asset belonging to a sanctioned individual with close ties to the Russian regime. It will not be the last," US Attorney General Merrick B. Garland said in the press release. "Together, with our international partners, we will do everything possible to hold accountable any individual whose criminal acts enable the Russian government to continue its unjust war."The seized yacht, known as Tango, was seized at the Marina Real in Palma De Mallorca, Spain. The megayacht is 255-feet long and can accommodate about 14 guests alongside a crew of 22, according to Super Yacht Fan. The vessel is valued at $90 million, per the DOJ.The Justice Department posted a video on YouTube of Spanish authorities and the FBI boarding the yacht. The DOJ said Vekselberg — a billionaire who leads Renova Group, a metals, mining, and energy conglomerate — bought the yacht in 2011, but used shell companies to hide his ownership and "avoid bank oversight into U.S. dollar transactions related thereto." Experts previously told Insider that it can be a difficult and lengthy process to tie a yacht to its owner, as the yachts are typically listed under the names of secretaries and third-party business managers. Vekselberg is known to be a close ally to Putin and is worth about $16.9 billion, according to Bloomberg's Billionaire Index. Since March, the US has frozen Vekselberg's assets in the country and forbidden all US-based companies from doing business with the Russian billionaire. After Russia began its invasion into Ukraine on February 24, the US government assembled a task force to enforce the sanctions against Russia's elite. "We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets," US President Joe Biden said in his State of The Union address on March 1. "We are coming for your ill-begotten gains."It's not the first time that the billionaire has faced sanctions from the US. He was first sanctioned in 2018 and is currently facing sanctions from the EU and UK.While it is the first successful US seizure of a Russian Oligarch's yacht, the governments in Spain, Italy, and France seized several yachts owned by Russia's elite over the past month. The DOJ said it has obtained separate seizure warrants that target about $625,000 associated with other sanctioned parties in nine US financial institutions.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 4th, 2022

A sanctioned Russian oligarch"s $600 million superyacht set sail for a "scenic cruise" in the Mediterranean after docking in Turkey for 2 weeks

Roman Abramovich's yacht Solaris has been avoiding European countries that sanctioned the oligarch after Russia invaded Ukraine. Russian oligarch Roman Abramovich and his $600 million yacht Solaris.Mark Thompson/Ali Balli/Anadolu Agency via Getty Images Roman Abramovich's $600 million yacht left a Turkish port for a "scenic cruise," tracking data shows. The yacht, Solaris, left Bodrum, southwest Turkey, on Monday after docking there for two weeks. Solaris has avoided European countries that sanctioned Abramovich after Russia invaded Ukraine. A $600 million superyacht owned by Russian oligarch Roman Abramovich set sail on a "scenic cruise" in the Mediterranean on Monday, tracking data shows.The 460-foot Solaris departed the port of Bodrum in southwest Turkey on Monday morning, having been docked there for two weeks, according to the ship-tracking service Marine Traffic.Solaris' destination was last reported by Marine Traffic as "scenic cruise." As of 5:21 a.m. ET on Monday, Solaris was heading north-east after rounding a headland on the Turkish coast.Abramovich, the billionaire owner of Chelsea Football Club, was among the oligarchs sanctioned by the European Union on March 15, meaning his assets were frozen and he was banned from doing business in the bloc. The sanctions were imposed as part of Western efforts to punish Russia and President Vladimir Putin over the invasion of Ukraine.Having been docked in Spain in early March, the Solaris has since been avoiding European countries that sanctioned Abramovich, of which Spain is one.In late 2021, the Solaris was under repair in a shipyard in Barcelona. It set sail from there on March 8, 2022, some 12 days after Russia invaded Ukraine. The Solaris arrived in Tivat, Montenegro, on March 12 — two days after Abramovich was sanctioned by the UK and three days before the EU sanctions were imposed on March 15.Solaris left Tivat a day after it arrived and headed towards Turkey. The yacht arrived in Bodrum on March 21, per Marine Traffic data cited in an earlier report by Insider.The Solaris can accommodate up to 96 guests and crew members and has a price tag of $600 million, according to SuperYacht Fan.Governments in Europe have seized some vessels linked to rich Russians, including the UK detaining a $50 million yacht and Gibraltar's government impounding a $75 million vessel.Read the original article on Business Insider.....»»

Category: personnelSource: nytApr 4th, 2022

A Russian businessman"s $50 million superyacht was seized by the UK after mooring in London for an awards ceremony, government says

The yacht Phi is registered to a company based in the Caribbean and carried a Maltese flag "to hide its origins," UK authorities said. The superyacht Phi in Canary Wharf, east London.James Manning/PA Images via Getty Images The UK government said it seized a Russian-owned, $50 million superyacht on Tuesday. The yacht Phi is registered to a Caribbean firm and carried a Maltese flag "to hide its origins," UK crime agency said. The government opened an investigation after it was identified as potentially being Russian on March 13. A Russian-owned, $50 million superyacht was seized by the United Kingdom on Tuesday, the government said.It's the first superyacht to be detained in UK waters, according to the National Crime Agency, which worked with the government to detain the ship.The 192-foot vessel, called Phi, was detained by authorities in Canary Wharf, a business district in east London, according to a government statement sent to Insider. Phi was in London for a superyacht awards ceremony and was planning to set sail at midday on Tuesday, the government said.The UK government didn't reveal the name of the owner – apart from mentioning the person was a Russian businessman and the yacht was impounded as part of sanctions against Russia – and valued the yacht at £38 million ($49.9 million).The NCA said in a statement on Tuesday that Phi's owner was "deliberately well hidden."It added that the yacht was registered to a company based in Saint Kitts and Nevis in the Caribbean, and it carried a Maltese flag "to hide its origins."—Rt Hon Grant Shapps MP (@grantshapps) March 29, 2022 Phi was initially identified as potentially being Russian on March 13, the government said, adding that a subsequent investigation resulted in the yacht being seized.The superyacht, built by Dutch boat builder Royal Huisman, can accommodate a total of 23 guests and crew, according to SuperYacht Times. It has a fresh-water swimming pool and a wine cellar, the UK government said."Today we've detained a £38m superyacht and turned an icon of Russia's power and wealth into a clear and stark warning to Putin and his cronies," UK Transport Secretary Grant Shapps said in the statement."Detaining the Phi, proves, yet again, that we can and will take the strongest possible action against those seeking to benefit from Russian connections," Shapps added.Read the original article on Business Insider.....»»

Category: smallbizSource: nytMar 29th, 2022