Tim Conway Jr

Tim Conway Jr

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U.S. Seizes Yacht Owned By Russian Oligarch

U.S. authorities have seized a massive yacht owned by a Russian oligarch with close ties to Vladimir Putin.

  • The 254-foot, $120 million vessel was seized by U.S. and Spanish officials in Palma de Mallorca, Spain.
  • It belongs to 64-year-old billionaire Viktor Vekselberg, considered a close ally of Putin's.  
  • Vekselberg's assets have been frozen as part of the economic sanctions against Russia over its invasion of Ukraine.
  • Will economic pressures be enough to get Russia to call off its invasion?

Photo Credit: Getty Images


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