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Russian oligarchs have been looking for ways to park their money outside Vladimir Putin’s control for a long time, and the tackiest method available to them is the megayacht — so obviously, there are a lot of them. It is remarkably satisfying to see the yachts get seized.
An expensive toy for worthless people, the megayacht is the epitome of conspicuous consumption. For instance, the Amore Vero, linked to Rosneft CEO Igor “Darth Vader” Sechin, has a swimming pool that converts to a helicopter platform. This boat exists only to please Sechin and impress his guests; it has a similar relationship to regular boats as handmade silk toilet paper does to Charmin.
Here is a short and delightful list of megayacht action:
Sechin attempted to…
