ladbible logo

To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

Mystery £532 Million Superyacht Swarmed By Italian Officials After Claims It Belongs To Putin

Mystery £532 Million Superyacht Swarmed By Italian Officials After Claims It Belongs To Putin

The luxurious vessel is currently stationed at the Italian Sea Group shipyard, but may be seized if proven to belong to Putin

A mystery superyacht worth £532 million has been swarmed by Italian officials after reports suggest it belongs to President Putin

If proven to belong to the President, officials may seize the yacht under sanctions imposed against Russia

This mysterious superyacht is not alone - over the past week, a number of vessels belonging to Russian oligarchs have been seized all around Europe, in a continued bid to sanction Russia. 

The 459-foot luxury superyacht in question, called Scheherazade, is currently stationed at the Italian Sea Group shipyard in Marina di Carrara. 

It has even been dubbed ‘Putin’s yacht’ by locals, although the vessel's captain denies it is owned by the Russian president.

Osman Uras/Anadolu Agency via Getty Images

However, in spite of the rumours, the yacht’s owner has remained a complete secret since its launch in 2020. 

The yacht is said to house a swimming pool that converts into a dance floor, gold-plated fixtures, two helicopter decks and several satellite domes. 

Captain of Scheherazade Guy Bennett-Pearce confirmed Italian investigators had been on board. 

He told the New York Times. “They are looking hard. They are looking at every aspect.

“This isn’t the local coppers coming down, these are men in dark suits." 

Bennett-Pearce was forced to hand over documents revealing the owner’s identity to investigators this week. 

Putin onboard a different superyacht.

Apart from revealing that the superyacht’s crew is about 70 percent Russian, the captain would not give any further information, as he was bound by a ‘watertight nondisclosure agreement’. 

He did however say that Putin had never been aboard, telling the outlet: “I have never seen him. I have never met him.” 

He added that the yacht's owner was not any sanctions list following the Russian invasion of Ukraine.

After authorities came on board to examine certification documents, the captain added: “I have no doubt in my mind whatsoever that this will clear the vessel of all negative rumours and speculations.” 

Retired clerk Ernesto Rossi said: “Everybody calls it Putin’s yacht. 

“It’s a rumour that’s been going around for months.” 


Scheherazade is not the only superyacht being targeted by authorities. 

Last week, a luxury vessel belonging to Putin ally Igor Sechin had been seized by French authorities, according to The Sun

This came after Alisher Usmanov had his £600 million superyacht taken away by German authorities. 

Russia’s richest man Alexei Mordashov was also hit by the sanctions, as his £45 million ship was seized by Italian officials at the northern harbour of Imperia. 

According to reports, the billionaire is now believed to be relaxing in the Seychelles, after sailing from the Maldives earlier this week. 

Featured Image Credit: Getty/Alamy

Topics: Russia, Vladimir Putin, World News