Italian police have seized villas and yachts worth at least €140m from four high-profile Russians who were placed on an EU sanctions list after Russia’s invasion ofA police source said a villa owned by the billionaire businessman Alisher Usmanov on Sardinia, and a villa on Lake Como owned by the Russian state TV host Vladimir Soloviev, had both been seized.
Russian oligarchs are believed to have bought numerous villas in desirable Italian locations over the past 20 years and sources said more assets were expected to be seized in the coming days as western states implement sanctions to try to force Russia to withdraw from Ukraine. Usmanov, an Uzbekistan-born metals and telecoms tycoon, is well known in Italy for owning multiple properties on Sardinia, while Italian media say Mordashov owned a villa worth €66m on the same island.
His 65-metre yacht the “Lady M” had a price tag of €65m and was impounded in the north-west port of Imperia, while Timchenko’s ship, Lena, which is worth €50m, was seized in nearby Sanremo, a judicial source said.
I’ll house sit the Villa in Sardinia 🙋🏻♀️
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