<p>A luxury yacht worth over half a billion US dollars belonging to sanctioned Russian oligarch Alexey Mordashov has docked in Hong Kong waters, according to shipping records, after a week-long voyage from Russia.</p>.<p>Mordashov was among a number of Russian oligarchs sanctioned by the European Union and the United States after Russia's invasion of Ukraine for their links to President Vladimir Putin.</p>.<p>The vessel tracking website, Marine Tracker, showed the yacht, Nord, arrived in Hong Kong on October 5, after a voyage of seven days from Vladivostok in the Russian Far East, down through the Sea of Japan and East China Sea.</p>.<p>The Hong Kong government's marine department did not immediately respond to <em>Reuters</em> questions on whether it was aware of the sanctions imposed on the vessel's owner.</p>.<p>The multi-storey yacht, with six decks and a helipad, could be seen on Friday docked in waters west of Hong Kong's iconic Victoria Harbour, flying a Russian flag at the stern.</p>.<p>The 465-foot (141-meter) Nord was manufactured by a German shipyard last year and is one of the world's most extravagant luxury yachts, worth $521 million according to Forbes magazine.</p>.<p>In March, another luxury yacht owned by Mordashov, the 65-metre (215-ft) "Lady M", was seized by Italian police in the port of Imperia.</p>.<p>In recent months, a number of Russian-owned superyachts have been moved to parts of the world considered beyond the reach of Western sanctions, including Turkey, parts of Asia, and the Caribbean.</p>.<p>Mordashov built his wealth around the Russian steel producer Severstal (CHMF.MM).</p>.<p>Taking into account the assets of his family, Forbes estimates that Mordashov had an estimated net worth of $29.1 billion before sanctions hit, making him the richest man in Russia.</p>
<p>A luxury yacht worth over half a billion US dollars belonging to sanctioned Russian oligarch Alexey Mordashov has docked in Hong Kong waters, according to shipping records, after a week-long voyage from Russia.</p>.<p>Mordashov was among a number of Russian oligarchs sanctioned by the European Union and the United States after Russia's invasion of Ukraine for their links to President Vladimir Putin.</p>.<p>The vessel tracking website, Marine Tracker, showed the yacht, Nord, arrived in Hong Kong on October 5, after a voyage of seven days from Vladivostok in the Russian Far East, down through the Sea of Japan and East China Sea.</p>.<p>The Hong Kong government's marine department did not immediately respond to <em>Reuters</em> questions on whether it was aware of the sanctions imposed on the vessel's owner.</p>.<p>The multi-storey yacht, with six decks and a helipad, could be seen on Friday docked in waters west of Hong Kong's iconic Victoria Harbour, flying a Russian flag at the stern.</p>.<p>The 465-foot (141-meter) Nord was manufactured by a German shipyard last year and is one of the world's most extravagant luxury yachts, worth $521 million according to Forbes magazine.</p>.<p>In March, another luxury yacht owned by Mordashov, the 65-metre (215-ft) "Lady M", was seized by Italian police in the port of Imperia.</p>.<p>In recent months, a number of Russian-owned superyachts have been moved to parts of the world considered beyond the reach of Western sanctions, including Turkey, parts of Asia, and the Caribbean.</p>.<p>Mordashov built his wealth around the Russian steel producer Severstal (CHMF.MM).</p>.<p>Taking into account the assets of his family, Forbes estimates that Mordashov had an estimated net worth of $29.1 billion before sanctions hit, making him the richest man in Russia.</p>