A $500 million superyacht linked with Russia’s richest man was just able to pass through the blockaded Strait of Hormuz
- Posted on April 28, 2026
- By Fortune
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- 1 min read
A luxury vessel worth half a billion dollars, reportedly owned by one of Russia's wealthiest industrialists, has successfully navigated through the strategically critical Strait of Hormuz despite ongoing geopolitical tensions. The Nord, ranking among the world's largest superyachts, represents the complex dynamics of international sanctions enforcement and maritime logistics in disputed waters. This passage highlights challenges faced by authorities monitoring high-value assets connected to sanctioned Russian oligarchs.
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