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US, EU Seized Russian Billionaires' Yachts. Then Came the Bill
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What Is a Super Yacht?
The US and other western countries have gone after alleged ill-gotten gains. Among them are these enormous yachts that many of these Russian executives own. What is it about buying giant boats that appeals to them? It's a really great question. I mean many people ask why do you need a super yacht? No one needs a super yacht. You might need a house and you could have a grand house but I think it became a status symbol.
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