‘Russian asset tracker’ tallies $ 17.5B worth of oligarchs’

A new online database is pulling back the curtain on the massive wealth accumulated by cronies of Russian President Vladimir Putin.

The “Russian Asset Tracker” was unveiled Monday by the Organized Crime and Corruption Reporting Project, with details on $ 17.5 billion worth of luxury homes, aircraft, yachts and bank accounts tied to 10 oligarchs, government officials and others.

Topping the list is oil tycoon Roman Abramovich, who the OCCRP says is worth at least $ 8 billion, down more than 30 percent since he was slapped with sanctions by Britain, Canada and the European Union.

His holdings include an $ 89.3 million seaside estate on the French Riviera and a $ 15.3 million mansion on Austria’s Lake Fuschi.

Abramovich – the embattled owner of Britain’s Chelsea Football Club – also has an estate in Saint Tropez, France, and an Airbus M-SOLO helicopter, the values ​​of which are unknown, according to the OCCRP.

Close behind is aluminum magnate Oleg Deripaska, who had a net worth of $ 5.7 billion and whose $ 65 million mansion in London’s swank Belgrave Square neighborhood was briefly seized by anarchist protesters last week.

Deripaska, who was sanctioned by the US in 2018, also owns a $ 31 million mansion on Montenegro’s Adriatic coast, three seaside villas on the Italian island of Sardinia, worth a total of $ 409 million and a Clio “superyacht,” value unknown, according to the OCCRP.

Roman Abramovich, well know as a Russian closest oligarch of President Vladimir Putin, in a bathing suit.
Roman Abramovich, whose worth is estimated at at least $ 8 million, topped the list.
EliotPress / MEGA
The superyacht, Solaris, owned by Roman Abramovich, arrives in the waters of Porto Montenegro on March 12.
The superyacht, Solaris, owned by Abramovich, arrives in the waters of Porto Montenegro on March 12.
Filip FilipovicGetty Images
  Russia's President Vladimir Putin, left, and Russian metals magnate Oleg Deripaska, right, walk to attend the APEC Business Advisory Council dialogue in Danang.
Russian metals magnate Oleg Deripaska was briefly seized by anarchist protesters last week.
Mikhail Klimentyev / AP

Telecom, media and mining mogul Alisher Usmanov – whose 500-foot megayacht, the Dilbar, was seized by German authorities on March 2 – is reportedly still worth around $ 3.4 billion, with 27 Swiss bank accounts holding more than $ 2.1 billion in cash.

Usmanov also owns an Airbus A-340-300 passenger plane worth $ 350 million and two mansions in North London worth $ 96.1 million and $ 30.8 million, according to the OCCRP.

Also included on the list is Moscow’s chief prosecutor, Denis Popov, whose wealth is estimated at $ 5.6 million, TV and radio anchor Vladimir Soloyvyov, who has an apartment and a villa on Lake Como, Italy, worth a combined $ 1.2 million, and Putin envoy Yury Chaika, who owns property in Greece valued at $ 400,000.

Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdings Alisher Usmanov during an awarding ceremony at the Kremlin in Moscow.
Russian businessman and founder of USM Holdings Alisher Usmanov is reportedly still worth around $ 3.4 billion.
Alexei Nikolsky and REUTERS
Super yacht Dilbar 15,917 tones, owned by Russian billionaire Alisher Usmanov departing the Port of Southampton.
Russian billionaire Usmanov’s superyacht departs the Port of Southampton.
UCG / Universal Images Group via G

Kremlin spokesman Dmitry Peskov, who was sanctioned by the US earlier this month, is also listed as owning an apartment on Avenue Victor Hugo in Paris, although its value is unknown.

Louise Shelley, director of the Terrorism, Transnational Crime and Corruption Center at George Mason University, said, “This will help European countries identify prime targets to go after.”

“Of all the people named, only Oleg Deripaska is identified with property in the United States,” she said.

Kremlin spokesman Dmitry Peskov attends a joint news conference of Russian President Vladimir Putin and Belarusian President Alexander Lukashenko in Moscow.
Kremlin spokesman Dmitry Peskov is listed as owning an apartment on Avenue Victor Hugo in Paris.
via REUTERS

Lawyer Tom Firestone, who specializes in transnational investigations and co-chairs the white-collar and internal investigations practice at Stroock & Stroock & Lavan, also said that “identifying the assets is just step one.”

“This is helpful, but you can not seize assets until you have evidence that will stand up in court linking them to the commission of a crime,” he said.

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