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Owner Alexei Mordashov is Russia’s third-richest man.
He is the largest shareholder in Russian steelmaker Severstal and is understood to be close to Vladimir Putin.
His superyacht had been anchored at the port of Vladivostok since March.
This is understood to be worth around £450million.
But Forbes has pinned the figure closer to £470million.
Mordashov was sanctioned by the UK, the EU and the US in February following Russia’s invasion of Ukraine.
A spokesman for the businessman told Bloomberg that he is currently in Moscow.
They declined to comment on the movement of his yacht.
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It features two helipads, a cinema and at least 20 luxury cabins.
By March, the US alone had sanctioned over 400 Russian elites and entities.
The West has hoped to send a strong message to Moscow in response to its action in Ukraine – perhaps even to weaken Putin’s regime by battering its support.
Those sanctioned include 328 members of Russia’s Duma who have supported the invasion of Ukraine.
In the UK, Liz Truss has conceded that the Government’s sanctions are weakening our own economy.
But she stressed this was worth it due to the damage being inflicted in Ukraine.
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