A luxury yacht formerly owned by sanctioned Russian businessman Dmitry Pumpyansky will be sold at auction on Tuesday after the billionaire failed to repay JPMorgan Chase & Co. a loan, according to an auctioneer’s website.
Axioma was seized in the British territory of Gibraltar back in March by authorities at the entrance to the Mediterranean Sea.
The ship is valued at $74 million dollars.
The 5-deck ship, which boasts an infinity swimming pool plus a 3D cinema, has drawn a “staggering amount of interest,” Hollyer said, citing about 115 inquiries and 28 inspections by potential buyers or their survey teams to date.
Bid on superyacht here