Former Google CEO Eric Schmidt purchased an abandoned 267-foot superyacht anchored at a Caribbean marina for the past year.
“Alfa Nero” was ditched in Antigua in March 2022, shortly after Russia invaded Ukraine. The likely owner of the vessel is sanctions-hit Russian oligarch Andrey Guryev. The abandoned vessel was quickly deteriorating, uninsured, and posed a significant risk to other yachts in Falmouth Harbour. Earlier this year, the Antigua and Barbuda government put Alfa Nero, equipped with an infinity pool and helipad, up for auction to cover the monthly docking fees of $112,000.
On Friday, Bloomberg reported the winner of the auction was Schmidt. He “won the auction this morning in a fully transparent process,” purchasing the vessel for $67.6 million, according to Sir Ronald Sanders, Antigua’s ambassador to the US.
The US Treasury sanctioned Guryev last year and said he purchased the vessel for $120 million in 2014. He has denied ownership […]
Read the Whole Article From the Source: www.zerohedge.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.