Russian Oligarch’s $500m mega-yacht appears in the port of Hong Kong

by | Last updated on Oct 26, 2022 at 3:41PM | Published on Oct 8, 2022 | Superyachts

Russian oligarch Nord Mega-Yacht hero image

A $500m mega-yacht has just appeared in the port of Hong Kong.

It is known as ‘Nord’, and is reportedly owned by Alexey Mordashov, the second richest man in Russia.

READ MORE: This $10m yacht has three hulls and can travel half way around the globe on a single tank

Like most superyachts of this size, the 466-ft Nord was built by Lürssen in Germany.


Among other things, it has a gym, a swimming pool, a movie theater, a tender garage, a beach club, a sauna, a beauty salon, and two helipads.

You get the picture.

Ever since the start of the Russian invasion of Ukraine in February 2022, Russian oligarchs have been trying to fight off sanctions.

Many Russian billionaires have ties to the Kremlin, but they also own properties and mega-yachts in the territories where they’re being sectioned.

That’s what happened to Mordashov and his yacht.

The yacht is believed to have left Seychelles in March to avoid sanctions before reaching the Russian port of Vladivostok about a month later.

The trip reportedly cost $465,000 in fuel alone.

After spending nearly seven months in Vladivostok, the Nord left the port on the Sea of Japan and initially headed for the Vietnamese port of Da Nang.

However, she then abruptly changed her route and sailed to Hong Kong, where she arrived earlier this week.

Mordashov has made a fortune in the steel and mining industry, and he is currently the majority shareholder of Severstal.

He actually named his yacht after the first mining company he founded nearly 20 years ago: ‘Nord’.

Like most Russian oligarchs, Mordashov was blacklisted by the European Union and had his assets frozen.

In addition to the ‘Nord, he also owns more yachts, including the Lady M, a much smaller yacht that was seized by the Italian police in March 2022.


Check this out

De Tomaso unveils all-new $3 million hypercar, the P900

De Tomaso unveils all-new $3 million hypercar, the P900

This is De Tomaso’s all-new $3 million hypercar.  Called the P900, there will be just 18 examples ever made.  The good news is that there’s still a small number available to buy (if you’ve got $3 million to spend, that is). De Tomaso Automobili READ MORE!...

Ferrari signals new design language with new Vision GT concept

Ferrari signals new design language with new Vision GT concept

This is the Ferrari Vision Gran Turismo.  Ferrari says the concept car, which has been designed specifically for the Gran Turismo video game, represents the future of its road and racing cars.  This means you can expect to see aspects of the car in future...


Most Popular This Week


Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!