"High-Stakes Showdown: The Epic Battle for the Abandoned Alfa Nero Yacht"

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Source: The Daily Beast
"High-Stakes Showdown: The Epic Battle for the Abandoned Alfa Nero Yacht"
Photo: The Daily Beast
TL;DR Summary

The Alfa Nero, a massive superyacht reportedly owned by Russian oligarch Andrey Guryev, is at the center of a three-way ownership battle between Guryev's daughter, the government of Antigua and Barbuda, and former Google CEO Eric Schmidt. The yacht, which has been subject to international restrictions and offshore ownership, was seized by the Antiguan government and auctioned off to Schmidt for $67.6 million. However, Guryev's daughter has filed an appeal claiming she is the rightful owner. Schmidt is withholding payment until the matter is resolved, and the government is seeking to expedite the sales process.

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