Russian oligarch’s seized superyacht to hit auction block


Take a look inside this floating moneybag before it goes under the hammer. 

The five-deck, glass elevator-equipped Axioma yacht will soon be sold to the highest bidder after being removed from the possession of its former owner, the Russian oligarch Dmitry Pumpyansky. 

The 236-foot vessel (originally known as Red Square) was seized by Gibraltar in March, following Russia’s invasion of Ukraine. It has the dubious honor of being the first Gibraltar-seized, Russian-owned superyacht to go up for auction since the start of the war, Insider reports

Built in 2013, the Axioma is currently valued at $75 million, costs about $7.5 million to run annually and — before being seized to repay Pumpyansky’s debt to JPMorgan — was available to charter for approximately $633,000 a week, reports the website SuperYachtFan. The ship features a steam room, a sauna, a bridge deck gym, a glass elevator, a helipad and a 3D movie theater — and comes with its own water skis, scuba diving equipment, snorkeling equipment and kayaks, according to its YachtCharterFleet profile

Alfresco dining areas abound, and there’s also a double-height salon with mezzanine and an “uber-chic infinity pool on main deck.”

gibraltar axioma yacht auction
Dmitry Pumpyansky is on the EU’s list of sanctioned Russians.
REUTERS
gibraltar axioma yacht auction
The vessel has five decks and measures in at 236 feet.
Courtesy of YachtCharterFleet
The vessel is set to get a new owner at auction.
The vessel is set to get a new owner at auction.
SOPA Images/LightRocket via Getty Images
gibraltar axioma yacht auction
The interior of the Axioma.
Howe Robinson Partners Ltd.
gibraltar axioma yacht auction
The ship has five staterooms and one primary suite.
Howe Robinson Partners Ltd.
gibraltar axioma yacht auction
The Axioma has its own sauna and comes with water skis.
Howe Robinson Partners Ltd.
gibraltar axioma yacht auction
Each of the five staterooms has its own color scheme.
Howe Robinson Partners Ltd.

There are five staterooms (one VIP suite, two doubles and two convertible twin cabins), each with their own color scheme, in addition to the skylit primary suite.

“Once in the Master bedroom, you will immediately be awestruck by the 180 degrees of panoramic windows,” the auction website boasts. “The ceiling can also be opened to reveal a glass roof for laying under the stars.”

The overall vibe is intended to be “contemporary beach house style,” the designer said, choosing to rebel against the “stiff formality of a glitzy hotel-inspired interior expected to be found on a yacht,” according to the YachtCharterFleet.

The auction follows JPMorgan winning a court order in Gibraltar this July, approving the boat’s sale after Pumpyansky reneged on a $20.6 million loan associated with the ship, Bloomberg reports



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