News Forum - Russian billionaire’s superyacht Samui visit spurs hope of wealthy tourists

[Thaiger]

The arrival of a few mega billionaires to the tourist island of Koh Samui and surrounding islands has sparked hope that Thailand will begin to see a rise in wealthy travellers again. Perhaps now that Covid-19 restrictions are finally mostly lifted, several luxury superyacht vessels have been spotted arriving on the shores of Samui. Most notably, Alexander Alexandrovich Svetakov, a Russian property developer worth billions, was seen arriving to Koh Samui aboard his Cloudbreak superyacht. The 54 year old Russian man is the chairman of the Absolut Group and is ranked number 881 on the list of the world’s most […]

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[WR2]

Great, so Thailand is welcoming of Russian oligarchs financing a genocide in Ukraine.  How heartwarming.

Edited July 17, 2022 by WR2

[ThaiEyes]

I wonder if that billionaire and his entourage will have to pay the 300 baht tourist tax?

[Morpheus]

Nothing to do with tourism, keeping their yachts safe from being seized and impounded.

[ultrasonic]

Sanctions have been requested:

https://sanctions.nazk.gov.ua/en/sanction-person/8740/

 

[KaptainRob]

13 minutes ago, ultrasonic said:

Sanctions have been requested:

https://sanctions.nazk.gov.ua/en/sanction-person/8740/

So he's not one of the good guys 

I wonder if he has anything to do with http://www.absoluteworld.com/ and its Thailand properties.

[Mohandas]

5 hours ago, WR2 said:

Great, so Thailand is welcoming of Russian oligarchs financing a genocide in Ukraine.  How heartwarming.

As opposed to welcoming the number of other oligarchs the world over.

A difference?

[dimitri]

55 minutes ago, Mohandas said:

As opposed to welcoming the number of other oligarchs the world over.

A difference?

 

Yes, it is different.  Oligarchs is a term used for corrupt Russian business men. 

 

[Mohandas]

47 minutes ago, dimitri said:

Yes, it is different.  Oligarchs is a term used for corrupt Russian business men. 

You need to get out more - broaden your understanding and knowledge.

[HolyCowCm]

Maybe someone will sink it. 

[Dmitrii]

How much a regular two week tourist spend in Thailand? $1000-$2000?

So, one million of regular two week tourists spend $1B-$2B, right?

And how much is this one billionaire will spend? Several million bucks? 

Numbers beat quality

[MrKevin]

Money matters, and Russian tourists brought a lot of money to the oppressed tourism business in Thailand after the coronavirus restrictions. The money of Russian oligarchs is blood money, because of war in Ukraine. And turning a blind eye to this means promoting Russia's military aggression.

Russian oligarchs are precisely those people who can help change the vector or even overthrow the barbaric power in Russia. Therefore, the sanctions of the civilized world, including on these people, must be tough and pursue them all over the planet. I am sure that the influence of the United States and its allies will sooner or later force the authorities of Thailand to make the right decision regarding the wealth of the barbarians from Russia.

This has already been done with the superyachts Amadea (awesome ship 106m long), Scheherazade, Tango, Valerie and several others. There is still a lot of unconfirmed information about the few more ships arrested all over the world. But even if the ship hides, the owner also suffers losses. Indeed, in normal times, part of the colossal costs of maintaining the vessel is compensated by renting the yacht (not all, but some), which in the case of sanctions and moving to distant countries will not be so easy to do.

[butterfly]

they can't park their super yatch in Monaco, or Capri, or St Tropez anymore, too risky

Thailand is the perfect place, but a bit expensive in terms of travelling with oil at the all time high :)

 

[BigHewer]

Here’s a closer look at Cloudbreak:

https://www.superyachttimes.com/yachts/cloudbreak

254th longest super yacht in the world. 9 of the top 250 have been seized since the sanctions began.

Thailand might be a safe place to hole up for a while