/Russian oligarch's superyacht seized by Biden administration | USA TODAY

Russian oligarch's superyacht seized by Biden administration | USA TODAY

The U.S. government seized Russian oligarch Viktor Vekselberg’s $120 million super yacht in Mallorca, Spain.

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Associated Press reporters in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands, watched FBI and Homeland Security agents along with members of the Spanish Civil Guard go in and out of the Tango, Vekselberg’s $120 million vessel.

All of Vekselberg’s assets in the United States are frozen and American companies are barred from doing business with him and his entities. The Ukrainian-born businessman built his fortune by investing in the aluminum and oil industries in the post-Soviet era.

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