Germany has reportedly seized Russian billionaire Alisher Usmanov's $600 million yacht

The Dilbar in 2017.
(Image credit: Clive Brunskill/Getty Images)

Russian billionaire Alisher Usmanov's 512-foot yacht Dilbar has been seized by German authorities, three people familiar with the matter told Forbes on Wednesday.

Usmanov is one of the Russian billionaires and oligarchs facing European Union sanctions because of the Russian invasion of Ukraine.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.