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The 40-meter yacht “My Saga” sank off the coast of Italy.
According to BAZA, citing the Italian press, the owner of the yacht is Russian businessman Gennady Ayvazyan, co-owner of Kuzbassrazrezugol ;.
The mega-yacht sank in the Gulf of Squilacce while en route from Gallipoli to Milazzo.
“The crew reported water on board and then evacuated. They tried to tow the ship of the Russian oligarch to the port, but the weather conditions worsened and the yacht sank,” writes BAZA.
The cost of the yacht is estimated at $50 million.
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