The 324-foot yacht is estimated to be worth USD 156 million. It requires extensive maintenance and repairs, including an estimated USD 1 million annually for repainting. The vessel is affiliated with designated russian oligarch and billionaire Andrei Vladimirovich Skoch (Андрей Владимирович Скоч), a former member of the State Duma of the russian federation (7th convocation) representing the United russia party (Единая россия). Skoch is linked to the designated russian holding company USM (ЮЭСЭМ, russian TIN 9731001285), whose assets include Metalloinvest, one of the world’s largest producers of iron ore and hot briquetted iron (HBI).