More than three weeks into Russia’s invasion of Ukraine, Western countries are tightening sanctions on Russian oligarchs and billionaires. The latest salvo came on Wednesday, when the British crown dependency of the Isle of Man announced that it had deregistered 18 Russian aircraft since March 3. Forbes found that nine of those aircraft—including Alisher Usmanov’s $350 million Airbus private jet and four helicopters owned by Roman Abramovich—are owned by sanctioned Russian billionaires.
By scouring aircraft registries and publicly available data, Forbes identified at least 12 jets and seven helicopters linked to eight sanctioned Russian billionaires. The aircraft are registered in Aruba, Bermuda, the Cayman Islands, the Isle of Man and Luxembourg, all of which have implemented EU or U.K. sanctions. Collectively, the 19 aircraft are worth at least $1.2 billion. Spokespersons for the aircraft registries and authorities in Bermuda, Luxembourg and the Isle of Man told Forbes that they are taking action against aircraft owned by sanctioned individuals.
