Russian steel billionaire’s new yacht is a tuxedo donning warship – The 464 feet long megayacht costs $500 million it has two helipads, a retractable hangar, a cinema, spa, and even barbeque areas.

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Russian oligarchs have a deep love for superyachts, and it is more profound than the oceans they take them on. Russian billionaire Roman Abramovich splurged on a $610M megayacht Solaris comprising 48 cabins. Russian Oligarch Farkhad Akhmedova’s beloved $320 million superyacht was embroiled in the center of his divorce dilemma. Oleg Tinkov’s 252-foot ice-breaking vessel is his prized possession capable of exploring the most remote destinations of the planet like the Arctic and Antarctic. 2021 saw yet another ultra-rich billionaire, Alexey Mordashov, buy himself a valuable gift- The Nord yacht! It’s no wonder that Russia is the second-largest market for superyachts after the United States of America.

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The beauty that is the Nord yacht:
German shipyard Lürssen handed this 464-foot behemoth to its owner Mordashov, at the beginning of 2021. Previously called Project Opus, Nord Yachts six-deck structure is divided between 20 luxurious cabins to house upto 36 guests.

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Designed by the experts in the business, Italian studio Nuvolari & Lenard, it is accurately described as a “tuxedo donning warship” and is estimated to cost than $ 300 million. This is only a few places behind Roman Abramovich’s Eclipse and Solaris yachts, Alisher Usmanov’s Dilbar, and Andrey Melnichenko’s Sailing Yacht A coming fifth in the race of largest Russian superyachts.

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This massive yacht can reach a top speed of 22 knots and was built for world cruising. Its size is akin to a military ship but there is no ignoring its suaveness and majestic silhouettes that make it luxe and impressive.

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The 40 member crew maintains the feature-rich vessel that comes with a large swimming pool, Jacuzzi on the sun terrace, spa, diving center, cinema, beach and barbecue area, and tender garage. The cynosure of the Nord has to be its two helipads on the bridge deck level.

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The lower deck is where all tender toys, sports, and diving centers are located. No matter which way this giant sails, it will not harm the stunning environment around as the exhaust gas cleaning system reduces harmful nitrogen emissions by 97%.

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Alexie Mordashov

Who is the owner of Nord?
Alexie Mordashov is the main shareholder and chairman of Severstal, a Russian conglomerate with interests in metal, energy, and mining companies. Bloomberg Business estimated Mordashov’s net worth at $25.8 billion, making him the fourth-riches man in Russia, owning the fifth-largest superyacht in Russia.

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If all family assets are considered, Mordashov ranks first among Russian billionaires and rightfully deserves a palatial vessel like the Nord megayacht.

They Lady M was exceedingly modest when compared to the Nord.

His earlier yacht was way humble:
After Nord made its way into the life of Mordashov, the billionaire decided to part with the smaller boat. His 200-foot vessel Lady M also flaunted a seven-meter pool and a helipad, but its highlight was the largest aluminum yacht ever built in the United States. Being nearly half the size of Nord superyacht, Lady M comprises three decks with six double guest cabins and seven double cabins for 14 crew members. The yacht that flaunts a top speed of 28 knots was on the market for around $30-35 million.

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.