• The seized superyacht Amadea is now owned by a company with ties to billionaire Hussain Sajwani and his family. • Dubai-based Sajwani, who owns the Damac Group, has links to Donald Trump. • Earlier this year, the pair announced a $20 billion investment by Damac in the US.
A company linked to Hussain Sajwani, a Dubai-based billionaire and associate of President Donald Trump, bought the Amadea, the superyacht auctioned off by the US government in September.
The sale of the Amadea, a 106-meter luxury yacht that the government said it seized from sanctioned Russian oligarch Suleiman Kerimov in 2022, was finalized in October, Business Insider previously reported.
New registration documents reveal that an entity linked to Sajwani and his Damac Group is behind the purchase.
As of Octobe

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