Russian billionaire Alexander Svetakov anchors in Bodrum with mega yacht
The crew prepares Cloudbreak for departure on the docks in Falmouth, U.K., Nov. 11, 2020. (Getty Images Photo)


Russian billionaire Alexander Svetakov is on holiday with his 72-meter (236-foot) yacht worth $120 million in Türkiye's Bodrum.

The Cloudbreak, a yacht owned by Alexander Svetakov, who has a fortune of $2.5 billion, anchored in Yalıkavak the other day. The yacht, said to be worth $120 million, features a pool, sauna, massage room, cinema and gym. The mega yacht is among the most expensive in the world.

According to Forbes, Alexander Svetakov is a major property owner in the Moscow region, with a significant portion of his holdings in New Moscow. He began his career by importing electronics from Asia. In 2007, Svetakov sold Absolut Bank, one of his earlier ventures, for $1.4 billion – a record at the time for Russia's banking sector. His investment group, Absolut, was involved in a diverse range of businesses, from real estate to caviar extraction. In recent years, Svetakov sold his caviar business and shifted his focus to residential real estate.

He currently holds a fortune of $2.5 billion.