Russian Billionaires Taking Break from Monaco

By its very nature, the Monaco Yacht Show, taking place right now, isn’t for everyone. It seems one of its target markets, Russian billionaires, is laying low this year. It’s worth noting in this video from Bloomberg there appears to be no panic in the voices of the industry experts interviewed. The world’s superyacht fleet, some of which finds its way to the Pacific Northwest, will probably continue to have more than its share of Russian owners in the years to come.