Biden's hitting Russia's yacht-riding rich with sanctions. Will it blunt Putin's Ukraine invasion? – USA TODAY

WASHINGTON – They own professional sports teams, travel the world in superyachts and stash their billions in Western real estate.
Russia’s wealthy oligarchs and political elites flaunt a level of unmatched in-your-face affluence across the world. This week, their wealth and connections to Russian President Vladimir Putin made some of them targets of President Joe Biden’s sanctions in response to the Kremlin’s ongoing military invasion of Ukraine.

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