who owns black pearl sailboat

Russian Oligarch’s 'Black Pearl' at the Center of Huge Legal Dispute Over His Fortune

By: Scott Way

Pirates weren't the type to write a will, but the one written by a Russian billionaire who owned the Black Pearl is now the focus of an epic estate battle. It seems there is no hiding on the seven seas.

The 350-foot long $200 million Black Pearl sailing yacht was commissioned by Russian oligarch Oleg Burlakov, who passed away in June at age 72. Burlakov was a self-made industrial tycoon with the nickname "The Cement King" who had business dealings across the chemical, aerospace, and energy industries. He was also a patriot and served in the Russian Air Force, then under the USSR moniker, through the 70's and 80's with a distinguished record. Upon leaving the military he invested heavily in the oil industry and eventually took control of one of Russia's biggest national companies, Novoroscement. He also later took the helm of oil exploration company Burneftgaz. When he sold Novoroscement in 2007 for $1.5 billion and Burneftegaz in 2014 for $1 billion, his fortune became massive. Oleg and his wife Lyudmila moved to Canada in 1995, and he was laid to rest in July 2021 in North York, a borough of Toronto. He is survived by his wife of 48 years, and two daughters Elena and Veronica.

Aside from his wealth and economic pursuits, Burlakov was also considered an eco-sailing pioneer for his work developing the Black Pearl , which he commissioned in 2010. The unique sailing yacht is widely considered an engineering feat due to both its size and self-sustaining construction. The ship carries three carbon fiber masts with over 31,000 sq ft of sail area, and has a maximum speed of 30 knots (35 mph) under wind power. The sails themselves absorb solar power to run the ship's electronic systems. The ship's builder, Oceanco , claims the Black Pearl can cross the Atlantic unsupported without burning any fossil fuel (although it does have diesel engines as backups).

But despite his wealth and influence Burlakov's death has triggered one of the biggest estate battles in human history. His first will, allegedly written in 2004, gave his entire fortune to his wife and daughters. However, three years ago Burlakov was accused of infidelity and he and his wife Lyudmila were in the midst of divorce proceedings at the time of his death. Now, a mysterious second will has emerged that favours Burlakov's sister and brother-in-law. The second will is apparently a two-page handwritten document written in a notebook that was discovered after Burlakov's death.

The assets in dispute include more than just the Black Pearl . There is also a $100 million mansion in Monaco, a private jet, and an estimated $4 billion in cash. The legal battle is taking place in court in Monaco, Italy, but focuses on a series of meetings between Burlakov and his wife and daughters in London in 2018. There, the family claims, Burlakov began a fraudulent scheme to hide his wealth and put it in the hands of his brother-in-law Nikolai Kazakov. According to Lyudmila and the daughters, Oleg claimed an agreement had always been in place with Kazakov for the bulk of his wealth. The meetings in 2018 didn't come to a resolution, and now with the appearance of a handwritten second will that favours Kazakov, the legal battle is just starting to set sail.

As for the Black Pearl , she is the second largest sailing yacht in the world behind fellow Russian billionaire Andrey Melnichenko's 469-foot Sailing Yacht A (although they were both set to get bumped down by Jeff Bezos' rumored 500-footer ). She was built by Dutch shipyard Oceanco, who also built Sailing Yacht A and are rumoured to be building the Bezos yacht. The ship is equipped with a unique propulsion system that harnesses solar energy generated while under sail, meaning it rarely needs to use its diesel engines to power its internal systems or provide propulsion. Each of her three carbon fiber masts is a staggering 229 feet high, and her custom-built DynaRig sails can be set in just seven minutes. Below deck there is room for 12 guests, a spa swimming pool, a hot tub, a cinema, and a beach club.

As for the legal proceedings, things are just heating up as Oleg's mistress Sofia Shevtsova has now entered the fray. The 27 year old Russian woman is threating to have Burlakov exhumed for a DNA sample to prove he fathered her child. If that proves true, Shevtsova will also be entering the legal battle for a share of the fortune.

You can get a great inside look at the story of the Black Pearl in the video below:

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Tributes paid to Oleg Burlakov "visionary" superyacht owner of Black Pearl

Tributes have been paid to Oleg Burlakov, owner of the 106.7 metre super sailing yacht Black Pearl , who has died at the age of 72.

The superyacht owner passed away on June 21 following a “brief battle” with COVID-19, according to the Black Pearl’s official social media channels.

The best photos of the Oceanco sailing yacht Black Pearl

“It is with great sadness that we announce the death of Oleg Burlakov the visionary behind the building of SY Black Pearl ,” the statement said.

It added that Mr Burlakov had been an “inspiration” and left a “positive legacy for the world and yachting community to follow.”

The top 10 largest sailing yachts in the world

The tri-deck sailing yacht Black Pearl was first delivered by Dutch yard Oceanco in 2018. It was built in collaboration with a cast of star superyacht designers - Dykstra Naval Architects , Ken Freivokh and Nuvolari Lenard . With a length of 106.7m, Black Pearl is the second-largest sailing yacht in the world .

Black Pearl builder Oceanco also paid tribute to Mr Burlakov, releasing a statement that described him as a “visionary”.

“His steadfast passion for the ocean and its preservation led to the creation of a remarkable vessel that proves yachting can exist in harmony with the natural world,” the statement said.

“His legacy will live on in the yachts of the future that will benefit from the technologies that Black Pearl has pioneered.”

Design studio Nuvolari Lenard added: “For four years he was guiding, leading and collaborating on all levels with Nuvolari Lenard Team, to complete his vision. Mr Burlakov has been the inspiration for us and has left a strong legacy for the whole world of the yachting community.”

The death of Mr Burlakov was confirmed by a statement released by his family, which read: “The family are mourning his loss and ask for privacy at this very difficult time.

“The family urgently requested information when they were informed, he had fallen ill but was kept in the dark. It is the family’s sincere wish that an independent international expert establish the circumstances surrounding his death.”

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The $200 million super yacht, the Black Pearl,...

The $200 million super yacht, the Black Pearl, docks in Tenerife

Canarian Weekly

One of the most spectacular yachts in the world worth over 200 million euros has docked in Santa Cruz today, called the Black Pearl which is owned by the family of Russian billionaire, Oleg Burlakov, who died on 21 st June 2021.

The luxury vessel, named in honour of the Pirates of the Caribbean, has been at sea since the end of 2018 and one of its favourite destinations has been the Balearic Islands, which it visited last year. However, now there is an opportunity to see it up close in the port of Santa Cruz.

The Black Pearl was built at the Oceanco shipyard in Rotterdam in 2016 and is 106.7 metres long. She has three 70-metre-tall carbon fibre masts (roughly the equivalent of a 15-storey building), supporting 2,900 square metres of sails that are stored in the masts, so they can be deployed in record time, and reflect the sunlight.

The Black Pearl is capable of crossing the Atlantic on just 20 litres of fuel with the help of clean energy. One of the key technologies to support this is using the speed of the ship through the water under sail to generate electricity with a variable pitch propeller and store it for later use, in a similar way to a Formula 1 car.

Oleg Burlakov, who owned the yacht, sold his electricity and oil company in 2014 for around 600 million dollars, and it is estimated that he spent around 30% of that money on the Black Pearl, which has all the comforts that money can buy.

According to the boating publication Boat International, the interiors are the yacht's best-kept secret, although designer Ken Freivokh revealed a detail that fits with the former owner's fondness for antiques, as he requested that a piano that belonged to Napoleon Bonaparte be fitted in one of the rooms.

The layout also includes the main salon and a huge private study, as well as the former owner's stateroom. There are four more double rooms for guests and family, plus a large gymnasium, a wine cellar with space for 4,000 bottles, an attached tasting room, a beach club, an upper deck cinema, and a hangar housing a dinghy and a limousine.

For once, I am writing this article with mixed emotions as my cousin was a high-ranking member of the crew on the Black Pearl, and a close friend of Oleg Burlakov who was loved and respected by those close to him and who worked with him.

If you get a chance, go to Santa Cruz and see her, as the Black Pearl is truly one of the wonders of the ocean.

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IMAGES

Black Pearl Yacht: An Insider’s Guide
Video: The inside story of the 106m Oceanco sailing yacht Black Pearl
The world’s largest sailing superyacht Black Pearl seen in Portland
Oceanco’s Black Pearl: The Largest Dynarig Sailing Yacht in the World
Second largest sailing yacht in the world 107m BLACK PEARL joins the
Oceanco delivers the 106m sailing yacht Black Pearl

COMMENTS

Black Pearl (yacht) - Wikipedia
Capacity. 12. Black Pearl at night. Black Pearl is a sailing yacht launched in 2016, which is 106.7 meters (350.1 ft) in length. [4] It has three DynaRig masts supporting a sail area of 2,900 square meters (31,215 sq ft). [4] The yacht was known during its build process originally as Oceanco Y712 and thereafter as "Project Solar".
Russian Oligarch’s 'Black Pearl' at the Center of Huge Legal ...
By: Scott WayPirates weren't the type to write a will, but the one written by a Russian billionaire who owned the Black Pearl is now the focus of an epic estate battle. It seems there is no hiding on the seven seas. The 350-foot long $200 million Black Pearl sailing yacht was commissioned by Russian oligarch Oleg Burlakov, who passed away in June at age 72. Burlakov was a self-made industrial ...
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Tributes have been paid to Oleg Burlakov, owner of the 106.7 metre super sailing yacht Black Pearl, who has died at the age of 72. The superyacht owner passed away on June 21 following a “brief battle” with COVID-19, according to the Black Pearl’s official social media channels. The best photos of the Oceanco sailing yacht Black Pearl.
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21-12-2022. Tenerife. Canarian Weekly. One of the most spectacular yachts in the world worth over 200 million euros has docked in Santa Cruz today, called the Black Pearl which is owned by the family of Russian billionaire, Oleg Burlakov, who died on 21st June 2021. The luxury vessel, named in honour of the Pirates of the Caribbean, has been at ...