Lifestyle
Exclusive: France Freezes Ownership Of Two Helicopters Linked To Sanctioned Russian Billionaire Alisher Usmanov – Forbes
The M-DLBR helicopter on Alisher Usmanov’s Dilbar yacht in Mugla, Turkey.
French authorities froze two helicopters owned by sanctioned Russian billionaire Alisher Usmanov on the French Riviera last week. A spokesperson for the French Ministry of Economy and Finance confirmed to Forbes One that the two helicopters—an Airbus EC-175 with the tail number M-DLBR and a Eurocopter EC-155 with the tail number M-DLBA—were frozen in Le Castellet on March 22 and in Monte Carlo, Monaco, on March 25, respectively. France sanctioned Usmanov on February 28 as part of wider European Union sanctions, which Monaco adopted the same day.
Usmanov, 68, is one of Russia’s richest people. He was an early investor in Facebook. His largest holding is a stake in iron ore and steel giant Metalloinvest and he also owns shares in Chinese consumer electronics firm Xiaomi as well as smaller holdings in telecom, mining and media.
The helicopter marked M-DLBR was last recorded in Le Castellet on November 13, 2021, while M-DLBA was last seen in Monte Carlo on March 1, according to public data. Both helicopters were registered in the British crown dependency of the Isle of Man until they were deregistered on March 3. In practice, deregistration makes an aircraft “stateless” and deprives it of a valid certificate of airworthiness, meaning it’s no longer insurable and can’t fly until it’s registered in a new country. M-DLBR is owned by Cayman Islands-based Crystal Sky Limited and M-DLBA is owned by Caymans-based Margaux Aviation Limited, according to the Isle of Man Aircraft Registry. Forbes estimates the two helicopters are worth a combined $26 million, based on prices for new and used models.
A spokesperson for Usmanov told Forbes that Usmanov does not own the helicopters. “Most of the property [mentioned by Forbes], including the two helicopters, have been transferred into irrevocable trusts. Mr. Usmanov does not own them,” he said. “The process of moving property into family trusts started many years ago and had nothing to do either with evading sanctions or with hiding wealth.”
Margaux Aviation Limited is linked to Usmanov via its prior ownership of an Airbus A340 jet owned by Usmanov, while M-DLBR has been photographed on Usmanov’s 512-foot superyacht Dilbar. Both helicopters are associated with Dilbar, which has two helipads and is valued at $588 million by yacht valuation experts VesselsValue. Both Dilbar and the Airbus jet were blocked by the U.S. Treasury Department on March 3, the same day Usmanov was sanctioned by the U.S. The Airbus—worth at least $350 million, according to the U.S. Treasury—was last seen in Tashkent, Uzbekistan, on February 28. Usmanov was born in the former Soviet republic and holds dual Russian and Uzbek citizenship.
Dilbar is currently stuck in the German port city of Hamburg, where it has been stationed for refitting work since October. Forbes One reported on March 3 that work on the ship had been halted and the Ministry for Economy and Innovation in the German state of Hamburg said that the yacht could not leave port.
Forbes One reported on March 8 that the 96-person crew on the yacht had been fired because Sarnia Yachts, the firm that employed the crew, was no longer able to pay salaries due to EU and U.S. sanctions.
Follow Forbes’ reporting on all the jets and helicopters owned by sanctioned Russian billionaires here:
Lifestyle
Towering Louise Bourgeois ‘Spider’ sculpture could fetch $40M at auction
deep-pocketed collector with room to spare could snare one of the most famous contemporary sculptures in her or his web next month, when Louise Bourgeois’ famed “Spider” hits the auction block at Sotheby’s in New York.
The work, over 10 feet tall and more than 18 feet across, is expected to bring in between $30 million and $40 million — meaning it is very likely to break at least one auction record, if not several.
If the work achieves at its low estimate, once Sotheby’s fees are accounted for, it would likely become the artist’s most expensive work at auction and the most expensive sculpture by a female artist ever sold at auction, surpassing another Bourgeois “Spider” that sold for $28 million ($32.1 million with fees) at Christie’s in May 2019. If it sells at or above its high estimate, the present “Spider” could come within web-slinging distance of the record for any work by a female artist at auction, currently the $44.4 million (with fees) that Walmart heiress Alice Walton’s Crystal Bridges Museum in Bentonville, Arkansas paid for Georgia O’Keeffe’s painting “Jimson Weed” in 2014.
“Spider” is being offered by Fundação Itaú, the nonprofit arm of Brazilian bank Itaú Unibanco. The sculpture was acquired by Olavo Setubal, an art collector and co-founder of the bank, after it was featured as the centerpiece of a special presentation of works by Bourgeois at the 1996 São Paulo Biennial, for which the French-American artist also designed a distinctive, spiraling logo. The sculpture was on loan to the São Paulo Museum of Modern Art from 1997 to 2017, and was subsequently displayed at various Brazilian institutions.
In the years since “Spider’s” acquisition, Fundação Itaú has shifted its collecting priorities to focus on works by artists based in Brazil. Proceeds from the sculpture’s sale will support those efforts.
Works from Bourgeois’ “Spiders” series are on prominent display at many of the world’s leading museums, including the Guggenheim Museum in Bilbao, the National Gallery of Canada in Ottawa, Dia Beacon in New York and Tate Modern in London.
Lifestyle
Celebrity hairstylist Kieron Justin takes the fashion and beauty world by storm
From London to Los Angeles, via New York, Milan and Paris, Kieron is not only a globetrotter, but is also known for his exceptional talent and his work as a world-renowned concept shoot stylist. It is highly sought after by some of the biggest names. in entertainment, fashion, music and advertising for his outstanding experience.
Kieron is among the most exciting talents in fashion, entertainment and music and is already being recognized as a highly respected young star, taking the industry by storm as one of the top hair artists to watch as he makes his mark on the industry. Kieron’s creative eye takes traditional shapes and styles and gives them a modern twist, challenging the perception of beauty and creating innovative looks and finishes that are unique and create character and nuance the way hair is worn. Kieron draws inspiration from fashion, travel, life, nature, religion, youth/subcultures, culture, textures, times, and history.
He regularly collaborates with some of the most established and globally respected photographers in the industry. His work has been featured in publications such as Vogue, Arena Homme +, lampoon, GRAZIA carnelle rooms, Elle, Harper Bazaar, Hunger, Schon! , Pusspuss, L’Officiel, Gaytimes, Iconic Artists, Wonderland and Rollercoaster to name a few
Kieron’s work has also extended to runway shows and haute couture sessions with brands such as Louis Vuitton, Gucci, Miu Miu, Loewe, Valentino, Versace, Missoni, Givenchy.
Prada, Dior, Burberry, Chanel, Saint Laurent, Balenciaga, Fendi, Fendace, Dolce & Gabbana, Bottega Veneta, Alexander McQueen, Moschino, Salvatore Ferragamo, Stella McCartney, Victoria Beckham, Coach, Schiaparelli, Raf Simons, Proenza Schouler, Sacai, Chloe, Ports, R13, Marc Jacobs, Christopher Kane, LDSS,
Kieron is currently heading up the creative direction for one of the largest operators of hair and beauty salons as the Creative Director for hair & beauty brand UK hairdressers and is also Brand Ambassador and a key creative artist, working with brands such as Color wow , Wella professionals, L’Oréal, Dyson, Oribe, Babyliss, ghd, living proof and many more top professional hair care & Beauty brands
Kieron has Impeccable attention to detail, Is Passionate and talented paired with an enviable creative vision and a wealth of experience and Strong expertise. Also known for not only doing hair but his contributing to the creative process and producing/heading up the art direction by Conceptualising ideas for brands to create luxury content, deliverables and images, drive brand strategy and initiatives whilst being highly client-focused, offering clients a beginning-to-end service from project inception to full-scale execution and delivery. This
has made Kieron one of the most in-demand session and Hair artists of today. Kieron’s goal is to continue growing in his industry to stand out from everyone and become a much better professional than he is today, in addition to continuing to grow in the sense of collaborating with many more brands than he has collaborated to date. which are first level brands.He feels very proud when looking back on the process he went through to get to where he is today and he knows that this is thanks to all the effort he put in to grow and be what he is today.
Lifestyle
Ontario Health Coalition Province-Wide Community Referendum to Stop Ford Government’s Privatization of Our Public Hospitals
The Health Coalitions across Ontario launched a major fightback to stop the privatization of our public hospitals today. The Coalition is mounting a community-run referendum. Health Coalitions are organizing voting stations outside grocery stores, local corner stores, coffee shops, at legions and community centres and in every busy part of our communities possible.
Ontario residents who are 16 years or older will be able to cast a ballot on the question:
“Do you want our public hospital services to be privatized to for-profit hospitals and clinics?” Yes or No.
The referendum voting days will be taking place on Friday May 26th and Saturday May 27th. More than a thousand voting stations will be open across Ontario. During the month of May, online voting will be available on the main website PublicHospitalVote.ca and workplace votes will take place.
The Ford government has now announced it is moving forward with plans to “significantly” [their words] expand privatization of surgeries and diagnostics and private hospitals and clinics to for-profit clinics and hospitals. They have brought in new legislation to facilitate this plan. They have used their majority to vote down all recommended amendments to the legislation, and Bill 60, which is in Third Reading debate in the Legislature, is expected to pass this week. They will use their majority to pass the bill, even though Ontarians have never had any say over this plan to privatize our hospitals.
In fact, the Ford government said that they would NOT do this in the lead in to the election, then two months after the election, they announced they were moving forward with the privatization of our core public hospitals’ services.
The government has already called for bids for three new private day hospitals to do 14,000 cataract surgeries initially as well as diagnostics.
They have given repeated boosts of tens of millions in new funding to expand existing private clinics to cover care for “thousands of patients”.
They are expanding the number of private clinics and intend to further expand the volumes as well as to expand the types of surgeries they privatize. They plan to have private hip and knee surgeries up and running by 2024.
At the same time the government has underspent the health care budget and the COVID budget every year by billions of dollars. The most recent figures show that while we are underspending on health care by $1.25 billion, the Ontario government has increased funding massively for the private for-profit clinics and hospitals. It is a big transfer of money from our public health care services to for-profits.
Practically every public hospital in Ontario has operating rooms that shut down at 4 p.m. and on weekends, or are closed for weeks or even permanently, due to lack of funding and staffing. We do not need new operating rooms — only now they would be owned by for-profit companies. We need our government to support our local public hospitals which have the lowest funding in Canada.
Our assessment is that this is very serious and extremely urgent. The premier told media that 50% of the surgeries currently done in hospitals are “easy” [and thus could be transferred out of public hospitals]. Surgeries, MRIs and CTs are core public hospital services.
This is not an add on, it is the privatization of our core public hospital services. The loss of these surgeries – and the staff and funding that go with them — would be devastating to all local public hospitals and would gut the services that remain in many of the medium and small hospitals.
While paying lip service to the idea that Ontarians will “pay with their OHIP card not their credit card”, in Bill 60, the Ford government expressly allows the for-profit clinics to sell an increasing array of medically unnecessary add-ons to needed surgeries and diagnostics. The Canada Health Act, which bans user fees and extra charges for patients for access to physicians, surgeries and diagnostic tests, is being ignored by the government. Patients are increasingly reporting exorbitant charges for their needed health care including access to doctors, tests and surgeries — things for which no patient in Canada should ever be charged. There is little question that the Premier is playing both sides, claiming you will always “pay with your OHIP card” and expanding two-tier charges for patients as it privatizes a whole array of services.
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