How a Trump-Friendly Dubai Billionaire’s Company Acquired a Superyacht While Taxpayers Footed the Bill

Have you heard the latest about the superyacht Amadea? It's quite a tale involving a company tied to the billionaire Hussain Sajwani and his family, who are no strangers to President Donald Trump. Let's dive into this fascinating story that sheds light on intriguing connections and big investments.

The Purchase of the Amadea

Unveiling the New Owner

Picture this: a luxurious 106-meter yacht, the Amadea, once owned by a Russian oligarch, seized by the US government, and subsequently acquired by an entity linked to Hussain Sajwani. The plot thickens as we uncover the details behind this high-profile purchase.

The Entity Behind the Deal

A Closer Look at Beyond Holdings Group Limited

Let's journey to the British Virgin Islands, where Beyond Holdings Group Limited, the new owner of the Amadea, is based. This strategic location offers tax advantages and strict confidentiality, making it an ideal choice for such acquisitions. Dive into the inner workings of this intriguing entity and its ties to Sajwani's Damac Group.

The Valuation and Impact

The Cost to Taxpayers

Imagine the financial burden of maintaining a lavish vessel like the Amadea, with monthly expenses soaring close to $1 million. Delve into the complexities of managing seized assets and the implications for taxpayers. Learn how the government navigated through these challenges.

The Sajwani-Trump Connection

A Decade-Long Partnership

Explore the enduring relationship between Hussain Sajwani and Donald Trump, spanning over a decade of collaborations and shared ventures. From golf courses to real estate deals, discover the intertwining paths of these influential figures and their business dealings.

As you unravel the layers of this captivating narrative, consider the intricate web of connections that shape the business landscape. The Amadea saga serves as a window into a world where power, wealth, and influence converge.

Now, armed with insights into this intriguing saga, what are your thoughts on the intersection of politics, business, and luxury living? Feel free to share your perspective and engage in the conversation surrounding this headline-making story.

—————————————————————————————————————————————
By: mberg@businessinsider.com (Madeline Berg)
Title: How a Trump-Friendly Dubai Billionaire’s Company Acquired a Superyacht While Taxpayers Footed the Bill
Sourced From: www.businessinsider.com/trump-friendly-dubai-billionaire-hussain-sajwani-bought-seized-superyacht-amadea-2025-11
Published Date: Thu, 06 Nov 2025 16:48:51 +0000