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Civil protection officials said they believed the ship was struck by a tornado over the water, known as a waterspout, and sank quickly.
The yacht Amadea worth $325 million had been stopped from leaving the South Pacific nation because of its links to Russia.
The 255-foot yacht was seized at the port of Palma de Mallorca in Spain at the request of U.S. authorities.
Dont you just hate it when your superyacht wont fit under a bridge? Thats the totally relatable problem facing billionaire Amazon founder Jeff Bezos. Fortunately, he has a solution
WHAT'S HAPPENING
President Joe Biden has warned Kremlin-aligned oligarchs that the U.S. and its European allies are coming for their superyachts.
The 10 richest people in the world have more than doubled their wealth since the pandemic began in 2020.
The Tampa Bay Buccaneers quarterback is upgrading from the $2 million boat he partied on in the Super Bowl victory parade.
Scientists speculated the killer whales are "playing" off the Iberian coast, but the games are getting increasingly dangerous.
All men must die hard, according to this report.
Don't worry, you can still write off your private plane and pool.
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