Legend has it that Putin's giant yacht Elegance - $100 million Vladimir Putin has evacuated German waters this month to escape tensions

The Internet rumors that Putin the Great mega yacht "Elegance" - worth $100 million

Vladimir Putin evacuated German waters this month with his yacht Elegance to escape tensions. The yacht is priced at nearly $100 million. It was built in 2014. The ship spans 82 metres (269 feet) – can accommodate 14 visitors and spans 6 cabins; has a crew of 24.

The yacht was built by the H2AGAT Design Bureau. Construction began at the Russian shipyard Sevmash and was completed by Blohm + Voss in Germany. The hull of this yacht is made of steel and the superstructure is made of aluminum. The maximum speed is 17.6 knots, the cruising speed is 14 knots, and the range is 5500 nautical miles.

Powered by MTU 16V 4000 M70 engines, each producing 3,100 hp. The "elegant" interior is an elegant modern view. Smooth inlaid stone and hardwood floors, wood and marble trims and panels, led backlighting, embossed leather and teak accents create a luxurious feel. The living area includes a large salon and a stately looking office. Amenities on the yacht include a pool and helipad.

In 2017, financier Bill Browder, CEO of Hermitage Capital Management, once Russia's largest foreign securities investor, had pointed out that the Russian president's net worth was about $200 billion.