“The mansion in the Rocky Mountains in Snowmass on the outskirts of Aspen that is owned by Russian oligarch Roman Abramovich is likely one of the first assets frozen by the US government,” reports CNBC.com.

The site mentions a Russian oligarch with many yachts, a Chelsea football team and homes in London, France and St. Bart’s, the property was built in 2008 for $36.5 million, but is now valued at more than $50 million. and “if sold it would be the most expensive home ever in the Aspen area.”

CNBC adds that Abramovich also owns a second home in Snowmass Village, which he bought in 2008 for $11.8 million.

The portal states that unlike most oligarchic real estate in the United States, real estate in Snowmass was purchased personally by Abramovich. “The government can confiscate assets officially owned by sanctioned people easier and faster, since they do not have to go through legal procedures to prove ownership,” CNBC notes.

Another oligarch, Oleg Deripaska, transferred his American properties, including two homes in Manhattan and one in Washington, to his relatives. In 2018, Abramovich handed over the rights to three Manhattan condominiums to his ex-wife, Dasa Chocoa.