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Revolut chief Nik Storonsky sued by broker over €350m superyacht

Revolut chief Nik Storonsky sued by broker over €350m superyacht

From Irish Times · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources In the courts
  • Revolut founder Nik Storonsky is being sued for €17.5 million by luxury yacht broker Cecil Wright & Partners.
  • The broker claims Storonsky's family office avoided paying commission on a €350 million superyacht purchased in January 2026.
  • Storonsky's family office stated the claim is "without merit and will be defended."

Revolut founder Nik Storonsky faces a €17.5 million lawsuit from luxury yacht broker Cecil Wright & Partners. The broker alleges Storonsky's family office deliberately circumvented paying commission on a €350 million superyacht purchased in January 2026. Cecil Wright & Partners claims it is entitled to a 5% commission as the "effective cause" of the sale, despite being excluded from the final deal.

Court documents filed in London's High Court reveal that an adviser to Storonsky's family office initially contacted the broker in October 2024 to assist in building a yacht. In 2025, the adviser inquired about purchasing an existing vessel, leading Cecil Wright to suggest the 102-meter yacht being built by Lürssen. The vessel features a 25-foot glass-bottomed infinity pool, a beach club, and a cryotherapy chamber gym, according to Robb Report.

It’s very rare for brokers to find themselves in this situation and it’s the first time I have done so, but I feel strongly about it, hence am taking action.

— Chris Cecil-WrightThe founder of Cecil Wright & Partners expressed his strong feelings about the situation, which led him to take legal action.

However, in January 2026, Storonsky's adviser informed Cecil Wright's founder, Chris Cecil-Wright, that Storonsky had acquired the yacht directly from its seller, Canadian businessman Patrick Dovigi. A spokesperson for Storonsky's family office has dismissed the claim, stating it is "without merit and will be defended."

The yacht's ownership history is complex. It was initially commissioned by Dovigi, then sold to a "Brazilian owner" who was arrested in November 2025 in connection with alleged fraud. Following this arrest, Dovigi repurchased the boat before selling it to Storonsky. Cecil Wright has previously been involved with other high-value yachts, including those belonging to sanctioned individuals.

without merit and will be defended.

— Spokesperson for Storonsky's family officeThe spokesperson's statement regarding the lawsuit filed by Cecil Wright & Partners.
DistantNews Editorial

Originally published by Irish Times. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.