Billionaire Alisher Usmanov, Russia’s richest man and an investor in Facebook Inc. (FB), bought a new $100 million yacht, Izvestia reported today, without saying where it obtained the information.

Usmanov sold his previous 66 meter-long yacht and gave the new one the same name - Dilbar, the name of his mother, the newspaper said.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net