Revolut CEO Nik Storonsky sued in London over alleged €17.5 million yacht commission

Cecil Wright alleges it introduced Storonsky to the €350 million superyacht Nixie and was cut out of the deal, while his family office denies the claim and says it will fight the case.

Summary

Nik Storonsky, the CEO and co-founder of Revolut, is facing a lawsuit in London from luxury yacht brokerage Cecil Wright over the purchase of the €350 million superyacht Nixie. Cecil Wright alleges it introduced Storonsky to the vessel and was then bypassed so that roughly €17.5 million in commission would not be paid. Storonsky's family office has denied the allegations and says it plans to fight the case in court. The suit was filed on August 4, 2026. The dispute does not involve digital assets, blockchain technology or Revolut's cryptocurrency services, though it comes as Revolut remains in focus after reporting $2.3 billion in profit on $6 billion in revenue during 2025 and amid expectations of a dual listing.

Terms & Concepts
  • commission: A fee paid to an intermediary, such as a broker, for arranging or facilitating a transaction.
  • digital assets: Digitally represented assets, a term often used in finance to refer to crypto-related holdings and tokens.
  • dual listing: A company's plan to list its shares on two stock exchanges or in two markets.