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Who Owns Which Superyacht? (A Complete Guide)

Have you ever wondered who owns the most luxurious, extravagant, and expensive superyachts? Or how much these lavish vessels are worth? In this complete guide, we’ll explore who owns these magnificent vessels, what amenities they hold, and the cost of these incredible yachts.

Get ready to explore the world of superyachts and the people who own them!

Short Answer

For example, Larry Ellison, the co-founder of Oracle, owns the Rising Sun, which is the 11th largest superyacht in the world.

Overview of Superyachts

The term superyacht refers to a large, expensive recreational boat that is typically owned by the worlds wealthy elite.

Superyachts can range in price from $30 million to an astonishingly high $400 million.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

In conclusion, owning a superyacht is an exclusive status symbol for the world’s wealthy elite.

Who are the Owners of Superyachts?

From Hollywood celebrities to tech billionaires, superyacht owners come from all walks of life.

Many are everyday people who have worked hard and saved up to purchase their dream vessel.

These luxurious vessels come with hefty price tags that can range from $30 million to over $400 million.

Many of these yachts are designed to the owner’s exact specifications, ensuring that each one is totally unique and reflects the owner’s individual tastes and personality.

The Most Expensive Superyacht in the World

When it comes to superyachts, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, certainly knows how to make a statement.

In addition, the Al Mirqab features a helipad, swimming pool, and even an outdoor Jacuzzi.

Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos all own luxurious vessels.

Other notable owners of superyachts include Saudi Prince Alwaleed bin Talal, who owns the $200 million Kingdom 5KR, and Oracle founder Larry Ellison, who owns the $200 million Rising Sun.

With their impressive size, luxurious amenities, and hefty price tags, these vessels have become a symbol of wealth and prestige.

Notable Superyacht Owners

At the top of the list is the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who holds the distinction of owning the most expensive superyacht in the world.

The amenities that come with these vessels vary greatly from owner to owner, but they almost always include luxurious swimming pools, helicopter pads, on-board cinemas, and spas.

Whether you’re trying to impress your peers or just looking to enjoy a luxurious outing, owning a superyacht is the ultimate way to show off your wealth.

What Amenities are Included on Superyachts?

The cost of a superyacht can range from $30 million to over $400 million, but the price tag doesnt quite capture the sheer extravagance and amenities of these vessels.

The interior of a superyacht can be custom-designed to the owners specifications.

Some vessels even come with a full-service gym, complete with exercise equipment and trained professionals.

Many yachts come with outdoor entertainment areas, complete with full kitchens, dining rooms, and lounge areas.

No matter what amenities a superyacht has, it is sure to be an experience like no other.

How Much Do Superyachts Cost?

When it comes to superyachts, the sky is the limit when it comes to cost.

The cost of a superyacht is driven by a variety of factors, including size, amenities, and customization.

The bigger the yacht, the more luxurious features and amenities it will have.

From swimming pools and helicopter pads to on-board cinemas and spas, the sky is the limit when it comes to customizing a superyacht.

Many luxury vessels have custom-designed interiors that are tailored to the owners tastes.

While some may be able to get away with spending a few million dollars, others may end up spending hundreds of millions of dollars on their dream yacht.

Keeping Superyachts Out of the Public Eye

Understandably, these individuals are concerned with privacy and discretion, and therefore tend to take measures to ensure their yachts are not visible to outsiders.

In addition to physical security, some superyacht owners also use technology to keep their vessels out of the public eye.

Finally, some superyacht owners also choose to limit the number of people who have access to their vessels.

These individuals may be required to sign non-disclosure agreements to ensure they do not disclose any information about the yacht or its owner.

Final Thoughts

Superyachts are a symbol of luxury and status, and the list of yacht owners reads like a who’s who of billionaires.

Whether you’re looking to purchase one or just curious to learn more about the owners and their amenities, this guide will provide you with all the information you need to stay up to date with the superyacht scene.

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What caused the fatal sinking of the superyacht Bayesian?

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

One of the world’s largest sailing superyachts sank in high winds off Sicily on Monday, causing the death of UK tech entrepreneur Mike Lynch and six other passengers and crew whose bodies were recovered from the wreck or from the sea.

The trip on the Lynch family’s yacht had been intended to celebrate his recent acquittal by a US jury, with 12 passengers on board, including his wife and 18-year-old daughter, and 10 crew members.

The Italian coastguard said the 56-metre, 540-tonne, British-flagged yacht Bayesian sank within minutes after it was hit by ferocious winds of 60 knots (over 110km/h) near Palermo.

The rapid sinking of such a large, modern and well-equipped yacht due to bad weather, rather than as a result of a collision, has raised concerns over marine safety as extreme weather events occur with more frequency and intensity.

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Why did the superyacht sink?

The yacht may well have been caught in a waterspout — a form of tornado — because the extreme wind speeds were recorded only in a localised area around the harbour of Porticello, where the boat was anchored about 300 metres offshore when it was struck.

Karsten Börner, the skipper of a nearby boat, told the FT that Bayesian appeared to capsize. He said he regarded the boat as unstable and his comments suggest that it could have been the combination of high winds and Bayesian’s 72-metre mast — the world’s tallest aluminium mast, according to manufacturers Perini Navi — that triggered the disaster.

Even with no sails up, a boat with a tall mast has a lot of “windage”, or surface area exposed to the wind, which can tip the vessel over in a storm. The boat may have heeled over so far that it took on water through open windows, hatches or companionways.

According to Perini Navi, Bayesian had a keel that can be lifted to reduce the draught of the boat — otherwise nearly 10 metres — for easier entrance to shallow harbours. If the keel were for some reason in the raised position rather than fully extended, that could compromise the boat’s stability in a strong wind.

Skippers of sailing yachts with exceptionally high masts typically aim to move out of harm’s way if strong winds are forecast.

Yacht designers and sailors are nevertheless puzzled by the sinking of the boat. AIS (Automatic Identification System) tracking data shows it took 16 minutes from the time Bayesian appeared to started dragging its anchor until it sank. But it is not yet known whether vulnerable hatches were open or when water started entering the boat. Italian prosecutors are investigating possible charges of manslaughter and “negligent shipwreck”.

Giovanni Costantino, chief executive of Italian Sea Group, which owns Perini Navi, told the Financial Times that Bayesian was “absolutely safe” and said the crew should have had time to secure the boat and evacuate passengers from their cabins.

Should we blame climate change?

Climate change is likely to have been at least a contributing factor in the Mediterranean’s unsettled and sometimes violent weather this summer. The Mediterranean is a favoured cruising ground for superyachts during the northern hemisphere summer — in winter, the wealthy prefer the Caribbean or the Indian Ocean — because the weather is typically warm and sunny, and storms are rare. 

Meteorological experts have long predicted that climate change and the heating-up of oceans will help trigger more extreme weather events, including floods, droughts and more severe hurricanes.

Last week, the Mediterranean reached a median temperature of 28.9C — its highest surface temperature on record — and similar records are being broken in other seas. June was the 15th consecutive month that global sea temperatures hit a record high and forecasters predict the warmer waters may fuel an intense Atlantic hurricane season.

Will disasters at sea occur more often?

While design improvements and safety regulations have made even the smallest boats safer, the potential dangers posed by bad weather are increasing in line with the rising number of pleasure vessels at sea.

Last week, a sudden and exceptionally strong thunderstorm with wind squalls blowing at up to 53 knots (about 100km/h) swept over the Balearic Islands of Ibiza and Formentera, driving several sailing and motor yachts to crash on to the shore. Among those damaged and grounded but later recovered was a luxury, 30-metre vessel made by the Monaco-based Wally Yachts .

The cause was a thunderstorm known as a “Dana”, a Spanish acronym for depresión aislada en niveles altos or isolated high-altitude depression. The bad weather also caused serious flooding in Mallorca and Menorca to the north.

How can boat makers and skippers help avoid more deaths?

The weather in the Mediterranean is often notoriously unpredictable and prone to sudden, unforecast gales — unlike the north Atlantic, where weather shifts are usually signalled days in advance by changing air pressure and cloud formations visible to the naked eye.

Safety at sea depends largely on two factors: the seaworthiness of the boat and the skill and experience of the captain and crew.

Modern boats — Bayesian was built in 2008 and refurbished four years ago — are normally built to high safety standards and equipped with electronic navigation and communications systems, as well as standard emergency gear such as life vests.

Common accidents include people falling overboard, fires on board and accidental groundings or collisions — not sinking in bad weather.

Visual and data team: Alan Smith, Aditi Bhandhari, Ian Bott and Jana Tauschinski

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Sinking of a superyacht adds to questions billionaire Mike Lynch wanted to put behind him

It was a sunny August morning when software entrepreneur Mike Lynch, 59, gathered 10 of his closest friends along with his wife and daughter on the dock of Porto di Milazzo, on the northern coast of Sicily. They had come to celebrate his freedom. Only months before, several of the guests played crucial roles in persuading a San Francisco jury to acquit Lynch of federal charges related to the sale of his software firm Autonomy to HP for $11 billion. 

Five days after the yacht left port, Lynch, his daughter, four guests, and a hired chef were dead in the Mediterranean Sea after a storm flooded the ship. The drowned included the chairman of Morgan Stanley International, a star witness at Lynch’s trial, as well as one of Lynch’s lead defense attorneys. Among the survivors were a former Autonomy exec who went on to become a partner at Lynch’s venture capital firm, a second member of his defense team, and Lynch’s wife, who reportedly owns nearly all his fortune. The same day of the drowning, U.K. news outlets reported that Lynch’s codefendant in the fraud trial, Stephen Chamberlain, who had also been acquitted, had been fatally run over by a car as he was out jogging—a shocking coincidence.

Less than a week after the tragedy, there are far more questions than answers. Did the yacht named Bayesian —an homage to a statistical theorem for predicting future outcomes—simply fall victim to a terrible storm? How did most of the crew and a few passengers escape, and why couldn’t they reach Lynch and the six others who did not make it out? Italian officials are looking into manslaughter charges, but it’s not yet clear who they may have in their crosshairs. Giovanni Costantino, who runs the Italian Sea Group that owns Perini Navi, the Italian maker of the yacht, had harsh words for the crew, whom he blames. “This is the mistake that cries out for vengeance,” he told Reuters .

There are also huge questions swirling around the business ventures of the man dubbed the “British Bill Gates.” While the Bayesian excursion was to serve as a celebration of Lynch’s acquittal on all charges in the U.S.—where he had spent months under house arrest—the reality is that his legal troubles were far from over. In a January 2022 civil trial, the U.K.’s High Court found that the company, which by then had changed its name to Hewlett Packard Enterprise (HPE), had “substantially succeeded” in proving that Autonomy leaders had fraudulently made it look like the company was earning more revenue than it was. In 2019 Autonomy’s CFO was convicted of 16 counts and sentenced to five years in prison. At this time, the U.K. case is in a holding pattern as the judge determines what damages are owed to HPE. (The company’s spokesperson Adam Bauer says HPE is “saddened by this tragic event, and our thoughts are with the families and friends of all those who lost their lives.”)

But Lynch’s passing also looms over Invoke Capital, the venture firm he founded in 2011 and whose managing partner—Charlotte Golunski—survived the yacht disaster and saved her 1-year-old baby. One of Invoke’s most prominent bets was a 2013 seed-stage investment in Darktrace, a cybersecurity firm on whose board Lynch sat until 2018. Darktrace has developed a reputation as a sleek AI cybersecurity startup with ties to spy agencies like MI5 and the U.S. National Security Agency. It also became the target of short-sellers who in 2023 expressed doubt over Darktrace’s financial filings—the same sort of allegations that plagued Lynch’s Autonomy. 

Darktrace insists that the short-sellers’ allegations were baseless, and they say an EY audit it commissioned showed this to be the case. In April Darktrace received a $5.3 billion acquisition offer from the giant private equity firm Thoma Bravo. The deal, which Fortune reported will likely go forward despite Lynch’s death, stood to help rehabilitate Lynch’s business reputation. As of Aug. 14, he and his wife collectively owned 3.21% of the company, which would be worth some $170 million upon the deal’s completion. Invoke Capital has not responded to multiple requests for comment, and Darktrace declined to comment.

Following his U.S. acquittal, Lynch was pleased enough with the state of things that he had begun celebrating weeks before the yacht party. In the days following the not-guilty verdict, Lynch and his wife; Stephen Chamberlain and his wife; the attorney Chris Morvillo—who drowned on the Bayesian —and 20 other lawyers gathered at a restaurant at a hotel near the San Francisco courthouse.

Brian Heberlig, an attorney at Steptoe who gave the closing argument in Lynch’s trial, recalls that Morvillo gave a moving toast, telling those assembled that the trial was more than just a job, but one of their life’s works. “He really was a brilliant man,” Heberlig told Fortune , fighting back tears as he remembered Lynch. “And he ran his legal defense the same way I imagine he ran Autonomy. He let the experts do their jobs, while still having a strong grasp on the material. As he used to say, ‘Let the brain surgeons do the surgery.’”

That night was the last time Heberlig ever saw Lynch or Morvillo.

A ‘virtually unsinkable’ boat

The sailing party departed Aug. 14—five days before the storm—and comprised 12 guests and 10 crew members. The Bayesian was one of the biggest yachts of its kind. Its first stop was a cluster of small islands off the coast of Sicily. Then it jetted across the sea to the Sicilian town of Cefalù, before putting down anchor for the final time on the coast of Palermo, a favorite getaway for the rich and famous, and a former haunt for the Mafia.

Lynch’s wife, Angela Bacares, who reportedly held the couple’s entire $1.1 billion fortune, was jolted awake on Aug. 18 as the boat began to tilt. Glass from a shattered window exploded across the deck, according to reports, cutting her feet as she ran to investigate.

Black and white security  footage  appears to show the outline of what is believed to be the 184-foot sailing yacht, which used call sign 2ICB8, slowly disappearing behind a thicker and thicker veil of rain. Nearby villagers and fishermen say they saw a sea tornado called a waterspout. Soon after, the yacht lay on the ocean floor.

Theories are swirling about why the yacht sank. One holds that a bay door was left open in the storm, causing the ship to flood and sink in minutes. Another holds that the Bayesian’ s 246-foot-tall aluminum mast—one of the tallest in the world— broke in the wind and took the boat down with it.

Most news reports say the yacht sank almost instantly, but the CEO of the company that bought the boat’s maker after it went bankrupt in 2021 disputes that. In a Financial Times report, he called the boat “virtually unsinkable,” and says that it dragged its anchor for 16 minutes before it sank. 

During those fateful moments, a far older nearby yacht, the Sir Robert Baden Powell, built in 1957, was drifting on a similar course as the Bayesian and not only survived, but also came to help. Some onboard saw a red flare shooting across the rainy sky—an emergency signal from those who had fled the doomed yacht, drawing the attention to a life raft filled with 15 of the 22 passengers.

Passenger Golunski, 35, who helped run Autonomy the first year it was at HP, described holding her 1-year old daughter Sophia as she screamed for help. One of Lynch’s most trusted employees, Golunski was a founding partner at Invoke Capital, the London-based firm that backed Darktrace. Lynch’s wife Bacares was also in the life raft along with Clifford Chance lawyer Ayla Ronald, 36, who reportedly texted to her father: “there are deaths.”

The lifeboat survivors were soon plucked from the sea while the Bayesian came to its current resting place 50 meters below the surface. Over the course of the next 72 hours, a team of scuba divers from the Guardia Costiera and specially trained cave divers from the Vigili del Fuoco, the local fire department, used boats and a helicopter to triangulate the yacht’s position. The divers, working in bursts of 8 to 12 minutes, searched the Bayesian’ s six guest suites, master suite, multiple living areas, and dining room.

The body of the yacht’s chef, Recaldo Thomas, was the first to be found, floating on the water’s surface. On Wednesday, two days after the wreck, four more bodies were discovered, and on Thursday a fifth. Among them were Lynch and Chris Morvillo of the prestigious law firm Clifford Chance, who had made the controversial decision to have Lynch testify, and questioned him on the stand right before he was acquitted. The others discovered were Morvillo’s wife, Neda, as well as the Morgan Stanley banker and key witness Jonathan Bloomer, who had been a former executive director at Autonomy, and his wife, Judy. The body of Lynch’s 18-year-old daughter, Hannah, was pulled from the sea on Friday.

The U.K. Maritime and Coastguard Agency tells Fortune it is in contact with the Italian authorities but would not provide further information. The U.K.’s Foreign Office told Fortune it is providing “consular support to a number of British nationals and their families…and are in contact with the local authorities.”

More questions than answers

Even as loved ones and the survivors begin to come to terms with the human toll of the tragedy, the business world has begun assessing Lynch’s complicated past and his many business dealings. 

Lynch was born of modest means to a nurse and firefighter in a suburb of London. From an early age he showed a proclivity toward technology and a fiery determination. He studied natural sciences at Cambridge, then returned for a PhD in artificial neural networks, the building blocks of artificial intelligence. When he was still studying for his PhD, he started his first venture, Cambridge Neurodynamics, monetizing computerized fingerprint recognition, eventually evolving into Autonomy. 

Founded in 1996 with David Tabizel and Richard Gaunt, Autonomy used an early version of artificial intelligence to quickly scan what’s known as “unstructured data,” especially including language. Autonomy quickly became a darling of the U.K.’s fledgling tech scene, and it was seen as a crowning achievement when, in 2011, the company struck an $11 billion deal to be purchased by HP, now HPE. The deal, however, was quickly engulfed in scandal when a year later the new owner alleged accounting fraud and wrote down its investment by $8.8 billion.

Despite the baggage around Autonomy, Lynch continued to ride high in the tech world through his venture firm, Invoke Capital, which he founded in 2012. One of its most profitable investments was Darktrace, which he backed in 2013 and joined as a board member. By 2016 he told TechCrunch that 60 employees from Autonomy were working at Invoke, that he’d raised a billion dollars to invest in startups, and that Darktrace was worth $500 million.

While fighting the legal battle over Autonomy and building Invoke, Lynch enjoyed the trappings of a mogul. The same year he announced his billion-dollar startup fund, he was sailing the Bayesian , worth an estimated $25 million. He reportedly also owned a $6 million, 69-acre Georgian manor.

By early 2020 Darktrace shared deep connections with Autonomy, including half of Darktrace’s board and six of its eight top executives. The following year Darktrace went public, soaring 40% above its pre-market value. But the victory lap was brief. In September 2022, an acquisition talk between private equity firm Thoma Bravo and Darktrace fell through , sending share prices tumbling. In early 2023, the short-selling firm Quintessential Capital Management published a 70-page report accusing Darktrace of similar misconduct that had sunk Autonomy.

“We are deeply skeptical about the validity of Darktrace’s financial statements,” the report read. Darktrace’s shares plunged as much as 17% after the report was published, though the company said at the time that the management team and board had “rigorous controls in place.” Darktrace hired EY to perform an audit, which stabilized its share price after the accounting firm found the company’s earlier financial results did not need to be restated. Darktrace never publicly released the report, however, with a spokesperson saying at the time that it contained “commercially sensitive information.”

More recently, Darktrace’s CEO Poppy Gustafsson wrote in the firm’s Q4 trading report of “shareholders voting overwhelmingly in favour” of the acquisition, and added the company is “awaiting the conclusion of the remaining regulatory processes.”

Until very recently, Darktrace had sought to distance itself from Lynch and his VC firm. In December, shareholders passed a resolution that rejected Invoke non-executive director Patrick Jacob’s reappointment to its board. This April, Invoke lost the right to that same board seat when it was discovered its shares had fallen below the required 10% threshold. Nonetheless, in a memorial to Lynch, Gustafsson wrote : “Without Mike, there would be no Darktrace. We owe him so much.”

While the Italian authorities continue to investigate the crash site, one thing is certain: The swirl of legal and business battles that surrounded Lynch during his lifetime are likely to continue after his death. A local Italian news site reports that the public prosecutor’s office in a nearby town, Termini Imerese, is looking into allegations of manslaughter surrounding the sunken boat. And two months before Lynch died, former U.K. Secretary of State David Davis reportedly said he was working with Lynch to scrap U.S./U.K extradition agreements that allowed Lynch’s trial to happen in the first place. 

On Wednesday, Aug. 21, Davis told GB News he would continue that fight in memory of Lynch. “We need to get a grip of this,” said Davis. “Mike, when he’d won his case, almost the first thing he did was ring me up and say, ‘We’re going to have to defeat this treaty, we’re going to have to overcome this treaty and get it changed for the better.’”

“I am looking forward to returning to the U.K. and getting back to what I love most: my family and innovating in my field,” Lynch said after the verdict.

Lynch’s desire to extend the legal fight even after his not-guilty verdict reflects the scrappiness he displayed throughout his life. This helped him ascend to the highest rungs of business and moguldom—but the success also came with a tenuous quality as questions about his business dealings dogged him for years. The not-guilty verdict and the pending Darktrace sale meant Lynch was in position to finally cast off that shadow. But now his ultimate legacy is poised to be tied forever to a mysterious and tragic hour on the Mediterranean Sea.

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Yacht Sank in Sicily Due to ‘Endless Chain of Errors,' Ship Maker's Owner Speculates: ‘Everything Was Predictable’

"A series of activities should have been done to avoid finding oneself in that situation," argues Giovanni Costantino, who owns the firm that built the vessel in 2008

• Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — blames an "endless chain of errors" for the luxury yacht’s sinking on Monday, Aug. 19
• "Everything was predictable. I have the weather charts in front of me here," Constantino told Italian newspaper  Corriere della Sera  of the storm the boat was caught in
• "An unsinkable ship but from the crew an endless chain of errors," the CEO claimed to the outlet

The sinking of the luxury Bayesian  yacht off the coast of Sicily this week  resulted from an "endless chain of errors" by the crew, the ship maker's CEO is speculating.

"This episode sounds like an unbelievable story, both technically and as a fact," Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — said,  according to CNN .

While speaking to  Italian newspaper  Corriere della Sera , Costantino said he believes those on board should not have been in their cabins, as he claims they were, when the Bayesian sank in the early hours of Monday, Aug. 19. 

Many details of why the yacht went into the water so quickly remain unclear and it's not yet known what the passengers and crew were doing before tragedy struck.

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock

The 183-foot British vessel sank around 5 a.m. local time on Monday after a "violent storm" while near Porticello, the Italian coast guard said in a statement that was previously obtained by PEOPLE.

"Everything that has been done reveals a very long sum of errors. The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?" Costantino said in his interview, translated from Italian.

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly. It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly ... Ask yourself, why was no fisherman from Porticello out that night? A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts. One could not not know," he argued.

"An unsinkable ship but from the crew an endless chain of errors," the CEO asserted.

The coast guard has said 22 people were aboard the  Bayesian  when it sank — 12 passengers and 10 crew — and that 15 of those were subsequently rescued.

The body of the yacht's chef, Recaldo Thomas, was recovered nearby. 

ALBERTO PIZZOLI/AFP via Getty

Costantino's comments came as it was reported that five bodies had been found in the search for the missing six people as of Wednesday, Aug. 21, a source close to the rescue operations confirmed to PEOPLE. Authorities have said that their work is ongoing. 

An Italian government official, Massimo Mariani, reportedly named one of the dead as British tech tycoon Mike Lynch . The other bodies have not yet been publicly identified by authorities. 

Lynch was celebrating with family and friends on the yacht following his acquittal in a fraud trial in June, PEOPLE previously reported.

Costantino offered his view of how the tragedy could have been avoided: "To begin with, in a weather alert situation it was inappropriate to have, as I read, a party. Not that evening. The hull and deck needed to be secured by closing all doors and hatches, after putting the guests at the ship's meeting point as per emergency procedure. Then start the engines and pull up the anchor or release it automatically, put the bow to the wind and lower the keel.

"The next morning they would have departed with zero damage." 

Jonathan Brady/PA Images via Getty

When discussing whether the crew were at fault, Costantino reiterated to the Italian outlet that he believes "errors were made."

"A series of activities should have been done to avoid finding oneself in that situation," he said. "I as the ship's captain would have moved, but even if for some reason I had to stay there, I would have managed those weather conditions which then, let's face it, weren't so crazy."

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Costantino contended that there would have been "a zero risk if the correct maneuvers had been made and if situations that compromised the ship's stability had not occurred," adding to the newspaper that reports that the boat went down in seconds is "nonsense." He believes the yacht would have "went down" after water "started to enter" within "six minutes."

The remaining missing  Bayesian  passengers are Lynch's daughter Hannah as well as Chairman of Morgan Stanley International  Jonathan Bloomer, his wife, Judy , and New York City-based lawyer  Christopher Morvillo and his wife, Neda , sources have said.

Lynch's wife, Angela Bacares, was among those rescued, PEOPLE previously reported.

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The human side of yacht ownership

How would you characterise the typical yacht owner? Whatever you may have been led to believe, the truth is simple: for most, it’s about using their yachts for precious family time, and for many it’s also about using their yachts for good.

There’s a theme that is repeated on countless yachts large and small the world over – superyachting, for most, is not about being seen but rather the opposite. It’s about yacht families and their friends enjoying precious, private moments away from the pressures of demanding business lives and the long hours running those businesses can entail.

“I have an extended family, and when our schedules allow we all like to gather on the yacht and spend some quality time as a family,” Douglas Barrowman , owner of the yacht Turquoise , told Superyacht Life back in 2017. “There is no place like a yacht for family togetherness.”

Douglas Barrowman with family

A love of the sea, adventure and technology

Superyachts and yacht ownership are also a way to explore the world around us, and to interact with and grow to understand extraordinarily diverse communities from remote Pacific islands to the Scandinavian Arctic. It’s something that inspired tech entrepreneur Jasper Smith to combine his love of adventure and his love of the sea with an opportunity for owners to give back while indulging their passion.

“I have always had a deep passion for the ocean,” Smith says. “I grew up watching Jacques Cousteau movies and being enthralled at the idea of being challenged by an endeavour.” When he set out to find his own perfect explorer yacht, however, he realised it didn’t yet exist. His answer was to create Arksen. “My aim with Arksen was to create the perfect machines to enable adventure,” he enthuses. “I also wanted to build sustainable boats which considered full life cycles, from material sourcing to recycling.”

That’s not all – Arksen also asks owners of its yachts to sign up to a pledge it calls 10% for the Ocean, where they will donate 10% of their vessel’s time to philanthropic activities. “A lot of people who have the money feel a responsibility to try and make sure that the oceans are well looked after,” Smith explains. “The people that are attracted to Arksen are passionate about the ocean and want to go off on slightly more advanced expeditions and trips. With that audience, there is a tremendous buy-in to the boat being for more than just their own purposes.”

Superyachts as a force for good

It speaks to the heart of the matter, which is that the superyacht industry and yacht owners in particular have a heart – they care about preserving the environment they enjoy, and they care about the communities they interact with who make them feel so welcome when they visit. It’s reflected in the smallest of gestures, such as donating materials and books to local schools, to the largest – helping with last-mile delivery of critical disaster relief. It’s about superyachts giving back.

It’s a positive-impact attitude toward humanity that is quietly typified by hundreds of superyacht owners, who often prefer to do their thing under the radar rather than take false glory for their philanthropic or humanitarian endeavours. For some it’s as straightforward as getting involved in projects with organisations like YachtAid Global . For others, their endeavours become a key reason for yachting.

American superyacht owner Carl Allen is a prime example of these philanthropic yacht owners. After selling his company, and having enjoyed chartering and owning yachts as a family for years, Allen set up Allen Explorations to deliver a full programme of projects, ranging from historical shipwreck searches and environmental research to disaster relief. Indeed, Allen’s support yacht Axis played a vital role in the aftermath of Hurricane Dorian – one of the most powerful storms ever to hit the Bahamas.

“We had to drop everything and help after the hurricane,” says Allen. “ Axis delivered over £700,000 of supplies and made multiple trips to Little Grand island in the Bahamas. We’ve turned it into the epitome of how to organise hurricane relief.” The team helped get the local school back up and running, and organised for a group from Florida Power and Light to help restore power. “The island also lost their water tower,” he adds, “so we delivered four tanks on  Axis .”

Jasper Smith

Celebrating the good in the superyachting good life

From family time to time spent embracing the global family, superyacht owners have a far greater positive impact than many assume from preconceived ideas about what a superyacht is and the sort of person who owns or charters one. It’s one of the reasons The Superyacht Life Foundation, in association with the Monaco Yacht Show , has unveiled The Honours, which is a way to celebrate the people of our industry rather than the yachts which so often get sole focus. It’s about recognising the extraordinary contributions that people make, the change they inspire, the opportunities they create, and the lives they change.

On 26 September, the eve of the 2023 Monaco Yacht Show, three honourees – nominated by people from across the superyacht industry, and selected from a shortlist by an expert panel of industry judges – will be feted for their work and contribution to superyachting. These are industry professionals and yacht owners who epitomise what superyachting can do. These are people who highlight the good in the superyachting good life.

Yacht owners, impactful journeys

All around the globe, yacht owners are enjoying precious time on their yachts with family and friends, and many are also realising that their yachts can be a force for good and for change, tying in with their philanthropic works and humanitarian endeavours.

“Our yacht is a platform for much of our life,” offers Joe Anderson , co-owner of the Benovia Winery in California with his wife, Mary Dewane. “For instance, we used it at a fundraiser for cystic fibrosis in Baltimore at the 200th anniversary of the Star-Spangled Banner event. The Blue Angels were flying overhead and used Bella Una [the couple’s yacht] as a GPS coordinate and performed flybys, tipping their wings at us. It was quite a thrill. Having a yacht is a way to keep the family intact, enjoy time with friends and have fun.”

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10 of the most impressive superyachts owned by billionaires

From a sailing yacht owned by a russian billionaire industrialist to the luxury launch of the patek philippe ceo, here are the best billionaire-owned boats on the water….

Words: Jonathan Wells

There’s something about billionaires and big boats . Whether they’re superyachts or megayachts, men with money love to splash out on these sizeable sea-going giants. And that all began in 1954 — with the big dreams of Greek shipping magnate Aristotle Onassis.

Onassis, keen to keep his luxury lifestyle afloat when at sea, bought Canadian anti-submarine frigate HMCS Stormont after World War II. He spent millions turning it into an opulent super yacht, named it after his daughter — and the Christina O kicked off a trend among tycoons. To this day, the world’s richest men remain locked in an arms race to build the biggest, fastest, most impressive superyacht of all. Here are 10 of our favourites…

Eclipse, owned by Roman Abramovich

Built by: Blohm+Voss of Hamburg, with interiors and exteriors designed by Terence Disdale. Launched in 2009, it cost $500 million (the equivalent of £623 million today).

Owned by: Russian businessman Roman Abramovich, the owner of private investment company Millhouse LLC and owner of Chelsea Football Club. His current net worth is $17.4 billion.

Key features: 162.5 metres in length / 9 decks / Top speed of 22 knots / Two swimming pools / Disco hall / Mini submarine / 2 helicopter pads / 24 guest cabins

Sailing Yacht A, owned by Andrey Melnichenko

Built by: Nobiskrug, a shipyard on the Eider River in Germany. The original idea came from Jacques Garcia, with interiors designed by Philippe Starck and a reported price tag of over $400 million.

Owned by: Russian billionaire industrialist Andrey Melnichenko, the main beneficiary of both the fertiliser producing EuroChem Group and the coal energy company SUEK. Though his current net worth is $18.7 billion, Sailing Yacht A was seized in Trieste on 12 March 2022 due to the EU’s sanctions on Russian businessmen.

Key features: 119 metres in length / 8 decks / Top speed of 21 knots / Freestanding carbon-fibre rotating masts / Underwater observation pod / 14 guests

Symphony, owned by Bernard Arnault

Built by: Feadship, the fabled shipyard headquartered in Haarlem in The Netherlands. With an exterior designed by Tim Heywood, it reportedly cost around $150 million to construct.

Owned by: French billionaire businessman and art collector Bernard Arnault. Chairman and chief executive of LVMH, the world’s largest luxury goods company, his current net worth is $145.8 billion.

Key features: 101.5 metres in length / 6 decks / Top speed of 22 knots / 6-metre glass-bottom swimming pool / Outdoor cinema / Sundeck Jacuzzi / 8 guest cabins

Faith, owned by Michael Latifi

Built by: Similarly to Symphony above, also Feadship. With exteriors designed by Beaulieu-based RWD, and interiors by Chahan Design, it cost a reported $200 million to construct in 2017.

Owned by: Until recently, Canadian billionaire and part-owner of the Aston Martin Formula 1 Team , Lawrence Stroll. Recently sold to Michael Latifi, father of F1 star Nicholas , a fellow Canadian businessman with a net worth of just under $2 billion.

Key features: 97 metres in length / 9 guest cabins / Glass-bottom swimming pool — with bar / Bell 429 helicopter

Amevi, owned by Lakshmi Mittal

Built by: The Oceanco shipyard, also in The Netherlands. With exterior design by Nuvolari & Lenard and interior design by Alberto Pinto, it launched in 2007 (and cost around $125 million to construct).

Owned by: Indian steel magnate Lakshmi Mittal, chairman and CEO of Arcelor Mittal, the world’s largest steelmaking company. He owns 20% of Queen Park Rangers, and has a net worth of $18 billion.

Key features: 80 metres in length / 6 decks / Top speed of 18.5 knots / On-deck Jacuzzi / Helipad / Swimming Pool / Tender Garage / 8 guest cabins

Odessa II, owned by Len Blavatnik

Built by: Nobiskrug, the same German shipyard that built Sailing Yacht A . Both interior and exterior were created by Focus Yacht Design, and the yacht was launched in 2013 with a cost of $80 million.

Owned by: British businessman Sir Leonard Blavatnik. Founder of Access Industries — a multinational industrial group with current holdings in Warner Music Group, Spotify and the Grand-Hôtel du Cap-Ferrat — he is worth $39.9 billion.

Key features: 74 metres in length / 6 guest cabins / Top speed of 18 knots / Intimate beach club / Baby grand piano / Private master cabhin terrace / Outdoor cinema

Nautilus, owned by Thierry Stern

Built by: Italian shipyard Perini Navi in 2014. With interiors by Rémi Tessier and exterior design by Philippe Briand, Nautilus was estimated to cost around $90 million to construct.

Owned by: Patek Philippe CEO Thierry Stern. Alongside his Gulstream G650 private jet, Nautilus — named for the famous sports watch — is his most costly mode of transport. His current net worth is $3 billion.

Key features: 73 metres in length / 7 guest cabins / Top speed of 16.5 knots / Dedicated wellness deck / 3.5 metre resistance pool / Underfloor heating / Jet Skis

Silver Angel, owned by Richard Caring

Built by: Luxury Italian boatbuilder Benetti. Launched in 2009, the yacht’s interior has been designed by Argent Design and her exterior styling is by Stefano Natucci.

Owned by: Richard Caring, British businessman and multi-millionaire (his wealth peaked at £1.05 billion, so he still makes the cut). Chairman of Caprice Holdings, he owns The Ivy restaurants.

Key features: 64.5 metres in length / Cruising speed of 15 knots / 7 guest cabins / Lalique decor / 5 decks / Oval Jacuzzi pool / Sun deck bar / Aft deck dining table

Lady Beatrice, owned by Frederick Barclay

Built by: Feadship and Royal Van Lent in 1993. Exteriors were created by De Voogt Naval Architects, with interiors by Bannenberg Designs. She cost the equivalent of £63 million to build.

Owned by: Sir David Barclay and his late brother Sir Frederick. The ‘Barclay Brothers’ had joint business pursuits including The Spectator , The Telegraph and delivery company Yodel. Current net worth: £7 billion.

Key features: 60 metres in length / 18 knots maximum speed / Monaco home port / Named for the brothers’ mother, Beatrice Cecelia Taylor / 8 guest cabins

Space, owned by Laurence Graff

Built by: Space was the first in Feadship’s F45 Vantage series , styled by Sinot Exclusive Yacht Design and launched in 2007. She cost a reported $25 million to construct.

Owned by: Laurence Graff, English jeweller and billionaire businessman. As the founder of Graff Diamonds, he has a global business presence and a current net worth of $6.26 billion.

Key features: 45 metres in length / Top speed of 16 knots / Al fresco dining area / Sun deck Jacuzzi / Breakfast bar / Swimming platform / Steam room

Want more yachts? Here’s the handcradfted, homegrown history of Princess…

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The 'Bayesian' Yacht Owner Is Missing After a Tornado Sank the Luxury Vessel

T he 184-foot luxury yacht called The Bayesian sank off the coast of Palermo, Italy on Monday, Aug. 19, 2024. Per CNN , six passengers are still missing at the time of writing — the original manifest included 22 people on board.

It's being reported that 15 people were rescued, and one passenger died. One of the missing is Mike Lynch, a tech entrepreneur whose wife's firm, Revcom, technically owns the superyacht. Mike has a very interesting past, which involves one of the biggest fraud cases in Silicon Valley history.

Read on for details.

So, who is Mike Lynch, the 'Bayesian' yacht owner who is missing?

According to The Washington Post , Mike is not accounted for after The Bayesian sank near Sicily in what's being called a "freak storm." Reportedly, the yacht's mast broke due to high winds, and the huge vessel sank.

The unthinkable accident resulted in Mike's 18-year-old daughter Hannah also being missing.

His wife, Angela Bacares, was reportedly rescued.

Per the outlet, Mike has been referred to as "Britain’s version of Bill Gates ." His company, Autonomy, sold to Hewlett-Packard for $11 billion over a decade ago.

But as AP News reports, that mega-deal soured when Mike was accused of falsifying documents leading up to the sale of Autonomy. A multi-year court case ensued, with Mike eventually being cleared of charges in the United States. Still, per the outlet, he was not done dealing with a civil case in his native Britain at the time of the yacht accident.

Mike Lynch's co-defendant was killed the same week the 'Bayesian' sank.

In a turn of events worthy of a movie, Mike's co-defendant in the case against him died on Saturday, just a few days before The Bayesian plummeted to 160 feet below the surface of the sea.

Stephen Chamberlain, who was killed by a car while jogging in England, was the former vice-president of finance for Autonomy, per The Guardian . He was initially placed on life support but later died.

Given the incredibly coincidental nature of the two awful tragedies, of course, conspiracy theories are cropping up on social media.

Adding fuel to the fire is the fact that Christopher Morvillo, the lawyer who helped clear the men of charges in the U.S., is among those missing after The Bayesian sank, per the New York Post .

Two months before going missing, Christopher oddly posted to LinkedIn for the first time .

"Following the jury's swift exoneration of our client, Mike Lynch, and his colleague, Steven Chamberlain, last week in San Francisco, I finally have something to say that I would like others to hear," he wrote in part.

After thanking many people who helped win the case, he finished the post by writing, "A huge thank you to my patient and incredible wife, Neda Morvillo, and my two strong, brilliant, and beautiful daughters, Sabrina Morvillo and Sophia Morvillo. None of this would have been possible without your love and support. I am so glad to be home. And they all lived happily ever after…."

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On board with Mike Potter, owner of 58m Superyacht Seawolf

Superyacht owner Mike Potter had made his fortune by the age of 51 – and that’s when the fun really started, with sailing, diving, vintage planes and family getting his full attention. Cécile Gauert catches up with the high-flying Canadian...

Mike Potter is trim and fit at 74 and as comfortable in a flight suit as in a wetsuit. The owner of 58.8 metre explorer Seawolf is an honorary colonel in the Royal Canadian Air Force and displays a very Canadian modesty about his accomplishments.

When I ask him about his background, he paints a quick portrait. “I was in the software business. I was very fortunate that it did well and I was comfortable bringing in professional management. It was a fair size by the time I did, so that allowed me to retire in the sense that I didn’t have to go to the office every day.”

Business articles tell the story differently. Potter forged a reputation as a trailblazer in the tech world, which earned him a lifetime achievement award from the Ottawa business community in 2016. He studied mathematics and physics, earned a master’s degree at the University of British Columbia and served with the Royal Canadian Navy.

He joined Quasar Systems in 1972 when he was 28. Two years later, he bought the company and renamed it Cognos. He took it public in 1986, following the success of the PowerHouse programming language that earned the company international renown. The largest computer software company in Canada, it employed 1,100 people worldwide by the early 1990s, and in 1995 Potter stepped aside. In 2007, IBM acquired what was now a major developer of business intelligence software for $4.9 billion.

He had been all in from the day he started and then, at 51, as the company was thriving, he decided to step aside, a move he was comfortable to make but which surprised some. He recalls telling a journalist who asked why he’d left such a successful company: “What’s the alternative? Is it better to step down when things are not going well?” He had decided it was time for him to do other things, explore his passions for sailing and flying and to raise a family. He did not retire exactly, but he had a lot more time to pursue personal interests, and a well-run family office allowed him to roam far and wide – “actually they encourage it”, he says.

An avid pilot since his early twenties, he started acquiring a collection of vintage aeroplanes in 2000 and in 2003 formed a non-profit organisation called Vintage Wings of Canada, which showcases restored aircraft at air shows and in a small museum.

“It’s an aspect of my life that has received a bit of attention in the community,” he says. “I have a collection of antique airplanes, mainly Second World War fighters, many flown by Canadians. We have British and American airplanes: Spitfire, Hurricane, Mustang, Kittyhawk, Corsair, and some even more rare examples from the 1930s and 1940s, plus a carbon-fibre aerobatic airplane and a 1950s era Canadian bush plane.” He has flown everything from gliders to a Dassault Falcon 200.

“I find sailors and pilots are often people who have the same interests,” he says. And he does love sailing. “I really grew up on the water. I was born in England, actually. My family moved to Canada when I was seven but I still remember living in a town called Southend right on the Thames Estuary. We bounced around with my family when we came to Canada, but we settled in Victoria on Vancouver Island. I grew up there and started sailing, and then I joined the Navy and went through military college.”

In the 1990s, he had a semi-custom 13 metre sailboat built in Bristol, Rhode Island. He took it from Cape Cod across the North Atlantic to Ireland and Scotland , south to the Canaries, back across the Atlantic to the Caribbean , and finally north again, completing the North Atlantic circle in Cape Cod in 1995. Friends joined him on each leg, making every trip a fondly remembered experience.

Eventually, he tapped naval architect Bill Langan, a yacht designer with Sparkman & Stephens , to create a custom 29 metre sailing yacht, which they built at Vitters . He kept that yacht for 10 years, sailing with his family throughout Europe, in the Mediterranean, the Baltic and around the UK, and in North America on both coasts as far north as Alaska .

Having a chance to spend time with his three growing daughters and exploring the world is what got the sailor into a motor yacht. He bought Seawolf , a converted ocean-going tug with its original 1956 engines, in 2008.

“What motivated me to do it really was my kids, who were four, nine and 11 at the time. I wanted several things that I wasn’t getting in a small sailboat. I wanted a little more space, so the kids could bring their friends, and I wanted to have the ability to carry equipment – toys, they call them. I wanted to carry things that could allow us to have activities aside from sailing. And I wanted the ability to go anywhere in the world. I wanted to discover the planet; not go just to the Caribbean and the Med.”

A broker brought to his attention a converted tug named Dolce Far Niente . Potter had started to think about trading his sailing yacht for a more modern explorer yacht, but when he saw the tug, as he says, “I fell in love with it”. It was more boat than he was intending to build, but he envisioned all that he could do with that deck space and range. The boat was built to go in any kind of weather, but it was more than a tough boat. It had a lovely aura of a bygone age .

The first time the tug caught the attention of the yachting world at large was at the 2002 Monaco Yacht Show, midway through a conversion carried out at Astilleros de Mallorca by a previous owner. The tug, built in the Netherlands and launched in 1957 as Clyde for L Smit & Co, was known for several feats of strength, including simultaneously towing two aircraft carriers and pulling supertankers through typhoons. But beyond that, it was a very good-looking boat, even before the conversion that brought it closer to yacht standards.

“She’s beautiful,” says Potter. “Although she was originally built in the 1950s as a commercial boat, I think the naval architect at the time made some effort to build a ship with beautiful lines. Then the conversion was done by somebody who was sensitive to that and kept those beautiful lines, so I liked that,” he says. “And it has a huge boat deck for storage. I put an 8.5 metre sailboat [a classic Herreshoff replica] on it and an 8.8 metre tender, which we use a lot for diving, plus I have a rowboat with a sliding seat, several kayaks and paddleboards, jet skis and most of all we have a massive amount of diving gear. We have a Nitrox system, we have a hyperbaric barometric chamber for emergencies, which I hope we never have to use, and enough equipment to put a dozen people of any size or skill level in the water at the same time.”

He still dives frequently and it’s a passion he now shares with his children. “I think that Seawolf has really made them divers more than sailors, but that’s OK. They like the water. That’s the most important thing,” he says.

Potter and the crew have a real bond with the boat and enjoy its history. The big six-cylinder Smit-MAN engines painted green chug steadily, watched over by an attentive engineer and are a sight to behold. The steady sound they make as the boat moves from anchorage to anchorage at night is as soothing as a lullaby.

The past is alive in the beautifully updated interior. A historically accurate model of Clyde is on board to remind all who sail in her of the ship’s past. It was a gift to Potter from his partner, Diane Cramphin, a designer who worked in secret with Seawolf ’s first officer to find it. She surprised him with it, and he loves to look at all its accurate details.

In August 2013, Potter helped organise an encounter in the Netherlands with the tug’s sistership Elbe . Like Seawolf , she’s had many lives, serving for a time as a support ship for Greenpeace, and now she’s a floating museum. The encounter took place in the boats’ original port of Maassluis, near Rotterdam, and the event attracted a crowd of enthusiasts and former Smit employees and their families. “We were surrounded by thousands of local people, many of whom went back a couple of generations, who were building and operating these tugs in the 1950s,” Potter says. In the crowd, tears in his eyes, was the son of the boat’s original designer, JCA Hoogenbosch.

This is very meaningful to Potter, who makes sure the boat is in tip-top shape. “Eventually this boat will have a new life with another family,” he says.

Having the boat has “given me a fantastic lifestyle being around family and friends. They say I am an active owner. I’ve done typically 80 days a year. I will probably do more than 100 days this year, but I’d live on it if I could.”

He doesn’t because he still has obligations shoreside and this allows Seawolf occasionally to be available for charter . The knowledgeable crew includes a marine biologist. Recently, Seawolf has cruised the Pacific from French Polynesia , to Fiji , Bali and the Philippines.

In spite of his attachment to Seawolf , with his children growing up and becoming independent, he thought he might have fewer opportunities to spend time with them, so a few months ago he put the boat on the market. However, shortly after we discussed his plans to get back into sailing, he took another trip aboard Seawolf to the Solomon Islands . During the voyage, he decided to withdraw it from sale. He told his broker he was simply having too much fun. “ Seawolf allows us to do so many different activities and keep hyperactive on every trip on board,” he says.“I love this boat."

First published in the January 2019 issue of BOAT International

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Final Body Is Recovered From Yacht That Sank Off Sicily

Hannah Lynch, the 18-year-old daughter of the British tech entrepreneur Mike Lynch, was on board a yacht that was hit by a storm and went down in the early hours on Monday.

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By Emma Bubola and Elisabetta Povoledo

Emma Bubola reported from Porticello, Italy, and Elisabetta Povoledo from Pallanza, Italy.

For nearly a week after a violent storm sent a luxury yacht to the bottom of the sea off the coast of Sicily, Italian scuba divers plunged deep underwater, moving through ropes and fallen objects inside the yacht in a desperate search for the six people missing.

On Friday, the recovery of the body of Hannah Lynch, 18, put an end to the wrenching search and to the slim hopes that any of the missing people might have survived.

Ms. Lynch, the daughter of the British tech entrepreneur Mike Lynch, who also died in the yacht’s sinking, was the last person to be formally unaccounted for since Monday after tragedy struck a group that had been celebrating her father’s acquittal in a high-profile fraud case.

There were 10 crew members and 12 passengers on board the 180-foot vessel, the Bayesian, when it was hit by a storm and went down about 4.30 a.m. on Monday, the boat’s management company said on Friday.

Fifteen survived.

The body of the ship’s cook, Recaldo Thomas, was found on Monday, a few hours after a downpour hit the northwestern coast of Sicily, near the port of Porticello, where the yacht had been anchored.

But it took several days to recover the bodies of the six passengers who were apparently trapped inside the yacht: Mr. Lynch and Ms. Lynch; Jonathan Bloomer, the chairman of Morgan Stanley International; his wife, Judy Bloomer; Christopher J. Morvillo, a lawyer at Clifford Chance; and his wife, Neda Morvillo.

On Friday, a round of applause could be heard from the firefighter’s tent set up on the dock in Porticello after the last body was pulled out in what the corps described as a “complex” search operation at a depth of about 165 feet. The firefighters said they had made 123 immersions into the sea to try to retrieve the bodies.

The body bag was then loaded onto an ambulance. A local man had left a small wooden cross on the rocks in front of the dock where the bodies were brought ashore.

Mr. Lynch’s wife, Angela Bacares, was among those who managed to reach the safety of a raft. They were rescued by a sailing schooner that had been bobbing about 150 yards from the yacht.

In a statement, the family thanked the search teams and said that it was enduring a “time of unspeakable grief.”

“The Lynch family is devastated, in shock and is being comforted and supported by family and friends,” the statement added.

As prosecutors from the nearby city of Termini Imerese began conducting interviews with the survivors and possible witnesses, the crew and passengers of the Bayesian have been confined to a local hotel, where the news media have been denied access.

Salvatore Cocina, the head of Sicily’s civil protection agency, said on Thursday that the survivors had turned down the psychological assistance his department had offered to them.

In Porticello, the sprawling presence of rescue services made a haunting backdrop for an otherwise tranquil port town. People sunbathed and ate ricotta-filled pastries, and stores selling sandals and dried fruit opened as normal, while coast guard and firefighting vessels came and went from the shore, taking scuba divers out to the shipwreck.

Other reminders of the tragedy could be seen along the coast, among palm trees and ice cream shops, with groups of onlookers staring out at the sea, now tranquil and flat.

Local and national news organizations have complained that prosecutors have not issued a statement or held a news conference. Prosecutors may shed more light on the yacht’s sinking when they hold a news conference on Saturday.

The marine accident investigation branch of the British transportation ministry was also looking into the shipwreck of the vessel, which was registered in Britain.

One of the major questions is what caused the boat to sink: Was it the fault of the boat maker, of the crew or of a powerful act of nature — or some combination of the three? None of those who were onboard the Bayesian have spoken publicly.

The luxury yacht, built by the Italian manufacturer Perini Navi and launched in 2008, had the second-tallest aluminum mast in the world, according to its makers.

Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought Perini Navi, has been assertive in defending the design and construction of the yacht, saying that the Bayesian would be “unsinkable” if the proper procedures were followed.

But yacht design experts have cautioned that the lesson of the Titanic, the ocean liner that sank on its 1912 maiden voyage, showed that no vessel, no matter how robust, was worthy of that label.

Nautilus International, a maritime-focused labor union, criticized any implication that the crew had been at fault, especially at this stage. In a statement , the union’s general secretary, Mark Dickinson, said, “Experience tells us that maritime tragedies are always the result of multiple, interconnected factors,” and he urged people to refrain from drawing any conclusions until a thorough investigation had been carried out.

The investigation into the causes will take months, prosecutors said.

Michael J. de la Merced contributed reporting.

Emma Bubola is a Times reporter based in Rome. More about Emma Bubola

Elisabetta Povoledo is a reporter based in Rome, covering Italy, the Vatican and the culture of the region. She has been a journalist for 35 years. More about Elisabetta Povoledo

Mike Lynch won a dramatic 12-year legal battle over his tech company. Weeks later, he and his top lawyer are dead.

• Mike Lynch won an unexpected jury acquittal after a dramatic 12-year legal saga.
• HP accused him of cooking the books of his company Autonomy to make it seem worth billions more.
• He finally won — and then he, his lawyer, and his codefendant all died within days.

In 2011, Mike Lynch was the toast of the tech world.

Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion.

Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. HP's executives said at the time that Autonomy had the potential to transform HP and usher the Silicon Valley titan into a new generation.

None of that happened. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances.

The claim led to a vicious decadelong series of legal disputes.

Another Autonomy executive, Sushovan Hussain, was convicted of fraud in 2018 and sentenced to five years in prison. Federal prosecutors brought criminal charges against Lynch and Stephen Chamberlain, the company's former vice president of finance.

Lynch's court battles concluded with a three-month criminal trial in San Francisco. After just two days of deliberation, jurors found Lynch and Chamberlain not guilty on all counts.

"The truth has finally prevailed," his lawyer Chris Morvillo said.

Within months, Lynch, Chamberlain, and Morvillo were all dead.

A takeover doomed from the start

Lynch, who studied neural networks for his Ph.D. at Cambridge University, spun off Autonomy from a previous company, Cambridge Neurodynamics, in 1996.

Using sophisticated algorithms, Autonomy allowed users to organize and search through large amounts of unstructured data. It was a bright spot in Britain's tech industry and was listed on the country's stock-market index.

Autonomy's clients included Oracle, Adobe, Cisco, AT&T, and HP itself. But HP's purchase of Autonomy was controversial.

The hardware company's CEO, Léo Apotheker , who had been in the position for less than a year, tried to shift the company's direction. HP had struggled to sell printers and servers as part of its traditional hardware business. Apotheker wanted to spin off HP's personal-computing division and make a big bet on moving the company into software, which had higher margins.

Analysts hated the idea. Shareholders sued. HP's value dropped by more than half. The company's board fired Apotheker within weeks of the decision to buy Autonomy, before the deal even closed.

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His successor, Meg Whitman, fired Lynch and wrote down the value of Autonomy by $8.8 billion, which indicated HP paid nearly four times what it should have. The New York Times columnist James B. Stewart floated the case that it was the worst acquisition in corporate history — even worse than AOL's ill-fated purchase of Time Warner.

In a stunning move, HP accused Lynch of fraud the following year. The company alleged he and Hussain, a former CFO, inflated Autonomy's sales figures. The FBI and the UK's Serious Fraud Office both opened investigations.

Lynch fervently denied accusations of wrongdoing. He pointed out that Autonomy was audited by Deloitte, which hadn't found issues. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales.

The culture at HP, he said, was poisonous.

"It was like boarding a plane, realizing the engine is on fire, and then going up to the cockpit only to find that the pilots are having a fight," he told The Telegraph at the time .

According to The New York Times, lawyers representing shareholders in the lawsuit against HP obtained a copy of the company's own KPMG-prepared due-diligence report. The report said that Autonomy wasn't transparent enough with its finances, but Apotheker moved forward with the takeover anyway, deciding that Autonomy's potential was worth it.

A legal morass

The UK's Serious Fraud Office announced in January 2015 that it closed its investigation into Autonomy, finding insufficient evidence for legal action, though it referred some issues to the US Justice Department.

In the subsequent months, HP and Lynch sued each other in the UK. As those cases wound their way through the British court system, US prosecutors continued investigating HP's purchase of Autonomy. In 2016, they brought fraud charges against Hussain, who was found guilty in a 2018 jury trial. British regulators formally barred him from the financial industry earlier this year after he completed a five-year sentence in the US.

HP unloaded Autonomy altogether, selling parts of it in 2016 and 2017.

In November 2018, Justice Department prosecutors went directly after Lynch and Chamberlain.

Their indictment accused Lynch and Chamberlain of falsifying financial documents, lying to auditors and regulators, and suppressing the voices of people who criticized Autonomy's financial practices.

Lynch was no longer looking at civil fights over money. He was facing the prospect of up to 20 years in prison.

For years, Lynch fought extradition to the US. Powerful in British political circles — he had advised David Cameron when Cameron was prime minister and served on the boards of the BBC and the British Museum — he and his lawyers argued that his legal issues should play out in the UK, not the US. American criminal laws were unfairly stacked against him, his lawyers said.

HP's lawsuit against Lynch — still churning in the background — finally went to trial in 2019. Apotheker testified he would have abandoned the Autonomy acquisition if he had a better understanding of its finances. Lynch argued that the whole morass was orchestrated by Whitman, Apotheker's successor, who harbored political ambitions (she ran for governor in California and is currently the US ambassador to Kenya) and wanted to shift the blame for Autonomy's failures to someone else.

Robert Hildyard, the judge who oversaw the case, ruled mostly in HP's favor. In a 2022 decision that ran over 1,700 pages, he wrote that HP overpaid for Autonomy because of deceit from Lynch and Hussain. Hildyard hadn't yet decided how much they would owe in damages, but he wrote it would be "substantially less" than the $5 billion HP asked for.

When he wasn't fighting legal battles, Lynch continued to be an entrepreneur. He founded a venture-capital firm, Invoke Capital, and invested in and helped run the cybersecurity firm Darktrace, which,  Politico reported, has deep ties  to Britain's intelligence agencies.

Financial disclosures Lynch filed last year as part of his criminal case indicated he was worth about $450 million.

The criminal trial

The UK finally extradited Lynch to the US in May 2023 , where he prepared for his trial — alongside Chamberlain as a codefendant — while under house arrest in San Francisco.

Lynch had a top-shelf legal team, but after the British court loss and Hussain's conviction, the chances of an acquittal seemed bleak.

Lynch testified at the end of his three-month trial, which began in March, telling jurors he wasn't involved in day-to-day financial oversight of the company. Misunderstandings, he said, could be chalked up to the differences between British and American accounting practices.

"A lot of what we've been looking at is like peering through the door of a kitchen and seeing the sausage-making machine, and that's how it really works," he told jurors, according to The Times of London . "If you take the microscope into even the most spotless kitchen, you'd find bacteria. If it wasn't there, that'd be something very abnormal. I don't think Autonomy was any different."

Jurors believed him. In June, they declared Lynch not guilty of the 15 charges against him, clearing Chamberlain as well.

Morvillo, one of Lynch's lawyers in the trial — as well as in the preceding decade of legal disputes — praised the jury, saying it had rejected "the government's profound overreach in this case."

"This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig. "Thankfully, the truth has finally prevailed."

In an interview with The Times of London after the trial , Lynch reflected on how, with a great burden lifted off him at the age of 59, he could remake his life.

He mourned the deaths of his brother and mother, who both died ahead of the criminal trial. He mused about using his fortune to start a British version of the Innocence Project, which prevents wrongful convictions in the US.

"Now you have a second life," he told The Times. "The question is, what do you want to do with it?"

But first, a celebration. Lynch; his wife, Angela Bacares; one of his two daughters; Morvillo and his wife, Neda; and several others went on a superyacht, the Bayesian , which was anchored outside Sicily and owned by Bacares.

Chamberlain moved back to the UK. While running near his home, a driver hit him with a car . He died in a hospital on Saturday.

On Monday, a sudden storm struck the Bayesian. The yacht capsized.

Of its 22 passengers, 15, including Bacares, were rescued.

But rescuers have pulled five bodies from the wreckage, including Morvillo's and Lynch's . A sixth remains trapped inside the boat. Lynch's daughter Hannah remains missing.

Correction: August 22, 2024 — An earlier version of this story misnamed Lynch's lawyer. His name was Chris Morvillo, not Charles Morvillo.

• Main content

Darwin's Galápagos: A Family Journey of Discovery on the Boutique Yacht Isabela II

June 12 - 20, 2025

Group Size: From 26 to 33 participants Price: Starting from $9,990 per person double occupancy Co-sponsored with: Harvard exclusive

Trip Overview

Discover the Galápagos as Darwin did, cruising from island to island on an unforgettable, six night, shipboard adventure. Begin in Quito, Ecuador’s capital city, then fly to Baltra Island and board an exclusive charter of the 40-berth Isabela II . Visit several islands, each with endemic species that have evolved differently than on neighboring islands. Venture ashore to see a myriad of birds, sea lions, marine iguanas, sea turtles, penguins, fur seals, and other wildlife that exists only here. Swim and snorkel almost every day. Release your inner explorer as you make your way across fields of lava and climb dormant volcanic craters.

In addition to your Harvard study leader, evolutionary biologist and recently appointed dean of the Faculty of Arts and Sciences Hopi Hoekstra, this family adventure is enriched by a youth coordinator, naturalists, and guides who are passionate about their work and will eagerly share their diverse knowledge. Throughout the cruise, the youth coordinator will conduct fun-filled, interactive learning activities for children of all ages, and expert naturalists will lead excursions the entire family will enjoy.

Schedule by Day

Depart U.S. and fly to Quito, Ecuador. Welcome reception and dinner

Overnight: Wyndham Quito Airport Hotel

Meals: R, D

Fly to Baltra and embark Isabela II . In the afternoon, visit Las Bachas’ white beach on the north shore of Santa Cruz Island for a refreshing swim.

Overnight: Isabela II

Meals: B, L, D

Hike at Punta Pitt on the eastern tip the island where you’re likely to see all three booby species. Swim, kayak, or snorkel. Afternoon visit to Cerro Colorado, a breeding center for the endangered giant tortoises.

Morning walk on the beautiful coral beach of Gardner Bay to see Española mockingbirds and finches. Snorkel with sea lions and marine wildlife. Afternoon hike at Suarez Point through lava and boulder fields to see marine iguanas, Sally Lightfoot crabs, and large colonies of nesting birds, including Nazca & blue-footed boobies, waved albatros, and swallow-tailed gulls.

Spend the morning at Cormorant Point, with its green-tinged olivine-crystal beach. Walk to the lagoon to see the flamingo population. Swim or snorkel with reef fish, sea turtles, white-tipped reef sharks, and possibly penguins. In the afternoon, visit Post Office Bay to see the historic Post Office and snorkel or swim off the beach.

Isabela Island – At Punta Moreno hike inland from the coast, admiring the majestic volanoes of southern Isabela Island, distinctive lava formations, lava cactus, and inland lagoons. See a plethora of wildlife, including Galápagos penguins, flightless cormorants, brown pelicans, herons, marine iguanas, and more.

Afternoon – journey to Fernandina Island and explore the coast of the archipelago’s youngest ecosystem by panga. Look for dolphins and whales in Bolivar Channel. Choose to do a deep water snorkel or ride in the glass bottom boat.

In the morning explore Eden Islet, just off the west coast of Santa Cruz, by panga to see a variety of wildlife, including blue-footed boobies, and then snorkel with colorful fish, sea turtles, and black-tip sharks.

Later, make a leisurely walk on North Seymour Island to see nesting frigatebirds, land iguanas, and colonies of sea lions, and partake in a deep-water snorkel.

Disembark on Santa Cruz Island and transfer to Baltra Airport for the flight back to Quito. Gather for a farewell dinner at the hotel.

Overnight: Wyndam Airport Hotel

Meals: B, D

Return flights to United States.

Classic Cabin (Cabin Deck; 128 sq ft): $9,990 per person, double occupancy / $14,990 single

Classic Family Cabin (Cabin Deck; 139 sq ft): Can be booked as a triple if child is 11 or younger (The first two guests pay $11,990 per person; the child cost is $5,990)

Owner’s Cabin (Main Deck; large window, 170 sq ft): $13,490 per person, double occupancy

On-Tour Flights Quito/Galápagos/Quito: approximately  $575 per person

Accommodations

• Two noncosecutive nights at Wyndham Quito Airport Hotel, Quito  
• Six nights aboard  Isabela II

What to Expect

To make the most of what this expedition has to offer, the trip will be active, requiring you to be in good health and physical condition and able to keep up with the group without assistance from tour staff. The schedule will include long days, with some early departures, and activities scheduled throughout the day and into the evening.

In the Galápagos, daily excursions usually include two shore excursions each day, one in the morning and one in the afternoon, each lasting two to three hours and usually a snorkeling opportunity every day. On some days the shore excursions can require up to two hours of walking, often over loose rocks and uneven terrain where stairs are unavailable or do not have handrails, and standing, often in the warm sun. Travel from the ship to the landing sites will be in pangas (large, motorized rubber boats). For these shore excursions, travelers, with assistance from the ship’s crew, must be able to step from the ship to the panga and vice versa, and the water can sometimes be choppy. There will be wet landings where you step off the panga into the water and walk a short distance through shallow water to shore. During the shore excursions there will be opportunities to hike, kayak, swim, and snorkel. The degree of difficulty will be described in daily briefings, and all activities are optional, so each traveler may choose the activity level that best suits his or her ability. Please note that the Isabela II does not have an elevator.

This promises to be a memorable journey, but as with all travel, a flexible attitude, a spirit of adventure, and a willingness to explore new areas will enhance your enjoyment of this program. You do not have to participate in all the scheduled activities, except when traveling to the next destination. We are sure you will be pleased with the exciting educational program provided, but we want you to be aware of the pace and activity level.

Study Leader(s)

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For More Information

Please email [email protected] or call our office at 800-422-1636 or 617-496-0806.

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ZEUS Yacht – Harmonious $50M Superyacht

ZEUS yacht is a 74-meter yacht that can accommodate up to 15 guests using her six cabins and fit up to 21 onboard qualified crew members in her nine spacious cabins.

She was built in 1991 by Blohm and Voss and was designed both on the exterior and interior by Francis Design.

She weighs approximately 1,150 tons and can cruise at speeds of 19 knots, and can go to a top speed of 35 knots.

ZEUS yacht interior

Designing the interior of the ZEUS yacht is Francis Design , a design studio led by Martin Francis. A UK-born and raised individual who graduated in Furniture and has since transitioned to yacht interior design.

He started designing yachts back in 1980 and has amassed tons of experience after working on several yacht projects.

One of these is GOLDEN ODYSSEY , a 123-meter superyacht owned by Prince Khaled bin Sultan.

This 400 million US dollar superyacht can welcome 32 guests in 16 cabins and fit 60 qualified crew members in 30 cabins.

She weighs 7,690 tons, can cruise at speeds of 11 knots, and can go to a top speed of 21 knots.

Another is the SENSES yacht, a 59.22-meter yacht capable of welcoming 14 crew members, and ten guests and can go to a top speed of 15 knots.

There is little known information regarding the amenities aboard the ZEUS Yacht, but pictures of her suggest that she has access to a sun deck and an outside dining area.

She can also welcome up to 15 guests using her six cabins with specifications of 1 Master, 1 VIP, and 4 Doubles. Additionally, she can also fit up to 21 qualified onboard crew members.

Specifications

ZEUS yacht spans an overall length of    244.5 feet or 74.5 meters, a beam of 36.9 feet or 11.2 meters, and a draft of 10.6 feet or 3.2 meters.

She is built with a teak deck, a steel hull, and an aluminum superstructure and was completed in 1991 by Blohm and Voss .

She weighs approximately 1,150 tons and is powered by two kamewa 112s mechanical engines that turn her twin screw propulsion systems, capable of outputting 10,010 hp, which enable her to cruise at 19 go to a maximum speed of 35 knots.

ZEUS Yacht is capable of storing 38,000 liters of fresh water and holding 230,000 liters worth of fuel in her fuel tanks which allows her to cover distances of over 4,031 nautical miles.

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