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A Mysterious $110 Million Super Yacht Has Docked in Adelaide

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The $US75 million (around $AU110 million) luxury super yacht, called the Satori, docked at Port Adelaide on Friday after taking a trip to Melbourne and Auckland.

The mystery surrounding the super yacht is that we don’t really know who the owner is. It’s believed to be owned by U.S. billionaire Jay Alix, who is a philanthropist and founder of the management consulting firm AlixPartners .

According to SuperYachtFan , the Satori, designed and built by Delta Marine Design Group , is 63 metres long and can house 12 guests in six cabins. It also costs around $AU6 million to $AU12 million to run.

billionaire yacht port adelaide

But what is the super yacht doing in Adelaide? We don’t really know and we probably won’t. Apparently, the details of super yachts and their owners are kept relatively quiet. As such, we don’t actually know if Alix is on board the yacht at all.

According to the Flinders Port public shipping schedule , the Satori is set to leave Port Adelaide on December 8 after arriving on November 18. The super yacht also has a Cayman Islands flag and has an unknown vessel operator and naval headquarters. Take from that what you will.

Could this be the most exciting thing to happen in Port Adelaide? Maybe.

The potential owner of the super yacht, Jay Alix, has quite a lengthy CV. Not only is he the founder of AlixPartners, he has also served as CEO, COO and CFO of the firm.

He has extensive pro bono work, according to his bio on the AlixPartners website, which includes being a strategic advisor to various Japanese government agencies and officials when Japan developed its strategy for corporate revitalisation. He also assisted the Bank of Japan and the Ministry of Economy, Trade and Industry.

AlixPartners have also led major corporate restructurings including General Motors, WorldCom, Enron, Dana Corporation, Calpine and Kmart Corporation.

billionaire yacht port adelaide

Jay Alix was also appointed by President Clinton to the National Bankruptcy Review Commission and made proposals to revise the bankruptcy laws, being the only businessperson and non-lawyer on the commission.

If you thought that was already a lot, including owning a super yacht, Alix has also done a lot of work in the creative and medical space. In 2018, Alix donated $US200 million to the Mayo Clinic School of Medicine which is the largest-ever endowment gift to Mayo Clinic. The school is now known as Mayo Clinic Alix School of Medicine.

Alix has also, for some reason, been involved in the production of award-winning documentary films, four-time Tony-winning Broadway musicals and plays and Grammy-nominated music. He has also helped the Detroit Public School System and the Normal Rockwell Museum.

It’s been a busy time for super and mega yachts lately. From America seizing a whole bunch of Russian super yachts, which it probably shouldn’t have done , to a super yacht that sank a gas tanker going on sale for $50.5 million .

Oh, and there’s recently been plans to build a giant turtle-shaped terayacht floating city thing .

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The Global Herald

$110 million superyacht owned by US billionaire docks at Port Adelaide | 7NEWS

$110 million superyacht owned by us billionaire docks at port adelaide | 7news

A super yacht in Port Adelaide has piqued the locals’ interest, as an American billionaire, Jay Alix, has docked in South Australia.

The superyacht is reported to be worth $110m, and can sleep 12 people.

7NEWS Australia published this video item, entitled “$110 million superyacht owned by US billionaire docks at Port Adelaide | 7NEWS” – below is their description.

It is the stuff dreams are made of – a multimillion-dollar superyacht has docked in Port Adelaide and its arrival has local tongues wagging. 7NEWS Australia YouTube Channel

The superyacht belonging to US billionaire Jay Alix has docked at Port Adelaide. The vessel, which is worth an estimated $110 million, is one of the largest privately-owned yachts in the world. Alix is the founder of a restructuring firm, AlixPartners , that has been involved in some high-profile bankruptcies, including that of Toys “R” Us.

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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In this story: adelaide.

Adelaide is South Australia’s cosmopolitan coastal capital. Its ring of parkland on the River Torrens is home to renowned museums such as the Art Gallery of South Australia, displaying expansive collections including noted Indigenous art, and the South Australian Museum, devoted to natural history. The city’s Adelaide Festival is an annual international arts gathering with spin-offs including fringe and film events.

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In this story: alixpartners.

AlixPartners is a financial advisory and global consulting firm best known for its work in the turnaround space. Jay Alix founded what became AlixPartners LLP in 1981. The firm has advised on some of the largest Chapter 11 reorganizations including General Motors Co., Kmart, and Enron Corp.

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I loved all the interviews… they couldn’t be more Aussie if they tried. Love it. Go Aussie.

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  • South Australia

Mystery superyacht The Felix is docked in the Port River, but who owns it?

IT’S the superyacht that has Port Adelaide buzzing with ­rumours. Is it a Hollywood hunk’s floating palace? A luxury base for a billionaire for a penchant for batteries and space rockets?

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IT’S the super yacht that has Port Adelaide buzzing with ­rumours. Could it be Hollywood hunk Chris Hemsworth’s floating palace while on Tourism Australia duties, or a luxury base for Elon Musk while keeping an eye on his big battery?

The Felix is moored at Port Adelaide after meandering down the east coast with stops in Sydney and Hobart.

Luxury superyacht The Felix berthed at Port Adelaide. Picture: AAP / Dean Martin

The former research vessel was converted to be the super yacht Amadeus in 2007 for French luxury goods billionaire Bernard Arnault.

It was renamed the Felix in early 2016 following its sale to a mystery buyer for an undisclosed price. At the time one valuation put it at being worth 65 million euro ($A100 million).

Felix is a world away from a fishing tinny. The 70m ship is configured to take 12 guests in six cabins, plus 18 crew, with ­facilities such as jacuzzi, gym, cinema, elevator serving three decks and golf driving range.

Inside the superyacht The Felix.

In 2008 the Power and Motor Yacht website listed it as the 64th largest motor yacht in the world, noting “Former British prime minister Tony Blair, his wife Cherie, and rock star Bono cruised together aboard this yacht last summer”.

What Felix is doing in Adelaide is a mystery, although there are many theories. Comments on social media include claims it is owned by a North American businessman.

Inside the superyacht The Felix.

Meanwhile, Chris Hems­worth has left SA and Elon Musk has been busy launching a rocket taking one of his Tesla cars into space.

On the deck of the superyacht The Felix.

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How did the superyacht carrying tech tycoon Mike Lynch sink off Sicily?

Lynch’s was among five bodies retrieved by divers on Wednesday after the Bayesian sank, according to reports.

Divers operate in the sea to search for the missing after a luxury yacht sank off Sicily

Five bodies were retrieved on Wednesday, and a sixth on Friday , by divers searching for those missing from the superyacht which sank off the Sicilian coast in the Mediterranean. The bodies found include British tech tycoon Mike Lynch , the UK’s Telegraph reported. The bodies have not been formally identified by the authorities yet.

It is understood that they were retrieved from inside the sunken yacht, which is reported to be lying on its side on the sea bed at a depth of 50 metres

Keep reading

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This brings the total death toll to seven; one person, reported to be the chef from the yacht, was confirmed dead on Monday.

The yacht capsized on Monday at about 5am (03:00 GMT) after it was hit by stormy weather caused by a “waterspout” – or mini tornado – according to Italian authorities.

The cruise had reportedly been undertaken to celebrate the acquittal of Lynch in a fraud trial in the United States in June.

His co-defendant in the trial, Steve Chamberlain, who was also acquitted in June, was killed after being hit by a car on Saturday.

Here’s what is known so far about the yacht, those on board and who died or were still missing after it sank.

rescue

Who was on the superyacht which sank?

According to the Italian coastguard, the 56-metre-long (184 feet) British-flagged yacht, called the Bayesian, was carrying 22 people, including 10 crew members.

One person has been confirmed dead after rescuers located a body on Monday at a depth of about 50 metres (164 feet), the AFP news agency reported. Officials have not yet given the name of the deceased but Italian media reported that he was the yacht’s chef.

AFP reported on Tuesday that divers had spotted a second body inside the sunk boat, quoting a source close to the search operation. Authorities have not confirmed it yet, though.

While not all the names of the six missing passengers were not made public officially, they were understood to include:

  • Mike Lynch, 59, a British-Irish technology businessman who co-founded British tech company Autonomy in 1996 and was once likened to Microsoft founder Bill Gates; he earned a PhD from Cambridge University
  • Hannah Lynch, 18, Mike’s daughter, who had just completed her final school exams and was due to begin a degree in English at the University of Oxford this September
  • Jonathan Bloomer, the 70-year-old British chairman of Morgan Stanley bank and the Hiscox insurance company, was confirmed as missing by Hiscox CEO Aki Hussain
  • Judy Bloomer, Jonathan’s wife, was also confirmed as missing by Hussain
  • Chris Morvillo, from British international law firm Clifford Chance, was confirmed to be missing by Salvatore Cocina, head of the Civil Protection in Sicily

Fifteen people, including Lynch’s wife, Angela Bacares, were rescued. Among others rescued were Charlotte Golunski, 36, a board director at Luminance, a software startup founded by Lynch; her husband, James; and their one-year-old daughter, Sophie. Golunski is understood to have kept her daughter alive by holding her above her head while she was in the water.

All those rescued are in stable condition, although eight of them have been hospitalised, according to Italian news agency Adnkronos.

What do we know about the Bayesian?

Italian shipbuilder Perini Navi constructed the superyacht in 2008 and refitted it in 2020, according to the company’s website.

The yacht’s owner is listed as Revtom Limited, a firm solely owned by Lynch’s wife, Bacares, according to company documents seen by the Reuters news agency.

It was formerly called Salute but was renamed Bayesian after Lynch’s PhD thesis and his software that earned him a fortune. Both of these were based on the statistical Bayesian theory, championed by mathematician Thomas Bayes.

Where was the Bayesian last seen and where was it going?

The Bayesian was last located on Sunday evening in the Tyrrhenian Sea, east of the harbour at Porticello, according to ship tracking websites Vessel Finder and Marine Traffic.

Porticello is a port city located near the Sicilian capital, Palermo.

The yacht had departed on August 14 from the Sicilian port of Milazzo. Its destination was reported to be the Italian city of Bagheria by the tracking websites.

Did a waterspout cause the yacht to sink?

Italian authorities reported that the stormy conditions that caused the yacht to sink were triggered by a waterspout.

A waterspout is a rotating column of whirling air and water mist – sometimes referred to as a mini tornado – according to the website of the US National Ocean Service.

The website adds that a tornadic waterspout is a tornado that forms over water or moves from land to water. They are similar to land tornadoes and can occur during thunderstorms.

Who is Stephen Chamberlain and how is he connected to this case?

Chamberlain, 52, was Lynch’s co-defendant in a fraud trial in San Francisco, which saw both men acquitted in June.

Chamberlain died in a hospital from injuries sustained when he was hit by a car while out running in Cambridgeshire, United Kingdom, on Saturday. His death was confirmed by his lawyer Gary Lincenberg in a statement on Monday.

The fraud case related to Hewlett Packard’s $11bn acquisition of Autonomy, the firm Lynch grew into the UK’s leading tech company before it spectacularly unravelled after being bought by HP in 2011.

Lynch was extradited to the US in May 2023 and he spent more than a year under house arrest before his acquittal. Chamberlain was the former vice president of finance at Autonomy.

The yacht trip was supposedly a celebration of Lynch’s acquittal.

How did the rescue operation unfold?

Specialist divers began a search anew for the six missing people on Tuesday. Three divers, equipped with oxygen cylinders, descended beneath the surface to examine the wreck.

They initially faced difficulty accessing the yacht’s chambers because they were constricted by furniture.

An investigation into the wreck has been opened by prosecutors in the nearby Sicilian town of Termini Imerese.

What have survivors and witnesses said about the incident?

“It was terrible. The boat was hit by really strong wind and shortly after it went down,” survivor Golunski told the ANSA news agency.

She added that she had lost hold of her one-year-old daughter in the water for “two seconds”, but then managed to grab her and hold her up over the waves until a lifeboat inflated and they were both pulled to safety. She reported that people were screaming.

Karsten Borner, a captain of a nearby yacht who witnessed the sinking, said he had turned on the engine of his ship to prevent collision with the Bayesian. “We managed to keep the ship in position and after the storm was over, we noticed that the ship behind us was gone,” he told reporters.

Bloomer’s wife, Judy, is a trustee of the Eve Appeal, a UK-based gynaecological cancer research charity. Athena Lamnisos, the CEO of the Eve Appeal, was quoted by the BBC saying she was “deeply shocked to hear the news that our very dear friend and her husband Jonathan, are among those missing”.

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Lynch Yacht Sinking Off Sicily Proves as Baffling as It Is Tragic

As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly.

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A diver in an orange jumpsuit suit and crews in gray shirts and red trousers hoist remains in a blue body bag onto a boat, as others in reflector uniforms stand nearby.

By Emma Bubola and Michael J. de la Merced

Emma Bubola reported from Porticello, Italy, and Michael J. de la Merced from London.

Two months after being cleared in a bruising legal battle over fraud charges, the British tech mogul Mike Lynch celebrated his freedom with a cruise. He invited his family, friends and part of his legal team on board his luxury sailing yacht, a majestic 180-foot vessel named Bayesian after the mathematical theorem around which he had built his empire.

On Sunday night, after a tour of the Gulf of Naples, including Capri, and volcanic islands in the Eolian archipelago, the boat anchored half a mile off the Sicilian coast in Porticello, Italy. It chose a stretch of water favored by the Phoenicians thousands of years ago for its protection from the mistral wind and, in more recent times, by the yachts of tech billionaires. The boat was lit “like a Christmas tree,” local residents said, standing out against the full moon.

But about 4 a.m., calamity unfolded. A violent and fast storm hit the area with some of the strongest winds locals said they had ever felt. Fabio Cefalù, a fisherman, said he saw a flare pierce the darkness shortly after 4.

Minutes later, the yacht was underwater. Only dozens of cushions from the boat’s deck and a gigantic radar from its mast floated on the surface of the sea, fishermen said.

In all, 22 people were on board, 15 of whom were rescued. Six bodies — five passengers and the ship’s cook — had been recovered by Thursday afternoon, including that of Mr. Lynch, an Italian government official said, adding that the search was continuing for his daughter.

It was a tragic and mystifying turn of events for Mr. Lynch, 59, who had spent years seeking to clear his name and was finally inaugurating a new chapter in his life. Experts wondered how a $40 million yacht, so robust and stable could have been sunk by a storm near a port within minutes.

“It drives me insane,” said Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company, Perini, that made the Bayesian. “Following all the proper procedures, that boat is unsinkable.”

The aura of misfortune only deepened when it emerged that Stephen Chamberlain, 52, a former vice president of finance for Mr. Lynch’s former company and a co-defendant in the fraud case, was killed two days earlier, when he was hit by a car while jogging near his house in England.

Since June, the two men had been in a jubilant mood. A jury in San Francisco had acquitted both on fraud charges that could have sent them to prison for two decades. There were hugs and tears, and they and their legal teams went for a celebratory dinner party at a restaurant in the city, said Gary S. Lincenberg, a lawyer for Mr. Chamberlain.

The sea excursion was meant as a thank-you by Mr. Lynch to those who had helped him in his legal travails. Among the guests was Christopher J. Morvillo, 59, a scion of a prominent New York family of lawyers who had represented Mr. Lynch for 12 years. He and his wife, Neda, 57, were among the missing.

So, too, was Jonathan Bloomer, 70, a veteran British insurance executive who chaired Morgan Stanley International and the insurer Hiscox.

The body of the ship’s cook, Recaldo Thomas, was recovered. All the other crew members survived. Among them was Leo Eppel, 19, of South Africa, who was on his first yacht voyage working as a deck steward, said a friend, who asked not to be identified.

Since the sinking, the recovery effort and investigation have turned the tiny port town of Porticello, a quiet enclave where older men sit bare-chested on balconies, into what feels like the set of a movie.

Helicopters have flown overhead. Ambulances have sped by with the sirens blaring. The Coast Guard has patrolled the waters off shore, within sight of a cordoned-off dock that had been turned into an emergency headquarters.

On Wednesday afternoon, a church bell tolled after the first body bag was loaded into an ambulance, a crowd watching in silence.

The survivors were sheltering in a sprawling resort near Porticello, with a view of the shipwreck spot, and had so far declined to comment.

Attilio Di Diodato, director of the Italian Air Force’s Center for Aerospace Meteorology and Climatology, said that the yacht had most likely been hit by a fierce “down burst” — when air generated within a thunderstorm descends rapidly — or by a waterspout , similar to a tornado over water.

He added that his agency had put out rough-sea warnings the previous evening, alerting sailors about storms and strong winds. Locals said the winds “felt like an earthquake.”

Mr. Costantino, the boat executive, said the yacht had been specifically designed for having a tall mast — the second-tallest aluminum mast in the world. He said the Bayesian was an extremely safe and secure boat that could list even to 75 degrees without capsizing.

But he said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, is to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

billionaire yacht port adelaide

12 guests occupied the yacht’s six cabins. There were also 10 crew members.

Open hatches, doors and cabin windows could have let in water during a storm, according to the manufacturer.

billionaire yacht port adelaide

Open hatches, doors and

cabin windows could

have let in water

during a storm,

according to the

manufacturer.

Source: Superyacht Times, YachtCharterFleet, MarineTraffic

By Veronica Penney

The New York Times attempted to reach the captain, James Cutfield, who had survived, for comment through social media, his brother and the management company of the yacht (which did not hire the crew), but did not make contact.

So far none of the surviving crew members have made a public statement about what happened that night.

Fabio Genco, the director of Palermo’s emergency services, who treated some of the survivors, said that the victims had recounted feeling as if the boat was being lifted, then suddenly dropped, with objects from the cabins falling on them.

The Italian Coast Guard said it had deployed a remotely operated vehicle that can prowl underwater for up to seven hours at a depth of more than 980 feet and record videos and images that they hoped would help them reconstruct the dynamics of the sinking. Such devices were used during the search and rescue operations of the Titan vessel that is believed to have imploded last summer near the wreckage of the Titanic.

After rescuers broke inside the yacht, they struggled to navigate the ropes and many pieces of furniture cluttering the vessel, said Luca Cari, a spokesman for Italy’s national firefighter corps.

Finally, as of Thursday morning, they had managed to retrieve all but one of the missing bodies, and hopes of finding the missing person alive were thin. “Can a human being be underwater for two days?” Mr. Cari asked.

What was certain was that Mr. Lynch’s death was yet another cruel twist of fate for a man who had spent years seeking to clear his name.

He earned a fortune in technology and was nicknamed Britain’s Bill Gates. But for more than a decade, he had been treated as anything but a respected tech leader.

He was accused by Hewlett-Packard, the American technological pioneer that had bought his software company, Autonomy, for $11 billion, of misleading it about his company’s worth. (Hewlett-Packard wrote down the value of the transaction by about $8.8 billion, and critics called it one of the worst deals of all time .) He had been increasingly shunned by the British establishment that he sought to break into after growing up working-class outside London.

He was extradited to San Francisco to face criminal charges, and confined to house arrest and 24-hour surveillance on his dime. In a townhouse in the Pacific Heights neighborhood — with security people he jokingly told associates were his “roommates” — he spent his mornings talking with researchers whom he funded personally on new applications for artificial intelligence. Afterward, he devoted hours to discussing legal strategy with his team.

Despite his persistent claims of innocence, even those close to Mr. Lynch had believed his odds of victory were slim. Autonomy’s chief financial officer, Sushovan Hussain, was convicted in 2018 of similar fraud charges and spent five years in prison.

During Mr. Lynch’s house arrest, his brother and mother died. His wife, Angela Bacares, frequently flew over from England, and she became a constant presence in the San Francisco courtroom during the trial.

After he was finally acquitted, Mr. Lynch had his eye on the future. “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,” he said.

Elisabetta Povoledo contributed reporting from Pallanza, Italy.

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

Michael J. de la Merced has covered global business and finance news for The Times since 2006. More about Michael J. de la Merced

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billionaire yacht port adelaide

Body of British billionaire Mike Lynch recovered from sunken yacht in Sicily

The body of British billionaire Mike Lynch has been recovered from the sunken luxury yacht off the coast of Sicily.

More than 20 people were on board the vessel – owned by the tech tycoon – when it was hit by bad weather and rapidly sunk.

Divers are still searching for the last missing person, believed to be Mr Lynch’s 18-year-old daughter Hannah.

Body of British tech entrepreneur Lynch retrieved from yacht, daughter missing

  • Medium Text
  • Interior ministry official confirmed Lynch's death
  • Officials say it could take time to recover last body
  • Chief prosecutor to hold press conference on Saturday
  • Yacht manufacturer blames sinking on crew errors

Rescue operations continue after a luxury yacht sank off Sicily

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Six People Missing And One Dead After Tech Billionaire’s 56-Metre Superyacht Capsized Near Sicily

billionaire yacht port adelaide

Lachlan Hodson

Six people, including British-Irish tech billionaire Mike Lynch , have been declared missing after a superyacht capsized off the Sicilian coast on Monday. Divers are conducting search missions at the site of the wreckage, with reports they saw “corpses through the portholes”.

On Monday a powerful storm off the coast of the Mediterranean Island caused the 56-metre-long superyacht to capsize while it carried 22 individuals.

A total of 15 people have been rescued, including the yacht’s owner and billionaire’s wife Angela Bacares , and a one-year-old girl.

One person has been confirmed as dead, and eight have been sent to hospital.

billionaire yacht port adelaide

Meanwhile, the search for the six missing individuals — including Lynch and his eighteen-year-old daughter Hannah — is ongoing, with the hope of a recovery decreasing every second.

Here’s what we know so far.

Everything we know about the Bayesian capsize so far

Mike Lynch’s superyacht, called the Bayesian, was last seen off the coast of Sicily, anchored near the port city of Porticello.

When a powerful storm began on Monday morning (local time) the $27 million yacht was caught in the middle of the weather event, with eyewitnesses reporting that the Bayesian vanished beneath the waves at around 5am.

The 22 inhabitants of the yacht, which included 12 passengers and 10 crew members, were on board for a vacation organised by Lynch before the storm hit with unexpected severity.

billionaire yacht port adelaide

Reports say that a waterspout with winds as strong as 150mph (240km/ph) struck the ship, causing its 75-metre tall mast to break and leave the vessel unbalanced.

“The wind was very strong. Bad weather was expected, but not of this magnitude,” said a Sicilian coastguard, per Reuters .

A nearby boat managed to arrive at the scene and rescue 15 individuals who were on a life raft.

“We saw a red flare, so my first mate and I went to the position, and we found this life raft drifting,” said Karsten Borner , the rescue boat’s captain.

However, six people are still unaccounted for, and one has been confirmed dead. Italian media have said the identity of the deceased was the ship’s chef, Recaldo Thomas .

billionaire yacht port adelaide

Two of the 15 survivors are a mother and her one-year-old daughter, with the mother reporting she swam in the sea to rescue her baby.

“For two seconds I lost the baby in the sea, then I immediately hugged her again amid the fury of the waves,” she told the local press.

“I held her tightly, close to me, while the sea was stormy. Many were screaming.”

The mother reported she was on the ship’s deck at the time it lost balance, as she had been woken by the “thunder, lightning, and waves that made our boat dance”.

Six people missing

The six missing individuals after the Bayesian capsized :

  • Mike Lynch — British-Irish tech entrepreneur and billionaire.
  • Hannah Lynch — daughter of the billionaire.
  • Jonathan Bloomer — chairman Morgan Stanley International.
  • Judy Bloomer — wife of Jonathan Bloomer.
  • Chris Morvillo — Lynch’s lawyer.
  • Neda Morvillo — wife of Chris Morvilla.

As firefighter divers swim to depths of 50m to reach the hull of the ship, the outlook for survival looks grim.

Italian outlets have reported that divers said they saw “corpses through the portholes” while searching, with fears that the six people were trapped inside the yacht’s cabins as it sank.

Who is Mike Lynch?

Mike Lynch has been described as “Britain’s Bill Gates ” due to making his billion-dollar fortune through his founding of the software company Autonomy — a search engine that allows companies to find data in business documents and emails.

billionaire yacht port adelaide

The 59-year-old has spent the last decade in court, however, fighting allegations of fraud related to the $11 billion USD sale of Autonomy to a US buyer. Lynch was accused of inflating the price of his software company before making the sale.

The civil case concluded in June this year in San Francisco, and Lynch was cleared of the criminal fraud charges. He has always maintained his innocence.

“It’s bizarre, but now you have a second life. The question is, what do you want to do with it?” Lynch told The Times after his acquittal.

It is believed that he was on the superyacht with lawyers and family members to celebrate the conclusion of the trial.

The name of the yacht, Bayesian, has been noted to have a particular connection to Mike Lynch, due to the Bayesian Theory being the focus of his mathematical PhD.

[Image: Nine/Getty]

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Divers are running out of time to find a missing British tech tycoon and five others alive after a superyacht sank off the coast of Sicily during a storm on Monday.

Billionaire Mike Lynch , 59, his daughter, Hannah, 18, and Morgan Stanley International chairman Jonathan Bloomer, 70, are among the six people still missing. One body was found early on during the search – believed to be chef Recaldo Thomas – and 15 people were rescued.

They had been celebrating Mr Lynch’s acquittal in a fraud trial in June over the sale of his tech firm Autonomy to Hewlett-Packard for $US11 billion ($16 billion) back in 2011.

Moment Mike Lynch's luxury yacht sinks caught on CCTV

Hopes are dwindling to find the missing six people alive, but experts say it is possible they could be trapped in air pockets that are yet to be reached by the divers.

If that is the case, an engineer who led the salvage operation when Italian cruise ship Costa Concordia capsized in 2012, said there was a maximum of three days to get them out.

Specialist divers search for six people after a superyacht capsized off the Italian island of Sicily. They have just 10 minutes to search the wreck at a time. Picture: Vigili del Fuoco / AFP

“They’ve got a very small window of time to try to find people stuck inside with hopefully an air pocket, and they could be rescued,” Mr Sloane told Sky News.

“You’ve got a maximum of two to three days to try to get someone out, so the next 24 hours are critical.

“If the yacht is on its side, it might have more air pockets than if it’s upright. She’s got quite a large keel, and that will deflect and put her on her side, I’m sure.”

The 56-metre yacht, named Bayesian , capsized at about 4am local time on Monday (12pm AEST). Two days will have past at about noon on Wednesday Australian time, and three days will be at up the same time on Thursday.

The guests had been celebrating British tech tycoon Mike Lynch’s recent acquittal in a fraud trial. He and his daughter are among the missing. Picture: Ben Gurr / POOL / AFP

Dr Jean-Baptiste Souppez, fellow of the Royal Institution of Naval Architects, agreed on Tuesday the next 24 hours were crucial to find survivors trapped inside.

He said it was “impossible to predict accurately” but there was hope for air pockets inside the vessel because it sank quickly within just a few minutes and it remains in tact and on its side.

“There are records of survivors found in such air pockets: Harrison Okene’s rescue after three days trapped in an air pocket is well-documented thanks to the diver’s video of the rescue,” he said in comments released by the UK’s Science Media Centre.

“Yacht races such as the Vendée Globe have seen competitor Jean Le Cam trapped inside his overturned yacht for 16 hours before another competitor could come to the rescue.”

Dr Souppez said just like in the Titan submersible disaster last year, rescuers may be “looking for is a banging noise at regular intervals” to find survivors.

The OceanGate submersible went missing in June last year while attempting to view the Titanic wreck, prompting a huge multinational search that gained intense worldwide interest.

It was missing for days before debris was found and it was determined the sub had imploded, killing all five people on board – including British billionaire explorer Hamish Harding, OceanGate CEO Stockton Rush, Titanic expert Paul Henri ‘PH’ Nargeolet , British Pakistani businessman Shahzada Dawood, and his son Suleman Dawood.

It is hoped some of the missing are still alive trapped in air pockets and will be found in time by rescuers. Picture: Alberto Pizzoli / AFP

Why is the search is so difficult?

Specialist cave divers and their equipment were flown to Sicily from the mainland to access the confined spaces of the sunken vessel.

They are restricted to 12 minutes for each dive because of the water pressure, according to fire service spokesman Luca Cari.

It takes one minute to get down and another minute to get back, meaning they have just 10 minutes at a time to search the yacht, which is lying largely intact on the seabed some 50 metres down.

While Italy’s coastguard said the search continued without a break, Captain Vincenzo Zagarola said it was “difficult to imagine” it would end well.

The divers are trying to access the cabins where it is feared some people became trapped.

It is understood furniture has blocked their way making this even more difficult.

“The spaces inside the boat are very tight and if you encounter an obstacle it is very complicated to move forward, just as it is very difficult to find alternative routes,” said Mr Cari said.

Specialist cave divers and their equipment were flown to Sicily from the mainland. Picture: Vigili del Fuoco / AFP

Reportedly owned by Mr Lynch’s family, Bayesian was built by Italian shipbuilding firm Perini Navi in 2008.

Its 75-metre mast was the world’s tallest aluminium sailing mast, according to the Charter World website.

A photograph posted on social media by the Baia Santa Nicolicchia bar in Porticello showed the yacht lit up, its towering mast shining in the darkness, just a few hours before the storm hit.

Matthew Schanck, from the Maritime Search and Rescue Council, told news agency AFP it was an “extraordinary event”.

“This is a large, luxurious superyacht that has founded quite quickly in a touristy, well-known sailing area off Sicily. It’s pretty unprecedented,” he said.

A fellow sailor photographed the Bayesian only hours before it capsized. Picture: X

What caused the yacht to sink?

Bayesian is said to have disappeared into the sea within minutes of being hit by a tornado-like storm off the Sicilian town of Porticello.

The British-flagged vessel was anchored some 700 metres from port when the waterspout struck, according to witnesses.

Karsten Borner, skipper of a yacht anchored nearby, described a “very strong hurricane gust” that hit. He was battling to keep his vessel steady when suddenly “we noticed that the ship behind us was gone”.

“First came the wind, then the water – it was definitely a tornado,” said local fisherman Giovanni Lococco, describing the waterspout.

Restaurant battered by Sicily storm that sank luxury superyacht

The ship’s captain James Calfield, 51, spoke from hospital and said had no idea the tornado was coming towards the ship.

“We didn’t see it coming,” he told Italian newspaper La Repubblica

The president of the Italian Meteorological Society, Luca Mercalli, said the yacht’s crew should have woken the guests and given them life jackets given the weather warnings overnight, The Telegraph reported.

An expert at the scene, who was not named, told news agency Reuters officials were investigating whether the yacht’s crew had closed the hatches before the storm struck, and would look at whether other appropriate measures had been taken.

Sam Jefferson, editor of magazine Sailing Today , also said that open hatches could have caused the yacht to sink.

“I imagine all the doors were open because it was hot, so there were enough hatches and doors open that it filled with water very quickly and sank like that,” he said.

“The reason it got pinned over so hard was because the mast is huge.”

An aerial view of the rescue area off Porticello near Palermo. Picture: Handout / Guardia Costiera / AFP

What is a waterspout?

“A waterspout is a narrow column of rotating air below a thunderstorm that occurs over water” and is “part of the same weather ‘family’ as tornadoes”, explained Dr Peter Inness, a meteorologist at the University of Reading in Britain, in comments released by the UK’s Science Media Centre.

More Coverage

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Like tornadoes, they suck up air in a rotating motion, usually causing less damage than tornadoes over land, however.

While many waterspouts are “fairly inconsequential”, lasting just a few seconds, some can pack winds of more than 100 kilometres per hour, said Dr Inness.

– with AFP

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Macabre Twist in Shock Sinking of Missing Tech Billionaire’s Yacht

Mike Lynch is feared dead after his yacht sunk off the Italian coast—just days after his former VP was fatally struck by a car.

Josh Fiallo

Josh Fiallo

Breaking News Reporter

Stephen Chamberlain, left, and Mike Lynch

Photo Illustration by The Daily Beast/X/Reuters

Mysterious circumstances that preceded the sinking of billionaire Mike Lynch ’s yacht on Monday morning have left the internet abuzz with conspiracies.

That’s because Lynch’s ex-colleague and c0-defendant in a recently-closed U.S. fraud trial was fatally struck by a car on Saturday—two days before authorities say a tornado abruptly sunk Lynch’s yacht off the coast of Sicily. Both men were acquitted following the trial.

Stephen Chamberlain, the financial vice president of Autonomy during Lynch’s reign as CEO, was critically injured by a car that crashed into him as he was out for a jog on Saturday. He was placed on life support but succumbed to his injuries on Monday, his attorney Gary Lincenberg confirmed.

Police in Cambridgeshire said a blue Vauxhall Corsa struck a man in his 50s, now known to be Chamberlain, ultimately killing him. Officers said the unnamed woman who struck him, aged 49, remained at the crash site.

“He was a courageous man with unparalleled integrity,” said Lincenberg of Chamberlain. “We deeply miss him. Steve fought successfully to clear his good name at trial earlier this year, and his good name now lives on through his wonderful family.”

Chamberlain stood trial alongside Lynch, 59, as they were charged with fraud in connection with the $11 billion sale of Autonomy to Hewlett-Packard in 2011—a case that ended with a San Francisco jury acquitting the men in June.

They faced more than 20 years in federal lock up had they been convicted.

Aboard Lynch’s ill-fated trip in his 184-foot sailing vessel Bayesian were the attorneys who’d led his defense against U.S. prosecutors. He’s now feared to be dead, along with five others who remained missing on Monday night.

Divers jump into the ocean near the crash site of the Bayesian.

Divers were dispatched to the sinking site of the Bayesian. Six people, including two Americans, remained unaccounted for by Monday night.

Reuters via handout

That tally includes Lynch’s 18-year-old daughter, Hannah, as well as one of his attorneys. Two Americans are also reportedly among the missing and another British national. Italian authorities said they’re still searching for those unaccounted for and that dive teams have been dispatched. The body of a Canadian chef has already been recovered from the vessel.

A lawyer aboard the Bayesian’s ill fated trip was the 36-year-old Ayla Ronald, the The Telegraph reported. Her father, Lin Ronald, said the trip was to celebrate Lynch’s acquittal.

Among the survivors of Monday’s tragedy was Lynch’s wife, Angela Bacares. She told La Repubblica that she sustained abrasions to her feet during the chaos and is now unable to walk.

Witnesses of the Mediterranean storm told Italian news agency ANSA that the ship was anchored in front of the port of Porticello when a tornadic waterspout formed and struck the Bayesian. The vessel sank shortly after.

“I was at home when the tornado hit,” Pietro Asciutto, a local fisherman, told ANSA. “I immediately closed all the windows. Then I saw the boat, it had only one mast, it was very large. I saw it sink suddenly.”

Bayesian sits off the Italian coast.

The Bayesian, a 56-meter-long sailboat, was photographed (left) off the coast of Palermo just hours before sinking.

Baia Santa Nicolicchia/Fabio La Bianca

Fabio Cefalù, a trawler captain who was nearby, told the BBC that he went to where the Bayesian sunk not long after the waterspout passed. Within 10 minutes, all that remained of the vessel was a series of floating items from its deck. He said he saw no survivors in the water.

Loved ones of Lynch largely haven’t spoken out since his disappearance, possibly in hopes that he may miraculously reappear. Some reports have described the tech billionaire, who didn’t maintain a public social media presence, as admiring James Bond, building model railways, and breeding koi carp. He had a second daughter, aged 21, and six dogs, reported The Daily Mail .

“At the companies he ran, Lynch is said to have put his own personal stamp, indulging his penchant for James Bond,” reported The Guardian on Monday. “Conference rooms were reportedly named after Bond enemies, such as Dr No and Goldfinger, and Autonomy even had a piranha tank in the atrium, in a nod to the 007 caper You Only Live Twice.”

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John Phillips / Getty Images for TechCrunch

Tech Billionaire Goes Missing After Superyacht Sinks

"they were in the wrong place at the wrong time.", fatal premonition.

A British tech tycoon and his 18-year-old daughter have gone missing after the superyacht they were vacationing upon sank off the coast of Sicily.

As the BBC reports , Autonomy and Invoke Capital founder Mike Lynch and his daughter are two of the six people missing after the Bayesian, the 183-foot-long luxury yacht  on which they were sailing, sunk early in the morning on Monday after being struck by a tornado east of the port town of Palermo.

Considered " Britain's Bill Gates ," the 59-year-old tech tycoon became a billionaire after selling his enterprise software firm Autonomy to Hewlett Packard in 2011. As The Guardian  notes , Lynch was under federal fraud investigation in the United States for that sale until June of this year, when he was acquitted on all counts.

Prior to his disappearance, Lynch said that he believed that if he went to prison over the fraud charges, he would likely have died there due to a lung condition he suffers from.

"I have various medical things that would have made it very difficult to survive," he told the Guardian last month . "If this had gone the wrong way, it would have been the end of life as I have known it in any sense."

Death Spout

Witnesses to the tragedy told the Italian news agency Ansa , per the BBC , that the force of the waterspout — a tornado that occurs over water, basically — caused the ship's aluminum mast to snap in half, causing the craft to become unstable and eventually sink.

Of the 22 people on board the Bayesian, 15 people — including an infant girl and Lynch's wife Angela Bacares — have been rescued. One person, whose identity has not been revealed, has been found dead, and three other people whose names have not been revealed are also missing.

As  CNN notes in its reporting on the luxury vacation gone horribly wrong, Bacares, the one-year-old girl, and six other people were hospitalized. The person who died was apparently found on the ship's hull, per an Italian Coast Guard statement provided to CNN.

Salvo Cocina, who leads Italy's civil protection agency, noted in a media conference quoted by ABC that another superyacht in the vicinity suffered far less damage than the Bayesian.

"They were in the wrong place at the wrong time," Cocina said.

He also noted, per  ABC , that the other nearby yacht, the Sir Robert Baden Powell, helped rescue Lynch's wife and the 14 others who were saved from the disaster.

More on maritime terror: Man Rowing Across Ocean Suddenly Realizes He's Surrounded by Over 1,000 Whales

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Luxury yacht sinks: Last body, believed to be tech mogul's 18-year-old daughter, is found

The body is likely that of hannah lynch, the 18-year-old daughter of british tech magnate mike lynch.

Yacht expert breaks down luxury superyacht tragedy after boat capsizes in freak storm: 'There are always limits'

Yacht expert breaks down luxury superyacht tragedy after boat capsizes in freak storm: 'There are always limits'

The Bayesian was notable for its single 246-foot mast which was lit up at night just hours before it sank. (Credit: Youtube/eSysman SuperYachts)

Search and rescue teams recovered the final missing person from a luxury superyacht that sunk off the coast of Sicily, the Italian coast guard has said. 

The woman's body was discovered in the wreckage and brought ashore on Friday. She has not been identified. 

However, Hannah Lynch, the 18-year-old daughter of British tech magnate Mike Lynch, was previously reportedly unaccounted for, and the body is likely hers. 

MOMENT LUXURY YACHT SINKS OFF COAST OF ITALY CAUGHT ON CAMERA, WITH 6 PRESUMED DEAD

Italy Divers Recover Body Yacht Sinks

Rescue personnel transport what is believed to be the body of Hannah Lynch, daughter of British tech entrepreneur Mike Lynch, at the scene where a luxury yacht sank, off the coast of Porticello, near the Sicilian city of Palermo, Italy, on Aug. 23, 2024. (REUTERS/Louiza Vradi)

The Lynch family was aboard the Bayesian, a 184-foot British-flagged yacht that sank after capsizing while anchored off the coast of northern Sicily on Monday.

Bayesian had 22 people on board — 12 passengers and 10 crew — when it capsized and sank within minutes of being hit by a predawn storm. 

Seven people died in the incident. 

ITALIAN DIVERS FIND 5 MORE BODIES, 1 STILL MISSING AFTER SUPERYACHT DISASTER SURVIVOR'S OMINOUS TEXT MESSAGE

Mike Lynch’s body was recovered Thursday, and he was apparently aboard the vessel to celebrate his recent acquittal in a U.S. fraud case with associates who helped him through the trial. His wife, Angela Bacares, was among the 15 survivors.

Christopher Morvillo, an American lawyer with Clifford Chance who defended Lynch in the fraud case, also died, as did Morgan Stanley International Chairman Jonathan Bloomer, who testified in Lynch’s defense.

Morvillo’s wife, Neda, and Bloomer’s wife, Judy, were also among the dead. The body of onboard chef Recaldo Thomas, an Antiguan citizen, was recovered Monday.

A nearby sailboat rescued 15 people, including a 1-year-old girl. 

Mike Lynch

Billionaire British tech titan Mike Lynch's body was among those recovered from the luxury superyacht. (Chris Ratcliffe/Bloomberg via Getty Images)

Divers have been searching for the missing in the hull of the Bayesian, which now rests on the seabed 164 feet underwater.

Civil protection officials said they believe the ship was struck by a tornado over the water, known as a waterspout, sometime around 5 a.m. Monday near the port of Porticello, where it was anchored and then sank quickly. 

Investigators are seeking to learn why the superyacht sank so quickly.

The CEO of a manufacturing company responsible for building the yacht that sank off the coast of Sicily this week blamed a series of "indescribable, unreasonable errors" by the crew for the vessel’s demise.

Reuters reported that Giovanni Costantino, CEO of The Italian Sea Group, which includes Perini Navi, the Italian high-end yacht maker that built the British-flagged Bayesian in 2008, directed blame at the crew.

"The boat suffered a series of indescribable, unreasonable errors. The impossible happened on that boat ... but it went down because it took on water. From where, the investigators will tell," Costantino said in an interview.

scuba divers on the scene jumping into water

Scuba divers on the scene of the search on Tuesday. (Italian Firefighters via AP, HO)

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Costantino ruled out design or construction flaws as reasons the ship sank, saying it was unlikely after 16 years of trouble-free navigation, including in more severe weather than Bayesian encountered this week.

Instead, he blamed the yacht’s crew for the "incredible mistake" of not being prepared for the storm, which was included in shipping forecasts. The passengers should have been called out of their cabins and assembled at a safety point as the ship was preparing for the storm by pulling up the anchor, the CEO said.

Additionally, doors and hatches should have been closed, and the keel should have been lowered to increase stability, among other safety measures, Costantino declared.

Fox News' Stephen Sorace and Greg Wehner, as well as The Associated Press, contributed to this report.

Michael Dorgan is a writer for Fox News Digital and Fox Business.

You can send tips to [email protected] and follow him on Twitter @M_Dorgan.

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Mike Lynch yacht latest: Divers smash through window into hull with crucial hours ahead in Bayesian search

LIVE – Updated at 07:57

Rescue teams have managed to smash through a glass window and enter the hull of the Bayesian as crucial hours are ahead in the search for survivors inside the superyacht.

The firefighter divers were able to reach the common areas of the vessel through the gap, Giornale Di Sicilia reported on Tuesday – however, they are yet to make it to the cabins, which is still set to take a while as entrances may be blocked.

It comes as an engineer warned the next 24 hours are “critical” in the search for the six people who went missing after the boat sank in a severe storm in the early hours of Monday . One man has so far been confirmed dead, Recaldo Thomas, while a further 15 people survived the incident.

Nick Sloane, who worked on the Costa Concordia salvage operation in 2012, told Sky News : “They’ve got a very small window of time to try to find people stuck inside with hopefully an air pocket, and they could be rescued. You’ve got a maximum of two to three days to try to get someone out.”

The missing tourists are billionaire Mike Lynch, who owns the yacht; his daughter, Hannah Lynch; Morgan Stanley International bank chairman Jonathan Bloomer; his wife, Judy Bloomer; Clifford Chance lawyer Chris Morvillo; and his wife, Neda Morvillo.

Mr Lynch had reportedly invited his lawyers and friends to celebrate a recent legal victory that cleared him of fraud accusations in the US.

Have you been affected by this story? Email [email protected]

  • Rescue teams enter Bayesian’s hull by smashing through glass window, local media report
  • Pictured: Chef Ricardo Thomas with ‘smile that lit up the room’ who died in yacht tragedy
  • Two more survivors named and pictured
  • Mother of survivor says she is ‘beyond relieved’ her daughter is safe
  • Another name of surviving crew member confirmed by Italian coastguard
  • Captain speaks for first time from hospital bed with just five words

Seven key unanswered questions around the sinking of the Bayesian

With the Bayesian lying on her side 50 metres underneath the now gentle waters of the Mediterranean, mystery still surrounds how the 56-metre superyacht, sank in the typhoon off the port of Porticello.

Remotely controlled underwater vehicles and cave divers are looking to raise the yacht, which experts will examine in the coming days.

It will take weeks for Ambrogio Cartosio, the chief prosecutor of Termini Imerese, and his team to establish whether the sinking of the Bayesian was down to human error, an unpredictable weather event or whether anyone is liable.

They have said they will interview the survivors in the coming days – some of whom were pictured leaving the Domina Zagarella hotel in Santa Flavia, which has become the headquarters for survivors, police and rescuers.

My colleague Barney Davis takes a look at some of the key unanswered questions in this report:

The key unanswered questions around the tragic sinking of the Bayesian

Search to resume for remaining person missing after luxury yacht disaster

The search will resume for the remaining person missing after a luxury yacht sank in a storm off the coast of Sicily following the discovery of five bodies inside the wreck, reports Ellie Ng .

Salvatore Cocina, the head of Sicily’s civil protection agency, confirmed that of the five bodies found on Wednesday, only four had been recovered, and the whereabouts of the missing sixth person remain unknown.

Identities of the recovered bodies have not been confirmed by authorities, despite local and international media reporting some had been identified. Body bags were seen being taken to the port of Porticello on Wednesday afternoon, with the process of bringing the fifth body to shore being described by Mr Cocina as “ongoing”.

He said searches will resume on Thursday morning, and that there will be an investigation in due course, but the priority is finding the missing.

Mike Lynch yacht sinking latest: Fifth body found inside Bayesian sunken off Sicily

British tourist held baby above waves after yacht sank, Italian doctor says

An Italian doctor at the hospital where British tourist Charlotte Emsley and her one-year-old daughter were taken said the mother held her baby above the waves after the yacht sank.

Dr Domenico Cipolla, of Di Cristina Children’s Hospital in Palermo, told the PA news agency: “The child and the mother went to the hotel near Porticello on Tuesday, they are both in a good condition.

“Obviously the mother and the husband were so shaken by what has happened, it was a tragedy for them.

“She told me that two minutes after falling asleep with her baby they were in the water, she did not understand how this happened, it went dark. Her partner was not with her, he was in another room.

“She held the child high in her arms above the waves, for a few seconds the baby was in the water but she saved her.”

Mapped: Where Bayesian sank off coast of Sicily as search enters fourth day

Why did the superyacht bayesian sink.

Hatches and doors left open overnight on the superyacht Bayesian may have caused it to sink in Italy, a sailing expert has said.

Sam Jefferson, editor of magazine Sailing Today, believes the vessel’s huge mast is also likely to have contributed to the deadly event.

It is believed the ship was struck by a tornado over the water, known as a waterspout.

Weather records show temperatures reached around 33C the day before the sinking, which may have led to the vessel’s occupants wanting air to flow through while they slept.

Mr Jefferson told the PA news agency: “I would have said that the boat got hit very hard by the wind, it was pinned over on its side.

“I imagine all the doors were open because it was hot, so there were enough hatches and doors open that it filled with water very quickly and sank like that.

“The reason it got pinned over so hard was because the mast is huge. It acted almost like a sail. (It) pushed the boat hard over on its side. (The boat) filled with water before it could right.

“This is all speculation, but that’s the only logical explanation.”

Mr Jefferson added that such incidents are “incredibly rare”, describing the chances of a yacht being hit by a waterspout as “minuscule”.

The yacht’s aluminium mast measures 72 metres, making it one of the largest in the world among sailing yachts.

Karsten Borner, the captain of another yacht which was near Bayesian, told news agency Reuters he witnessed the ship go “flat on the water, and then down”.

Salvo Cocina, of Sicily’s civil protection agency, said: “They were in the wrong place at the wrong time.”

Watch: Moment Bayesian yacht engulfed by storm

Bayesian was victim of ‘high impact’ weather-related incident, says expert.

The Bayesian was the victim of a “high impact” weather-related incident, Matthew Schanck, chair of the Maritime Search and Rescue Council, a UK-based non-profit organisation that trains sea rescuers, has said.

"If it was a water spout, which it appears to be, it's what I would class as like a black swan event," he told Reuters, meaning a rare and unpredictable phenomenon.

Survivors recuperate at hotel complex in Porticello

Survivors have been recuperating at a hotel complex in Porticello.

Authorities have been gathering witness statements from them there.

The curious life of Mike Lynch – who believed dogs could read our minds

Just under 10 weeks ago, 59-year-old Mike Lynch was on trial in San Francisco on 17 charges of fraud . He was almost guaranteed to receive a 25-year sentence.

He was terrified that he would die in a US prison, not because he was guilty – he had spent £30m on legal fees arguing his innocence – but because it’s almost unheard of in the US to win a case against the US Justice Department. His chances of winning were put at 0.5 per cent. However, after 13 years of putting together detailed evidence to support his plea, he was acquitted and it felt like a miracle.

Once back in the UK, Lynch set about celebrating what he called his second life. Through tears, he told one interviewer how even the traffic in London seemed magical. “I’m just thinking this is the most beautiful thing I have ever seen,” he said.

Jonathan Margolis writes:

Mike Lynch: The missing tech tycoon who believed dogs could read our minds

Full story: Five bodies found inside wreck of sunken superyacht Bayesian off coast of Sicily

Five bodies have been discovered inside the wreck of the luxury superyacht Bayesian after it sank in a severe storm off the coast of Sicily.

Only four of the five bodies found on Wednesday have so far been recovered, the head of Sicily’s civil protection agency Salvatore Cocina said on Wednesday evening, while the whereabouts of the sixth missing person remain unknown.

British technology tycoon Mike Lynch and his 18-year-old daughter Hannah were among the six people unaccounted for after his vessel sank at around 5am on Monday near the Sicilian capital of Palermo, having been caught in a violent tornado , known as a waterspout.

Read the full story here:

Five bodies found inside wreck of sunken superyacht Bayesian off coast of Sicily

In pictures: Four bodies recovered from Bayesian superyacht are brought ashore

Bayesian’s captain described as ‘very good sailor and well respected'.

The Bayesian's captain, James Cutfield, is a “very good sailor” and “very well respected” in the Mediterranean, his brother Mark has told The New Zealand Herald.

The 51-year-old New Zealander survived the shipwreck.

Captain of yacht who helped rescue 15 survivors of Bayesian disaster tells of ordeal

The captain of a yacht who helped to rescue 15 people from the stricken Bayesian superyacht has described how his crew spotted the distress flare set off from a life raft.

Karsten Borner said his vessel, the Sir Robert BP, was about 150 to 200 metres from the Bayesian when the "extreme" weather hit.

He said his boat was using its engine to stay in position and the crew noticed the Bayesian had disappeared before a passenger on his yacht spotted the flare.

Mr Borner said they dispatched their tender which found the life raft and brought the occupants back to his yacht.

He told Sky News : "We couldn't see them anymore and they disappeared from the radar, we were busy keeping our own ship sailing. We couldn't see the ship again so we were aware something was very wrong."

He said it was only when the tender set out that they found the life raft.

He said: "It turned out to be the life raft, a 12-person life raft with 15 people inside including one baby. They stepped over to our tender and we brought them back to our ship. There we took good care of them, gave them dry clothes, towels, blankets, tea and coffee and so on and took care of them."

Mr Borner said he helped the coastguard launch its search and rescue mission for the other occupants of the Bayesian.

He added that the captain of the Bayesian told him the yacht had sunk in two minutes but he had since seen a video which showed it go down in 60 seconds.

He said: "The engineer and captain had no explanation why she sank so quickly. My personal opinion is it shouldn't tip like this, it goes against any logic."

He also questioned the safety of the Bayesian's 75-metre mast and added: "I think it's not safe to build the masts."

Describing the strength of the storm and sea spouts that hit his yacht and the Bayesian, he said: "They were very close and we were hit very hard, very strong and they had the same. It was extreme, it was extremely strong."

Who are the people missing?

Five bodies have been found in the search for six people missing after the sinking of a luxury yacht off the coast of Sicily.

The island’s civil protection agency confirmed on Wednesday that four out of the five bodies have been recovered and a sixth person remains unaccounted for.

It comes after the body of a chef on the superyacht, Recaldo Thomas, was recovered on Monday.

Here is detailed what we know of those who were on board:

Bayesian yacht sinking: Who are the people missing?

Identities of recovered bodies not yet confirmed by authorities

Identities of the recovered bodies have not been confirmed by authorities, despite local and international media reporting some had been identified.

Technology tycoon Mike Lynch and his 18-year-old daughter Hannah were among the people unaccounted for after the yacht, named Bayesian, sank at around 5am on Monday.

Dozens of emergency services personnel lined port when bodies taken to shore

Dozens of personnel from the Italian Coastguard and local fire service lined the port when the bodies were being taken to shore.

Ambulances were seen taking them away, escorted by police cars.

Hundreds of locals gathered to watch, as church bells were heard ringing out.

Searches finish for day, with one person still missing, confirms civil protection agency

The head of Sicily's civil protection agency Salvatore Cocina has told the PA news agency that searches have finished for the day and will resume on Thursday.

He confirmed that five bodies have been found, but only four recovered.

One person remains missing, Mr Cocina said.

In pictures: Body bag brought ashore by divers after Bayesian tragedy

Remotely controlled underwater vehicles and cave divers are looking to raise the yacht , which experts will examine in the coming days. For now, the focus is on finding the people missing since the yacht went down in the early hours of Monday 19 August.

My colleague Barney Davis reports:

Five bodies now found on sunken luxury yacht off coast of Sicily

Five bodies have been now found inside the wreck of the luxury yacht that sank in a storm off the coast of Sicily.

Three body bags were seen being taken to the port of Porticello on Wednesday afternoon following the sinking of the yacht at around 5am on Monday.

The head of Sicily's civil protection agency Salvatore Cocina said that four bodies had been recovered and efforts to bring a fifth to shore were "ongoing".

He said there will be an investigation in due course, but the priority was to find those who are still missing.

As the three body bags were taken back to the port of Porticello, dozens of emergency services staff were waiting, and one was seen being put in the back of an ambulance.

Coastguard questions survivors including Bayesian captain

The coastguard has been questioning survivors, including the captain of the Bayesian, and passengers on the yacht that was moored next to it who witnessed the ship going down, judicial sources said.

No one is under investigation at the moment, sources added.

Besides the diving team, the coastguard has deployed a remotely operated vehicle to scan the seabed and take underwater pictures and videos that it said may provide “useful and timely elements” for prosecutors looking into the disaster.

Experts have been at a loss to explain how a large luxury vessel, presumed to have top-class fittings and safety features, could have sunk within minutes, as recounted by witnesses. The yacht anchored next to it was unharmed by the storm.

Three body bags seen being taken to Porticello port

Three body bags were seen being taken to the port of Porticello on Wednesday afternoon following the sinking of the yacht.

The three bodies brought ashore were taken to nearby hospitals for formal identification, while the fourth corpse was being taken to land as evening set in.

The identities of the victims were not immediately given by the authorities.

The head of Sicily's civil protection agency Salvatore Cocina confirmed two bodies had initially been found on the Bayesian, followed by two more later in the afternoon.

Watch live: Search resumes after four bodies found inside Mike Lynch’s sunken yacht

Watch a live view of a port in Palermo , Italy , on Wednesday (21 August) as a search operation resumes after the Bayesian superyacht sank off the coast of the Sicilian city:

Live: Search resumes after four bodies found inside Mike Lynch’s sunken yacht

Tributes paid to ‘incredibly talented’ chef who died on sunken superyacht in Sicily

Tributes have been paid to a chef whose body was recovered after a luxury yacht sank off the coast of Sicily , as rescuers fear six people are still trapped inside the wreck.

Canadian-Antiguan national Recaldo Thomas, who was working on the Bayesian superyacht, was found by the Italian coastguard near the sunken boat.

A friend of Mr Thomas, who asked to remain anonymous, said the yachting community has been saddened by his death.

Read the full article here:

Tributes paid to ‘incredibly talented’ chef who died on sunken superyacht

Ambulance leaves the harbour as search continues

An ambulance ahs been pictured leaving the harbour after a body bag was brought ashore at Porticello by rescue workers.

Identities of bodies remain unknown

The identities of the four bodies that have been found inside the Bayesian yacht have not yet been identified, with two brought in body bags to shore.

One of the bodies belonged to a heavily built man, a source close to rescue operations said, while the second was that of a woman, Italian news agency Adnkronos said.

Two more bodies found inside yacht

Two further bodies have been found in a luxury yacht that sank off the coast of Sicily, a source close to the matter said on Wednesday.

The boat, owned by the wife of British tech entrepreneur Mike Lynch, was carrying 22 passengers and crew and was anchored off the port of Porticello, near Palermo, when it capsized during a fierce, pre-dawn storm on Monday.

Two corpses were brought ashore from the wreck earlier on Wednesday.

Yacht's captain questioned for more than two hours

The yacht’s captain was reportedly questioned for more than two hours by investigators who are looking into the shipwreck.

James Cutfield, 51, who is from New Zealand, was questioned on Tuesday evening to help provide technical details and for prosecutors to have a clearer understanding of the boat’s final moments.

His brother Mark earlier told the New Zealand Herald he was a “very good sailor” and “very well respected” in the Mediterranean.

Body bag brought ashore as search efforts continue

A body bag has been brought ashore after emergency services confirmed that two bodies had been discovered in the wreck of the superyacht Bayesian.

Who are the divers searching for?

Specialist divers have been searching for six people who went missing when the Bayesian yacht sunk in the Mediterranean Sea.

They include British technology entrepreneur Mike Lynch, who owned the boat, and his 18-year-old daughter Hannah, as well as Jonathan Bloomer, the chairman of Morgan Stanley Bank International and his wife Judye Bloomer and Clifford Chance partner Chris Morvillo and his wife Neda Morvillo.

Body appears to have been pulled from the water

A body appeared to be pulled from the water near the site of the sunken Bayesian yacht on Wednesday afternoon.

A green body bag was taken back to the port of Porticello where dozens of emergency services staff were waiting.

Latest pictures: Several boats travel to scene as bodies found

Bodies reportedly found behind mattresses.

According to reports in Italian media, the two bodies were found inside the boat behind two mattresses.

They are the second and third victims to be found, after chef Recaldo Thomas was recovered from the water on Monday.

Several boats leave Porticello to go to sinking site

Several boats have left the port of Porticello to go to the site of the sinking.

They left the port at the same time shortly before 3.30pm on Wednesday.

Source says one of the two bodies is that of a ‘heavily built man’

Rescue teams have not confirmed the identities of the drowned people, who were recovered after a three-day search operation involving specialist divers.

A source has said that one of the bodies was that of a “heavily built man”.

Six passengers had been missing after the boat capsized, including British billionaire Mike Lynch and his 18-year-old daughter Hannah, Morgan Stanley chairman Jonathan Bloomer ; his wife, Judy Bloomer; Clifford Chance lawyer Chris Morvillo; and his wife, Neda Morvillo.

Survivors reportedly turn down counselling

Survivors of the Bayesian reportedly have turned down psychological support.

Salvo Cocina, president of the Civil Protection Agency in Sicily, told MailOnline: “We wanted to make sure that everyone was offered every kind of help they might need, but no-one from the passengers or the crew accepted counselling.”

He added that they still hoped the six people are alive, saying:“The operation is not complete – we don’t differentiate between rescue and recovery in these circumstances, because the people are still in the boat.

“The divers have not yet reached the cabins, so we have not yet given up hope that there may be air pockets in their keeping them alive.”

Breaking: Two bodies found inside Bayesian yacht

Divers scouring the wreck of the luxury yacht that sank off the coast of Sicily have found the bodies of two of the six passengers who were missing, a source close to the matter said.

Divers with head torches seen entering the water

Divers from the local fire service were seen entering the water with torches attached to their headgear at the site of the shipwreck on Wednesday afternoon.

A police boat and divers were also seen entering the water.

The boats spent a short time at the scene before heading back to the nearby port.

A helicopter hovered overhead.

CCTV footage shows the moment missing tycoon Mike Lynch’s Bayesian yacht is engulfed by storm

CCTV footage has shown the moment a storm off the coast of Sicily engulfed the Bayesian luxury yacht carrying 22 people.

The superyacht was moored around half-a-mile off the coast of Porticello when it sank at around 5am local time on Monday as the area was hit by a storm.

The tall mast of the craft can be seen in the black-and-white footage, as rain appears to be lashing down in the foreground.

CCTV footage shows the moment Bayesian yacht is engulfed by storm

Who was on board the Bayesian yacht and who is still missing?

Italian authorities fear British tech tycoon Mike Lynch and five others he was holidaying with are trapped inside his yacht which sank in a tornado .

As the desperate search for the missing continues in Sicily for a second day, Vincenzo Zagarola of the Italian Coastguard said the working theory of officials is that they were inside. He said search and rescue efforts are yet to deliver any results.

The British-flagged vessel named Bayesian was carrying 12 passengers and 10 members of crew when it sank at around 5am local time on Monday as the area was hit by a storm.

Who was on board the Bayesian yacht and who is still missing

Helicopter drafted in to help with search

A helicopter had been drafted in to help the search effort, as divers from the local fire service were seen entering the water with torches attached to their headgear.

A police boat and divers were also seen entering the water on Wednesday afternoon.

Fire crews from the Vigili del Fuoco said they have been accessing the vessel through natural entrances, without making openings.

Industry experts ‘at a loss’ to explain sudden sinking

Experts have been at a loss to explain how a large luxury vessel, presumed to have top-class fittings and safety features, could have sunk within minutes, as recounted by witnesses. Another yacht anchored next to it was unharmed by the tempest.

The Bayesian, which was owned by Lynch’s wife, was built by Italian shipbuilder Perini in 2008 and last refitted in 2020. It had the world’s tallest aluminium mast, measuring 72 metres, according to its makers.

Its captain James Cutfield, a 51-year-old New Zealander who survived the shipwreck, was a “very good sailor” and “very well respected” in the Mediterranean, his brother Mark told The New Zealand Herald.

Efforts to enter yacht have been hampered by ‘very confined’ spaces

Efforts to locate the missing people have been hampered by “very confined” spaces inside the wreck, fire department spokesman Luca Cari has said.

The Italian coast guard said it was using a remotely operated vehicle to inspect the seabed and take underwater pictures.

An upgraded underwater drone has also been deployed at the site of the wreckage.

Floorplan of sunken yacht shows guest cabins

A floorplan of the sunken Bayesian yacht shows that a number of guest cabins were situated in the middle of the boar, between the technical area and crew area.

Specialist divers are now trying to access the area, to explore whether the six missing tourists became trapped inside.

How sailors can use air pockets to survive in capsized boats for days

ITALY-MARITIME-ACCIDENT-BRITAIN

IMAGES

  1. Super yacht owned by Jay Alix docks in Port Adelaide

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  2. Super yacht owned by Jay Alix docks in Port Adelaide

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  3. Super yacht owned by Jay Alix docks in Port Adelaide

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  4. Jay alix billionaire hi-res stock photography and images

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  5. Port Adelaide super yacht Satori’s route

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  6. Adelaide, Australia. 23 November 2022. A superyacht, named the Satori

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COMMENTS

  1. Adelaide Super Yacht Potentially Owned By U.S. Billionaire

    A mysterious $110 million super yacht has docked in Port Adelaide and is believed to be owned by U.S. billionaire Jay Alix.

  2. Super yacht owned by Jay Alix docks in Port Adelaide

    A multimillion-dollar super yacht reportedly owned by a US billionaire has docked at Port Adelaide after arriving from New Zealand. The motor yacht known as Satori, valued at about $110m, arrived ...

  3. Port Adelaide super yacht Satori's route

    Journey of the mysterious $110m Port Adelaide super yacht before it arrived in SA. ... there's been many questions about the $110m sleek yacht known as Satori, owned by US billionaire Jay Alix.

  4. $110 million superyacht owned by US billionaire docks at Port Adelaide

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  5. Mystery superyacht The Felix is docked in the Port ...

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  6. Superyacht The Felix sojourns at Port Adelaide

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  7. A multimillion-dollar super yacht reportedly owned by a US billionaire

    New Zealand, yacht, billionaire, luxury yacht | 25K views, 241 likes, 39 comments, 14 shares, Facebook Reels from The Advertiser A multimillion-dollar super yacht reportedly owned by a US billionaire has docked at Port Adelaide after arriving from New Zealand.

  8. How did the superyacht carrying tech tycoon Mike Lynch sink off Sicily

    Porticello is a port city located near the Sicilian capital, Palermo. The yacht had departed on August 14 from the Sicilian port of Milazzo. Its destination was reported to be the Italian city of ...

  9. Lynch Yacht Sinking Off Sicily Proves as Baffling as It Is Tragic

    As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly. By Emma Bubola and Michael J. de la Merced Emma Bubola ...

  10. Tech billionaire Mike Lynch identified among bodies recovered from

    The boat sank sometime around 5 a.m. Monday near the port of Porticello, where it was anchored, according to the Italian coast guard. There were a total of 10 crew members and 12 passengers aboard ...

  11. Body of British billionaire Mike Lynch recovered from sunken yacht in

    The body of British billionaire Mike Lynch has been recovered from the sunken luxury yacht off the coast of Sicily. More than 20 people were on board the vessel - owned by the tech tycoon ...

  12. Body of British tech entrepreneur Lynch retrieved from yacht, daughter

    The body of British tech magnate Mike Lynch was retrieved on Thursday from the wreck of his family yacht that sank this week off the coast of Sicily during a violent storm, a senior Italian ...

  13. Billionaire's Superyahct Bayesian Capsized In Sicily, 6 Missing

    A total of 15 people have been rescued, including the yacht's owner and billionaire's wife Angela Bacares, and a one-year-old girl. ... anchored near the port city of Porticello.

  14. Body of Mike Lynch recovered from superyacht wreck as Italian divers

    The Italian coast guard said the body of billionaire tech mogul Mike Lynch was among the five bodies recovered from the luxury superyacht that sank off the coast of Sicily earlier this week. The ...

  15. Sicily wreck: Why did Bayesian yacht sink in 16 minutes?

    Mr Lynch had brought together family, friends and colleagues for an idyllic holiday on his luxury boat: a sumptuous 56-metre (184ft) sailing yacht that won design awards and had the world's ...

  16. 7NEWS Adelaide

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  17. Remarkable way billionaire tech tycoon, five others could be found

    The British-flagged vessel was anchored some 700 metres from port when the waterspout struck, according to witnesses. Karsten Borner, skipper of a yacht anchored nearby, described a "very strong ...

  18. Mike Lynch, British Tech Entrepreneur, Among the Missing After Yacht

    A coast guard official said the yacht was anchored near the port of Porticello overnight Sunday when a storm hit the coast, creating a tornado-like column of air and water. The crew apparently had ...

  19. Billionaire's Body Recovered From Sunken Superyacht

    The search for missing British billionaire Mike Lynch is finally over after officials recovered his body from the Bayesian, his wife's superyacht that sank off the coast of Sicily earlier this week.

  20. Macabre Twist in Shock Sinking of Missing Tech Billionaire's Yacht

    Mysterious circumstances that preceded the sinking of billionaire Mike Lynch's yacht on Monday morning have left the internet abuzz with conspiracies.. That's because Lynch's ex-colleague ...

  21. How billionaire's superyacht trip to celebrate end of 13 year ...

    How billionaire's superyacht trip to celebrate end of 13 year legal battle ended in tragedy - Mike Lynch had gathered his nearest and dearest to toast walking away a free man from a HP fraud trial

  22. Felix Super Yacht in Port Adelaide

    Felix Super Yacht in Port Adelaide . Post. Subscribe. Posted 2018-03-01 by Gill Lockhart ⇒ follow. ... With top speeds of 15.5kn from two 1875hp Caterpillar 3512B-DITA diesel engines, in 2007 it was converted to a luxury yacht for French billionaire Bernard Arnault. There are claims that the Former British prime minister Tony Blair with his ...

  23. Tech Billionaire Goes Missing After Superyacht Sinks

    Considered "Britain's Bill Gates," the 59-year-old tech tycoon became a billionaire after selling his enterprise software firm Autonomy to Hewlett Packard in 2011.

  24. Luxury yacht sinks: Last body, believed to be tech mogul's 18-year-old

    Rescue personnel transport what is believed to be the body of Hannah Lynch, daughter of British tech entrepreneur Mike Lynch, at the scene where a luxury yacht sank, off the coast of Porticello ...

  25. Mike Lynch yacht latest: Divers smash through window into hull with

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