yachts for 4 million

4 Million Dollar Yachts

Find the perfect 4 million dollar yacht for sale.

Discover the exceptional value and luxury with our exclusive collection of $4 million yachts for sale. These remarkable vessels offer a perfect blend of style, performance, and comfort, designed to meet the discerning tastes of yachting enthusiasts. Each yacht in this category features spacious, elegantly appointed interiors with luxurious staterooms, state-of-the-art entertainment systems, and fully equipped gourmet kitchens. The exterior areas provide ample space for relaxation and entertainment, with expansive decks, comfortable lounging areas, and alfresco dining options. Engineered for superior performance and equipped with advanced navigation technology, these $4 million yachts promise a smooth and exhilarating cruising experience. For those seeking an entry into the world of luxury yachting without compromising on quality, our collection offers an unparalleled opportunity to enjoy a sophisticated and adventurous lifestyle on the water.

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Used Yachts for Sale Between $3000000 and $4000000

If you're looking for a pre-owned yacht for sale under $4 million dollars, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under four million dollars online include brands like Azimut Yachts ,  Ferretti Yachts , Hatteras Yachts , Ocean Alexander ,  Princess Yachts , Sanlorenzo , Sunseeker Yachts , Viking Yachts , Westport Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $4,000,000. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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The 50 most expensive yachts for sale now

How much does a superyacht cost? The answer is not so simple. Much like a luxury watch or car, the asking price depends on a variety of factors such as age, pedigree and finish, with the largest and newest vessels peaking into the hundreds of millions. To give you a better idea, BOAT International rounds up the 50 most expensive yachts currently listed for sale, starting with the 105.3-metre H3 ...

Builder : Oceanco Length : 105.3m Designers : Reymond Langton Design , Lateral Naval Architects

The most expensive superyacht for sale is H3 . What began as a refit project escalated into a three-year rebuild that completely transformed the 95-metre Indian Empress. Twenty two years after her initial delivery, she was relaunched as the 105.3-metre H3, with virtually nothing left from her original design except the hull (which had also been extended a further 10 metres). This "rebirth" won her international acclaim and a World Superyacht Award . Her amenities are too numerous to mention but some standouts include a large pool with a waterfall feature, a huge spa and wellness area with a hairdresser and nail salon, a gymnasium and a climate-controlled winter garden in the owner's suite.

More about this yacht

Builder : Lürssen Length : 91m Designers : Reymond Langton Design

Lady Lara joined the market in September 2023, marking the first time she had been available for sale since her delivery in 2015. She boasts a range of entertainment amenities, including two swimming pools – the largest of which can be transformed into a dancefloor – and a custom surround sound set-up. The second pool is found on the sundeck with a swim-up bar, with a large daybed and sunlounger also on this level. Accommodation is for a total of 16 guests across eight cabins and the master suite is positioned on a dedicated owner's deck. It includes a private exterior terrace accessible from the cabin, a library, his and hers bathrooms and dressing rooms.

Yachts for sale

Here comes the sun.

Builder : Amels Length : 89m Designers : Tim Heywood , Azure Yacht Design and Naval Architecture , Winch Design

Here Comes the Sun was delivered in 2017 as the flagship of the Amels fleet, a title that she has held for the past six years. She was commissioned by a repeat client with a penchant for The Beatles and has an exterior and interior from the boards of design royalty: Tim Heywood and Andrew Winch . Her outdoor spaces are certain to impress, housing a two-metre-deep swimming pool with contraflow jets and a beach club and bar that leads into a wellness centre with its own sauna, massage room and beauty salon. A full rebuild in 2021 won her a Neptune at the World Superyacht Awards .

Builder : Oceanco Length : 90m Designers : Luiz De Basto , Azure Yacht Design and Naval Architecture , Nuvolari Lenard

DAR was delivered in 2018 and won Motor Yacht of the Year "by a good margin" at the World Superyacht Awards the following year. Standout features include an owner's deck – complete with private saloon and Jacuzzi – as well as a wellness area, with Hammam, sauna and massage and beauty room. The upper deck sports a fresh water pool with counter current and the yacht also has a gymnasium with floor-to-ceiling windows. A six-person elevator serves all guest decks, with an owner's party of up to 14.

Yachts for charter

Builder : Lürssen Length : 114.5m Designers : Tim Heywood , Terence Disdale

Pelorus was delivered in 2003 as the 11th largest superyacht in the world and easily the largest yacht to be built by Lürssen at the time. She was commissioned by a Saudi businessman who enjoyed a single cruise aboard his new vessel before a new buyer made an offer too good to refuse. Exterior designer Tim Heywood stocked the yacht with a top deck lido featuring two swimming pools, two helicopter pads and a vast sea-level platform that is revealed by opening the transom. The immense task of designing the interior was carried out by Terence Disdale, who opted to use natural materials wherever possible to maintain a "casual" atmosphere to offset the yacht’s imposing frame. Pelorus can welcome 18 guests with room for an additional 46 crew members.

Builder : Feadship Length : 83.5m Designers : Feadship De Voogt Naval Architects , Cristina Gherardi Design

Savannah 's boundary-pushing design landed her the Motor Yacht of the Year Award at the World Superyacht Awards in 2016. She was the first superyacht to receive a completely metallic paint job and was equipped with a first-of-its-kind hybrid power plant, making Savannah one of the first truly "eco-conscious" members of the international fleet – though she's more popularly known for her Nemo Lounge. Another first, the lounge is designed with a semi-submerged sheet of glazing that provides an incredible view beneath the waterline. The glass wall is also fitted with a drop-down screen for impromptu cinema nights. 

Builder : Benetti Length : 107.6m Designers : Reymond Langton Design , Giorgio M. Cassetta , Zaniz

With rotating seating areas, an interactive, 18-metre-high forest wall and 800 square metres of windows, Luminosity set a new standard for yacht design when she was delivered in 2022. Accommodation is across an impressive 11 cabins, not including the dedicated owner's deck with its own helicopter pad.  Meanwhile, her counter-flow swimming pool is the exterior centrepiece, kitted out with underwater speakers, an adjustable bottom and a custom chandelier inspired by a diamond. An accompanying four-degree plunge pool is decorated with on-theme visual cues such as mirror-backed acrylic "ice-cubes".

Builder : Lürssen Length : 74m Designers : Winch Design

Constructed to Lloyd’s classification, Aurora ' s key figures include an impressive volume of 2,113GT (split across four decks) and a beam of 13.2 metres, while a crew of 22 waits on an owner’s every need. 1920s Art Deco-inspired interiors house up to 16 guests in eight stately cabins. Among these is the private owner’s suite which features wraparound views and access to a private lounge foredeck. She also features an intimate top deck observation lounge with a daybed and a lounge with three bar stools forward, while a gym and Jacuzzi are found aft.

Builder : Lürssen Length : 90m Designers : Winch Design

Phoenix 2  takes a page (or two) from Art Deco styling with her cherry velvet flooring and gilded details. The owner commissioned Winch Design to create her intricate cityscape-inspired design concept, including a 5.7-metre phoenix figurehead modelled after the Chrysler building's mounted eagles. Roaring highlights include a sommelier room, multiple swimming pools, a plush cinema room and a custom Steinway for some musical accompaniment at mealtimes. Accommodation is for up to 14 guests in seven cabins, including a full-beam owner's cabin accessible via a glass spiral staircase.

Builder : AKYACHT Length : 85m Designers : Michael Leach Design , Marco Yachts , H2 Yacht Design

After beginning life as a 77-metre explorer 14 years ago, the completion of Victorious was long-awaited. Key features include an indoor pool in the beach club, cocktail lounge, observation saloon and a wine and cigar “clubroom” which features its own fireplace. Accommodation is for 24 guests in 12 cabins, with further quarters for a crew of 22. The owner's suite is located up on the bridge deck and benefits from direct access to the Jacuzzi and sunpads aft. On the foredeck is a "touch-and-go" helipad that can also be used as an entertainment space.

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Bluewater’s expert brokerage services put buyers and sellers first, ensuring you are at the forefront of the fast-moving yacht sales market.

Bluewater prides itself on exceptional sales advice, market intelligence and sourcing the right yacht at the right price. No matter where you are based, you can benefit from listing or purchasing your yacht with our yacht brokers who are leading worldwide yacht sale experts in major yachting destinations such as the Caribbean, Fort Lauderdale and the Mediterranean.

We’re passionate about yachting and helping our clients by offering a full service and unrivalled support from start to finish – our commitment is defined as ‘One Company, One Complete Service’ with listings for a large selection of yacht brands such as Azimut, Benetti, Sunseeker and Princess Yachts, as well as departments dedicated to yacht charter, yacht management, yacht crew placement and crew training, to ensure we can cater for all of your yachting requirements.

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Used Yachts For Sale From $400,000 – $600,000

Listed below are used yachts for sale worldwide from $400,000 – $600,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between. Search top brands like Azimut, Sunseeker, Princess, Sea Ray, Carver, Grand Banks, Ocean, Tiara and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

Eastern Swath

Commercial LCU

Van De Stadt Van de Stadt 110

Chesapeake 112

Swiftships 105

Heesen Aqua Virgin

Broward 103 Raised Pilot House

Caribbean soul.

Custom Boathouse / Dry Dock

Eagles nest.

Custom Maxi 100

AlumaCat 100

Broward Raised Pilothouse MY

My lady alaska.

Azimut 28m 5 cabins - VAT Paid

Benetti Azimut 90 Custom Fly

Schooner HARVEY GAMAGE COASTAL

Ferretti Yachts 881

Stephens Deck Saloon

CHANTIER DE L'ESTEREL Yacht Acajou

Fantasy 86X18

McConaghy Maxi 86

Mangusta 80

Burger Flybridge

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Used Yachts For Sale Between $400,000 and $500,000

Price Reduction

50' Custom Carolina 50' Ricky Gillikin 1999

Avalon, United States

43' SeaVee Express 2013

Barnegat, United States

New Arrival

40' Sabre 40 Sedan 2011

Rockland, United States

32' Yellowfin Center Console 2022

Gulfport, United States

88' Ferretti Yachts 881 2006

Fort Lauderdale, United States

32' Boston Whaler 2021

Vero Beach, United States

36' Everglades 365 CC 2022

40' Pursuit S 408 Sport 2017

Dunedin, United States

44' Riva Rivarama 2012

Portland, United States

33' Scout 330 LXF 2024

Fajardo, Puerto Rico

34' Boston Whaler 345 CONQUEST 2019

Pensacola Beach, United States

73' Other Hakvoort 70 Motoryacht Pilothouse 1991

Jersey City, United States

Description

Finding a used yachts for sale between $400,000 and $500,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available between $400k and $500k like  center-consoles ,  cruising yachts , and  fishing boats , with many good options across all length ranges Still, there are plenty of opportunities with brands like  Sea Ray ,  Carver ,  Princess ,  Grand Banks ,  Meridian ,  Boston Whaler ,  Viking ,  Hatteras ,  Bertram , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $500k.

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Questions for Investigators Trying to Unravel Mystery of Luxury Yacht’s Sinking

The investigators searching for answers about the shipwreck, leaving seven dead, face questions about extreme weather and possible human error or problems with the yacht itself.

• Share full article

By Alan Yuhas

More than 180 feet long, with a mast towering about 240 feet and a keel that could be lowered for greater stability, the Bayesian luxury yacht did not, in the eyes of its maker, have the vulnerabilities of a ship that would easily sink.

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

But the $40 million sailing yacht sank within minutes and with fatal results: seven dead, including the British technology billionaire Michael Lynch, his teenage daughter, four of Mr. Lynch’s friends and a member of the crew. Fifteen people, including the captain, escaped on a lifeboat.

Mr. Lynch had invited family, friends and part of his legal team on a cruise in the Mediterranean to celebrate his acquittal in June of fraud charges tied to the sale of his company to the tech giant Hewlett-Packard.

The Italian authorities have opened a manslaughter investigation, searching for answers from the survivors, the manufacturer and the wreck itself. They face a range of questions and possible factors.

An ‘earthquake’ in the sky?

When the Bayesian sank around 4 a.m. on Aug. 19, the waters in its area, about half a mile off the Sicilian port of Porticello, were transformed by an extremely sudden and violent storm, according to fishermen, a captain in the area and meteorologists.

But what kind of storm is still a mystery, compounded by the fact that a sailing schooner anchored nearby did not have its own disaster. Also unclear is whether the crew was aware that the Italian authorities had issued general warnings about bad weather the night before.

Karsten Börner, the captain of the nearby passenger ship, said he’d had to steady his ship during “really violent” winds . During the storm, he said, the Bayesian seemed to disappear behind his ship.

Severe lightning and strong gusts were registered by the Italian Air Force’s Center for Aerospace Meteorology and Climatology, according to Attilio Di Diodato, its director. “It was very intense and brief in duration,” he said.

The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm. His agency put out rough-sea warnings the previous evening, alerting sailors about possible storms.

Locals have said the winds “felt like an earthquake.” A fisherman in Porticello said that he had seen a flare go off in the early-morning hours. His brother ventured to the site once the weather had calmed about 20 minutes later, he said, finding only floating cushions.

The Italian authorities have so far declined to say whether investigators had seen any structural damage to the hull or other parts of the ship.

Open hatches or doors?

The boat executive, Mr. Costantino, has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 bought the yacht’s manufacturer, Perini Navi, which launched the ship in 2008.

Mr. Costantino 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, would be 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.

At a news conference on Saturday, almost a week after the sinking, investigators said the yacht had sunk at an angle , with its stern — where the heavy engine was — having gone down first. The wreck was found lying on its right side at the bottom of a bay, about 165 feet deep.

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.

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

Water pouring into open hatches or doors could have contributed to the sinking, experts say, but that on its own may not account for the speed at which such a large boat vanished underwater.

Asked about the hatches at the news conference, the authorities declined to comment on whether they had been found open at the wreck.

The authorities have also not specified whether the boat had been anchored, whether it was under power at the time or whether its sails had been unfurled.

A retracted keel?

The Bayesian had a keel — the fin-like structure beneath a boat that can help stabilize it — that could be retracted or extended, according to its manufacturer. On some yachts, keels can be raised to let the large vessel dock in shallower water, and extended downward to help keep a boat level.

But like the hatches, the status of the keel alone may not explain why a large ship sank with such precipitous speed. Investigators have not disclosed what divers may have seen at the wreck, aside from saying divers had faced obstacles like furnishings and electrical wiring in tight quarters. Officials want to raise the wreck to better examine it, a process that may take weeks.

Human error?

Ambrogio Cartosio, the prosecutor in charge of the case, said at the news conference that it was “plausible” crimes had been committed, but that investigators had not zeroed in on any potential suspects.

“There could be responsibilities of the captain only,” he said. “There could be responsibilities of the whole crew. There could be responsibilities of the boat makers. Or there could be responsibilities of those who were in charge of surveilling the boat.”

It remains unclear what kind of emergency training or preparation took place before the disaster, or what kind of coordination there was during it. So far, none of the surviving crew members have made a public statement about what happened the night the ship sank.

Prosecutors said they want to ask more questions of the captain and crew, who have been in a Sicilian hotel with other survivors. They said that neither alcohol nor drug tests had been performed on crew members, and that they have been allowed to leave Italy.

Prosecutors also said they were also investigating why the captain, an experienced sailor, left the sinking boat while some passengers were still on board.

Besides possible manslaughter charges, the authorities are investigating the possibility of a negligently caused shipwreck.

The bodies of five passengers were found in one cabin, on the left side of the yacht, the authorities said. The five were most likely trying to flee to the higher side of the boat and were probably sleeping when the boat started to sink, they said.

Babe Ruth jersey sells at auction for over $24 million

Babe ruth yankees jersey expected to sell for $30m.

The New York Yankees jersey Babe Ruth wore at Wrigley Field during the 1932 World Series was put up for auction in Dallas Sunday.

DALLAS - The jersey Babe Ruth wore when he called his shot during the 1932 World Series, hitting a home run to center field, sold at auction early Sunday for over $24 million.

Heritage Auctions said the New York Yankee slugger's jersey went for a record-breaking $24.12 million after a bidding war that lasted over six hours when it went on the block in Dallas. The buyer wishes to remain anonymous, Heritage said.

The amount that the jersey sold for topped fellow Yankee Mickey Mantle's 1952 rookie card, which the Dallas-based auction house sold for $12.6 million in 2022.

Chris Ivy, Heritage’s director of sports, calls the jersey "the most significant piece of American sports memorabilia ever offered at auction." He said in a news release that it was clear from the bidding that "astute collectors have no doubt as to what this Ruth jersey is and what it represents."

"The legend of Babe Ruth and the myth and mystery surrounding his ‘called shot’ are united in this one extraordinary artifact," Ivy said.

Ruth's famed, debated and often imitated "called shot" came as the Yankees and Chicago Cubs faced off in Game 3 of the World Series at Chicago's Wrigley Field on Oct. 1, 1932. In the fifth inning of the heated game, Ruth made a pointing gesture while at bat and then hit the home run off Cubs pitcher Charlie Root.

1934: American baseball player Babe Ruth (George Herman Ruth, 1895 - 1948) hits his first home run during his tour of Japan at Miji Shrine Stadium, Tokyo, Japan. (Photo by New York Times Co./Getty Images)

"It is the most dramatic moment in World Series history, and it may be the most dramatic moment ever in all of baseball," said Michael Gibbons, director emeritus and historian at the Babe Ruth Birthplace and Museum in Baltimore.

The Yankees won the game 7-5 and swept the Cubs the next day to win the series.

That was Ruth's last World Series, and the "called shot" was his last home run in a World Series, said Mike Provenzale, the production manager for Heritage’s sports department.

"When you can tie an item like that to an important figure and their most important moment, that’s what collectors are really looking for," Provenzale said.

Heritage said Ruth gave the road jersey to one of his golfing buddies in Florida around 1940 and it remained in that family for decades. Then, in the early 1990s, that man's daughter sold it to a collector. It was then sold at auction in 2005 for $940,000 and remained in a private collection until being consigned to Heritage this year.

There's been debate for decades over whether Ruth really called the shot. But Gibbons said there's home movie footage of the game that shows Ruth pointing, though it's not clear whether he’s pointing at the pitcher, center field or toward the Cubs bench. Regardless, he said, Ruth, who had a history of making predictions, clearly "said something’s going to happen on the next pitch and he made it happen." And, he said, Ruth himself said he'd called the shot.

"We think certainly that he did call his shot," Gibbons said.

News reel footage shows Ruth rounding the bases after the home run and making a pushing out gesture toward the Cubs bench, as if to say "I gotcha," Gibbons said.

The "called shot," was an extraordinary moment from a man Gibbons called "the standard-bearer for all of Major League Baseball."

"He was always uplifting, he was something very positive for this country to root for," Gibbons said. "Then he caps it all off by calling his shot."

Mackinac Island Ferry Company to suspend operations through fall season

by Daniel Zivian & Brandon Chew

MACKINAC ISLAND, Mich., (WPBN/WGTU) -- The Mackinac Island Ferry Company will suspend operations through the fall season to repair and upgrade the ferries.

The Hoffmann Family of Companies , which owns both MIFC and Shepler's Mackinac Island Ferry, said Wednesday it will invest $4 million for repairs.

The suspension of operations will begin on Monday and last through October 31.

• Prior story: Ferry company owner wants to halt all services amid repair issues

"Hoffmann Marine... will take the MIFC boats offline on August 19. Repairs and upgrades will begin immediately," Hoffmann Marine said in a statement.

The company said only three of the 10 MIFC boats are operational and none are high-speed boats.

"It is impossible to keep these boats in service for the remainder of this season while holding to our high standards of customer service," said Hoffmann Marine President Jenny Gezella.

"We anticipate completing repairs by next spring, and we're confident that we can return most of the boats to regular service in time for the 2025 season," Gezella said.

Hoffmann Marine said Shepler's has increased capacity on its ferries and has been running its boats every 15 minutes.

The company said the following changes can be expected starting on August 19:

• MIFC docks will be closed to ferry service. Shepler’s will serve all ferry guests.
• All ticket sales will be online at sheplersferry.com or onsite at Shepler’s ticket offices.
• All valid pre-purchased MIFC tickets will be honored by Shepler’s for the remainder of the 2024 summer season. Guests may exchange them at Shepler’s ticket offices.
• All ferry guests should use Shepler’s parking and proceed to Shepler’s docks for boarding.
• Guests who prepaid for MIFC onsite parking will be allowed to park in Shepler’s lots if space is available. If space is not available, guests may drop off luggage at the Shepler’s dock, check in at the ticket office for a parking permit and will be directed to an off-site lot. Ground transportation will be provided from off-site lots to Shepler’s docks.
• All MIFC web traffic will be redirected to sheplersferry.com where guests can purchase tickets at the current established Shepler’s rates. Only the current Shepler’s services, including parking and ferry tickets, will be available. MIFC valet, pirate ship, and classic ferry tickets are no longer available.
• Tickets will no longer be sold through hotels and other third-party vendors. Shepler’s will honor discounted third-party tickets through August 31. After that, customers may seek refunds through the hotel or third-party vendor where they purchased the ticket.

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

I t was a sunny August morning when software entrepreneur Mike Lynch, 59, gathered ten 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 Hewlett-Packard 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 his wife, who reportedly owns nearly all his fortune. The same day of the drowning, U.K. news outlets reported that Lynch’s co-defendant 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, who 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 UK’s High Court found that 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 UK 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 shortseller’s 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 August 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 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, his wife, Stephen Chamberlain and his wife, the attorney Chris Morvillo—who drowned on 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 August 14—five days before the storm—and was comprised of 12 guests and 10 crew. 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 Cefalu, 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 August 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 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 one-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 UK’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 towards 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 UK’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 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 executive 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, Darktrace CEO Poppy 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 UK 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, August 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.

This story was originally featured on Fortune.com