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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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1980   Mie Zosen    172ft  /  52.4m

BIG EAGLE Yacht Charter

BIG EAGLE currently registered in St. Vincent and Grenadines is actively available for charter.

The luxury motor yacht BIG EAGLE was built by Mie Zosen and delivered to her owner in 1980, she later underwent a refit in 2017.

The exterior of BIG EAGLE is designed by Mie Zosen.

The 172ft / 52.4m BIG EAGLE has been constructed with a steel hull and is powered by 2 x GM 16V92TA with a cruising speed of 13 knots and a top speed of 15 knots.

Charter guest accommodation

BIG EAGLE has been designed to comfortably accommodate up to 12 charter guests in 6 suites.

The guest cabins comprise a primary suite with a double bed and en-suite bathroom facilities, 2 cabins with a double bed and en-suite bathroom facilities and 3 cabins with a twin bed and en-suite bathroom facilities.

Your luxury charter crew

Your luxury charter on board motor yacht BIG EAGLE will be managed by the crew of 10 including the captain.

The crew will ensure you have a relaxed and enjoyable charter experience with all of your needs catered for while on board.

The 10 crew have their own separate crew quarters allowing guests to enjoy increased levels of privacy.

Amenities & Entertainment

Amenities on board for the charter guests include Air Conditioning, BBQ, Bicycles, Exercise equipment, Light fishing gear, Gym, Indoor audio system, Jacuzzi on deck, Outdoor audio system, Stabilizers At Anchor, Sun loungers, TV all cabins, TV outdoor, TV saloon and Wi-Fi.

An extensive list of further amenities and water toys can be seen under the features and amenities section.

Yacht charter destinations

BIG EAGLE is Currently cruising in the Caribbean.

Sample itineraries for the cruising destinations can be supplied by your professional charter broker allowing you to plan your luxury yacht charter vacation in detail.

• Windward Islands
• Leeward Islands
• Cayman Islands
• Trinidad & Tobago
• Turks Caicos
• Greater Antilles
• Leeward Antilles
• Air Conditioning
• Exercise equipment
• Light fishing gear
• Indoor audio system
• Jacuzzi on deck
• Outdoor audio system
• Stabilizers At Anchor
• Sun loungers
• TV all cabins
• Inflatable Watertoys
• Banana boat - towable
• Inflatable Trampoline
• Tube - towable
• Water skis - adult
• Water slide
• Waverunners (Sit Down)
• Snorkeling Gear
• 32" Sea Vee w/ 2 x 300hp
• 16" Ribcraft w/60hp

Christiana Virgilio

Christiana grew up in San Diego, California. Her childhood revolved around the water; sailing, diving, surfing, windsurfing, and water skiing. Almost every summer was spent on her family’s sailboat. After graduating from UCLA with a degree in Economics she decided to travel and have some fun working on sailboats. Twenty years later the yachting industry is her career. Christiana served as the 1st Mate on board for four years before she obtained her captain’s license. She then served as the 1st Mate and relief captain for Atlantic Crossings and other passages. In November 2006 she became the Captain on board Big Eagle. She is also a dive master and enjoys guiding the guests on dives

Destinations

Frequently Asked Questions

How much to charter big eagle.

BIG EAGLE has a weekly charter price starting at $192,500 and an estimated daily charter price of $32,100.

How many guests on board BIG EAGLE?

BIG EAGLE can accommodate 12 sleeping guests on board in 6 cabins, with the ability to cruise with up to 12 guests and entertain groups up to 200 guests while at anchor or moored at a marina.

Where is BIG EAGLE currently located?

BIG EAGLE was last seen in South Central Alaska.

Legal Disclaimer

Motor Yacht BIG EAGLE is displayed on this page for informational purposes and may not necessarily be available for charter. The yacht details are displayed in good faith and whilst believed to be correct are not guaranteed, please check with your charter broker. Charter Index does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or images displayed as they may not be current. All yacht details and charter pricing are subject to change without prior notice and are without warranty.

U.S. Customs & Border Protection

The yachting industry has no global listing service to which all charter yachts must subscribe to, making it impossible to ascertain a truly up-to-date view of the market. Charter Index is a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed, it is not always clear if they are still for charter. Whilst we endeavour to maintain accurate information, the existence of a listing on Charter Index should in no way supersede official documentation supplied by the representatives of a yacht.

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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia

Related articles.

Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. “As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom,” she was once quoted as saying.

Her solution was to buy her own yacht. A 37m with a steel hull, built by the Dutch yard Witsen & Vis of Alkmaar. The yacht passed through many hands, finally ending up belonging to the Wolf of Wall Street, Jordan Belfort, on whose watch she foundered and sank in 1996.

The yacht was originally built for a Frenchman under the name Mathilde , but he backed out and she caught Chanel’s eye instead. With a narrow beam, a high bow and the long, low superstructure typical of Dutch yachts of her era, she was certainly a beautiful boat. But she was also well equipped, with five staterooms in dark teak panelling, magnificent dining facilities, room for big tenders and, later, a helipad. A frequent sight along the Florida coast, she caught the eye of a young skipper called Mark Elliott.

“In those days, she was the biggest yacht on the East Coast,” he remembers. “Nobody had ever seen anything like it. I needed a wrench once and went up to the boat - Captain Norm Dahl was really friendly.” He didn’t know it then, but Elliott was destined to become the skipper of the boat himself and was at the helm when the storm of the century took her to the bottom off Sardinia.

Coco Chanel died in 1971 and sometime thereafter the yacht was renamed Jan Pamela under the new ownership of Melvin Lane Powers. He was a flamboyant Houston real estate developer, fond of crocodile skin cowboy boots and acquitted of murder in a trial that gripped the nation.

Powers sent Jan Pamela to Merrill Stevens yard in Miami, where a mammoth seven-metre section was added amidships. “We made templates for the boat where we were going to cut her in half, then she went out for another charter season,” remembers Whit Kirtland, son of the yard owner. “When the boat came back in, we cut it just forward of the engine room, rolled the two sections apart and welded it in.”

He remembers how the sun’s heat made the bare and painted metal expand at different rates. “You had to weld during certain time periods – early in the morning or late at night,” says Kirtland.

The result of the extension was a huge new seven-metre full-beam master stateroom, an extra salon and one further cabin – pushing the charter capacity to seven staterooms. During this refit, the boat’s colour was also changed from white to taupe. “No one had really done it before and it was gorgeous,” says Elliott. By 1983, Powers was bankrupt and the yacht was sold on again. She next shows up named Edgewater .

Elliott’s chance came in 1989. He was working for the established yacht owner Bernie Little, who ran a hugely profitable distribution business for Bud brewer Anheuser-Busch. “Bernie Little had always wanted to own the boat,” Elliott says. “He loved it. He bought it sight unseen – and I started a huge restoration programme, including another extension to put three metres in the cockpit.”

It was a massive task, undertaken at Miami Ship. “We pulled out all the windows, re-chromed everything, repainted – brought it back to life,” says Elliott. They also cut out old twin diesels from GM and replaced them with bigger CAT engines, doubling her horsepower to 800. “Repowered, she could cruise at up to 20 knots. She was long and skinny, like a destroyer.”

A smart hydraulic feature was also brought to life for the first time. Under two of the sofas in the main stateroom were hidden 3.6m x 1.2m glass panels giving a view of the sea under the boat. At the push of a button, the sofas lifted up and mirrors above allowed you to gaze at the seabed – from the actual bed.

Now called Big Eagle , like all of Little’s boats, she was a charter hit and her top client was a certain New York financier named Jordan Belfort. He fell in love with her and begged Little to sell to him. But he needed to secure financing, and in 1995, Little agreed to hold a note on the boat for a year if Mark Elliott stayed on as skipper.

With the boat rechristened Nadine after his wife, Belfort set about another round of refit work, restyling the interior with vintage deco and lots of mirrors, extending the upper deck this time, and fitting a crane capable of raising and stowing the Turbine Seawind seaplane.

Nadine also carried a helicopter, a 10m Intrepid tender, two 6m dinghies on the bow, four motorbikes, six jetskis, state-of-the-art dive gear. “You pretty much needed an air traffic controller when all these things were in the water,” says Elliott.

Belfort’s partying was legendary and Elliott clearly saw eye-watering things on board, but as far as he was concerned, he was there to safeguard the boat. “When Jordan Belfort became the owner, he could do whatever he wanted. I was there to protect the note,” says Elliott. “He is a brilliant mind and a lovely person. It was just when he was in his party mode, he was out of control.”

Nadine and her huge cohort of toys and vehicles plied all the usual yachting haunts on both sides of the Atlantic. But Belfort’s love story was to be short-lived. Disaster struck with the boss and guests on board during an 85-mile crossing between Civitavecchia in Italy and Calle de Volpe on Sardinia.

What was forecast to be a 20-knot blow and moderate seas degenerated into a violent 70-knot storm with crests towering above 10.6m, according to Elliott. Wave after wave pounded the superstructure, stoving in hatches and windows so that water poured below and made the boat sluggish. By a miracle the engine room remained dry and they could maintain steerage way, motoring slowly through the black of the night as rescue attempt after rescue attempt was called off.

Nadine eventually sank at dawn in over 1000m of water just 20 miles from the coast of Sardinia. Everyone had been taken off by helicopter, and there was no loss of life. Captain Mark Elliott was roundly congratulated for his handling of the incident. “The insurance paid immediately because it was the storm of the century,” he says. “I took the whole crew but one with me to [Little’s next boat] Star Ship . That was my way to come back.”

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BIG EAGLE Interior & Exterior Photos

52.43m  /  172'   mie zosen   1980 / 2008.

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4 bodies found inside the Bayesian, Mike Lynch family yacht, amid search

Four bodies were recovered inside the Bayesian superyacht on Wednesday, more than two days after it sank off the coast of Italy , setting off an exhaustive search for six missing people, including British tech entrepreneur Mike Lynch .

Two of the bodies discovered earlier on Wednesday were brought to shore. One body recovered was a heavily built man, Reuters reported.

Six of the ship's 22 passengers, including Lynch and his 18-year-old daughter, went missing after the yacht plunged under the water just before 5 a.m. on Monday as a storm swept across the area. Americans are among the missing, officials have said.

The U.K.-registered yacht belonged to Lynch's wife, Angela Bacares, who was also on board and was rescued. The tech tycoon was recently acquitted on fraud charges after a year under house arrest.

Ricardo Thomas, the ship's cook, was found dead on Monday, according to the coast guard.

The rescue mission saw a diving team, helicopters and multiple coast guard ships deployed to search the water. Fifteen people were pulled from the water on Monday, and eight were hospitalized in stable condition.

A 'black swan event'? Experts puzzle over why Bayesian yacht sank

An investigation opened by local prosecutors into the cause of the disaster is ongoing. Experts have pointed to a water spout, a tornado over the water that can travel up to 120 mph, that formed during the storm, as well as the heavy weight of ship's mast, one of the largest in the world.

The 184-feet-long ship was made by Italian ship manufacturer Perini in 2008.

Lynch set off on the cruise late last month to celebrate his acquittal on fraud charges in the U.S. that marked a decade of legal challenges, the Associated Press reported .

One of his lawyers and a character witness for Lynch during the trial were also on board and vanished when the boat went down. Authorities have not yet disclosed the identities of the four people found.

Here are the passengers who were declared missing.

Mike Lynch and Hannah Lynch

Mike Lynch, 59, is co-founder of Britain’s largest enterprise software, Autonomy, which was sold to Hewlett-Packard in 2011, and founder of venture capital fund Invoke Capital. 

Sometimes known as “Britain’s Bill Gates,” Lynch was slapped with charges after HP said it had uncovered deceit and a major accounting scandal within the firm. He spent a year on house arrest after being extradited from the UK.

In early June, at the end of a 12-week trial, a San Francisco jury acquitted Lynch of wire fraud and conspiracy to commit wire fraud. He was also cleared on a charge of securities fraud later that month.

Lynch and Bacares have two daughters and six dogs, all named after engineering parts, according to the U.K.’s Sunday Times in a profile of Lynch from last month.

Lynch’s 18-year-old daughter, Hannah, was also among the missing. She was preparing to study English literature at Oxford University, according to the Sunday Times. 

Hannah is the younger of Mike Lynch’s two daughters, the Times reported . Mike Lynch told the outlet that his daughters had grown up with their father being publicly accused of fraud. 

Jonathan Bloomer and Judy Bloomer

Jonathan Bloomer is the non-executive chairman of both Morgan Stanley International and the insurer Hiscox, among other companies. Bloomer acted as a character witness on Lynch’s behalf during his fraud trial. 

Hiscox Chief Executive Aki Hussain told Reuters in a statement that the firm was deeply shocked and saddened and their thoughts were with all those affected. 

Bloomer’s twin brother, Jeremy, told BBC that he is processing the news and the family is waiting to hear updates.

“He was my elder by half an hour, so, it means a lot when you lose a twin brother,” Jeremy Bloomer told BBC. “We’ll still wait and see, so it’s fingers crossed.”

Jonathan Bloomer’s wife, Judy, is a psychotherapist of nearly three decades and former teacher. She specializes in anxiety and stress. She studied English language and literature at Homerton College in Cambridge.

Christopher Morvillo and Neda Morvillo

A lawyer with Clifford Chance, Chris Morvillo was among the team that represented Mike Lynch during his trial. Morvillo is an American citizen. 

He was an assistant U.S. attorney for the Southern District of New York from 1999 to 2005, and he worked on the criminal investigation stemming from the 9/11 terrorist attacks. 

Morvillo was a graduate of Fordham University School of Law and Villanova University. 

Neda Morvillo, his wife, owns a hand-crafted jewelry company under her maiden name, Neda Nassiri. The company’s website said she has been designing and making jewelry for over 20 years.

In a post on LinkedIn after the conclusion of Lynch’s trial, Chris Morvillo acknowledged his family for their support during the case. 

“And, finally, a huge thank you to my patient and incredible wife, Neda Morvillo, and my two strong, brilliant, and beautiful daughters, Sabrina Morvillo and Sophia Morvillo.  None of this would have been possible without your love and support. I am so glad to be home. 

And they all lived happily ever after…."

Contributing: Reuters

The 5 tragic minutes that sank a superyacht

PORTICELLO, Italy — Survivors of a storm that sank a superyacht off Sicily recounted their ordeal to one of the doctors who rushed to their aid, with some saying it took mere minutes for the 180-foot ship to go down. 

Dr. Fabio Genco, head of the Palermo Emergency Medical Services, told NBC News on the phone Thursday that he arrived in the seaside village of Porticello before dawn Monday, about an hour after the $40 million Bayesian sank in the violent and sudden storm.   

Of the 22 people onboard, 15 survived despite storm conditions and darkness, climbing onto a lifeboat before being rescued by a nearby sailboat. The crew members have made no public statements so far, though some have been interviewed by investigators.

“They told me that it was all dark, that the yacht hoisted itself up and then went down,” Genco said, recounting what the survivors told him. “All the objects were falling on them. That’s why I immediately made sure, by asking them questions, if they had any internal injuries,” he said. 

It appears they had just minutes to abandon the sinking ship, Genco said. 

“They told me that suddenly they found themselves catapulted into the water without even understanding how they had got there,” he said, “And that the whole thing seems to have lasted from 3 to 5 minutes.”

Giovanni Costantino, CEO of The Italian Sea Group, which owns Perini Navi, the Bayesian's shipbuilder, told Sky News that there were no flaws with the design or construction of the yacht. He said their structure and keel made boats like that “unsinkable bodies.”

In an interview with the Italian newspaper Corriere della Sera, he disavowed responsibility, blaming instead the actions of the crew. “Mistakes were made,” he said. 

Genco said one of his colleagues who arrived at the scene before him initially thought that only three people survived, but the coast guard reported there were other survivors and more emergency services were called in. 

When Genco arrived, he found scenes of panic and despair. 

“Unfortunately, we are used to such panic scenes because we are used to the shipwrecks that happen on Lampedusa ,” Genco said, referring to the island southwest of Sicily, where the wreckage of boats carrying migrants on the sea journey from North Africa to Italy are often found . 

Six of the passengers were declared missing Monday, and by Thursday, the bodies of five had been recovered from the wreck , some 160 feet underwater.

Among those who survived is Angela Bacares, wife of the British tech mogul Mike Lynch , whose body was recovered Thursday. 

Another survivor has been identified as Charlotte Emsley, 35. She told the Italian news agency ANSA that she had momentarily lost hold of her year-old daughter, Sofia, in the water but managed to retrieve her and hold her over the waves until a lifeboat inflated and they were pulled into safety.

Dr. Domenico Cipolla at the Di Cristina Children’s Hospital in Palermo is also part of a team of medical professionals treating the shipwreck survivors. He told the BBC on Wednesday that Emsley and her daughter, as well as the father of the child, who Cipolla said also survived, are continuing to receive psychological help. 

“Psychological support was constant and is constant even today, because basically it is the wounds of the soul that are the most in need of healing in these cases,” Cipolla said.

Genco also told NBC News that he was especially concerned about the child. “She did not understand anything. She was soaking wet and cold,” he said. 

Karsten Borner, the Dutch captain of the Sir Robert Baden Powell, a yacht that was anchored near the Bayesian, said by phone Wednesday that he saw a thunderstorm come in at around 4 a.m. local time (10 p.m. ET) Monday, followed by what looked like a waterspout, a type of tornado that forms over water. 

The International Centre for Waterspout Research noted on X that there was a “waterspout outbreak” off Italy on Monday, the day the Bayesian sank. 

“I turned on the engine and made maneuvers so that we wouldn’t collide with the Bayesian, which was anchored about 100 meters from us,” Borner said. “Then all of a sudden it disappeared. Then the wind calmed down, we looked around and saw a red flare.”

Borner said he got into his boat’s tender and saw a life raft with 15 people on it. Members of the crew were administering first aid. 

“I don’t know why it sank so quickly, but it may have something to do with the mast which was incredibly long,” he said. Questions have been raised about whether the mast was to blame for the accident as tall masts, even with the sails down, have more surface area exposed to the wind, which can contribute to tipping a vessel in a storm.

The CCTV footage that emerged Tuesday showed the yacht’s 250-foot mast, believed to be one of the tallest aluminum sailing masts in the world, lashed by the storm as it appears to tilt to one side before disappearing.

Claudia Rizzo is an Italy based journalist.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Yuliya Talmazan is a reporter for NBC News Digital, based in London.

Mike Lynch and daughter among missing after yacht sinks: What we know about disaster - and 'alarming' potential cause

The British-flagged luxury vessel named Bayesian was carrying 22 people when it got into difficulty off the coast of Sicily. Seven bodies have now been recovered from the wreckage.

News reporter @samuelosborne93

Friday 23 August 2024 12:24, UK

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Seven bodies have been found after a superyacht sank off the coast of Sicily.

Twenty-two people were on board the vessel named Bayesian when it got into difficulty in the early hours of Monday, with 15 people rescued.

Here's what we know about the sinking of the luxury vessel so far.

Follow latest updates on the superyacht sinking

What might have caused the sinking?

The British-flagged luxury vessel, named Bayesian, capsized at around 4.30am local time on Monday morning off Palermo, according to ship-tracking site Marine Traffic.

It sank in as little as 60 seconds with 22 people on board, 12 passengers and a crew of 10, according to the Italian coastguard.

Waterspouts, essentially tornados that form over water, were seen as powerful winds battered the area overnight, local media said.

The yacht may have sunk faster with all the doors open due to the hot weather, Sailing Today magazine editor Sam Jefferson has said.

"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.

Official pictures show air conditioning units in several of the rooms, however, which could counter the suggestion open windows caused the vessel to sink faster.

The huge mast is also likely to have played a role, he added.

What are waterspouts?

Waterspouts typically occur during thunderstorms and can develop very rapidly, within minutes.

Their spin generally reaches wind speeds between 75-200mph, but can reach as high as 300mph.

They can travel at about 10-20mph typically but can reach greater speeds, making them difficult to avoid - especially in something as slow-moving as a yacht.

Matthew Schanck, chair of the Maritime Search and Rescue Council, called the reports of a tornado or waterspout "rare" and "quite alarming".

"The vessel was at anchor in a recognised anchorage," Mr Schanck said.

"Depending on wind direction and the state of the sea, this informs the captain whether it is a safe area to anchor or not. There was nothing that was too concerning, for my eye. All in all, the captain used the information they had to make a safe call."

Who owns the yacht?

The yacht belonged to the family of British tech tycoon Mike Lynch. He was confirmed to have died after rescuers found his body on Thursday. Mr Lynch was on holiday with his 18-year-old daughter Hannah, who is still missing, and his wife Angela Bacares, who was rescued.

Mr Lynch, 59, was known as the " British Bill Gates " and has been in the headlines in recent months over a high-profile fraud case.

In June, a US jury cleared him of all charges, which were related to the 2011 sale of his software company Autonomy to Hewlett-Packard (HP). The yacht trip is believed to have been a celebration of the end of Mr Lynch's legal troubles.

HP accused him of deliberately overstating the value of the company before it was acquired by the American tech giant.

Mr Lynch was extradited to the US to face trial in May last year and spent 13 months under house arrest in San Francisco as he awaited trial on 17 charges of conspiracy and wire fraud brought by the US Department of Justice - which were later reduced to 15 charges. He always denied any wrongdoing and was acquitted.

Read more: Lynch's co-defendant dies days before yacht sinking

Who was on board when the boat sank?

The passengers were largely British and American, with crew members were from New Zealand, South Africa, and Canada.

Charlotte Golunski was among the Britons rescued. Her LinkedIn profile says she is a partner at Mr Lynch's firm Invoke Capital and has worked there since 2012.

Speaking after the ordeal, Ms Golunski told Italian media that she lost her daughter Sofia for "two seconds" amid the "fury" of the sea but was able to retrieve her. She said she held the infant above the waves until the lifeboat was ready.

"Many people screamed. Luckily the lifeboat inflated and 11 of us were able to get on board," she told ANSA.

The girl's father James Emsley also survived, according to Sicily's civil protection agency.

Also on board were Jonathan Bloomer, chairman of investment bank Morgan Stanley, his wife Judy Bloomer, a top US lawyer Chris Morvillo, who worked on Mr Lynch's criminal case, and his wife Neda Morvillo. Divers confirmed on Thursday that their bodies had been recovered.

The yacht's captain James Cutfield survived, along with South African crew members Leah Randall and Katja Chicken.

Recaldo Thomas, a Canadian-Antiguan chef who was working on the boat, was the first to be found dead, the Italian Coastguard confirmed to Sky News.

During rescue efforts, divers saw "corpses through the portholes" of the wreck as they recovered the body of a man at a depth of 50m (164ft), according to Salvo Cocina, the head of the Civil Protection of Sicily.

What do we know about the vessel?

The Bayesian is owned by a company controlled by Mr Lynch's wife.

It was known for its unusual 72.3m (246ft) single mast - one of the world's tallest made of aluminium - and shared its name with the statistical method Mr Lynch's Autonomy software was based on.

It was built by Italian company Perini Navi in 2008 and last refitted in 2020.

It was listed for rent for up to €195,000 (£166,000) a week, according to online charter sites.

The luxury vessel , which was managed by yachting company Camper & Nicholsons, could accommodate up to 12 guests in six suites.

It won a string of awards for its design, according to online specialist yacht sites.

Mr Schanck, of the Maritime Search and Rescue Council, said the vessel would have been equipped with "high standard" life-saving appliances and radio communications.

He added the yacht would have met all international standards and UK Maritime Coastguard Agency regulations before its voyage.

It was previously named Salute, or "health" in Italian, when it flew under a Dutch flag. Its minimalist interior featured light wood with Japanese accents designed by the French designer Remi Tessier, according to descriptions on charter sites.

Keep up with all the latest news from the UK and around the world by following Sky News

What were its last movements?

The boat left the Sicilian port of Milazzo on 14 August and was last tracked east of Palermo on Sunday evening, with a navigation status of "at anchor", according to vessel tracking site VesselFinder.

The Bayesian previously travelled to other parts of Sicily before its last sighting off the coast of the port of Porticello.

On Sunday, the boat was seen off the coast of Cefalu before it travelled towards Porticello, MarineTraffic data shows.

In the days before, the yacht travelled around four of the Aeolian islands, just north of Sicily.

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Prosecutors in the nearby town of Termini Imerese have opened an investigation into the sinking.

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In the August 2024 issue of Yachting World magazine: News Few finish a tempestuous Round The Island Race European rules are eased for cruising to France and Greece Olympic sailing…

• Yachting World
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Sea Eagle II: The inside story of the world’s largest aluminium sailing yacht

• June 17, 2020

Rupert Holmes talks to the build and design teams behind the 81m Royal Huisman flagship Sea Eagle II, which recently completed her sea trials off the coast of the Netherlands

Royal Huisman has an enviable track record of producing superlative sailing superyachts , with hundreds of projects completed to date. Yet the latest vessel to leave the shipyard is extraordinary even by these standards. She is the world’s largest aluminium yacht and is one of the top ten biggest sailing yachts ever built. 

Sea Eagle II is a magnificent 81m/266ft three-masted Panamax schooner, created by the same Dykstra and Mark Whiteley Design collaboration that produced the stunning 56m/186ft Royal Huisman ketch Aquarius just over a year ago. 

Her very experienced owner has sailed all his life and spent a lot of time at sea. “ Sailing around the world in the weekends is a phrase often used to outline his days on board,” says Royal Huisman project manager Arjo Spans. He is also a repeat client – the original Sea Eagle is a 43m/143ft Frers/Rhoades Young design launched by the Dutch yard in 2015. 

Sea Eagle II is due to be delivered to her owner in July 2020. Photo: Tom Van Oossanen

Initially the brief for the new boat was for a more classical yacht, similar to the 79m/259ft three-masted gaff schooner Athena , which Royal Huisman built for Silicon Valley mogul Jim Clark in 2004. However, the owner quickly realised he would prefer a more modern yacht: a fast-looking hull shape with straight lines, long waterline and plumb bow. The concept of Sea Eagle II was born. 

“Having worked with him to build the original Sea Eagle , we understood the owner’s priorities from the start,” says Spans. “These are: low maintenance, functionality, and safety, including ease of moving around the yacht, even when heeled at sea.

“For each of the key aspects of the boat he asked for three proposals, he would then choose one of them and leave us to implement it,” Spans adds. “He put a huge amount of trust in the shipyard and in our craftsmanship.”

Article continues below…

Sailing around Cape Horn on the world’s largest ketch Aquijo

When asked to help guide the 86m/282ft ketch Aquijo for a cruise in Tierra del Fuego and a Cape Horn…

Royal Huisman reveals 116ft ‘floating resort’ catamaran superyacht concept

“This is not a change in direction; it is an expansion of possibilities,” says Jan Timmerman, CEO of the 136-year-old…

The scale of this yacht is nothing short of astounding. The sleek hull lines belie the 4m/13ft freeboard and the two-tier deckhouse, including a half-raised bridge, looks entirely in proportion. The main deck-level accommodation has a huge expanse of glass, with the 360º view interrupted only by minimal mullions. There are also acres of cockpit space, with room left over for a long sweep of uncluttered aft deck.

Mark Whiteley was responsible for developing the interior and refining the exterior styling. He created a simple and modern style for the interior, with straight lines. Lacquered Alpi walnut wall panels, brushed natural oak floors and dark stained wenge trims are complemented by light colour leather handrails and upholstered wall panels.

Part of the brief was for the yacht to be able to host business meetings – the forward part of the superstructure therefore includes a large saloon with expansive seating, plus a 16-seat table for formal dining.

The largest winches are capable of a tremendous 18-tonne pulling load. Photo: Rondal

A technical challenge 

Dykstra Naval Architects drew a narrow and efficient hull shape with a maximum beam of only 12.4m/40ft, while displacement has been kept down to a relatively light 1,050 tonnes at full load. The final shape was achieved following extensive computational flow dynamics (CFD) calculations, velocity prediction programming (VPP), and testing in both tow tanks and wind tunnels. These all helped to determine sail balance, keel position and predicted rudder angles.

The plumb bow is balanced by a modest, but graceful, stern overhang, with a contemporary, relatively wide transom at deck level. Twin knuckle lines extend aft from near the bow, merging into one amidships and then forming a chine aft. Right aft the hull has negative curvature on the flare below the chine, which gives interesting reflections in the gleaming paintwork.

The lead naval architect, Dykstra’s Erik Wassen, told me he introduced the knuckle lines to give the hull “a bolder and more interesting shape.” The owner liked the concept and Mark Whiteley helped to refine the detail. Wassen describes the underwater shape as being: “a very modern round bilge shape, with a nice slender hull that gives good sailing capabilities.” Appendages are a conventional fin keel and balanced rudder.

Photo: Priska van der Meulen

The latter presented an interesting technical challenge, according to Wassen. Initially they looked at fabricating the rudder stock in steel, but that alone would weigh three tonnes. Screening a number of alternatives led to a decision to use carbon for the stock, with a foam core section clad in a relatively thin composite skin for the blade. 

The result is what it’s producer, Royal Huisman’s sister company Rondal, believes to be the biggest ever carbon rudder, weighing only 1,250kg, which helps to keep weight out of the ends of the boat. The weight saving here also enabled the intended fore and aft trim to be achieved with the ballast in its optimal location.

The rudder includes load sensors to record and verify torque, side forces and bending moment while sailing. “There is not much load data available for rudders of this size of sailing yacht, so it’s very conservatively engineered,” says Spans. Fibre-optic sensors are incorporated to enable a database to be created that will help with designing future composite rudders for very large yachts.

Due to the distance of the helm stations from the rudder, the steering is via an electric-hydraulic system, which means there’s no feedback from the helm. The plan is to investigate whether data from the sensors can be used in a feedback system to give a more natural feel to steering the boat under sail. 

Structural engineering

This is one of the most interesting elements of yacht design, yet is all too often under appreciated. Extensive modelling showed a couple of unexpected problems that needed clever solutions during Sea Eagle II ’s design and engineering. 

Instead of the hull flexing smoothly under load, like an I-beam, the presence of a forward intermediate deck introduced hard spots in this area, resulting in stress concentrations at the forward end of the superstructure. This required a lot of design work to create a smooth transition of stress from the lower deck to the intermediate one and then on to the upper deck.

Structural engineering was extensively modelled for Sea Eagle II

The roof of the superstructure also posed a challenge, in that the inside surface of a beam needs to become shorter as it flexes. But the original plan for the aluminium roof wasn’t able to accommodate this, with the result the modelling showed stresses concentrating in the corners of the mullions and in the glass itself. 

The solution was to avoid welding the top of the mullions to the roof, opting instead for a flexible joint that allows for movement when necessary. Wassen likens it to the joints in large buildings that need to be included to allow for thermal expansion and contraction.

Whiteley also helped to refine the exterior styling. In addition to the detail of the knuckles, his input helped to refine the shapes – particularly curves and softening corners – in the superstructure.

COVID-19 restrictions meant her delivery date had to be pushed back by 3 months. Photo: Crea Fragma / Rondal

Panamax rig

The requirement to be able to clear the Bridge of the Americas at the Pacific end of the Panama canal called for the schooner rig with three equal masts. All are of carbon and are made by Rondal, with integrated sail handling systems and Carbo-Link carbon standing rigging.

Each mast has in-boom furling, while the aft two have staysails for use when reaching. The tank and wind tunnel testing was used to verify different headsail options, particularly to determine the differences between a large blade jib versus a large staysail or yankee.

“Obviously you have better windward performance with a large blade,” says Wassen, “but as soon as you bear away the yankee is much more forgiving in trimming, so we decided that made more sense.” A further advantage is that when the yankee is part furled the sheeting point remains the same. 

Rondal’s Integrated Sailing System consists of the three carbon Panamax masts with furling booms, hydraulic boomvangs, headsail furling systems, deck winches and equipment, captive winches and continuous solid carbon standing rigging by Carbo-Link, all equipped with load sensing capabilities. Photo: Rondal

In addition, a blade jib requires much higher sheet loads to maintain leech tension. Even though Sea Eagle II is a three-masted yacht, the yankee sheet loads are still predicted to reach 18 tonnes – but this still allows standard-size captive winches to be used, rather than larger custom-made units.

The Panamax limitation obviously poses the question as to whether sail area needed to be compromised to fulfil this criteria. However, this is clearly not the case for Sea Eagle II . Hull speed is close to 20 knots and the yacht is clearly capable of surfing at much higher speeds, despite being designed as a pure cruiser. This role, of course, suggests keeping heel angles to a maximum of 10-15°. 

Nevertheless, the VPP figures suggest potential boat speeds of 17-18 knots in 16 knots of true breeze with a true wind angle of 70°. “As soon as you can ease the sheets a little bit, we have a lot of sail area,” says Wassen, “so on a beam reach, I wouldn’t be surprised if a steady 20 knots is possible.” 

Specification

LOA: 81m (266ft) Air draught: 62m (205ft) Hull: Aluminium Guest accommodation: 11 Crew accommodation: 14 Exterior styling: Dykstra Naval Architects and Mark Whiteley Design Naval Architecture: Dykstra Naval Architects Interior design: Mark Whiteley Design Classification: Lloyd’s MCA (LY-3)

First published in the April 2020 edition of Supersail World.

Who Owns Which Superyacht? (A Complete Guide)

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

We’ll also take a look at some of the most expensive superyachts in the world and the notable people behind them.

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

Table of Contents

Short Answer

The ownership of superyachts is generally private, so the exact answer to who owns which superyacht is not always publicly available.

However, there are some notable superyacht owners that are known.

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

Other notable owners include Russian billionaire Roman Abramovich and Microsoft co-founder Paul Allen.

Overview of Superyachts

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

These vessels are designed for luxury cruising and typically range in size from 24 meters to over 150 meters, with some even larger.

Superyachts usually feature extensive amenities and creature comforts, such as swimming pools, outdoor bars, movie theaters, helipads, and spas.

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

Like most luxury items, the ownership of a superyacht is a status symbol for those who can afford it.

The list of superyacht owners reads like a whos who of billionaires, with names like Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

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

While some superyacht owners prefer to keep their vessels out of the public eye, others have made headlines with their extravagant amenities.

Some of the most famous superyachts feature swimming pools, private beaches, helicopter pads, on-board cinemas, and luxurious spas.

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

These vessels come with hefty price tags that can range from $30 million to over $400 million, and feature some of the most luxurious amenities imaginable.

Notable owners include the Emir of Qatar, Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Who are the Owners of Superyachts?

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

Many of the most well-known owners are billionaires, including Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

Other notable owners include Hollywood stars such as Leonardo DiCaprio and Johnny Depp.

However, not all superyacht owners are wealthy.

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

Other notable billionaire owners include Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, and former US President Donald Trump.

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

For many superyacht owners, their vessels serve as a status symbol of wealth and luxury.

Some owners prefer to keep their yachts out of the public eye, while others have made headlines with their extensive amenities – from swimming pools and helicopter pads to on-board cinemas and spas.

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

Owning a superyacht is an exclusive club, reserved for those with the means and the desire to experience the ultimate in luxury.

Whether they are billionaires or everyday people, superyacht owners are all united in their love of the sea and their appreciation for the finer things in life.

The Most Expensive Superyacht in the World

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

His luxury vessel, the 463-foot Al Mirqab, holds the title of the world’s most expensive superyacht.

Built in 2008 by German shipbuilder Peters Werft, this impressive yacht is complete with 10 luxurious cabins, a conference room, cinema, and all the amenities one would expect from a vessel of this magnitude.

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

With a price tag of over $400 million, the Al Mirqab is one of the most expensive yachts in the world.

In addition to the Emir of Qatar, there are several other notable owners of superyachts.

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

Bezos yacht, the aptly named The Flying Fox, is one of the longest superyachts in the world at a staggering 414 feet in length.

The Flying Fox also comes with a host of amenities, such as a helipad, swimming pool, spa, and multiple outdoor entertaining areas.

Bezos also reportedly spent over $400 million on the vessel.

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

There are also many lesser-known owners, such as hedge-fund manager Ken Griffin, who owns the $150 million Aviva, and investor Sir Philip Green, who owns the $100 million Lionheart.

No matter who owns them, superyachts are sure to turn heads.

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

Whether its the Emir of Qatar or a lesser-known owner, the worlds superyacht owners are sure to make a statement.

Notable Superyacht Owners

When it comes to the wealthiest and most luxurious owners of superyachts, the list reads like a whos who of the worlds billionaires.

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

Aside from the Emir, other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

All of these owners have made headlines with their extravagant vessels, which are typically priced between $30 million and $400 million.

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

Some owners opt for more extravagant features, such as submarines, personal submarines, and even their own personal submarines! Other owners prefer to keep their vessels out of the public eye, but for those who prefer a more showy approach, they can certainly make a statement with a superyacht.

No matter who owns the vessel, it’s no surprise that these superyachts are a status symbol among the world’s wealthiest.

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

What Amenities are Included on Superyachts?

Owning a superyacht is a sign of wealth and prestige, and many of the worlds most prominent billionaires have their own vessels.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, while other notable owners include Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos.

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

Superyachts come with all the comforts of home, and then some.

Many owners will equip their vessels with swimming pools, helicopter pads, on-board cinemas, spas, and other luxury amenities.

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

Some owners opt for modern, sleek designs, while others prefer a more traditional look.

Many of the most luxurious yachts feature marble floors, walk-in closets, and custom-made furniture.

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

Other amenities may include a library, casino, media room, and private bar.

When it comes to outdoor amenities, superyachts have some of the most impressive features in the world.

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

Some owners even opt for hot tubs or jacuzzis for relaxing afternoons in the sun.

And, of course, there are the jet skis, water slides, and other exciting water activities that come with many of these vessels.

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

From the sleek interiors to the luxurious outdoor features, these vessels provide a unique, luxurious experience that is unrivaled on land.

Whether you’re looking for a relaxing escape or an exciting adventure, a superyacht is sure to provide.

How Much Do Superyachts Cost?

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

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

So, if youre in the market for a superyacht, youre looking at an investment that could easily break the bank.

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

Generally, the larger the yacht, the more expensive it will be.

Superyachts typically range in size from 100 feet to over 200 feet, and they can be as wide as 40 feet.

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

Amenities also play a significant role in the cost of a superyacht.

While some owners prefer to keep their yachts out of the public eye, others have made headlines with their extensive amenities.

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

The more amenities a superyacht has, the more expensive it will be.

Finally, customization is another major factor that will drive up the cost of a superyacht.

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

From custom furniture and artwork to lighting and audio systems, the cost of a superyacht can quickly escalate depending on the level of customization.

In short, the cost of a superyacht can vary widely depending on its size, amenities, and customization.

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

No matter what your budget is, its important to do your research and find out exactly what youre getting for your money before signing on the dotted line.

Keeping Superyachts Out of the Public Eye

When it comes to owning a superyacht, some owners prefer to keep their vessels out of the public eye.

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

For instance, some superyacht owners opt to keep their vessels in private marinas, away from the public areas of larger ports.

Additionally, some yacht owners may choose to hire security guards to patrol and protect their vessels while they are moored or sailing.

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

For example, a yacht owner may choose to install a satellite-based communications system that allows them to keep their vessel completely off-radar.

This system works by bouncing signals off satellites rather than transmitting them, making it virtually impossible for anyone to track the yachts movements.

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

For instance, the owner may only allow family members and close friends to board the yacht.

Additionally, the owner may choose to employ a limited number of staff to help maintain the vessel and keep it running smoothly.

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

Overall, while some superyacht owners may choose to keep their vessels out of the public eye, there are still plenty of other ways to show off the opulence associated with owning a superyacht.

From swimming pools and helicopter pads to on-board cinemas and spas, there are many luxurious amenities that can make a superyacht the envy of any jet setter.

Final Thoughts

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

From the Emir of Qatar’s world-record breaking $400 million yacht to Microsoft co-founder Paul Allen’s vessel with a helicopter pad and on-board spa, the amenities of these luxury vessels are truly stunning.

With prices ranging from $30 million to over $400 million, owning a superyacht is an expensive endeavor.

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

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Passengers on Mike Lynch’s yacht were likely asleep when storm hit, prosecutor says

The victims of the Bayesian’s sinking were likely either asleep or tried to escape to no avail as Mike Lynch’s yacht went down in minutes during bad weather, prosecutors in Sicily said as they announced a probe for manslaughter and negligent shipwreck.

The dynamic of what happened to those killed isn’t fully clear, deputy prosecutor Raffaele Cammarano told reporters on Saturday. Autopsies are due to take place soon. 

“Their position could lead us to think that they tried to escape, but this isn’t demonstrable in a preliminary phase,” he said of the bodies, found inside the ship, on the side closest to the surface. “The bodies might also have been grouped there, floating.”

“The passengers likely weren’t awake,” when the storm struck in the early hours of the morning, he added.

Authorities in Sicily have opened a manslaughter and negligent shipwreck probe into the Aug. 19 sinking of British tech tycoon Mike Lynch’s yacht, chief prosecutor Ambrogio Cartosio   said at the same briefing.

There are currently no suspects, he said at a press conference in Termini Imerese, with the probe being conducted against “persons unknown.” 

Cartosio, who said prosecutors aren’t ruling anything out, expressed sympathy for the families of the seven victims, saying it would be “even more painful” if the probe showed the wreck was caused by not following procedures properly.

The wreck’s survivors – including the ship’s captain, crew and passengers – weren’t tested for alcohol or drugs, Cammarano said, adding that first aid was the priority, including tending to some “serious” wounds among survivors “in a state of shock.”

Prosecutors had kept quiet in recent days about the developing probe, with Cartosio explaining on Saturday that communications on the matter were strictly regulated by Italian law, despite significant interest domestically and internationally in the death of Lynch, the 59-year-old British tech tycoon, and six others. 

Coast guard admiral Raffaele Macauda said the owners of the ship had announced their intention to retrieve the relic from the seabed, and that the costs would come at their expense. It wasn’t clear when this would happen, he said. But Cartosio said it was a fundamental step in the investigation.

The prosecutor said the emergency began at 4:38 a.m. local time, when a red flare was launched and seen by the coast guard.  

Divers from the local firefighter corps spent most of the week attempting to retrieve six bodies stuck inside the ship, which sank to a depth of about 50 meters (164 feet) about a half mile off the coast of Porticello. The body of a seventh victim, the yacht’s chef, had been retrieved earlier. 

Cammarano said the probe had so far focused on those who’d been rescued alive. It wasn’t clear whether the ship had the equivalent of a black box, he said, with access made significantly more difficult by the position of the sunken relic. He added a crew member had been on duty, as required by procedure, when the “truly sudden” storm, or “more likely a downburst,” struck the luxury vessel.  

Speculation has surrounded the incident, with the chief executive officer of the company that made the yacht, Italian Sea Group, positing that human error was involved. It was clear the ship had taken on water and that its electrics failed, Giovanni Costantino  told Bloomberg News in an interview .

UK authorities are also probing the incident.

AIS data, a tracking system used by ships, shows the Bayesian started to drift from anchor just before 4 a.m., traveling for about five minutes for about 360 meters to the spot where it eventually sank about 15 minutes later, Costantino said. 

The coast guard on Saturday said there were no bans on being at anchor where the Bayesian was situated. Prosecutors declined to say whether any of the hatches were open, which could allow the yacht to quickly take on water, saying this would prejudge the probe.

Cammarano added that James Cutfield, the New Zealand captain of the Bayesian, had been “very collaborative” in answering prosecutors’ questions. Cartosio said it was “likely” he would have to answer more questions.

The 56-meter long Bayesian had been carrying 22 passengers and crew, of whom 15 were rescued, including Lynch’s wife, Angela Bacares. 

Girolamo Bentivoglio Fiandra, from the firefighting unit, told reporters that the first five bodies were retrieved from a cabin on the left-hand side of the ship, closest to the water.

The final body – that of Lynch’s 18-year-old daughter Hannah, was retrieved on Friday in the third cabin on the left-hand side, “all on the high side of the ship, toward the surface” of the sea, he said.

Lynch and his family had been celebrating his recent acquittal from fraud charges with a small group of advisers when the violent storm struck. The charges stemmed from Lynch’s sale of his software firm Autonomy Corp. to Hewlett Packard Co. in 2011. The Silicon Valley giant went on to accuse Lynch of accounting failures. He’d spent years working to clear his name in court and restore his reputation as one of Europe’s most successful entrepreneurs.

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An American billionaire is visiting Toronto on his fancy $75 million superyacht

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A striking display of personal wealth is turning heads on Toronto's waterfront, with an American billionaire's luxury superyacht currently moored at Harbourfront.

The personal yacht of U.S. billionaire Jay Schottenstein, who serves as chairman and CEO of Schottenstein Stores Corporation, American Eagle Outfitters and American Signature, has been spotted on the waterfront.

Schottenstein, with an estimated net worth of at least $1.5 billion USD and a family net worth of approximately $2.8 billion USD, is the owner of a 200-foot luxury superyacht called Just J's, which comes with an outlandish list of features few of us normies could dream of.

Just J’s, Jay Schottenstein, CEO of American Eagle Outfitters Yacht @ Lakeshore. August 22 2024. by u/TerryLeeee in toronto

Constructed at Dutch shipyard  Hakvoort  and delivered to Schottenstein in 2016, the luxury vessel is valued at $75 million USD and is estimated to cost roughly $7 million USD per year in maintenance costs.

The yacht is designed with a capacity for 12 guests and a crew of 16, and comes with some pretty impressive features fit for the billionaire lifestyle.

Amenities on board Just J's include a two-by-three-metre pool with a contraflow system, along with a movie room, a gym, a tender vessel, and even large gullwing doors that open on either side of the yacht, where jet skis can be launched.

The yacht's name is a play on the Schottenstein family's naming convention, where all members have names beginning with the letter 'J.' After Jay married his wife Jeanne, they went all in on the letter with three sons named Joseph, Johnathan and Jeffrey. The tradition has extended to Schottenstein's grandchildren, who are named Jacob and Jonah.

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