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Superyacht swallowed by ocean off Sicily
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2024-08-20 at 7:55 AM UTC
Bayesian
Mike Lynch and daughterSix people are missing, including a man dubbed the British Bill Gates, after a luxury yacht sank off the Sicilian coast.
https://www.abc.net.au/news/2024-08-20/what-we-know-about-mike-lynch-bayesian-sinking/104245450
Fifteen people escaped from the sinking vessel. The search for the missing continues.
The Italian coastguard said the yacht — the Bayesian — was anchored off the shore of port city Porticello, near the Sicilian capital Palermo, when it was hit by bad weather sometime after 4am on Monday, local time.
Eyewitnesses said it vanished quickly beneath the waves shortly before dawn.
Managers of the sailing vessel Bayesian, Camper & Nicholsons, confirmed to the ABC that the Bayesian encountered severe weather and subsequently sank.
"Our priority is assisting with the ongoing search and providing all necessary support to the rescued passengers and crew," they said.
"The wind was very strong. Bad weather was expected, but not of this magnitude," a coastguard official told Reuters.
Sicily's civil protection agency head, Salvo Cocina, said a waterspout — a tornado over the water — could have struck the yacht.
"They were in the wrong place at the wrong time," Mr Cocina added.
Storms and heavy rainfall had swept down Italy in recent days after weeks of scorching heat, lifting the temperature of the Mediterranean Sea to record levels and raising the risk of extreme weather conditions, experts told Reuters.
"The sea surface temperature around Sicily was around 30 degrees Celsius, which is almost 3 degrees more than normal.⁽ᴼᵇᵇᵉ ʷᵃˢ ʳᶦᵍʰᵗ ᵃᵇᵒᵘᵗ ᵉᵛᵉʳʸᵗʰᶦⁿᵍ⁾ This creates an enormous source of energy that contributes to these storms," meteorologist Luca Mercalli said.
Captain Karsten Borner of the Sir Robert Baden Powell vessel told journalists he noticed the Bayesian nearby during the storm, but after it calmed he saw a red flare and realised the ship had simply disappeared.
Mr Borner said he and a crew member boarded their tender and found a lifeboat with 15 people, some of them injured, who they then took aboard and alerted the coast guard.
Search crews, including helicopters and divers, are continuing to search the wreckage, lying at a depth of 49 metres.
Specialist divers reached the ship on Monday but access was limited due to objects in the way, the fire brigade said.
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Still missing:
Mike Lynch
Mr Lynch's 18-year-old daughter, Hannah
Jonathan Bloomer, chairman of global financial services company Morgan Stanley International
Chris Morvillo, a lawyer at the British multinational law firm Clifford Chance. He worked on Mr Lynch's lawsuit against Hewlett-Packard
The identities of the remaining two missing are still unconfirmed
Fifteen people escaped from the sinking ship.
Eight have been hospitalised and others were taken to a nearby hotel.
Among those rescued were:
Mr Lynch's wife, Angela Bacares, who was the owner of the yacht
Charlotte Golunski and her one-year-old daughter, Sofia. Ms Golunski is a partner at Mr Lynch's firm, Invoke Capital. She says she momentarily lost hold of Sofia in the water but managed to hold her up above the waves until the lifeboat was inflated
Ms Golunski's husband James Emslie
New Zealand captain of the yacht James Catfield. He told Italian newspaper La Repubblica the crew didn't see the storm coming
A lone Dutch citizen was identified by the Dutch foreign ministry as being rescued, but was not identified
Mr Lynch, once hailed as Britain’s king of technology, was recently freed from a Silicon Valley lawsuit that tarnished his legacy.
The 59-year-old Cambridge-educated mathematician created Autonomy, a search engine that could pore through emails and other internal business documents to help companies find vital information more quickly.
He then sold the software to Hewlett-Packard (HP) for $US11 billion ($16 billion) in 2011, with Mr Lynch personally netting $US800 million.
HP valued Autonomy at $US46 billion ($68 billion) in the months leading up to the deal.
Mike Lynch in 2019 leaving the High Court in London. (Reuters: Henry Nicholls/File Photo)
But the deal quickly turned sour after he was accused of forging the software's financial records to make the sale. -
2024-08-20 at 8:10 AM UTCgood
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2024-08-20 at 8:26 AM UTC
On 18 August 2011, Hewlett-Packard announced that it would purchase Autonomy for US$42.11 per share with a premium of around 79% over market price that was widely criticized as "absurdly high"
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On 3 October 2011 HP closed the deal, announcing that it had acquired around 87.3% of the shares for around $10.2 billion, and valuing the company at around $11.7 billion in total.
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In November 2012, Hewlett-Packard announced that it was taking an $8.8 billion accounting charge after claiming "serious accounting improprieties" and "outright misrepresentations" at Autonomy
You kinda wonder do these managers at places like HP bleed their companies out on purpose? -
2024-08-20 at 8:39 AM UTC
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2024-08-20 at 2:19 PM UTC
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2024-08-20 at 2:21 PM UTC
Originally posted by Donald Trump https://www.superyachttimes.com/yachts/bayesian
I'll probably never even be on a super yacht.
dont fret.
getting on an airplane in economy class offers you almost the same luxurious odd at getting killed as while yatching.The following users say it would be alright if the author of this post didn't die in a fire! -
2024-08-20 at 2:31 PM UTC
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2024-08-20 at 2:32 PM UTCnot vinny tho.
all asians just look alike.The following users say it would be alright if the author of this post didn't die in a fire! -
2024-08-20 at 2:34 PM UTC
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2024-08-20 at 2:49 PM UTC
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2024-08-20 at 2:52 PM UTC
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2024-08-20 at 3:08 PM UTC
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2024-08-20 at 3:45 PM UTCI like when ultra rich people die from the environment. Makes me feel more equal.
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2024-08-20 at 4:46 PM UTC
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2024-08-23 at 5:19 AM UTCOxymoron, the new color safe moron.
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2024-08-23 at 5:58 AM UTCmoron oxide
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2024-08-23 at 8:09 AM UTC>the Bayesian
If there's one good thing to come of this, it's that I'm updating my priors wrt the safety and placidity of the Mediterranean.The following users say it would be alright if the author of this post didn't die in a fire!
