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Classic Yachts For Sale

This listing shows yachts that are currently identified as being for sale. Please note that this information is provided as a service to the classic yacht community -- we are NOT brokers, so please do not contact us regarding these yachts for sale. Instead use the link provided and contact the owner or broker directly.

CYA Members: If you know of a boat that should be included here, or one that has sold and should be deleted, please contact us here . Include ad text with boat name, location, current photo(s), price, and preferred contact method.

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CYA
1956 32' Lake Washington Boat Yard 07/28/24
1928 34' LaBruzzi 07/22/24
1928 42' Lake Union Drydock 07/17/24

2008 36' Northwest School of Wooden BoatBuilding 07/01/24

1931 36' Jensen Motorboat Company 06/21/24

1970 49' GB 06/20/24

1969 42' GB 06/20/24
1966 44' 06/11/24
1965 38' Chris Craft Constellation Tri Cabin 06/05/24
1961 60' Vic Franck Boat Co. 05/20/24

1941 65' Sheldon Jackson College 04/10/24

1953 52' Chris Craft 03/30/24
1952 18' Chris Craft Riviera 03/29/24
1941 36' Stephens Brothers 03/08/24

1926 62' Elco 03/01/24

1930 49' Dawn Boat and Shipbuilding Corp. 02/06/24
02/05/24

1965 57' Chris Craft Constellation - Flush Deck Motoryacht 02/01/24
1958 45' Stephens Brothers 12/31/23
1961 60' Stephens Bros. 12/15/23

1946 46' Grandy 11/17/23

1930 36' Blanchard Boat Co. 09/25/23

1942 65' Blanchard Boat 09/02/23

1961 41' Chris Craft 07/31/23
1993 18' Simon Fletcher, Fletcher Boats, Inc. 07/17/23
1946 42' Hubert Ellis 06/16/23

1933 43' Stephens Brothers 04/08/23

1935 76' Fenner and Hood 04/06/23

1981 47' Ron Bell 04/06/23

1932 78' New York Yacht, Launch & Engine Co. 04/05/23

1929 85' Hoffar-Beeching 04/01/23
1947 43' Blanchard 04/01/23
1947 42' Owens 03/31/23
1966 50' McQueen Boatworks 01/05/23
1930 43' Stephens Bros 12/23/22
1908 58' Anderson Boat Yard 10/25/22

1936 44' Walter Bezanson 10/24/22

1936 59' Walton Hubbard Jr. 10/20/22

1931 46' Herreshoff Mfg 04/01/21

1937 47' Star Shipyards 10/05/20

1935 85' Mathis Trumpy 03/23/20

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weatherbird classic sailing yacht

8 of the finest classic yachts for sale

With colourful stories and old-world charm, classic yachts offer a chance to own a rare and valuable piece of maritime history. BOAT handpicks eight of the finest classic yachts currently listed for sale .

Builder: Uljanik Length: 54.1m Year: 1952

Part of the “Six Poets” series by the Croatian shipyard, Seagull II ’s name is inspired by author and former President Vladimir Nazor. She served 50 years as a coastal passenger ship, a crucial mode of transport in the 50s that connected the cities of Dubrovnik, Rijeka, Kotor and Split. At the time, she was licensed to carry an impressive 700 passengers. A complete rebuild from 2004 to 2005 ushered in a renaissance for Seagull II , transforming her into a popular charter yacht. Bono and Henrik Christian, the crown prince of Denmark, are counted among her famous guests.

Seagull II is asking €5,900,000 with Fraser .

Northern Sun

Builder: Narasaki Shipbuilding Length: 51m Year: 1976

Delivered under the name Hokko Maru (“Northern Light”), this expedition vessel was the largest yacht built by Narasaki Shipbuilding at the time. It has lived an eclectic life, from working as an ice-class research vessel analysing currents in the North Japan sea, to travelling for ten years across Southeast Asia as a private superyacht with American owners, to becoming one of the most popular charter yachts cruising Thailand today, according to Ocean Independence. Northern Sun will be taking on her breakout television role this July as the star yacht of Below Deck Down Under season two.

Northern Sun is asking $15,000,000 with Ocean Independence .

Builder: HMA Naval Dockyard Length: 50m Year: 1973

Built in 1973, Plan B 's ‘Plan A’ was joining the military. Known then as HMAS Flinders , she served Royal Australian Navy’s hydrographic survey fleet for over 20 years. Later, she was decommissioned and turned into a private expedition vessel, cruising extensively to the Arctic Circle, Patagonia, New Zealand, Galapagos Islands, Easter Islands and Myanmar. Plan B's heavy-duty credentials are still evident in her militaristic profile and the Airbus H145 helicopter stowed on her sundeck, complete with refuelling capabilities for longer passages. All major machinery and systems have been upgraded, including a full rebuild of the main engines between 2018 and 2019.

Plan B is listed by Christie Yachts with POA.

Builder: Denizcilik Length: 39m Year: 1975

Custom built in Turkey, Trafalgar enjoyed a spell of fame when, under her previous name of Moonmaiden II , she appeared in the James Bond film The Living Daylights. In the opening sequence, Timothy Dalton parachutes onto Trafalgar , meeting Bond girl Linda (played by Belle Avery) and delivering the classic (read: cheesy) line: "Better make that two". Trafalgar was taken to the UK in 2016 for an extensive refit and rebuild. This saw her technical system upgraded and her interiors refreshed with satin-finish French mahogany furniture.

Trafalgar is asking €2,350,000 with Ocean Independence .

Weatherbird

Builder: Chantier Naval De Normandie Length: 31m Year: 1931

Weatherbird was designed by Henri Rambaud and her captain Vladimir Orloff, a Russian aristocrat who fled to France after the murder of his father by the Bolsheviks. This twin-masted schooner caught the tail-end of 1920s prosperity, entertaining cultural icons such as F. Scott Fitzgerald, Ernest Hemingway and Coco Chanel in revelries along the French Riviera. Louis Armstrong was also a guest, after whom the sailing yacht was named – in fact, a copy of his “Weatherbird” rag record was symbolically melded into the keel mid-build. Commissioned by American expatriates Sarah and Gerald Murphy, you can find a dedication to the couple on the first page of Fitzgerald’s novel Tender is the Night. In 1933, as Mussolini rose to power and the health of their son Patrick declined, the Murphys left for America, never to return. 

Weatherbird is asking €3,370,000 with Northrop and Johnson .

Fredrikstad

Builder: Smedvik Mek Length: 22.9m Year: 1968

This classic Norwegian vessel was named in honour of the citizens of Fredrikstad that commissioned and paid for her as a rescue boat in 1968. Fredrikstad saved 11 lives and performed more than 600 rescues across her 20 years in service. In 1988, the boat was decommissioned and sold to a private individual in Oslo, who used it for salvage and exploration. In 1996, she was purchased by Peter de Savary of America’s Cup fame, who stripped the boat to bare frames for a major restoration that transformed Fredrikstad into the yacht she is today. Her most recent refit was in 2021 at Cantieri Navali di La Spezia.

Fredrikstad is asking €850,000 with Fraser .

Builder: Herreshoff Length: 21.9m Year: 1926

Rugosa is a New York Yacht Club 40, the most coveted model in Herreshoff’s NYYC One-Design series. Built as a yawl, she has proven herself a hardy and accomplished racer, winning the 1928 Bermuda Race under the ownership of Russell Grinnell and famously beating 58 top classics in the 2001 Americas Cup Jubilee in Cowes. Her most tenured owner is Halsey Herreshoff, the grandson of her designer, who cruised and raced extensively on Rugosa across 30 years and several continents, including the USA and Europe.

Rugosa’s most recent major refit was in 2007. Another refit is expected by the next custodian in order to bring her back to her prime condition.

Rugosa is asking €475,000 with Edmiston .

Builder: Souters of Cowes Length: 14.9m Year: 1963

Outlaw was famously owned by Maxwell Aitken, WWII fighter pilot and president of the Daily Express. In her very first season, this cold-mould yacht led the British Admiral Cup team to victory and was the overall winner of the Royal Ocean Racing Club's Class I Points Series. Starting as she meant to go on, Outlaw achieved a remarkable string of victories, including finishing as the first British boat in the 1967 Fastnet Race. She was found abandoned in 1983 by her current owner but an 18-month refit saw her rejuvenated and ready to cruise warmer waters. Outlaw spent six years travelling across Portugal, Gibraltar and the Balearics before finally settling down on the Côte d’Azur in 1989. This sailing yacht is still well-known on the Med circuit, most recently winning the Panerai Overall Classic Trophy in 2005. She has also successfully completed two transatlantic crossings.

Outlaw is asking €250,000 with Edmiston .

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Moana Yatching-01

Classic Yacht for Sale

A more civilized era, a gentleman's yacht, classic yachts, madiz €9,750,000 | 55.4m.

€9,750,000| 55.4m 1902 AILSA SHIPBUILDING CO. Mega Yachts

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O REMINGTON €690,000 | 28.6m

O remington.

€690,000| 28.6m 1946 CUSTOM BUILT Mega Yachts

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M/V UNION JACK 80 HERITAGE TUG €1,078,272 | 24.38m | 12 Guests

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€1,347,840| 22.85m | 4 Guests 1930 CONSOLIDATED Mega Yachts

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54 Irwin 1990 Boat For Sale

Asking price: $375,000.

  • Yachts for sale
  • 54' Irwin

Last updated Feb 13, 2024

54' Irwin 1990

A Rare GemRefreshing to find a boat that is lavishly maintainedand constantly upgraded 

VIEW THE 360 DEGREE VIRTUAL TOURThe Irwin 54 is one of the most popular sailing yachts over 50' ever built. Find out why

For over 20 Years, the current owner had an open check book tocontinually upgrade and lovingly care for this amazing yacht 

Over 250 Irwin 52’s and 54’s were built. First introduced in 1976, The Irwin 52 quickly became the  most  popular cruising center cockpit sailboat on the market.  In 1988, the boat evolved into the Irwin 54 with a major redesign of the hull, deck and interior. “Patience“ is one of the last Irwin 54’s and possibly the best ever built.

“Patience” was ordered new by her original owner in 1989 and commissioned in 1990. The concept was to utilize the basic clever design and create a vessel of not just outstanding beauty, but also a yacht that is flawlessly executed and engineered to a standard normally seen only in larger vessels. The spectacular result is not only a "go anywhere" yacht, but also one of absolute luxury, total privacy and short-handed style.

The second owner purchased "Patience" for a two year Caribbean cruise and then sold  her to the  current owner.Current owner has owned this boat for the past 20 years!

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Preferred Yachts.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

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54' Irwin HIGHLIGHTS

  • Yacht Details: 54' Irwin 1990
  • Location: Saint Petersburg, FL
  • Engines: Yanmar
  • Last Updated: Feb 13, 2024
  • Asking Price: $375,000
  • Max Draft: 12' 6''

54' Irwin additional information

  • Beam: 15' 4''
  • Hull Material: Fiberglass
  • Displacement: 46,000 lb
  • Fuel Tank: 1 x 340|gallon
  • Fresh Water: 1 x 480|gallon
  • Single Berths: 8

A Rare Gem Refreshing to find a boat that is lavishly maintained and constantly upgraded 

VIEW THE 360 DEGREE VIRTUAL TOUR The Irwin 54 is one of the most popular sailing yachts over 50' ever built. Find out why

For over 20 Years, the current owner had an open check book to continually upgrade and lovingly care for this amazing yacht 

Over 250 Irwin 52’s and 54’s were built. First introduced in 1976, The Irwin 52 quickly became the  most  popular cruising center cockpit sailboat on the market.  In 1988, the boat evolved into the Irwin 54 with a major redesign of the hull, deck and interior. “Patience“ is one of the last Irwin 54’s and possibly the best ever built.

“Patience” was ordered new by her original owner in 1989 and commissioned in 1990. The concept was to utilize the basic clever design and create a vessel of not just outstanding beauty, but also a yacht that is flawlessly executed and engineered to a standard normally seen only in larger vessels. The spectacular result is not only a "go anywhere" yacht, but also one of absolute luxury, total privacy and short-handed style.

The second owner purchased "Patience" for a two year Caribbean cruise and then sold  her to the  current owner. Current owner has owned this boat for the past 20 years!

Interior Description

“Patience” sleeps six persons in three private cabins, excluding the main salon, with optional sleeping space in workroom.

She has a stunning interior that really has to be seen to be fully appreciated. (See the 3D Virtual Tour) She was designed and then customized around luxury, quality and functional elegance. The interior is truly gorgeous and maintained in show condition at all times.

Starting forward is VIP Stateroom with centerline queen berth.

Next aft to starboard is the Guest Cabin with a double berth.

The Guest Head is to port and features a separate shower stall and a separate door to the Vip Stateroom and another door that opens into the hallway. 

The huge raised Main Salon features large fixed ports, offering a panoramic view outside. To starboard is another  “L” shaped settee and dining table. Next aft is a desk and breakfast bar.To port is a  “L” shaped settee followed by a large Chart Table. Here is located the electronic switches for AC and DC Systems. A large flatscreen TV is located above and navigation instuments are outboard. An eight bottle wine cooler is located below.

Next aft and down two steps is the Galley. The galley on “Patience” will appeal to any cruising gourmet and is equivalent in size to what you'd expect on boats much larger. The galley provides ample counter space, cabinets and drawers for storage. Opposite the galley is the separate laundry room and complete walk-in workshop. 

  • Full size upright refrigerator with separate top loading freezer (Grunert  120 volt with holding plates)
  • Force 10 3-burner stove with oven (gimbaled)
  • Toaster Oven
  • G.E. full size microwave
  • Built in automatic coffee maker
  • Built in Ice Maker
  • “Blanco” sink with trash chute and cutting board
  • PG safety solenoid valves with leak detector

Across from the galley is the Workshop and Laundry Room. The work bench has cushions to create another berth. The captain and crew are kept in clean clothes by using the full size Miele, 220V, high quality washer and dryer.

The Owner's Stateroom features a centerline queen berth, large hanging locker and numerous drawers and cabinets.

The en-suite Owner's Head has a separate stall shower/tub.

At Chart Table

  • Garmin GPS with color chart plotter, anemometer and sonar 
  • Built-in ICOM SSB radio
  • Built-in Simrad VF radio with wireless remote
  • Four Midland handheld radios
  • Garmin GPSmap XSV chartplotter with radar and sonar
  • RaymarineWindspeed and Direction
  • Raymarine Depth Sounder
  • Raymarine Multifunction Display
  • Raymarine Autopilot 
  •  Garmin Multifunction Display
  • Fusion Radio Control
  • Garmin Radar with mast mounted closed array antenna
  • Raymarine Steering Pedestal Mounted anemometer
  • Raymarine Steering Pedestal Mounted Repeater
  • TCI TV and Sony DVD in Main Salon
  • Samsung TV in forward VIP stateroom, LG DVD player
  • Polariod TV and LG DVD in forward guest room
  • Haier 120 VDC Wine Cooler
  • Fusion stereo Main Salon
  • Fusion stereo in Cockpit
  • Samsung TV and Insignia DVD in aft stateroom
  • Omnidirectional and Satellite TV antennas
  • Engine: Yanmar  4HL-HTE 140 hp turbo diesel engine was rebult in 2017 and shows about 670 Hours
  • Generator : Phaser K4-15 KW  Generator was replaced
  • Spectra Water maker 
  • Vetus 24 Volt DC Thruster
  • Windlass Lighthouse 24 Volt DC
  • Dinghy Davit TNT 24 Volt DC
  • 120 VAC Miele clothes washer/dryer combination

12 Volt System

  • (2) 31 AGM starting batteries for engine and generator
  • (2) 4D house batteries

24 Volt System

  • Group T105 like 6 Volt batteries connected in series

Promariner Pronautic 1260P 12VDC/60 AMP marine grade battery charger digital display in chart table area

 50 Amp Shore Power cord 

  • Promariner Pronautic 1260P 12 Volt Marine Battery Charger
  • 24 Volt Marine Battery Charger
  • Promariner Promar digital display at the chart table
  • Spectra Cape Horn 12 Volt DC Watermaker
  • Water Heater 20 Gallon

The current owner decided to remove the Hood Stoway mast and upgrade the mast and rigging to a custom Seldon mast with a hydraulic furling system around 2010. He has an impressive above deck rig that rivals vessels of a much larger size and higher price range. A lot of thought by the experienced owner went into making “Patience” easy to sail by a couple and enhance the performance.

  • Hydraulic main sail
  • Hydraulic roller furling on Genoa
  • Roller furling on staysail
  • Running rigging for staysail
  • Navtec hydraulic adjuster
  • Whisker Pole
  • (2) #36 Barient 24V electric primary winches (with controls at winch and helm)
  • #27 Barient hydraulic main sheet (with controls at winch and helm)
  • (2) #21 Barient self tailing halyard winches

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News | World

Mike Lynch 'tried to sell superyacht months before sinking which claimed his life'

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Mike Lynch considered selling his superyacht months before it sank off the coast of Sicily but changed his mind after his acquittal, according to a report.

The tech tycoon, 59, was among six people who died when his superyacht , named the Bayesian, sank at around 5am on Monday near Porticello during a tornado.

Mr Lynch had put the £30 million yacht up for sale in March this year but withdrew it from the market in July, the Telegraph reported.

He had planned to spend the summer on board the boat and then review the decision to sell in the autumn, industry sources told the newspaper.

Mr Lynch, who founded software giant Autonomy in 1996, was cleared in June of carrying out a massive fraud relating to its £8.64 billion sale to US company Hewlett Packard. The boat trip was a celebration of his acquittal.

Following the ruling, Mr Lynch said he was "elated" and looking forward to returning to his family and his estate in Suffolk.

Mr Lynch, his daughter Hannah, Morgan Stanley International bank chairman Jonathan Bloomer, his wife Judy Bloomer, Clifford Chance lawyer Chris Morvillo, and his wife Neda Morvillo were lost when the Bayesian sank.

His wife, Angela Bacares, 57, survived the disaster.

Fifteen people including a one-year-old baby escaped the tragedy on a lifeboat.

The body of Canadian-Antiguan national Recaldo Thomas, who was working as a chef on the yacht, was recovered at the scene of the sinking on Monday.

Inspectors from the Marine Accident Investigation Branch (MAIB) are looking into what happened because the Bayesian was flying a British flag .

Prosecutors in the nearby town of Termini Imerse have also opened an investigation into the tragedy.

Giovanni Costantino, founder and chief executive of The Italian Sea Group, has described the Bayesian as “one of the safest boats in the world” and denied suggestions that the boat’s construction was at fault.

Meanwhile on Thursday, the Bloomer family described the couple as “incredible people and an inspiration to many".

They said: "We are grieving for our loved ones and all of those affected by the tragedy.

"Our parents were incredible people and an inspiration to many, but first and foremost they were focused on and loved their family and spending time with their new grandchildren.

"Together for five decades, our only comfort is that they are still together now.

"This is an unimaginable grief to shoulder."

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Orlando Sentinel

Crime and Public Safety | 15-year-old accused of murder in Sanford…

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Crime and public safety | election results: florida primary and central florida races, crime and public safety | 15-year-old accused of murder in sanford shooting over online headphones sale.

old superyachts for sale

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Dmitri Kostyunin was sentenced to life in prison for sexual battery of an Italian exchange student who lived with him in Mount Dora.

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Five bodies found inside superyacht that sank off Sicily

PORTICELLO, Sicily — Divers recovered four bodies Wednesday from inside a superyacht that sank in a sudden storm off Sicily , Salvatore Cocina, director of the island's Civil Protection Agency, confirmed to NBC News.

Cocina later confirmed to Sky News that a fifth body had been found and was being brought to shore. One passenger remains missing.

The identities of the bodies were not immediately released. Their recovery follows a dayslong search in the deep waters off Italy where British tech tycoon Mike Lynch  and several others were believed to be trapped in the hull. Fifteen of the 22 people aboard survived.

The rest had been missing since early Monday, when the Bayesian was caught in the storm anchored off the coast of Porticello, a village near the Sicilian capital city, Palermo.

The body of the ship’s cook, identified as Recaldo Thomas, a Canadian Antiguan national, was recovered Monday. 

On Wednesday, NBC News witnessed what appeared to be at least three body bags being lifted from fire department boats after they pulled into port at Porticello. It was unclear whose bodies they were. Some were later transferred to ambulances and driven away from the dock.

Lynch’s 18-year-old daughter, Hannah; Morgan Stanley International Chairman Jonathan Bloomer and his wife, Judy; and Clifford Chance lawyer Chris Morvillo and his wife, Neda, are also missing. 

Bayesian yacht accident in Sicily

The Bayesian is owned by a firm linked to Lynch’s wife, Angela Bacares, who was among the survivors rescued by a nearby vessel after they got into a lifeboat.

Built by the Italian shipbuilder Perini Navi in 2008, the U.K.-registered yacht could carry 12 guests and a crew of up to 10, according to online specialist boating sites. Its nearly 250-foot mast is the tallest aluminum sailing mast in the world, according to CharterWorld Luxury Yacht Charters.  

Regularly described in U.K. media as “Britain’s Bill Gates,” Lynch was  acquitted of fraud by a San Francisco jury this year, stemming from the sale of his software company Autonomy to Hewlett-Packard for $11 billion in 2011.

The Mediterranean sailing vacation was designed to be a celebration for Lynch, who brought Bloomer, who testified in his defense, and Morvillo, one of his U.S. lawyers, on the trip.

Lynch's co-defendant Stephen Chamberlain was not aboard the Bayesian, but in what appears to be a tragic coincidence, a  car struck and killed  him Saturday as he was jogging in a village about 68 miles north of London, local police said.

Claudio Lavanga and Claudia Rizzo reported from Porticello. Henry Austin reported from London.

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

Claudia Rizzo is an Italy based journalist.

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Henry Austin is a senior editor for NBC News Digital based in London.

Superyacht sinking: Jonathan and Judy Bloomer 'inspiration to many', says family after couple confirmed dead

The Morgan Stanley International bank chairman, and his wife were confirmed dead after five bodies were found by divers after the luxury yacht sank off the coast of Sicily.

Thursday 22 August 2024 21:11, UK

Judy and Jonathan Bloomer

The family of Jonathan and Judy Bloomer have described them as "incredible people and an inspiration to many" following their deaths in the sinking of a luxury yacht in Sicily.

The Morgan Stanley International bank chairman, 70, and his wife were confirmed dead after five bodies were found by divers on Wednesday - taking the number of confirmed dead to six.

The pair were on the trip with British tech entrepreneur Mike Lynch to celebrate his court victory back in June .

"We are grieving for our loved ones and all of those affected by the tragedy. We would like to express our sincere gratitude to the emergency services and everyone who helped tirelessly in this rescue operation," the family said in a statement on Thursday.

Superyacht sinks latest: Five bodies identified

"Our parents were incredible people and an inspiration to many, but first and foremost they were focused on and loved their family and spending time with their new grandchildren. Together for five decades, our only comfort is that they are still together now.

"This is an unimaginable grief to shoulder. Our only ask is that our family's privacy is respected at this time."

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Pic: Reuters

Mr Bloomer was serving as chairman of both Morgan Stanley and insurance group Hiscox at the point of his death.

The City veteran was said to have interests in sailing, rugby and music, and was also a member of the finance committee of UK children's charity NSPCC.

He was married to Ms Bloomer, a trustee and long-time supporter of gynaecological cancer research charity the Eve Appeal.

Chris and Neda Morvillo's death an 'enormous loss'

A statement from the families of Chris and Neda Morvillo, who also died in the sinking of the yacht, described them as "devoted, loving parents" whose death had been an "enormous loss".

"We are completely devastated by the passing of Chris and Neda, and our collective hearts go out to all the families who have also been affected by this senseless tragedy," the statement said.

Christopher Morvillo Pic: Clifford Chance handout

While they were "widely respected for their professional successes", their "true talents" were "that of mother and father, son and daughter, brother, sister, uncle, aunt and dear friends to so many.

"Neda and Chris lived their lives as devoted, loving parents who always put their daughters and families first.

"Their passing is a tremendous loss for our family and for the countless people who knew and loved them both.

"We extend our deepest gratitude to the Italian rescue services for their unwavering dedication and to Clifford Chance for all the support they have provided."

A partner at the law firm Clifford Chance, Mr Morvillo had been part of Mr Lynch's legal team.

'Friend and mentor to many'

Ted Pick, chief executive of Morgan Stanley, paid tribute to Mr Bloomer and sent his "deepest condolences" to all those affected by the tragedy.

"Jonathan's leadership and experience helped the firm manage a period of complex change for our international businesses," Mr Pick said.

"He has been a friend and mentor to many and we will all greatly miss his wise counsel and spirit of kindness."

Pic: Danny Wheelz

Aki Hussain, chief executive of insurance group Hiscox, added: "It was a privilege to have known Jonathan and to have benefited from his generosity and wisdom over the last year in his role as chair of Hiscox.

"His deep experience across our industry and in the broader business arena, combined with his personal values, made him both an excellent chair and a person I was proud to know and work with.

Meanwhile, Investment platform Hargreaves Lansdown - where Mr Bloomer was a former board director - described him as a "giant in financial services".

Read more: Why search of superyacht wreck has been so difficult The 'alarming' potential cause of superyacht disaster

Jonathan Bloomer is the chairman of Morgan Stanley Pic: Hiscox/ Linkedin

"His advice and support were immensely valuable to me, and he will be dearly missed."

The yacht - known as the Bayesian - sank early Monday morning after a storm hit the region.

The wreckage is now on the seabed at a depth of around 50m (164ft) off Porticello near Palermo, where it had been anchored.

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Mr Lynch, 59, was also among the dead , but his 18-year-old daughter Hannah remains missing.

Twenty-two people were on board the vessel, 15 of whom were rescued - including Mr Lynch's wife Angela Bacares and Briton Charlotte Golunski and her one-year-old daughter Sofia.

The yacht sank in a freak storm off the coast of Sicily earlier this week.

Speaking to Sky News , one of Mr Lynch's neighbours has described him as "generous, humble and full of integrity".

Ruth Leigh lived next door to Mr Lynch and his wife in Suffolk for 15 years.

She described them as "fantastic neighbours" and said the tech tycoon "never played on his position" and was "very friendly and down-to-earth" despite his fortune.

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