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VALERIE Yacht – Incredible €110M Superyacht
VALERIE yacht is an incredible 85m(278,9 ft) Superyacht currently for sale at €110,000,000. She was launched in 2011 by renowned shipbuilders Lürssen from their shipyard in Germany.
Her exterior design is from Espen Oeino and has an interior design from Reymond Langton Design.
She can accommodate 17 guests in nine cabins and 27 crew members. She was a landmark build for Lürssen at the time of her construction.
Valerie | |
85 m (279 ft) | |
17 in 9 cabins | |
27 in 13 cabins | |
Lurssen | |
Espen Oeino | |
Reymond Langton | |
2011 | |
17 knots | |
MTU | |
2.755 ton | |
US $140 million | |
US $10 – 15 million |
VALERIE yacht interior
The interior of VALERIE is detail orientated as if walking through a jewelry box, with something new to discover on every deck.
There is accommodation for 17 guests in nine cabins and 27 crew members across the six decks.
The designer, Reymond Langton Design in Bath, England, executed the yacht’s design to reflect an overall light and sunny feel with the use of walnut Macassar ebony, honey sycamore wood, and metal inlays.
There is a cozy room for massage and beauty treatments, an outdoor dining area with a lit-up fountain, and a panoramic gym with techno equipment.
The yacht’s interior reflects an excellent balance between the space for the owners, guests, and crew circulation. VALERIE also boasts a jacuzzi, a six-meter pool, and a multifunction sundeck.
The VALERIE yacht’s flowing exterior design allows for discretion and privacy for the guests, hiding the technical areas and the impressive volume of the yacht.
She has been called one of the most beautiful boats built by Lürssen . She is contracted with a steel hull and an aluminum superstructure.
The steel hull is lit up with 39 underwater lights at night. The bow and mast of the yacht give her a powerful look and feel.
Espen Oeino is the impressive designer of the exterior that was a trendsetter at the time of its build with the glass side paneling.
Specifications
The VALERIE yacht is outfitted with two 2000kW MTU 16V4000 engines that provide a cruising speed of 12,5kn and a top speed of 17kn.
She can cover 6000nm and displaces 2755GT. She has a length of 85m(278,9 ft), a draft of 3.8m(12.5 ft). She has two Quantum fin stabilizers that provide the ultimate comfort while on the water for guests.
Her engine room is in the heart of the deck and occupies two levels. She follows a Lloyds LY2 specification. VALERIE is ranked at number 134 and is the 36th largest globally.
She carries several recreational toys, including 2 10m(32.8 ft) custom Royal Denship tenders, a limo, and other landing craft.
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Lürssen’s Valerie For Sale
- Updated: May 14, 2019
IYC has been appointed central agent for the sale of the 270-foot Lürssen Valerie , with an asking price of about $189.9 million. It’s reportedly the first time this yacht has ever been on the brokerage market.
Launched from the German shipyard in 2011, Valerie has exterior design by Espen Øeino and interiors from Reymond Langton Design. She accommodates 12 guests in six staterooms, with an additional guest-quality staff cabin on the upper deck.
An elevator services all decks, and there’s a helideck along with a nearly 20-foot-long pool and hot tub. A spa, beauty salon and gymnasium are also on board.
With twin MTU 16V 4000 engines, Valerie has a reported cruising speed of 12.5 knots, and a maximum speed of 17 knots. IYC lists her range at 6,000 nautical miles.
Included in the deal: The asking price includes an on-order 33-foot Xtender and 33-foot Pascoe limousine tender, both of which will be model year 2019.
For more information, visit: iyc.com
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85m Valerie: Major Price Reduction on Lurssen Classic
By George Bains
The 85.10 metre Lurssen yacht Valerie has been relocated to the Vilanova Grand Marina in Barcelona for the winter season, where she is available for private viewings.
A recent price reduction of €10,000,000 has made Valerie the lowest priced Lurssen over 70 metres available on the market. Represented by IYC’s Richard Gray, Valerie is currently listed for a figure of €160,000,000.
Valerie, delivered by the German shipyard in 2011, recently completed a refit earlier this year that has kept her up to the impeccable standards that she is accustomed to. Valerie boasts a design penned by two industry giants, with Espen Øino responsible for the exterior styling and Reymond Langton Design creating the luxurious interior spaces of the yacht.
Often, the difference between a good yacht and a great one is in the details, and Valerie’s intricacies are exquisite, reports Sales Agent Richard Gray: “Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece. Both the interior and exterior are full of details that continue to surprise you.”
A video, released in September of this year, revealed for the first time the art deco-inspired interior in all its glory, with each of the 6 decks telling its own unique story. There is, however, no comparison to stepping on board this magnificent floating giant and taking in her ambience first hand.
Packed for adventure on the water, Valerie features a helicopter deck, huge sundeck with a 20-metre swimming pool and a garage stocked with tenders and toys. All the while, Valerie remains very much a family-oriented superyacht, catering for the perfect maritime escape.
"Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece. Both the interior and exterior are full of details that continue to surprise you." Richard Gray, IYC Sales Agent
"Spending time onboard, you begin to realize the time, effort and detail that has gone into building such a timeless masterpiece. Both the interior and exterior are full of details that continue to surprise you."
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(built as Valerie)
Delivered in 2011, 85-metre MERIDIAN A (built as VALERIE) gracefully sails the seas with her angel wings on the sun deck, designed by Espen Øino. The 14-metre beam and six decks provide an abundance of choice of spaces for relaxing and entertaining, both indoors and outdoors, all designed with discretion and privacy in mind. The interior is light and airy and inspired by Art Deco, a bespoke design by Reymond Langton. Forward-thinking during build and refits makes MERIDIAN A a timeless yacht.
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Lürssen custom Valerie Yacht for sale
Lürssen custom valerie price and sales info, lürssen custom valerie overview, lürssen custom valerie specifications.
Lürssen custom Valerie Description
Accommodation.
The Superyacht Lürssen custom Valerie luxury interior sleeps up to 14 guests in 7 staterooms. She is also capable of carrying up to 27 crew onboard to ensure a relaxed luxury yacht experience. Timeless styling, beautiful furnishings and sumptuous seating feature throughout to create an elegant and comfortable atmosphere.
Lürssen custom Valerie impressive leisure and entertainment facilities make her the ideal yacht for socialising and entertaining with family and friends.
Construction & dimensions
Lürssen custom Valerie features a Displacement Steel hull and Aluminium superstructure. She was built to classification society rules.
Lürssen custom Valerie is equipped with a Underway and at anchor stabilisation system which reduces roll motion effect and results in a smoother more enjoyable cruising experience underway.
Performance
Powered by 2 x MTU 16V4000 M60 2 х 2719 HP engines and driven by Shaft drive Superyacht Lürssen custom Valerie is capable of a top speed of 17 knots, and comfortably cruises at 13 knots. With her litres fuel tanks she has a maximum range of 6000 nautical miles economic cruising speed. Her water tanks carry litres of fresh water.
Purchase Lürssen custom Valerie
Lürssen custom Valerie is currently available for sale, to find out more about this superyacht please contact your personal lurssen yacht specialist.
Charter Lürssen custom Valerie
Lürssen custom Valerie is currently not available for charter, to find out more about this superyacht please contact your personal lurssen charter broker.
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MERIDIAN A a Lurssen Superyacht
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MERIDIAN A has 5 Photos
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If you have any questions about the MERIDIAN A information page below please contact us .
Motor yacht MERIDIAN A (ex Valerie, Firebird) is an impressive 85-metre (279') Lurssen-built vessel, superbly designed by the esteemed yacht designer Espen Oeino. With last refit in 2013, the superyacht Valerie was launched at the German shipyard Lurssen in Rendsburg in 2011.
MERIDIAN A Specifications
Type/Year: | a Lurssen Superyacht/2011 |
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Refit: | 2013 |
Beam: | 14m (45'93'') |
L.O.A.: | 85m (279') |
Crew: |
Guests: | 12 |
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Max Speed: | |
Cabins: | 6 |
Engines: | |
Cruise Speed: |
Builder/Designer: | , , , |
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Locations: | , , , , , , , |
Luxury yacht MERIDIAN A boasts beautiful interiors, designed by Reymond Langton Design. She can comfortably accommodate up to 12 guests in 6 beautifully appointed cabins.
Lloyds registered, Valerie yacht features a displacement steel hull and aluminium superstructure, with teak decks.
Yacht Accommodation
A total number of 12 guests can be accommodated aboard Valerie superyacht in maximum comfort. She boasts 6 lavish cabins.
Amenities and Extras
We do have available further amenity, owner and price information for the 85m (279') yacht MERIDIAN A, so please enquire for more information.
MERIDIAN A Disclaimer:
The luxury yacht MERIDIAN A displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.
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"I once had a client who told me, “I will put your name on the side of my boat if it’s good, but if the boat is not good, your name will appear three times as big.” We were brought up with the sense that it is a very personal obligation for the family when we sign a contract to deliver a yacht that the client expects. I cannot go to a client and say “One of my guys made a mistake.” He would say “Is he Mr. Lürssen, or are you Mr. Lürssen?” But a successful delivery is also a great reward. I take the relationships of my clients very personally." - Peter Lürssen of Lürssen Yachts (courtesy SuperYachtTimes)
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M/Y VALERIE 85m Super Yacht by Lürssen Yachts
- €110,000,000
- stefan katafai
- View Listings
M/Y VALERIE 85m Super Yacht by Lürssen Yachts Project Firebird was launched, completed summer 2011
Valerie was delivered in 2011 with her latest refit in 2019, and has had the same owner since new. Designers Reymond Langton have taken full advantage of her impressive volume of 2,755GT to create an expansive interior accommodating 12 guests in six cabins, with an additional guest-finished cabin for staff on the upper deck. Guest cabins consist of a master suite forward on the main deck, two VIP suites on the upper deck and three doubles on the main deck. All guest cabins come with entertainment centres, television screens and en suite bathroom facilities while the crew quarters sleep 22 staff aboard this yacht for sale.
Built in steel and aluminium by German yard Lurssen to a design by Espen Oeino and Lloyds classed, Valerie was delivered in 2011 with her latest refit in 2019
This is the same the team behind another successful Lürssen superyacht Kismet.
The Valerie yacht (ex Firebird) is flagged in the Cayman Islands and she has twin Caterpillar diesel engines.
VALERIE carries a 2010 10m Royal Tender Limo, a 2013 10m Royal Tender Landing Craft and a 6.33m Fassmer FRB RIR 6.25Y rescue boat.
VALERIE’s numerous assets include a large water toy collection. Her line-up includes two 2010 Yamaha FZR Waverunners, a SeaBob Cayago – F7, paddleboards, water skis, wakeboarding gear, scuba diving equipment, an airtable and more. With easy access to the water, via the beach club and swimming platform with steps that lead directly into the water, VALERIE is a yacht that allows guests to make the most of being on the ocean.
VALERIE’s meticulous engine room spans two levels and is an organised hub of the most advanced technological systems and equipment. Cruising comfortably at 12.5 knots, with maximum speeds of 17 knots and a transatlantic range of 6,000nm, VALERIE is powered by twin MTU 16V 4000 engines.
Making her public debut at the 2019 Monaco Yacht Show, Valerie is now asking €110,000,000.
Built by Lurssen, 85-meter Valerie boasts an impressive volume of 2,755GT spread over six decks and provides everything one could dream of having on a mega yacht. In charter mode, she accommodates up to 12 guests in nine well-appointed cabins (with additional nursery and staff cabins on the upper and lower decks), and is served by 27 crew . With interior design by Reymond Langton giving Valerie the luxury and style expected in a yacht of this caliber. The two master suites are another signature feature of this iconic vessel. High ceilings of 2.3 metres and full-height windows provide unparalleled sea views throughout.
Valerie has a whole host of on-board amenities ranging from the fully equipped Spa with hammam to the heli-deck, as well as an expansive private top deck which holds a 6-metre swimming pool and jacuzzi , topped by musical fountains on the upper deck aft. Moreover, a starboard waterline guest boarding platform gives direct access to the lower deck and to the elevator, which serves all decks . Two 10-meter Royal tenders and an extensive selection of toys , ranging from jet skis to offshore fishing equipment, add the finishing touches to this ultimate yacht.
Maintained by one owner and his crew since construction, she is a pedigree product and provides a rare opportunity to be one of the first to charter one of the most impressive and impeccably maintained megayachts on the market today.
Name: Valerie Year: 2011 Exterior: Espen Oeino Interior Reymond Langton Design Country: n/a Top speed: 20 Cruise speed: 18 Listing ID: 1249
IMO: 1010624 Name: VALERIE Vessel Type – Generic: Pleasure Craft Vessel Type – Detailed: Yacht Status: Active MMSI: 375551000 Call Sign: J8Y4380 Flag: St Vincent Grenadines [VC] Gross Tonnage: 2595 Summer DWT: 325 t Length Overall x Breadth Extreme: 85.1 x 14.28 m Year Built: 2011 Home Port: KINGSTOWN
- Price: €110,000,000
- Property Type: Lürssen Yachts
- Property Status: For Sale
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VALERIE Specifications
Builder |
---|
Length | Beam | Draft |
---|---|---|
279′2″ / 85.1M | 45′11″ / 14M | 12′10″ / 3.9M |
Hull |
---|
Steel |
Length |
---|
279′2″ / 85.1M |
Beam |
45′11″ / 14M |
Draft |
12′10″ / 3.9M |
Project Management |
---|
Moran Yacht & Ship |
Built / Refit | Guests | Cabins | Crew |
---|---|---|---|
2011 / 2013 | 17 | 9 | 28 |
Interior Designer | Exterior Designer |
---|---|
Reymond Langton Design | Espen Oeino |
Built / Refit |
---|
2011 / 2013 |
Guests |
17 |
Cabins |
9 |
Crew |
28 |
Interior Designer |
---|
Reymond Langton Design |
Exterior Designer |
Espen Oeino |
Lurssen VALERIE Built by Moran Yacht & Ship
Motor yacht VALERIE is an impressive 279′ (85.1m) in length, spans 4 decks and was built in steel and aluminum. She was built under the supervision of the Moran Yacht & Ship construction team and was launched in 2011.
The Lurssen built superyacht was designed by the well-regarded yacht designer Espen Oeino of Monaco. Her interior design has been created by Reymond Langton Design Limited of the United Kingdom. The Lurssen Valerie yacht has twin Caterpillar diesel engines.
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Charter fleet welcomes 85m Lurssen yacht VALERIE to its ranks
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By Nina Done 27 July 2021
Fresh from her impromptu charter playing host to Hollywood stars J Lo and Ben Affleck, the 85/279ft motor yacht VALERIE has marked her debut onto the charter market in spectacular fashion. She currently has an opening from 3-17 August for a luxury yacht charter around the Mediterranean, which given the current high demand is sure to be snapped up.
This impressive yacht's stunning Reymond Langton interiors with Art Deco-inspired touches showcase a luxurious yet modern feel. This is accentuated by the high ceilings and full-height windows that allow natural light to flood her interior spaces, creating a warm and inviting ambience to welcome guests as they step on board.
She can easily accommodate 12 charter guests in her beautifully-styled suites, including an on-deck Master suite with private terrace and Jacuzzi, as well as 2 further VIP cabins. She also has an additional nursery and upper deck staff cabin, perfect for guests travelling with nannies or their security detail.
Onboard highlights include a vast top deck area, complete with a Jacuzzi, 6-metre swimming pool surrounded by an array of sumptuous sunpads, alfresco dining and shaded bar with TV screen, along with an exquisite musical fountain located a few steps down on her upper deck aft which can be illuminated at night for cosy gatherings.
She also boasts a range of fabulous wellness facilities, including Hammam, massage, beauty salon and fully-equipped gym, as well as a comfortable waterside beach club with loungers and parasols, and convenient steps directly into the sea.
She also offers a range of luxurious travel options to ensure you arrive in true superyacht style, whether that's touching down on her commercially-certified helipad or being whisked over the waves in her fully-custom Limo tender, as you sip chilled champagne in the comfort of a luxurious sound-proofed interior cabin with state-of-the-art speakers.
Interested in booking a luxury yacht charter around the Mediterranean?
This region has played host to Hollywood glitterati for decades and it's clear to see why, from Michelin-starred restaurants, idyllic hilltop villages, lush secluded islands and miles of golden sand beaches, not to mention the centuries of history and culture that has shaped these destinations to create truly individual magical experiences for the senses wherever you go.
To find out more about chartering in the region, check out our in-depth Mediterranean yacht charter guide for more information.
If you’d like to learn more about chartering M/Y VALERIE, please contact your yacht charter broker .
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Exclusive details, all about the $40m bayesian yacht that capsized, leaving 6 dead and 1 still missing.
The massive superyacht Bayesian that sank off the coast of Italy on Monday won numerous awards for its sleek interior design — and was sold to its original owner for nearly $40 million.
The luxury sailing ship was carrying 22 people when it capsized and sank during a fierce storm early Monday.
The bodies of five of six missing passengers, including British tech tycoon Mike Lynch , 69, have been recovered. His daughter, 18-year-old Hannah, is the only one of six known killed in the tragedy yet to be found, a source close to the rescue operation told Reuters.
The ship’s chef, Recaldo Thomas, has also been confirmed dead.
Divers continued searching the wreckage of the 184-foot-long, British-flagged vessel, previously called Salute, on Wednesday after discovering four of the bodies.
When it was built in 2008, the Bayesian had the tallest aluminum mast in the world, standing at 237 feet, earning it the award for best exterior styling at the World Superyacht Awards in 2009, the Telegraph reported.
The sprawling superyacht’s interior, decorated with sleek, minimalist furnishings created by Remi Tessier, has also won numerous awards.
The ship, which accommodated 12 guests, had a master bedroom and three double and two twin bedrooms.
It also featured beige sofas, dark wood furnishings, and a teak deck equipped with a large canvas awning to keep guests cool, according to the outlet.
Some of the ship’s styling, including thin brown pillars and miniature terra cotta sculptures, was inspired by Japanese culture.
What to know after a tornado sank the yacht Bayesian off the coast of Sicily:
- A superyacht capsized off the coast of Sicily after a tornado hit the area early Monday, killing six passengers and leaving one missing.
- British tech tycoon Mike Lynch was identified as one of the bodies pulled from the wreckage. His teenage daughter, Hannah, is still missing.
- Lynch — known as “Britain’s Bill Gates” — had invited guests from Clifford Chance, a legal firm that represented him, and Invoke Capital, his own company, on the voyage, according to the Telegraph .
- Security camera footage shot from 650 feet from where the Bayesian sank Monday shows it disappearing.
- A rare and unexpected “black swan” weather event may have led to the Bayesian’s speedy demise , maritime experts say.
The extravagant ship won best interior at the International Superyacht Society Awards in 2008 and was also voted one of the best large sailing yachts at the 2009 World Superyacht Awards, according to the outlet.
The yacht’s original owner, John Groenewoud, a Dutch real estate developer, reportedly bought the ship for £30 million ($39 million) when it was built. In 2014, he sold the ship with an asking price of £27 million ($35 million).
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The Bayesian is currently owned by Revtom, a company that listed Lynch’s wife, Angela Bacares, as its legal owner.
It was named after the Bayesian statistical model that helps financial investors calculate risk — the subject of Lynch’s PhD that later helped him build his empire.
The vessel, operated by yachting company Camper & Nicholsons, had twin 965hp MTU engines, which gave it a range of 3,600 nautical miles at 13 to 15 knots (14 to 17 mph).
RSB Rigging carried out rig service works on the ship with Astilleros de Mallorca, a shipyard facility in Palma, in November 2016.
The Bayesian returned in September 2020 for scheduled service works, including having its mast removed and reinstalled.
Steve Branagh, managing director of RSB Rigging, told the Telegraph: “At this time, our deepest sympathies go out to the friends and families of all those affected by this dreadful tragedy.”
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Who was onboard tech mogul Mike Lynch's Bayesian yacht?
Topic: Disasters, Accidents and Emergency Incidents
Six people are missing, including a man dubbed the British Bill Gates, after a luxury yacht sank off the Sicilian coast.
British tech entrepreneur Mike Lynch — freshly acquitted from a decade-long trial — had invited his work colleagues aboard a trip through the Mediterranean coast when a freak storm saw the yacht sink within moments.
Fifteen people escaped from the sinking vessel. The search for the missing continues.
Here's what we know so far:
What happened?
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. This creates an enormous source of energy that contributes to these storms," meteorologist Luca Mercalli said.
Rescuers recover the body of one of the people aboard the Bayesian. ( AP: Lucio Ganci )
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.
The UK Marine Accident Investigation Branch is deploying a team of four inspectors to Italy to conduct a preliminary assessment.
The Foreign Commonwealth and Development office said it was "providing consular support to a number of British nationals and their families".
Sicilian prosecutors have also opened an investigation into the event.
Who is missing?
Lawyer Chris Morvillo (left), entrepreneur Mike Lynch, and Morgan Stanley chairman Jonathan Bloomer are among the missing.
There were 12 passengers and 10 crew members aboard the yacht.
Mr Cocina said the crew and passengers hailed from a variety of countries, including Britain, the United States, Antigua, France, Germany, Ireland, Myanmar, the Netherlands, New Zealand and Spain.
Of the 22, one man is confirmed dead and another six people are still missing.
They are believed to be inside the hull, fire rescue spokesperson Luca Cari said.
Fabio Cefalù, a fisherman who said he responded to a flare from the vessel but found it sunk, said he stayed at the site for three hours without finding anyone.
"I think they are inside, all the missing people," he said.
Rescue teams recovered the body of the yacht's onboard chef on Monday, identified as Antiguan citizen Ricardo Thomas.
The still missing people include:
- 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
Who was rescued?
Fifteen people escaped from the sinking ship.
Eight have been hospitalised and others were taken to a nearby hotel.
Charlotte Golunski was among those rescued, recalling the harrowing moments she held her child Sofia above the waves. ( Supplied: Facebook )
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
Who is Mike Lynch?
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 received the OBE for his innovation in 2006.
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.
As part of a decades-long legal battle against HP, Mr Lynch was extradited to the UK on criminal fraud charges.
He steadfastly denied any wrongdoing, asserting that he was being made a scapegoat for HP's own bungling.
He was eventually cleared of all charges in June this year.
Although he avoided a possible prison sentence, Lynch still faced a bill from a civil case in London that HP mostly won during 2022. Damages haven't been determined in that case, but HP is seeking $US4 billion.
Following the San Francisco trial, Mr Lynch said he would return to the UK and do what he loved most: "[being with] my family and innovating in my field."
The holiday appeared to be something of a celebration after Mr Lynch's acquittal, with guests including some of the people who had stood by Lynch throughout the ordeal.
This picture shows the rescue operations off the Sicilian coast. ( AP: Italian Coast Guard )
In a separate act of tragedy, Mr Lynch's co-defendant in the trial, Stephen Chamberlain, died on Monday, after a road accident left him critically injured.
Mr Chamberlain — Autonomy's former vice-president of finance alongside Mr Lynch — was hit by a car in Cambridgeshire on Saturday morning and had been placed on life support.
What is the Bayesian?
The luxury yacht is 56m long sailboat, with a 75m mast labelled as the tallest aluminium mast in the world.
It was previously named Salute when it flew under a Dutch flag.
The yacht, built in 2008 by the Italian firm Perini Navi, can accommodate up to 12 guests in six suites and a crew of 10, according to online specialist yacht sites. It was last refitted in 2020.
Online charter sites listed it for rent for up to 195,000 euros (about $AU 321,000) a week.
This picture taken on Sunday shows the Bayesian (left) and the Duch sailboat Sir Robert Baden Powell anchored off the coast line. ( AP: Fabio La Bianca/Baia Santa Nicolicchia )
The ship also won a string of awards for its design.
Ms Golunski said the yacht had travelled through the Aeolian Islands, Milazzo and Cefalù before sinking.
It is likely the yacht's name would resonate with Mr Lynch because his PhD thesis and the software that made his fortune was based on Bayesian theory.
Mike Lynch's yacht was state-of-the-art and shouldn't have sunk so easily, search-and-rescue expert says
- The tech tycoon Mike Lynch died in a yacht sinking near Palermo, Italy.
- An investigation is underway, with experts questioning how the state-of-the-art yacht sank.
- One expert said the $40 million yacht should have been "unsinkable."
A search-and-rescue expert said the superyacht disaster that killed Mike Lynch was difficult to comprehend — because the vessel never should have sunk.
Lynch, a British tech tycoon, was celebrating his fraud acquittal with friends and family when the 183-foot ship sank during stormy weather near Palermo, Italy.
Of the 22 people on board, six people, including Lynch, have been confirmed dead.
Fifteen people, including Lynch's wife, were rescued. Lynch's 18-year-old daughter remained unaccounted for as of Thursday afternoon local time.
An investigation into the cause of the tragedy is underway.
'Unsinkable'
Matthew Schanck is a maritime search-and-rescue consultant with 14 years of experience. He told Business Insider that his reaction to the sinking was "disbelief."
When the news of the sinking broke, Schanck said he envisioned a far smaller ship — "some sort of 40-foot yacht with a couple on board."
"That wouldn't have been as unusual or extraordinary," he said.
"It was really shocking," he added. "But what's more shocking is the fact that it's a modern, state-of-the-art superyacht, which would have been commercially certified and regulated by the Maritime Coastguard Agency."
Schanck previously told BI there was no indication that the ship breached "any international maritime construction or safety standards."
Related stories
The superyacht was worth $40 million, The New York Times reported .
Giovanni Costantino is the CEO of the Italian Sea Group, which built the yacht. Speaking with Sky News, Costantino said the sinking sounded "like an unbelievable story, both technically and as a fact."
"Sailing ships, it is well known, are the safest in the most absolute sense," he said. They tend, he said, to be "unsinkable."
Though the cause of the sinking has not been established, authorities confirmed a strong storm had been in the area.
Witnesses told BBC News they saw a waterspout — an uncommon tornadolike column of wind and water — before the ship went down.
"This tends to have been the accepted theory, that the vessel was hit by a waterspout and the crew didn't see it coming because it was nighttime and dark," Schanck said.
He said that while this scenario made sense, it's not clear how witnesses would have noticed a waterspout if the crew didn't.
Speaking with the Times, Costantino said the ship had the second-tallest aluminum mast in the world, which made it safe and secure.
However, he said that if any of the doors had been open during the storm, it could have taken on water more easily.
Correction: August 22, 2024 — An earlier version of this story misspelled the surname of the search-and-rescue consultant. It's Schanck, not Schank.
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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
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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.
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