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Miraggio Charter Yacht

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MIRAGGIO YACHT CHARTER

41m  /  134'6   siar & moschini   1988 / 2020.

  • Previous Yacht

Cabin Configuration

Special Features:

  • Enjoyed a full refit in 2018
  • Includes a state of the art amphibious vehicle for exciting exploration
  • Features a large scale sundeck Jacuzzi
  • Large exterior spaces for entertaining and relaxing
Boasting a wide array of entertainment options and well-appointed guest spaces, superyacht MIRAGGIO offers a truly unique charter experience

The 41.02m/134'7" motor yacht 'Miraggio' by shipyard Siar & Moschini offers flexible accommodation for up to 12 guests in 6 cabins and features interior styling by Daniela Leusch.

Boasting an array of sumptuous living areas laid out invitingly to create a warm and welcoming atmosphere onboard, motor yacht Miraggio is the perfect luxury charter yacht for friends and family.

Guest Accommodation

Built in 1988, Miraggio offers guest accommodation for up to 12 guests in 6 suites comprising a master suite, three double cabins and two twin cabins. There are 8 beds in total, including 1 king, 3 queen and 4 singles. She is also capable of carrying up to 10 crew onboard to ensure a relaxed luxury yacht charter experience.

Onboard Comfort & Entertainment

Whatever your activities on your charter, you'll find some impressive features are seamlessly integrated to help you, particularly Wi-Fi connectivity, allowing you to stay connected at all times, should you wish. Guests will experience complete comfort while chartering thanks to air conditioning.

Performance & Range

Built with a GRP hull and GRP superstructure, she offers greater on-board space and is more stable when at anchor thanks to her full-displacement hull. Powered by twin Caterpillar engines, she comfortably cruises at 11 knots, reaches a maximum speed of 14 knots with a range of up to 3,500 nautical miles from her 68,000 litre fuel tanks at cruising speed. An advanced stabilisation system on board reduces the side-to-side roll of the yacht and promises guests exceptional comfort levels at anchor or when underway.

Miraggio has aboard a plentiful range of water toys and accessories ready to entertain you and your guests whilst on charter. Principle among these are Flyboards for soaring over the water or swimming like a dolphin. Take to the sea on the Jet Skis offering you power and control on the water. Another excellent feature are three waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Miraggio also features a Kite Surfer, wakeboards, kayaks, a WindSurfer, fishing equipment and much more. When it comes to Tenders, Miraggio has you covered - with two tenders, including a RIB.

Miraggio offers you and your guests the perfect platform from which to enjoy your next luxury yacht charter. Please enquire for details of her summer and forthcoming winter cruising grounds and availability.

With its luxurious interiors, vast array of onboard facilities and a highly-trained and professional crew, a luxury yacht vacation onboard motor yacht Miraggio promises to be nothing short of spectacular.

TESTIMONIALS

There are currently no testimonials for Miraggio, please provide .

Miraggio Photos

Miraggio Yacht 11

Length 41m / 134'6
Beam 9.2m / 30'2
Draft 2.82m / 9'3
Gross Tonnage 409 GT
Cruising Speed 11 Knots
Built | (Refitted)
Builder Siar & Moschini
Model Custom
Exterior Designer Andrea Bacigalupo
Interior Design Daniela Leusch

Amenities & Entertainment

For your relaxation and entertainment Miraggio has the following facilities, for more details please speak to your yacht charter broker.

Miraggio is reported to be available to Charter with the following recreation facilities:

  • 1 x RIB with 1 x Yamaha 40 HP engine
  • 1 x Novurania Tender with 1 x Volvo 300 HP engine

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

  • + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

'Miraggio' Charter Rates & Destinations

Summer Season

May - September

$105,000 p/week + expenses

High Season

Cruising Regions

Please enquire .

Winter Season

October - April

$90,000 p/week + expenses

$110,000 p/week + expenses

Charter Miraggio

To charter this luxury yacht contact your charter broker , or we can help you.

To charter this luxury yacht contact your charter broker or

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Yacht Owner, Captain or Central Agents - Send us latest Photos, Charter Rates or Corrections Send Updates

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Specification

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Motor Yacht

Miraggio is a custom motor yacht launched in 1988 by Siar & Moschini and most recently refitted in 2015.

Miraggio measures 40.73 metres in length, with a max draft of 2.80 feet and a beam of 9.20 feet. She has a gross tonnage of 409 tonnes. She has a deck material of teak.

Miraggio has a GRP hull.

Her interior design is by Daniela Leusch.

Performance and Capabilities

Miraggio has a fuel capacity of 68,000 litres, and a water capacity of 18,000 litres.

She also has a range of 3,500 nautical miles.

Accommodation

Miraggio accommodates up to 12 guests in 6 cabins. She also houses room for up to 11 crew members.

  • Yacht Builder Siar & Moschini No profile available
  • Exterior Designer Andrea Bacigalupo No profile available
  • Interior Designer Daniela Leusch No profile available

Yacht Specs

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About Miraggio

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yacht Miraggio

Specifications

Yard : Siar & Moschini
Type : Motor yacht
Guests : 12
Crew : 9
Cabins : 6
Length : 41 m / 134′7″
Beam : 9.2 m / 30′3″
Draft : 2.8 m / 9′3″
Year of build : 1988
Classification : ABS + MCA
Displacement : Full displacement
Brand : Caterpillar
Model : 3512 DITA
Engine power : 1280 hp
Total power : 2560 hp
Maximum speed : 14 knots
Cruising speed : 11 knots
Gross tonage : 409
Hull : GRP
Superstructure : GRP
Decking : Teak
Decks : 4
Interior designer : Daniela Leusch
Exterior designer : Franco Anselmi Boretti
Propulsion : Twin screw
Water capacity : 18000
Flag : Cayman Islands

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who owns miraggio yacht

1988   Siar & Moschini    135ft  /  41m

who owns miraggio yacht

MIRAGGIO Yacht Charter

MIRAGGIO is actively available for charter.

The luxury motor yacht MIRAGGIO, previously named TALON, was built by Siar & Moschini and delivered to her owner in 1988, she later underwent a refit in 2020.

The exterior of MIRAGGIO is designed by Andrea Bacigalupo.

The 135ft / 41m MIRAGGIO has been constructed with a grp hull and is powered by 2x 1280hp Caterpillar 3512DITA diesel engines with a cruising speed of 11 knots and a top speed of 14 knots.

Charter guest accommodation

MIRAGGIO 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, 3 cabins with a double bed and en-suite bathroom facilities and 2 cabins with a twin bed and en-suite bathroom facilities.

Your luxury charter crew

Your luxury charter on board motor yacht MIRAGGIO 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, Jacuzzi on deck, Stabilizers At Anchor, Swim platform and Wi-Fi.

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

Yacht charter destinations

MIRAGGIO 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.

  • Air Conditioning
  • Jacuzzi on deck
  • Stabilizers At Anchor
  • Swim platform

Destinations

who owns miraggio yacht

Frequently Asked Questions

How much to charter miraggio.

MIRAGGIO has a weekly charter price starting at $105,000 and an estimated daily charter price of $17,500.

How many guests on board MIRAGGIO?

MIRAGGIO can accommodate 12 sleeping guests on board in 6 cabins.

Where is MIRAGGIO currently located?

MIRAGGIO was last seen in Florida - East Coast.

Legal Disclaimer

Motor Yacht MIRAGGIO 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.

Specification

Yacht nameMIRAGGIO
Prior nameTALON
Speed (cruising)20.4kph / 11kn
Speed (max)25.9kph / 14kn
Engine2x 1280hp Caterpillar 3512DITA diesel engines
HullMonohull
Launched1988
Refitted2020
BuilderSiar & Moschini
DesignerAndrea Bacigalupo

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IMMERSIVE

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. 

Divers Retrieve Bodies From Tech Tycoon Mike Lynch Yacht Sunk Off Sicily

“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. 

Divers searching for six missing people following the sinking of a superyacht off Sicily in a storm have found fifth bodies.

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. 

All the men missing after a luxury yacht sank off Sicily -- who included UK tech tycoon Mike Lynch -- have been found, a coastguard official told.

“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.

who owns miraggio yacht

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

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  • Human Interest
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  • Real People Tragedy

Everything We Know About the Final Moments of the Passengers Who Died in the Sicily Yacht Tragedy

Five of the seven victims had been "searching for air pockets" as the luxury yacht sank on Aug. 19, authorities said

who owns miraggio yacht

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock

The luxury yacht Bayesian that sank off the coast of Sicily on Monday, Aug. 19, resulted in the deaths of six passengers and one crew member.

Less than a week later, on Saturday, Aug. 24, Ambrogio Cartosio, the Chief Prosecutor of Termini Imerese, announced that Italian authorities were launching a manslaughter investigation into the sinking , and he identified all of the victims.

The seven victims who died in the tragic sinking were yacht chef Recaldo Thomas; British tech entrepreneur Mike Lynch and his daughter, Hannah Lynch; Christopher Morvillo and his wife, Neda ; and Morgan Stanley International chairman Jonathan Bloomer and his wife, Judy .

As authorities attempt to answer questions about what exactly led to the sinking of the 183-foot British-flagged vessel — which went down during a "violent storm,” the Italian Coast Guard previously told PEOPLE in a statement — here is what we currently know about the victims’ final moments.

FAMILY HANDOUT/EPA-EFE/Shutterstock

During the Aug. 24 press conference, Girolamo Bentivoglio Fiandra, head of the Palermo Fire Brigade, revealed that as the Bayesian began going down early Monday morning, “It was quite clear that people were trying to hide in the cabins.”

“In the left-hand side, we found the first 5 bodies in the left-hand side cabins, and the final body on the right-hand side,” Fiandra said. “We found them on the highest part of the ship, which was closer to the surface. The vessel had three cabins on each side.”

The five victims, who "took refuge” on the luxury yacht’s left side, had been "searching for air pockets" in a final attempt at survival," he added.

HANDOUT/Vigili del Fuoco/AFP via Getty

As for why the victims were in the cabins in the first place, Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the Bayesian back in 2008 — told CNN it was due to a “very long sum of errors."

"Everything that has been done reveals a very long sum of errors,” he said in his interview, translated from Italian. “The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?”

Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

Prior to the storm and subsequent sinking, some of the luxury yacht’s passengers were in celebration mode. They had been commemorating the recent acquittal of one of the victims, Lynch, 59, a source close to the survivors previously told PEOPLE.

Two months ago, Lynch was acquitted on all counts of a series of fraud and conspiracy charges he faced in the U.S. after a years-long legal battle dating back to 2018.

Patrick McMullan/Patrick McMullan via Getty 

He celebrated the acquittal on the Bayesian with his daughter and his wife, Angela Bacare, who was rescued along with 14 others on board.

Also celebrating were Morvillo, 59, who represented Lynch in the case, and Bloomer, 70, who was a close friend of the tech entrepreneur.

Related Articles

who owns miraggio yacht

Yacht Sank in Sicily Due to ‘Endless Chain of Errors,' Ship Maker's Owner Speculates: ‘Everything Was Predictable’

"A series of activities should have been done to avoid finding oneself in that situation," argues Giovanni Costantino, who owns the firm that built the vessel in 2008

  • Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — blames an "endless chain of errors" for the luxury yacht’s sinking on Monday, Aug. 19
  • "Everything was predictable. I have the weather charts in front of me here," Constantino told Italian newspaper  Corriere della Sera  of the storm the boat was caught in
  • "An unsinkable ship but from the crew an endless chain of errors," the CEO claimed to the outlet

The sinking of the luxury Bayesian  yacht off the coast of Sicily this week  resulted from an "endless chain of errors" by the crew, the ship maker's CEO is speculating.

"This episode sounds like an unbelievable story, both technically and as a fact," Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — said,  according to CNN .

While speaking to  Italian newspaper  Corriere della Sera , Costantino said he believes those on board should not have been in their cabins, as he claims they were, when the Bayesian sank in the early hours of Monday, Aug. 19. 

Many details of why the yacht went into the water so quickly remain unclear and it's not yet known what the passengers and crew were doing before tragedy struck.

The 183-foot British vessel sank around 5 a.m. local time on Monday after a "violent storm" while near Porticello, the Italian coast guard said in a statement that was previously obtained by PEOPLE.

"Everything that has been done reveals a very long sum of errors. The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?" Costantino said in his interview, translated from Italian.

Related: Italian Authorities Currently Don’t Have Anyone ‘Under Investigation’ over Luxury Yacht Sinking

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly. It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly ... Ask yourself, why was no fisherman from Porticello out that night? A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts. One could not not know," he argued.

"An unsinkable ship but from the crew an endless chain of errors," the CEO asserted.

The coast guard has said 22 people were aboard the  Bayesian  when it sank — 12 passengers and 10 crew — and that 15 of those were subsequently rescued.

The body of the yacht's chef, Recaldo Thomas, was recovered nearby. 

Costantino's comments came as it was reported that five bodies had been found in the search for the missing six people as of Wednesday, Aug. 21, a source close to the rescue operations confirmed to PEOPLE. Authorities have said that their work is ongoing. 

An Italian government official, Massimo Mariani, reportedly named one of the dead as British tech tycoon Mike Lynch . The other bodies have not yet been publicly identified by authorities. 

Lynch was celebrating with family and friends on the yacht following his acquittal in a fraud trial in June, PEOPLE previously reported.

Related: 'We Are in Shock,' Prominent N.Y.C. Attorney's Firm Says After He and His Wife Go Missing in Yacht Sinking

Costantino offered his view of how the tragedy could have been avoided: "To begin with, in a weather alert situation it was inappropriate to have, as I read, a party. Not that evening. The hull and deck needed to be secured by closing all doors and hatches, after putting the guests at the ship's meeting point as per emergency procedure. Then start the engines and pull up the anchor or release it automatically, put the bow to the wind and lower the keel.

"The next morning they would have departed with zero damage." 

When discussing whether the crew were at fault, Costantino reiterated to the Italian outlet that he believes "errors were made."

"A series of activities should have been done to avoid finding oneself in that situation," he said. "I as the ship's captain would have moved, but even if for some reason I had to stay there, I would have managed those weather conditions which then, let's face it, weren't so crazy."

Never miss a story — sign up for  PEOPLE's free daily newsletter  to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.  

Costantino contended that there would have been "a zero risk if the correct maneuvers had been made and if situations that compromised the ship's stability had not occurred," adding to the newspaper that reports that the boat went down in seconds is "nonsense." He believes the yacht would have "went down" after water "started to enter" within "six minutes."

The remaining missing  Bayesian  passengers are Lynch's daughter Hannah as well as Chairman of Morgan Stanley International  Jonathan Bloomer, his wife, Judy , and New York City-based lawyer  Christopher Morvillo and his wife, Neda , sources have said.

Lynch's wife, Angela Bacares, was among those rescued, PEOPLE previously reported.

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Read the original article on People .

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock A photo of the 'Bayesian'

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Siar Moschini motor yacht Miraggio for sale

The 41 metre motor yacht Miraggio has been listed for sale by Philip Bell and Ed Dickinson at Northrop & Johnson.

Built in GRP by Italian yard Siar Moschini to a design by Andrea Bacigalupo , Miraggio was delivered in 1988 and last refitted in 2015. Her interior in rich mahogany accommodates 12 guests in six cabins consisting of a main deck master and VIP suite while below are three identical doubles with queen sized beds and a twin, all with entertainment centres, new flat screen LCD television sets and en suite bathroom facilities. In addition, there are quarters for 11 crew.

A large saloon has a bar, ice maker and fridge while there are two separate seating areas to port and starboard, each with settees, occasional chairs and coffee tables. A state of the art entertainment centre includes a large television screen and a media server offering over 5,000 films throughout this yacht for sale . Upstairs, the sky lounge continues the theme of relaxed enjoyment with ample seating, an entertainment centre and a formal dining area with seating for 12 guests.

Outdoor areas are generous and include the aft deck behind the saloon with a fridge, ice maker and a teak table providing al fresco dining for 12 guests. Twin 1,280hp Caterpillar diesel engines give her a cruising speed of 11 knots and a range of 3,500 nautical while during her 2015 upgrade she was fitted with Naiad zero speed stabilisers.

Miraggio is asking €3,875,000.

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Ship captain who saw mike lynch’s yacht sink blames ‘extreme mast’.

An eye witness to the sinking of British tech entrepreneur  Mike Lynch 's yacht on Monday attributed the tragedy to the extremely tall mast, which made the vessel more vulnerable to the violent storm that was lashing the area.

Dutch ship captain Karsten Börner, whose own boat was anchored near Lynch's Bayesian , told the Financial Times that the superyacht appeared to have stability problems.

"The center of gravity is too high with this extreme mast," he explained, while also dismissing the Italian coast guard's initial view that the Bayesian was in the wrong place at the wrong time.

"I was on the same spot," Börner added. "I have two masts and they are 28 and 29 meters above deck, she has one, 73 meters (239.5 feet) above deck."

Authorities are looking into  possible reasons Lynch’s yacht quickly sank , when other boats nearby seemed to weather the same storm without issue.

The 56-meter long superyacht had been carrying 22 passengers and crew. Börner rescued 15 passengers and said they told him the ship sank in less than two minutes.

He also described the wind as "violent, very violent," telling the FT that the wind speed likely reached hurricane strength as "tons of water" came down.

"I never saw that before, there was a water tornado," he said.

The CEO of the Italian Sea Group, which owns the company that built the Bayesian , previously told the FT that it was designed to be stable with its tall mast and suggested the crew didn't carry out proper safety measures.

But Börner said the crew told him they "closed the ship," according to the FT .

The Italian Sea Group didn't immediately respond to Fortune's request for comment on Börner's remarks and declined to comment to the FT .

Meanwhile, prosecutors in Italy have launched a probe into the shipwreck and multiple counts of culpable homicide, which are equivalent to manslaughter charges.

The Italian coast guard also confirmed Friday that it had recovered the body of Lynch’s 18-year-old daughter, Hannah. In addition to Lynch and his daughter, the other victims included  Morgan Stanley  International chair Jonathan Bloomer and his wife, Judy Bloomer; Clifford Chance lawyer Chris Morvillo and his wife, American jewelry designer Neda Morvillo; and chef Recaldo Thomas.

On Saturday, Italian prosecutors told reporters that the emergency began at 4:38 a.m. local time , when a red flare was launched and seen by the coast guard, adding that the passengers were likely asleep at the time.  

Deputy prosecutor Raffaele Cammarano told reporters that a crew member had been on duty, as required, when the "truly sudden" storm struck.

Chief prosecutor Ambrogio Cartosio   said ship-tracking data showed the yacht started to drift from anchor just before 4 a.m., then traveled about 360 meters over five minute to the spot where it eventually sank some 15 minutes after that.

This story was originally featured on Fortune.com

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Who Owns Which Superyacht? (A Complete Guide)

who owns miraggio yacht

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?

who owns miraggio yacht

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

who owns miraggio yacht

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?

who owns miraggio yacht

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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who owns miraggio yacht

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MIRAGGIO Yacht for Sale

Introducing the magnificent world cruiser MIRAGGIO, with a length of 134'7" (41m) and a draft of 9'3" (2.80m). MIRAGGIO is the perfect yacht for those who love to explore, thanks to her performance and world-cruising capabilities. Her build style is classic, making her an elegant yacht that turns heads wherever she goes.

MIRAGGIO’s condition is excellent, with her ABS classification special survey currently being completed. Her composite construction provides durability and lower maintenance costs in the saltwater environment. She enjoys a 3,500 nautical mile range and has tremendous volume for her length. Unusually for her size, MIRAGGIO also boasts a garage—typically only seen on larger yachts. 

The interior design of MIRAGGIO is the brainchild of interior designer Daniela Leusch, She is finished in rich mahogany complemented by cool creams and whites and calming blues. The meticulous Italian craftsmanship is evident here, with luxurious finishings throughout.

The exterior styling of MIRAGGIO is sleek and classic, with clean lines that give the yacht a timeless elegance. The exterior spaces of the yacht are designed to offer ample space for guests to relax and unwind. The aft deck has a large dining area with a teak table, a bench seat facing aft, an icemaker, and a drinks fridge. The sundeck/flybridge has a six-person Jacuzzi, a large sunbathing area, teak furniture and removable sun shades. Both the aft deck and sundeck/flybridge has alfresco seating for up to 12.

MIRAGGIO can comfortably accommodate up to 12 guests in six luxurious staterooms. The on-deck master stateroom features a king-size bed, ample closet space, a flat-screen TV, a DVD player, and a sound system. The main deck VIP stateroom features twin beds, a desk, a sofa, a flat-screen TV, a DVD player and a sound system. The four guest staterooms, located on the lower deck, have queen beds and en-suite bathrooms. All the staterooms have been fitted with new flat-screen TVs, DVD players and sound systems.

Having been recognized for its outstanding performance and luxurious amenities, MIRAGGIO is the perfect choice for anyone looking for an unforgettable yachting experience. With her exceptional features and proven capability, MIRAGGIO is incredible value.

  • ABS Special survey will be completed shortly
  • On deck owners stateroom
  • Sleeps 12 in six cabins all ensuite
  • $2 million dollar refit in 2018
  • Zero speed stabilizers
  • Garage-usually only seen on larger yachts
  • Strong GRP Construction also makes for easy maintenance
  • 3,500 nautical mile range
  • Huge interior volume due to 30’ Beam
  • US Duty paid
  • Personal Watercraft
  • Stabilizers

Specifications

Builder Siar & Moschini
Model Siar 40
Length (LOA) 134'
Year 1988
Year Refit 2020
Gross Tonn. 409
Draft 9' 3"
Beam 30' 3"
Location Fort Lauderdale, United States
Classification ABS

Accommodations

Staterooms 6
Twin Cabins 2
Double Cabins 6
Crew Sleeps 11

Dimensions & Capacity

LOA 134'
LWL 113'
Max Draft 9' 3"
Fuel Tank 70,000 g
Fresh Water 18,000 g
Gross Tonn. 409
Displacement 370

Construction

Hull Material GRP
Hull Config Displacement
Ext. Designer Andrea Bacigalupo
Int. Designer Daniela Leusch
Max Speed 14 Knots
Cruising Speed 11 Knots

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Giant masts, moon pools and pole explorer pods: How the world of yachts got supersized

The sinking of mike lynch’s ‘unsinkable’ sailing vessel was not only a heartbreaking tragedy, but also gave us a rare glimpse into the superyachting fraternity. here, boat international’s lucy dunn looks at a group that is both secretive and innovative, and asks how such a high-spec sailing yacht could have sunk at all..., article bookmarked.

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Size, in the superyacht world, is everything

L ast week’s sinking of the 56-metre yacht Bayesian and the tragic deaths of British tech tycoon Mike Lynch and his guests and boat staff have given the public a glimpse into the rarefied world of superyachts.

From the sheer size of the mast (74 metres, roughly the size of seven two-storey houses stacked on top of each other) to the expense ( Bayesian was put up for sale in 2014 with an asking price of $30m, which is around £23m), to the sheer luxury (the interiors were by Remi Tessier, the designer behind Claridge’s new penthouse), it’s a world few people normally get to see. 

There are currently 12,626 superyachts on the water around the world with 1,166 superyachts in build or on order. If you have been to a Greek island this year, or maybe the Amalfi coast, you may have glimpsed them coming in and out of harbours and wondered who owns a yacht like that. Or who can afford to charter a yacht like that – which have an average price of around £180,000 a week.

While you may think of glossy influencers and A-listers, the superyachting fraternity is where millionaires are sorted from the billionaires from the centi-billionaires; the 0.001 per centers. Rarely will you find a celebrity with the financial clout to afford a yacht owned by Lynch, these are generally under-the-radar industry titans who don’t have household names. 

I knew Mike Lynch and his next idea was to get us to believe the unbelievable

So, what exactly makes a superyacht super? According to Boat International , where I work, it can be applied to any boat, motor or sailing yacht which is over 24 metres in length. Size, in the superyacht world, is everything – and yachts are getting bigger all the time. Indeed, our data arm BoatPro shows that the average length of a new-build yacht is now 39.2 metres, up from 38.5 metres last year.

Currently, the largest yacht in the world is the motor yacht Azzam – at 180.6 metres, almost two football fields in length and triple the size of Lynch’s Bayesian . For owners, yachts can be bought “semi-custom” (a bit like a new-build house off-plan but on a much grander scale), or “fully-custom” – meaning they’re built from scratch to the owner’s exact specifications.

One of the last pictures taken of luxury superyacht ‘Bayesian’

And it is not a quick process either: it can take up to four years from design stage to completion, with 300 people or more working on each project. All of which might go some way to explaining the mind-boggling price of them.

While this changes according to market fluctuations and demand, a fully custom 100-metre with all the bells and whistles is around £200m. And that’s just for starters. Depending on the size and age of the yacht you’ll need to spend at least 5-10 per cent of the purchase price every year on the cost of maintaining and operating it (so, in this case, £20m on crew, fuel, tax, insurance, harbour fees). 

Some owners like to recoup some of their running costs by turning their yacht into a mini hotel business and chartering it out. A commercially successful boat (neutral interiors, jacuzzi, lots of executive toys) will pick up several charters a year, covering the traditional charter beats of the Med in summer and the Caribbean in winter.

The 85-metre yacht Bold , for example, is equipped with an outdoor cinema, helipad, teppanyaki grill, inflatables, water skis – a snip at £665,000 a week. 

While many prefer to keep a low profile, other yacht owners like fashion designer Tommy Hilfiger aren't so shy, and love to use their yacht to entertain (in Hilfiger's case, Kris Jenner of Kardashian fame). But more often than not, owners are super-private. (Lynch was one of these owners who liked to keep things low-key.) Often even the building of the yacht can be wrapped in a cloak of secrecy, and the engineers and craftspeople working on them won’t know who the owner is. 

The ‘Azzam’, currently the biggest motorised yacht in the world

Unlike a car, yachts don’t depreciate in value quite as sharply. The caveat to this is that you need to keep it in pristine condition. This takes work: one thing that is true on Netflix hit Below Deck – crew really do clean cracks between floor tiles with toothpicks.

Keep on top of maintenance and your yacht will last 70 years or more. Christina O , the iconic superyacht once owned by shipping giant Aristotle Onassis and wife Jackie O, is still going strong at 81 years old. She was recently listed for sale for €90m (£68m).

You will need at least a crew of 20 for your 100-metre yacht. Not made-for-TV crews, but ones with professional qualifications, who you would trust to handle your multimillion-pound bit of kit.

Good captains are very sought after and can name their price. Sailing guests to exotic parts of the world is just a tiny part of the job: you have to plan safe routes, book berths in marinas (you’re looking north of €117,000 – around £99,000 – for the Monaco Grand Prix week), manage crew, handle copious paperwork and organise repairs and yard visits.

It’s not just a case of popping it into a local garage for a service – which explains why guests must take off their shoes before stepping on board to protect the precious teak decking. 

And unlike other status symbols like supercars or precious watch collections, you can’t just moor a superyacht and forget about it until your next fancy holiday. They need constant attention – as the US government found to their cost when they seized Amadea , a 106-metre superyacht owned by a Russian oligarch and discovered they needed to pay out $7m (£5m) a year in maintenance. 

The then newly restored ‘Christina O’ at sea, pictured in 2001

This is why superyachts become such passion projects, beyond whether they are worth it or not. Owners don’t just own them, they put their hearts and souls into them. And this is where the fun happens.

Because despite the tacky “gold taps and bling” reputation that blights the industry, many owners are, on the contrary, super-creative with their superyachts: cue underwater “Nemo” lounges, indoor gardens, waterfalls, snow rooms, padel courts, IMAX cinemas… imaginations have no limits. 

Innovation is at the heart of the industry and is very bespoke according to need. Some owners prefer the cut and thrust of sail over motor and a closer experience of the sea.

Some want a vessel that can circumnavigate the globe so they can really see the world. Bayesian , for example, was built to go places and her sistership Rosehearty (an almost identical yacht built by the same yard) has been taken around the globe multiple times in all weathers without a hitch. 

Some owners get their yachts built with sturdy “ice class” hulls so they can visit the Poles. These are called “explorer yachts” and they have laboratories for visiting scientists, personal submersibles, James Bondesque “moon pools”, openings in the hull for subs to dock, and so on.

‘Bayesian’ was built by the highly respected Perini Navi

Sometimes an explorer yacht is not big enough to handle everything an adventurous owner wants to do – which is where support vessels (secondary yachts used to store kit such as seaplanes and snowmobiles) come in. 

Why have one yacht when you can have two?

Some forward-thinking owners put their cash behind investigating greener alternatives to traditional diesel engines. The world’s first hydrogen-powered superyacht, Project 821 , which is 119-metres long, reportedly hit the water this June. Project Zero , a “zero fossil fuel” sailing yacht with the ability to harvest wind, thermal and solar energy launches in 2025. 

There has been a lot of speculation about what caused the tragedy with Bayesian . Superyachts have been known to have accidents, but rather than sink in storms, they run aground or catch fire (lithium batteries have been cited as a culprit in some cases). Often, due to the length of time passed and complex technical reports released by investigators, we never find out the cause.

It’s now over to investigators to discover how an “unsinkable” yacht sank last week. The facts are: Bayesian was built by Perini Navi, a respected shipyard specialising in sailing yachts based in Italy, which is the world epicentre of shipbuilding. Day in and day out an army of 30,000 engineers, architects and designers that work in these yards pride themselves on unparalleled craftsmanship, using sophisticated naval architecture technology to push boundaries and produce incredible feats of engineering. 

The world of superyachts may be a world you and I will never be part of, but as this week’s tragic news has shown, there is so much more to it than you think…

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Watch CBS News

Here's what to know about Mike Lynch, the tech tycoon missing in the Sicily yacht disaster

By Aimee Picchi

Edited By Anne Marie Lee

Updated on: August 21, 2024 / 12:05 PM EDT / CBS News

Mike Lynch, once hailed as "Britain's Bill Gates," is now among the six people missing after his luxury yacht sank in a violent storm off the coast of Sicily. At the time of the disaster, Lynch had been trying to shake more than a decade of legal entanglements that ended in June when he was cleared of fraud and conspiracy charges . 

On Wednesday, two bodies had been brought to shore in Porticello, near Palermo, and two more were in the process of being brought ashore. Britain's Telegraph newspaper reported that the bodies of Lynch and his 18-year-old daughter were among the remains recovered Wednesday, but the civil protection chief would not confirm that report to CBS News. 

Lynch, 59, rose to prominence in the late 1990s with the development of his software company, Autonomy, which helped businesses quickly find information buried in email and other digital documents. In 2011, Lynch sold the business to Hewlett-Packard for $11 billion, giving him a $800 million payday and cementing him as one of the U.K.'s richest people. 

But the acquisition was later called one of the "most notorious failed mergers and acquisitions" after HP discovered alleged accounting issues, leading to Lynch's firing by HP's then-CEO, Meg Whitman. HP claimed that Autonomy had used accounting improprieties to bolster its underlying financials ahead of the acquisition, charges that Lynch steadfastly denied. 

The case stretched into a 12-year legal fight that ended in June 2024 when a federal court jury in San Francisco delivered not-guilty verdicts.

"I am looking forward to returning to the U.K. and getting back to what I love most — my family and innovating in my field," Lynch said in a statement after the verdict.

Here's what to know about Lynch. 

What company did Mike Lynch start?

Lynch, who earned a PhD in mathematical computing from the U.K.'s Cambridge University, first cofounded a company called Cambridge Neurodynamics, based on the cofounders' work with pattern recognition. The firm used the tech to match fingerprints and car license plates, according to a 1997 article in The Guardian.

From there, Lynch cofounded Autonomy in 1996, which relied on a statistical model called Bayesian inference, named after a theorem developed by the 18th century statistician Thomas Bayes. (Lynch's luxury yacht was christened the "Bayesian.")

The company tapped into the growing need of businesses to sort through and find information within the vast reams of data created by the increasing use of computers and digital documents.

Autonomy's steady growth during its first decade resulted in Lynch being awarded one of the U.K's highest honors, the Office of the Most Excellent Order of the British Empire in 2006.

Lynch told The Guardian in 1997 that people didn't quite believe that a growing tech business could emerge from the U.K. 

"I have actually heard the comment, 'England, software? I thought you made bone china,'" he told the newspaper. 

What happened after Autonomy's acquisition by HP?

At first, HP celebrated the purchase as a huge coup that would propel the Palo Alto, California, company down a promising new path, but then quickly came to regret it under then-CEO Meg Whitman.

HP claimed it found accounting irregularities, and the company ended up recognizing $8.8 billion in losses in the Autonomy deal. Whitman eventually fired Lynch in 2012, while also laying off thousands of workers as HP's fortunes sagged. 

Throughout the past 12 years, Lynch rejected the allegations. He told the Wall Street Journal in 2012 that he was "ambushed" by the claims, which he described as "completely and utterly wrong."

What happened with Mike Lynch's legal case?

Lynch maintained his innocence while testifying earlier this year before a jury during a 2 1/2 month trial in San Francisco. U.S. Justice Department prosecutors called more than 30 witnesses in an attempt to prove allegations that Lynch engaged in accounting duplicity that bilked billions of dollars from HP.

The jury, as noted above, delivered not-guilty verdicts in June, vindicating Lynch, who pledged to return to the U.K. and to find new ways to innovate. 

Who is Mike Lynch's wife? 

Mike Lynch is married to Angela Bacares, who is one of the people rescued from the Mediterranean after the yacht sank. Lynch and Barares have two daughters. One of them, Hannah, 18, is among the missing, according to the BBC. 

Bacares, 57, owns shares in Darktrace, a British cybersecurity company she and Lynch co-founded, the Sun noted . She sat in the front row of the courtroom during her husband's trial, but generally has preferred to stay out of the public eye, the Times of London reported in July.

"We made the decision that Angela would not be involved in the case. She stayed completely separate. Her focus was the family and children," Lynch told the Times last month.

— With reporting by the Associated Press.

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

More from CBS News

5th body recovered from superyacht off Sicily, as questions mount

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Manslaughter probe announced in Sicily yacht wreck that killed 7

Portrait of Jeanine Santucci

Italian authorities are opening an investigation into whether the sinking of the luxury yacht Bayesian, which killed seven people including British tech tycoon Mike Lynch, was manslaughter.

Prosecutor Ambrogio Cartosio said Saturday that the investigation is not targeting specific individuals so far, but that it was "plausible" that the crimes of manslaughter or causing a shipwreck through negligence were committed.

The Bayesian went down off the port of Porticello, near Sicily's capital of Palermo, after an unexpected storm early Monday morning. Fifteen people, including Lynch's wife and the owner of the yacht Angela Bacares, were rescued from the water.

A frantic search of the water and the sunken vessel ultimately recovered the bodies of seven people over the next few days: Lynch, his 18-year-old daughter Hannah; lawyer Christopher Morvillo, an American, and his wife Neda Morvillo; Morgan Stanley executive Jonathan Bloomer and his wife Judy Bloomer; and Recaldo Thomas, who was the ship's chef. Lynch had recently been acquitted in a fraud trial in the U.S.; Christopher Morvillo was one of his lawyers and Jonathan Bloomer served as a character witness on Lynch's behalf.

Investigation underway to find out how yacht sank

Investigators will pull the sunken ship from the sea bottom, where it is lying on its side about 160 feet down.

"It's in the interests of the owners and managers of the ship to salvage it," Cartosio said, adding that it's not out of the question for the investigation to shift to focus on a person.

The catastrophe has puzzled naval experts, who say the yacht should have withstood a storm of this magnitude. No other boats in the area reported damage from the storm.

Survivors, including the Bayesian's captain James Cutfield, have been questioned by authorities about what happened on the ship, but haven't yet spoken publicly. Cutfield was "extremely cooperative," Raffaele Cammarano, another prosecutor, said Saturday.

A maritime legal expert told USA TODAY the disaster could lead to lawsuits and possible criminal charges against Cutfield. Mitchell Stoller, a maritime expert witness and captain, said it was Cutfield's duty to monitor weather and prepare to maneuver the boat through rough waters instead of staying anchored. Italian authorities have said the Bayesian was likely anchored before the disaster. It's not clear if Cutfield has retained an attorney who can speak on his behalf, and messages seeking comment to a Facebook profile appearing to belong to him went unreturned on Friday.

WHY DID THE BAYESIAN SINK? Investigators seek answers to why the luxury superyacht sank in storm

"Indescribable, unreasonable errors" by the crew, not issues with the boat's design, led to its sinking, Giovanni Costantino, CEO of The Italian Sea Group, which owns Perini, told Reuters.

Cammarano said the passengers were likely asleep when the storm hit, which could be why several were unable to escape. The bodies of most were found on the left side of the boat, where they may have gone to try and find pockets of air as it sank, Girolamo Bentivoglio Fiandra of Palermo's Fire Brigade said.

Contributing: Cybele Mayes-Osterman, USA TODAY; Reuters

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Five bodies found by divers searching sunken Bayesian superyacht

Divers have continued to search for survivors off the coast of sicily amid hopes some survivors might be trapped in air pockets inside the ship..

Wednesday 21 August 2024 23:12, UK

Five bodies have been found by divers searching the wreck of the superyacht that sunk off the coast of Sicily.

Four bodies have been brought ashore and efforts to recover the fifth will continue on Thursday.

The body of the yacht's chef, Recaldo Thomas, had been recovered already, the Italian coastguard confirmed to Sky News on Tuesday. The discoveries bring the total number of confirmed dead to six.

Authorities are yet to confirm the identity of the bodies found on Wednesday. One person remains missing.

Superyacht search - latest updates

British tech billionaire Mike Lynch and his 18-year-old daughter were among those missing after the Bayesian went down as a result of being hit by a tornado on Monday morning.

Six were missing in total - with Morgan Stanley International chairman Jonathan Bloomer and US lawyer Chris Morvillo also unaccounted for, along with their wives, Judy Bloomer and Neda Morvillo.

Twenty-two people were on board the vessel, 15 of whom were rescued - including Briton Charlotte Golunski and her one-year-old daughter Sofia.

Giovanni Costantino, the CEO of The Italian Sea Group, which owns the firm which built the yacht, said he had been left in "disbelief" at the news of the Bayesian sinking while anchored off the coast of Sicily.

"Being the manufacturer of Perini and knowing very well how the boats have always been designed and built," he said, "and as Perini is a sailing ship... sailing ships are renowned to be the safest ever."

He added their structure and keel made them "unsinkable".

Divers involved in the search and rescue operation for the sunken Costa Concordia in 2013 have been called in to stretch the amount of time underwater to 20 minutes per dive. For the past two days, a major challenge for divers had been their limit of 12 minutes on each dive, including the time to go down and come back up.

But the Costa Concordia divers have cylinders containing particular micelles which allow for a longer dive.

Divers have been looking for survivors in the hope that some might be trapped in air pockets inside the ship, but experts believe the chances any are left alive are slim.

Divers from the local fire service have been entering the water with torches attached to their headgear at the site of the shipwreck on Wednesday afternoon.

A police boat was also at the scene, while a helicopter hovered overhead.

Dr Jamie Pringle, a reader in forensic geoscience at Keele University, told Sky News there have been cases where people have survived for about 60 hours in similar depths of water.

But he says they are "very rare" and the longer time goes on, the less likely it is they will be found alive.

Simon Boxall, a senior lecturer in oceanography at the University Of Southampton, said it is "fairly certain" they are still on board.

He said it is also possible they were thrown from the boat and into the sea, so a search of the surrounding waters will continue.

Sky News correspondent Ashna Hurynag reported that eight divers from across Italy had been working to find survivors.

In total, there are between 20 and 50 emergency personnel involved in the operation.

The Bayesian, a 56-metre (184ft) British-flagged yacht, went down in a storm early on Monday as it was moored a short distance offshore.

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Billionaire Yacht Was Piloted Recklessly Before Deadly Sinking, Its Builder Warns

The builder of the sunken superyacht owned by British billionaire Mike Lynch, who died with six others after the vessel went down earlier this week , is blaming an "endless chain of errors" for the maritime disaster.

Flying under a British flag, the 184 foot Bayesian was built in 2008 by Italian builders Perini Navi and should've been "unsinkable" had proper procedures been followed, argues Giovanni Costantino, CEO of the Italian Sea Group, which owns the yacht manufacturer.

"Everything that has been done reveals a very long sum of errors," Costantino told Italian newspaper Corriere della Sera in an interview, as translated by People . "The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?"

Red Sky at Morning

An investigation into the sinking is ongoing. It's believed that a small waterspout , or a waterborne tornado, struck the vessel as it was anchored off the coast of Porticello, Sicily, around 5 am local time on Monday, according to  CNN .

At some point after encountering the fierce winds, the ship's towering mast — the second tallest aluminum mast in the world — snapped, before the vessel appears to have capsized and sank with 22 people on board.

Costantino argues — pretty bluntly, we have to say — that the crew and passengers should've anticipated the stormy conditions.

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly," he said in the interview, per People . "It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly."

"Ask yourself, why was no fisherman from Porticello out that night?" he added. "A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts."

Batten Down

Their errors didn't end there, according to Costantino, who said in the interview that there would've been "zero risk" had the right maneuvers been made.

The captain and crew, he further explained to the New York Times , should've turned on the engine, lifted anchor, steered the boat into the wind, and lowered the keel for extra stability, while the passengers should've been gathered in the deck's main hall.

Another precaution would be shutting all the doors and hatches on the ship's side and stern. Costantino claimed that the Bayesian could list, or tilt to one side, to 75 degrees without capsizing, and shouldn't have sunk. But if some of those doors and hatches were left open, he told NYT , the ship could've taken on water too quickly.

As it stands, it's unclear how many of these procedures were executed. The ship's captain, James Cutfield, survived the ordeal and was questioned by authorities, but has not spoken to the media.

It's worth noting that Costantino's arguments could be seen as trying to exonerate his company of any wrongdoing. That being said, the speed at which a vessel of Bayesian's size and reputation sank has stunned sailors and investigators , who are trying to understand why most of the crew survived while six passengers perished.

More on nautical terrors: Orcas Strike Again, Sinking Yacht as Oil Tanker Called for Rescue

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IMAGES

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    Fifteen people, including Lynch's wife and the owner of the yacht Angela Bacares, were rescued from the water. ... led to its sinking, Giovanni Costantino, CEO of The Italian Sea Group, which owns ...

  23. Five bodies found by divers searching sunken Bayesian superyacht

    Giovanni Costantino, the CEO of The Italian Sea Group, which owns the firm which built the yacht, ... The Bayesian, a 56-metre (184ft) British-flagged yacht, ...

  24. Billionaire Yacht Was Piloted Recklessly Before Deadly Sinking, Its

    Blame Game. The builder of the sunken superyacht owned by British billionaire Mike Lynch, who died with six others after the vessel went down earlier this week, is blaming an "endless chain of errors" for the maritime disaster. Flying under a British flag, the 184 foot Bayesian was built in 2008 by Italian builders Perini Navi and should've been "unsinkable" had proper procedures been followed ...

  25. Bayesian (yacht)

    Bayesian was a flybridge sloop designed by Ron Holland and built with a 56 m (184 ft) aluminium hull and a single-masted cutter rig.The 75 m (246 ft) aluminium mast was especially designed for the yacht and at the time of construction was the world's tallest. The yacht had a lifting keel, allowing its draft to be reduced from 10 m to 4 m. [6] It was one of a number of similar vessels from the ...