45 million dollar yacht

Inside the £30m Bayesian superyacht

The superyacht that sank off the coast of Sicily had won multiple awards for its stylish interiors and design.

Mike Lynch , 59, and his teenage daughter, Hannah, are among the seven passengers and crew feared dead when his yacht, the Bayesian, sank off Porticello near the Sicilian city of Palermo.

Divers are searching the wreckage of the 184ft British-flagged vessel, which rests on the sea bed 160ft below the surface and 1,600ft from shore.

The Bayesian, previously called Salute, was built in 2008 by Perini Navi, an Italian shipyard, alongside yacht designer Ron Holland Design. 

When launched, it had the tallest aluminium mast in the world, at 237ft , earning the accolade of best exterior styling at the World Superyacht Awards in 2009.

Inside, the sleek, minimalist furnishings were created by Remi Tessier. The French design house also designed the 240ft-long Nautilus, owned by Thierry Stern, the president of Patek Philippe, and the 177ft-long Parsifal III, made famous by the television show Below Deck Sailing Yacht.

The Bayesian, which accommodated 12 guests in its master, three double and two twin bedrooms, was furnished with a teak deck and beige sofas set against dark wood furnishings.

Thin brown pillars and miniature terracotta sculptures offered a Japanese influence, while a crescent canvas awning kept guests cool on the top deck.

The superyacht won best interior at the International Superyacht Society Awards in 2008, and was also voted one of the best sailing yachts over 45 metres at the 2009 World Superyacht Awards.

Its original owner was John Groenewoud, a Dutch real estate developer, who was said to have purchased Salute from Eric Albada Jelgersma for a reported €35 million (£30 million) when it was built.

Mr Groenewoud, he founder of Built to Build Real Estate, set out an asking price of $35 million (£27 million) and sold the yacht in 2014, according to Boat International.

The Bayesian is now owned by Revtom, a company that listed Angela Bacares, Mr Lynch’s wife, as its legal owner in April. 

It was given the name because Bayesian was the subject of Mr Lynch’s PhD and the name of the statistical method that helped build his empire.

A former chief stewardess of the yacht has spoken of putting on themed occasions and games for the owner’s two daughters.

Monica Jensen, 48, worked on the 184ft superyacht from November 2018 to October 2020 and told The Telegraph: “I had a fantastic time.”

She said she was surprised to hear of the sinking because the boat had withstood the choppiest of seas, telling The Telegraph: “It seems a bit strange. We have been in bad weather with it, crossed the Atlantic. It’s been all over. These things definitely don’t happen very often.”

Ms Jensen said the crew would have been well drilled on the evacuation process, adding: “You can’t work on a boat without the right certificates, training, and you do drills monthly.”

The vessel, which was operated by Camper & Nicholsons, had twin 965hp MTU engines, giving it a range of 3,600 nautical miles at 13-15 knots.

RSB Rigging carried out rig service works on it in conjunction with Astilleros de Mallorca, a shipyard facility in Palma, in November 2016. The Bayesian returned in September 2020 for scheduled service works, with the mast removed and reinstalled.

Steve Branagh, the 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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The superyacht boasted a luxurious dining area

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‘Only comfort is they are still together’ says family of bank boss who died with wife in superyacht sinking

The family of a leading bank boss who died alongside his wife when the Bayesian sank off the coast of Sicily have said their “only comfort” is that the couple are “still together now”.

Jonathan Bloomer , chairman of Morgan Stanley International and insurance company Hiscox, and his wife Judy, a psychotherapist, died when Mike Lynch’s £30 million superyacht sank off the coast of Sicily on Monday.

Their deaths were confirmed on Thursday, along with those of Lynch , Clifford Chance lawyer Chris Morvillo , 59, and his wife, Neda. Tributes to all those killed have been paid by colleagues, friends and business leaders.

In a statement on behalf of all the family, the Bloomer children said: “We are grieving for our loved ones and all of those affected by the tragedy.

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

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

“This is an unimaginable grief to shoulder.”

Mr Bloomer, 70, was formerly chief executive of the Prudential insurance group and a defence witness in the US trial in which Mr Lynch was acquitted of fraud.

On Thursday night, the chief executive of Morgan Stanley described Mr Bloomer as a “friend and mentor to many”.

Ted Pick said: “We are deeply saddened by this tragic news.

“Our thoughts and deepest condolences are with the Bloomer family and all those affected by this tragedy.

“Jonathan’s leadership and experience helped the firm manage a period of complex change for our international businesses.

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

Aki Hussain , the chief executive of insurance group Hiscox, where Mr Bloomer was chairman, added: “We are deeply shocked and saddened by Jonathan and Judy’s tragic deaths.

“Our deepest sympathies go out to their family and friends at this devastating time.

“It was a privilege to have known Jonathan and to have benefited from his generosity and wisdom over the last year in his role as chair of Hiscox.

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

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

Elsewhere, friends and colleagues of British tech tycoon Mike Lynch praised the businessman.

Family friend Patrick Jacob said: “Mike’s ability to identify and solve complex problems was phenomenal as was his ability to simplify and explain them.

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“As a friend, Mike was never dull and always ready for a lively debate on almost any topic conducted with intelligence and convivial vigour.

“He could be challenging and direct but I never came away from seeing him without feeling my life was enriched by the experience.”

Eleanor Lightbody, the chief executive of legal AI company Luminance, said: “I am devastated to hear the news about our founding investor, Mike Lynch, and all of those involved in this tragic accident.

“Mike was a visionary unlike any other. He had a unique ability to spot the next technological revolution and solve tomorrow’s challenges before others even knew they were coming.

“Beyond that, it was his connection to people that made him special. He had a steadfast belief in the UK’s technology sector, in our incredible academic institutions and in the talent he took the time to spot and nurture, regardless of background or discipline.

“Above all, Mike was a kind man who had an impact on many and will be sorely missed. I feel honoured to have known him, worked with him and learnt from him over the years.

“The UK has lost someone with the means, authority, knowledge and drive to propel the UK into technological leadership, but his legacy will live on in all of the extraordinary businesses he built and mentored, as well as his family who are in my thoughts.”

Tim Davie , BBC director-general said: “We are deeply saddened by the awful news about the deaths of those aboard the Bayesian yacht.

“Mike Lynch was an outstanding BBC director who made a major contribution during his time on the board, from 2007 to 2012.

“Wise, generous and insightful, he played a particularly key role in accelerating our transformation as a digital organisation.

“Our thoughts are with his family and all others involved.”

The families of Mr Morvillo and his wife released an emotional statement after the couple were confirmed to have died in the tragedy.

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

“Chris and Neda were each widely respected for their professional successes, Chris as a distinguished attorney and Neda as a skilled jewellery designer, but their true talents were that of mother and father, son and daughter, brother, sister, uncle, aunt and dear friends to so many.

“Neda and Chris lived their lives as devoted, loving parents who always put their daughters and families first. Their passing is a tremendous loss for our family and for the countless people who knew and loved them both.

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

“As we grieve this enormous loss, our primary focus remains on Chris and Neda’s daughters and other loved ones, and we respectfully request privacy.”

Mr Morvillo had taken on several high-profile cases throughout his career, including assisting in the criminal investigation that followed the 9/11 terrorist attacks on New York’s World Trade Center and the Pentagon.

Elkan Abramowitz, partner at Morvillo Abramowitz Grand Iason & Anello PC, worked with Mr Morvillo’s father, Robert Morvillo, who was also a renowned lawyer. The younger Mr Morvillo worked at the firm for several years after he left his role as a federal prosecutor.

“We’ve been in contact with the family, and obviously this is a tragic, devastating fact for them, for us,” he told The Telegraph.

“I met Chris when he was four years old because I was friendly and a partner for many years with his father, Bob Marvillo, and I was like an uncle to Chris, and we feel the loss, not only professionally, but personally. It’s just a tragic, tragic, turn of events.”

He added that after leaving his law firm Mr Morvillo went to work for Clifford Chance where he was “a superstar”.

“And of course, he had this fantastic win just a few weeks ago. He was a wonderful human being and a great lawyer, but more importantly, wonderful person, as was his wife.”

He said Mrs Morvillo was an “independent, strong woman, a very talented jewellery designer and very successful at that.”

07:24 PM BST

This blog is now closed. here are the key points from today:.

The search for the last remaining passenger entered its fourth day

Hannah Lynch is still missing, according to reports from the Italian coastguard

Divers in Sicily recovered the fifth body from the wreckage, bringing the number of confirmed dead to six

The Bayesian’s shipbuilder claimed the superyacht was “virtually unsinkable”

David Davis vowed to scrap the US-UK extradition treaty in memory of Mike Lynch

Mike Lynch considered selling Bayesian before the trip, The Telegraph revealed

The family of Jonathan and Judy Bloomer said their “only comfort is they are still together”

Tributes poured in for the victims

The family of Chris and Neda Morvillo said the couple “lived their lives as devoted, loving parents to their daughters”

07:11 PM BST

Pictured: carlo dall’oppio, head of italy’s firefighters, with his crew at the port in porticello, 07:08 pm bst, british crew member ‘okay’, says brother.

The British engineer who survived the superyacht disaster is “okay”, his brother has confirmed.

Engineer Tim Parker-Eaton, from Clophill, Bedfordshire, is one of the 15 people who survived the capsizing of the Bayesian.

Speaking from his home in Chicago, Illinois, Stephen Parker-Eaton told The Telegraph that his brother Tim “is okay”, but said he had been advised against commenting further.

Stephen said: “I’ve just been advised that he’s in a situation, and they’re dealing with it, and I should not make any comment until that has been resolved with the right authorities.

“I am not aware of the situation - as to what is going on there - I am just aware that he has survived,” he said.

Tim Parker-Eaton has been associated with the Bayesian for over a decade. In 2013 he served as the yacht’s chief engineer.

07:03 PM BST

Sinking’s ‘torture lasted 16 minutes’.

The torture of the Bayesian sinking lasted 16 minutes, according to the chief executive of the Italian Sea Group, which owns several boat brands including the superyacht’s builder, Perini Navi.

Giovanni Costantino told the Financial Times: “The torture lasted 16 minutes. It went down, not in one minute as some scientists have said. It went down in 16 minutes.

“You can see it from the charts, from the AIS [Automatic Identification System] tracking chart.”

06:43 PM BST

Jonathan bloomer, respected city executive who spoke up in a us court for mike lynch – obituary.

Jonathan Bloomer, who has died aged 70, was chairman of Morgan Stanley International, former chief executive of the Prudential insurance group – and a defence witness in the US trial in which the tech entrepreneur Mike Lynch was acquitted of fraud.

A well-respected City professional, Bloomer had a reputation for straightforwardness, decency and attention to detail. Colleagues described a gentle, understated man, perhaps more suited to chair and committee roles than to the limelight he attracted during a rollercoaster tenure at Prudential, where he was finance director from 1995 and chief executive from 2000 to 2005.

Read the full obituary here

06:30 PM BST

Chris and neda morvillo died in bayesian disaster, says family.

The family of Chris and Neda Morvillo has released a statement, confirming the couple died after the Bayesian sank off the coast of Sicily on Monday.

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

05:54 PM BST

Hiscox and hargreaves lansdown mourn ‘giant of financial services’.

The chief executive of insurance group Hiscox has said Jonathan Bloomer “will be dearly missed”.

Aki Hussain said: “It was a privilege to have known Jonathan and to have benefited from his generosity and wisdom over the last year in his role as chair of Hiscox.

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

Hargreaves Lansdown described Mr Bloomer as a “giant in financial services”.

Mr Bloomer served on the investment platform’s board from 2006 to 2013 as a senior independent director.

The group said: “We in the Hargreaves Lansdown family will miss him and our thoughts go out to his loved ones, as well as those of the others lost in this awful disaster.”

05:39 PM BST

Charity pays tribute to ‘champion’ judy bloomer.

Judy Bloomer was a trustee and long-time supporter of gynaecological cancer research charity the Eve Appeal.

Athena Lamnisos, chief executive of the Eve Appeal, called her “our very dear friend”.

The appeal added that she was a “champion for women’s health, medical research and all that the Eve Appeal stands for”.

Sally Bailey, a former chairwoman of charity Pilot Light, wrote that Ms Bloomer was a “wonderful friend” to the Eve Appeal, and “a kind and caring person”.

Ms Bloomer studied English at Homerton College, Cambridge, before working as a psychotherapist for nearly 30 years, specialising in anxiety and stress.

05:13 PM BST

Divers continue search for mike lynch’s missing daughter.

Divers are hunting for Mike Lynch’s missing daughter after it was suggested she may not be inside the sunken superyacht.

Specialist cave divers are continuing their search for 18-year-old Hannah Lynch, who remains the last person unaccounted for after the Bayesian sank on Monday.

Massimo Mariani, an interior ministry official, said that Hannah may still be inside the ship, which lies 165ft underwater on the seabed, or could have been tossed into the sea when the superyacht sank.

Read the full story here.

04:48 PM BST

Jonathan bloomer embodied ‘spirit of kindness’, says morgan stanley chief executive.

The chief executive of Morgan Stanley has paid tribute to Jonathan Bloomer, the bank’s international chairman, following his death in the sinking of the Bayesian.

04:32 PM BST

Pictured: italian firefighter divers continue search of shipwreck, 03:58 pm bst, mike lynch was ‘invaluable’ board member, says british library chief executive.

The chief executive of the British Library, Sir Roly Keating, said: “Mike’s extraordinary understanding of technology, combined with his passion for the British Library’s mission to share knowledge, made him an invaluable member of our board.

“He was thoughtful, perceptive and supportive, and will be deeply missed by all of us who worked with him in his time here.”

Mr Lynch also served on the board of the BBC and was a trustee of the Royal Botanic Gardens, Kew.

03:34 PM BST

Mike lynch considered selling superyacht before trip.

Mike Lynch considered selling his doomed superyacht before his trip to the Mediterranean but changed his mind after his acquittal, The Telegraph can reveal.

The British tech tycoon, 59, had put his £30 million Perini Navi yacht up for sale in March this year but withdrew it from the market in July, shortly after he was  acquitted of fraud in San Francisco .

He planned to spend the summer on board the 56-metre vessel and then review the decision to sell in the autumn, industry sources told The Telegraph.

03:25 PM BST

Bbc director-general pays tribute to mike lynch.

Tim Davie, BBC director-general, has paid tribute to Mike Lynch.

He said: “We are deeply saddened by the awful news about the deaths of those aboard the Bayesian yacht.

03:00 PM BST

Superyacht retrieval would help investigation, says salvage chief.

Nick Barke, head of salvage operations at Boats.co.uk, has said the “only real way of knowing” why the yacht sank will be to lift it to the surface.

Mr Barke warned that such a process would be “expensive and complicated” as “they have to do it in such a way that they don’t damage anything too badly.”

He said divers would attach straps to the boat before it is lifted upright and hauled out of the water by a crane barge.

02:29 PM BST

Chief executive of cancer research uk pays tribute to mike lynch.

The chief executive of Cancer Research UK has added to the tributes paid to Mike Lynch after confirmation of his death on Thursday.

Michelle Mitchell said: “We are deeply saddened to hear of the death of Mike Lynch and all those who have been affected by this tragedy.

“Together with his wife, Angela, Mike was a valued donor to Cancer Research UK and a member of the board for our Create the Change campaign, which funded the building of the Francis Crick Institute.

“His support has helped to bring leading scientists together under one roof to tackle the biggest health challenges faced by humankind, including cancer.

“Our sincerest condolences go out to all the families affected.”

02:00 PM BST

Timing of mike lynch death like ‘shakespearean tragedy’.

The timing of Mike Lynch’s death has been likened to a Shakespearean tragedy by a friend of the technology entrepreneur.

Brent Hoberman, the lastminute.com founder and friend of Mr Lynch, told BBC:  “It’s very tragic and the timing is of a Shakespearean era tragedy.”

Mr Hoberman added: “He had just worked hard to clear his name for the last 12 years and was on a celebratory cruise with the people who supported him so much through that really tough time.”

01:48 PM BST

Admiralty nautical chart shows shipwreck area.

An extract from Admiralty Chart 963 covering ports on the north coast of Sicilia shows the area in which Mike Lynch’s superyacht sank on Monday.

Although the precise spot where Bayesian sank has not been disclosed by the authorities, it is known to be about half a mile south-east of Porticello.

01:33 PM BST

Pictured: rescue workers at the scene of bayesian sinking in porticello, 01:11 pm bst, bayesian superyacht was ‘virtually unsinkable’, says shipbuilder.

The Bayesian superyacht was “virtually unsinkable”, the chief executive of the firm that built it has claimed.

Prosecutors in the nearby town of Termini Imerese have opened an investigation into the disaster and will seek to establish what caused the boat to sink and whether any of the crew are criminally liable.

They are expected to investigate the keel on Mike Lynch ’s superyacht after it was found “partially elevated” – and also whether the yacht’s crew had failed to close access hatches into the vessel before the tornado struck.

Read full story here.

12:45 PM BST

Mike lynch’s co-founder pays tribute to ‘genius’.

David Tabizel, Mike Lynch’s co-founder at software giant Autonomy, has paid tribute to the businessman.

He said: “It looks like we’ve lost our dear Dr Mike Lynch. RIP. The world has lost a genius. His family have lost a giant of a man.

“A glorious professional companion and true friend. Britain’s Bill Gates? Not really. Britain’s Steve Jobs. The father of modern AI.”

12:21 PM BST

Emergency workers would need ‘crystal ball’ to know if and when sixth body recovered.

Emergency workers “would need a crystal ball” to know if and when another body will be found, an Italian fire service spokesman said.

Divers brought a fifth body to shore today, with one person still unaccounted for.

The coastguard said the missing person is a woman. Four other bodies were recovered yesterday.

Luca Cari, a spokesman for the fire rescue service, told Sky News: “We would need a crystal ball to know when we’ll be able to find the next body.

“It’s very difficult to move inside the wreckage. Moving just one metre can take up to 24 hours.”

11:52 AM BST

Inside the £30m bayesian superyacht.

The superyacht that sank off the coast of Sicily had won multiple awards for its stylish interiors and design.

Mike Lynch , 59, and his teenage daughter, Hannah, are among the seven passengers and crew feared dead when his yacht, the Bayesian, sank off Porticello near the Sicilian city of Palermo.

Divers are searching the wreckage of the 184ft British-flagged vessel, which rests on the sea bed 160ft below the surface and 1,600ft from shore.

The Bayesian, previously called Salute, was built in 2008 by Perini Navi, an Italian shipyard, alongside yacht designer Ron Holland Design.

11:43 AM BST

Plans to raise sunken bayesian not yet been discussed.

Plans to raise the sunken Bayesian from the ocean floor have not yet been discussed by the Italian coast guard.

The luxury yacht is lying intact on its starboard side, 165ft underwater, off the coast of Porticello in Sicily.

Asked if plans had been made to salvage the boat, Vincenzo Zagarola, a spokesman for the coast guard, said: “No, this is not a topic on the agenda. It will be, but not now.”

The Costa Concordia cruise liner, which sank off the Italian island of Giglio in 2012, claiming 32 lives, was not salvaged for more than two years.

11:35 AM BST

Mike lynch ‘human being of great ability’, says francis crick institute chairman.

The chairman of the Francis Crick Institute has described Mike Lynch as a “human being of great ability”, following confirmation on Thursday of the technology mogul’s death.

Mr Lynch was a member of the Create The Change fundraising board, set up by Cancer Research UK and which helped fund the building of the institute.

Lord John Browne said: “Mike Lynch should be remembered as the person who catalysed a breed of deep tech entrepreneurs in the UK.

“His ideas and his personal vision were a powerful contribution to science and technology in both Britain and globally.

“I send my condolences to those close to him. We have lost a human being of great ability.”

11:27 AM BST

Firefighters share details about operation.

The Italian fire service has shared an update on social media after the fifth body was recovered from the Bayesian.

Vigili del Fuoco posted a picture of their equipment on X, alongside the caption: “The dives in the sea began in the early hours of the morning and continue for the search and recovery of the last missing person.”

“The body of the fifth victim was recovered and brought ashore by the divers,” they added.

10:54 AM BST

Pictured: ambulance carries body of person found in bayesian, 10:50 am bst, royal academy of engineering pays tribute to mike lynch.

The Royal Academy of Engineering has paid tribute to its “mentor, donor and former council member” Mike Lynch following his reported death in Sicily.

In a statement, the academy said: “The trustee board, fellows and staff of the Royal Academy of Engineering are deeply saddened to learn of the death of Mike Lynch, and send our profound condolences to his family.

“Mike became a fellow of the Royal Academy of Engineering in 2008 and we have fond memories of the active role he played in the past as a mentor, donor and former council member.

“He was also one of the inaugural members on the enterprise committee.

“Our thoughts are with his family and friends at this time.”

10:47 AM BST

Witness testimonies ‘while memories are fresh’ key to investigation, says expert.

Obtaining testimonies from witnesses “while memories are fresh” will be essential for authorities investigating the Bayesian sinking, a maritime investigator has said.

James Wilkes said authorities will want to speak to those who survived or witnessed the sinking “while the memories are fresh in their mind”.

Mr Wilkes told Sky News: “A lot of the other information can be collected a bit more slowly.”

He said those investigating the sinking will likely want to know what the crew knew about the incoming storm and what preparations had been made.

He added: “Fortunately, 15 people survived. I’d like to explore the circumstances in which they were able to survive the storm and the sinking, to look at the anomalies and work out the difference between those and the people that sadly didn’t survive and combine it all with technical data and simulation.”

10:24 AM BST

Jonathan bloomer ‘a very kind individual’, says nspcc chairman.

The chairman of children’s charity the NSPCC has described Jonathan Bloomer, the former honorary treasurer of the organisation, as “a very kind individual”, after the sinking of the Bayesian.

Speaking about the Morgan Stanley International bank chairman and his wife Judy, who reportedly died after the vessel sank off the coast of Sicily, Neil Berkett said: “We are deeply saddened that the deaths of Jonathan Bloomer and his wife Judy have been confirmed after the yacht they were on tragically sank off the coast of Sicily.

“Jonathan and Judy were great supporters of the NSPCC over many years, with Jonathan joining our board of trustees in 2008 and serving as the honorary treasurer from 2009 to 2016.

“We remember Jonathan from his time with us as a very kind individual with a great sense of humour and Judy as formidable and passionate.

“We are so grateful for everything they did for children and the NSPCC and our thoughts are with their family, friends and colleagues at this desperately sad time.”

10:15 AM BST

David davis vows to scrap us-uk extradition treaty in memory of mike lynch.

Sir David Davis has vowed to campaign “in memory” of Mike Lynch to scrap the extradition treaty between the US and the UK.

Mr Lynch was charged with fraud in the United States in 2018 and fought being sent there for trial for years until he was extradited in 2023.

He was cleared of fraud by a San Francisco jury in June this year over the multibillion-dollar sale of Autonomy, his software company. Mr Lynch always denied fraud.

The UK-US extradition treaty was implemented in 2003 but Sir David said it was lopsided in favour of the Americans and does not provide adequate protections for British citizens.

09:55 AM BST

Hannah lynch still missing, says italian coast guard.

Hannah Lynch, the 18-year-old daughter of British technology tycoon, Mike Lynch, remains missing after the body of her father and four others were recovered from the Bayesian, according to reports.

The Italian coast guard confirmed to the PA news agency that the sixth and final person yet to be found was a woman.

Mr Lynch; his daughter; Morgan Stanley International bank chairman Jonathan Bloomer; his wife, Judy Bloomer; Clifford Chance lawyer Chris Morvillo; and his wife, Neda Morvillo, were lost when the Bayesian sank at around 5am on Monday.

09:52 AM BST

Bayesian was stable and only massive entry of water could have caused sinking.

The Bayesian was stable and only a massive entry of water could have caused the sinking, according to the company that built the yacht.

The Italian Sea Group which owns Perini Navi, said in a statement: “The yacht was built in 2008 by the Perini shipyards of Viareggio and the last refit was in 2020.

“The controversies about the mast are sterile controversies because the mast, according to those who have seen it, is intact.

“The retractable keel stabilises the ship, but even without the keel completely out the ship is stable and only a massive entry of water could have caused the sinking which did not happen in a minute as someone wrote.”

09:40 AM BST

Bayesian company executive defends construction.

The chief executive of the company that built the Bayesian has defended the boat’s construction and blamed human error for the sinking of the vessel.

Giovanni Costantino, founder and CEO of The Italian Sea Group, which owns the Perini Navi that built the Bayesian, told Corriere della Sera.“The passengers reported something absurd, that the storm came unexpectedly, suddenly. That is not true.  Everything was predictable.”

Mr Costantino said the Bayesian was “one of the safest boats in the world” and was virtually “unsinkable”.

He added: “Ask yourself – why were none of the Porticello fishermen out that night? A fisher checks the conditions and a ship doesn’t? The disturbance was completely readable on all the weather maps. It was impossible not to know.”

Mr Costantino said the strong winds had pushed the boat for four minutes in what he called “drifting”.  He claimed the boat then rotated and had begun taking on water before it sank.

09:31 AM BST

Divers in sicily recover fifth passenger.

Divers in Sicily have recovered the fifth passenger from the sunken superyacht Bayesian after five were discovered in the wreckage yesterday.

On Wednesday Salvatore Cocina, the head of Sicily’s civil protection agency, said that of the  five bodies found , only four had been recovered. However on Thursday morning the fifth body was retrieved.

A fire service boat with flashing blue lights returned with a blue body bag to Porticello at just after 8.45am local time on Thursday.

Italian authorities are yet to confirm the identities of those pulled from the water.

The  British technology entrepreneur Mike Lynch and his teenage daughter, Hannah, are believed to be among the dead after the £30 million vessel sank on Monday after being hit by a tornado.

Fifteen of the 22 passengers and crew on board, including Mr Lynch’s wife, Angela Bacares, were rescued by emergency crews after the yacht suffered catastrophic damage owing to the waterspout.

British authorities are now  investigating the exact cause of the sinking .

08:46 AM BST

Recap: what happened yesterday.

Mike Lynch and his 18-year-old daughter Hannah are believed to be among five bodies found in the search of the  luxury superyacht Bayesian on Wednesday.

Four bodies were brought ashore. Salvo Cocina, the director of Sicily’s civil protection agency, told The Telegraph that he believed Mr Lynch and his daughter had been found.

Here is a recap of what happened yesterday:

Four bodies were recovered from the sunken superyacht

Divers found a fifth body, which they were working to recover

One person remains missing

Remotely controlled underwater vehicles were used with naval units and cave divers to assist with the search

Divers entered the superyacht’s hull by breaking a window

The captain of the Bayesian was described as a “very good sailor” by his brother

British inspectors arrived in Sicily to investigate the yacht sinking

08:34 AM BST

Fifth body brought ashore by rescue divers.

A fifth body has been recovered and brought ashore from the sunken superyacht Bayesian, Italian authorities confirmed.

Salvo Cocina, the director-general of Sicily’s civil protection agency, told The Telegraph that the body had been recovered from the wreckage, but he did not give any indication of the identity or sex of the individual.

Divers recovered four bodies on Wednesday, with one other passenger still missing.

08:22 AM BST

Diver search and rescue operation.

Specialist cave divers have been searching for missing passengers in the wreckage of the sunken Bayesian.

They gained access to the £30 million vessel after breaking through a 3cm-thick pane of glass.

The teams have scoured wreckage with the assistance of remotely controlled underwater vehicles.

The yacht is lying intact on its starboard side, 165ft underwater.

08:11 AM BST

Pictured: dive teams head to wreckage.

A boat carrying a dive team heads to the site of the sunken superyacht Bayesian.

A fifth body has now been recovered from the wreckage as the search operations enters its fourth day.

07:45 AM BST

British investigators likely to contact designer of mike lynch’s superyacht.

The designer of  Mike Lynch’s superyacht Bayesian is likely to be contacted by British investigators.

The vessel was designed by Ron Holland, a naval architect, who now lives in Vancouver.

Gavin Pritchard, a retired Marine Accident Investigation Branch (MAIB) inspector, told The Telegraph that Mr Holland would, in the normal way, be contacted by the MAIB as its  investigation into the sinking gathers pace.

07:21 AM BST

Prosecutors to investigate mike lynch superyacht’s keel.

Prosecutors will investigate the keel on Mike Lynch’s superyacht after it was found “partially elevated”.

On Wednesday, specialist divers continued to recover the remains of the missing passengers, and the tech entrepreneur and his 18-year-old daughter Hannah are believed to be among those pulled out of the water.

While exploring the Bayesian 165ft underwater on the seabed, it was reported that the vessel’s retractable keel was partially raised, raising questions about the boat’s stability at the time of the sinking.

07:19 AM BST

Search enters fourth day.

The search will resume today for the last remaining passenger of the sunken superyacht Bayesian after the vessel was hit by a tornado on Monday morning.

It comes after five bodies were discovered inside the wreckage yesterday.

Six people, including technology entrepreneur Mike Lynch, were unaccounted for after the vessel was hit by a waterspout at around 5am on Monday causing it to sink.

Salvatore Cocina, the head of Sicily’s civil protection agency, confirmed that of the five bodies found on Wednesday, just four had been recovered. He said the whereabouts of the missing sixth person is not yet known.

Authorities are yet to confirm the identities of those recovered from the wreckage.

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NEW and USED YACHTS for SALE Image

Used Yachts For Sale Between $1,000,000 and $1,500,000

photo of 75' Consolidated Commuter 1930

75' Consolidated Commuter 1930

$ 1,500,000

MONTAUK, United States

photo of 72' Trumpy Houseboat 1972

72' Trumpy Houseboat 1972

Palm Beach, United States

photo of 55' Rybovich Convertible 2004

55' Rybovich Convertible 2004

photo of 59' Hatteras GT60 2010

Price Reduction

59' Hatteras GT60 2010

$ 1,499,999

photo of 68' Sunseeker 2016

68' Sunseeker 2016

Miami Beach, United States

photo of 50' Azimut 50 FLY 2022

50' Azimut 50 FLY 2022

Quincy, United States

photo of 50' Princess V50 Open 2022

50' Princess V50 Open 2022

$ 1,499,000

Boca Raton, United States

photo of 68' Sunseeker Predator 68 2015

68' Sunseeker Predator 68 2015

New Rochelle, United States

photo of 68' Sunseeker Predator 68 2018

New Arrival

68' Sunseeker Predator 68 2018

North Miami Beach, United States

photo of 65' Marquis 65 Pilothouse 2006

65' Marquis 65 Pilothouse 2006

Fort Pierce, United States

photo of 112' Tarrab Raised Pilothouse 1995

112' Tarrab Raised Pilothouse 1995

Nanaimo, Canada

photo of 103' Custom Fjellstrand 1983

103' Custom Fjellstrand 1983

Description

Finding a used yachts for sale between $1,000,000 and $1,500,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available between $1m and $1.5m like  center-consoles ,  cruising yachts , motor yachts , and  fishing boats , with many good options across all length ranges Still, there are plenty of opportunities with brands like  Sea Ray ,  Carver ,  Princess ,  Grand Banks ,  Meridian ,  Viking ,  Hatteras ,  Bertram , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $1.5 million.

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45 million dollar yacht

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  • Vessel ltinerary
  • Administration
  • Dockage & Fuel
  • Maintenance
  • Capital Repairs & Reserves
  • Total Expenses =
  • Name Length Build
  • # Total Expenses Date Saved

Advanced functionality coming soon.

Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

  • Restore Default
  • $   | €   | £

Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

Advanced functionality coming soon…

We are building advanced tools to allow you even greater control over our operating cost calculator. Please enter your email address below to be advised when it is available.

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SYS Yacht Sales - New and Used Boats and Yachts or Sale

Used Yachts For Sale $1,000,000 – $5,000,000

Listed below are used yachts for sale worldwide from $1,000,000 – $5,000,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of luxury used yachts for sale, including long range cruisers, motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between. Search top brands like Horizon, Broward, Azimut, Ferretti, Sunseeker, Princess, Hatteras, Viking, Grand Banks and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

1959 203' Custom-J.J Schiffswerft Beirut, LB

Custom J.J Schiffswerft

Mail

Custom Passenger Ship

1992 186' Custom-Brooke Marine Cap Cana, DO

Custom Brooke Marine

1982 175' 7'' Custom-Husumer Shipyard Flensburg, DE-SH, DE

Custom Husumer Shipyard

Sanssouci star.

1982 175' 6'' Custom-Displacement Twin Screw Flensburg, DE

Custom Displacement Twin Screw

2007 167' Custom-3 Masted Schooner Portsmouth, VA, US

Custom 3 Masted Schooner

1982 163' 9'' Tradewind-Lars Johansson Harlingen, NL

Tradewind Lars Johansson

2010 145' 6'' Superyacht-44m CUSTOM SUEZ MAX EXPLORER Valencia, ES

Superyacht 44m CUSTOM SUEZ MAX EXPLORER

Princess of palau.

1990 144' Heesen Yachts-145 Fort Lauderdale, FL, US

Heesen Yachts 145

1990 144' Heesen-145 Fort Lauderdale, FL, US

Custom Manavgat GT 457

2009 137' 10'' Motorsailer-MS 42 Athens Shipyards Athens, GR

Motorsailer MS 42 Athens Shipyards

1994 137' 10'' Devonport-42m Athens, GR

Devonport 42m

1983 137' 10'' Custom-42 bodrum, TR

Intermarine 136 Tri-Deck Motor Yacht

1996 135' 5'' Custom-custom Iquitos, PE

Custom custom

Crucero amazonas.

2013 134' 6'' Custom-GULET Didim, TR

Custom GULET

Cakiryildiz.

2015 134' 6'' Custom-134 Bodrum, TR

Blount Passenger

1980 131' 3'' Feadship- Cogolin, FR

Seagull of Cayman

2024 131' Inace-Explora 131 San Diego, CA, US

Inace Explora 131

1996 128' Oceanfast-Tri Deck Motor Yacht Nassau, BS

Oceanfast Tri Deck Motor Yacht

2003 128' Baglietto-38M FAST FLY Newport Beach, CA, US

Baglietto 38M FAST FLY

  • Event Details

Check out Nancy Walton Laurie's $300 million superyacht that features a helipad, swimming pool, and aquarium

  • Walmart heiress Nancy Walton Laurie owns a multi-award-winning $300 million superyacht.
  • "Kaos" was built by Oceanco, the same company that built Jeff Bezos' $500 million megayacht.
  • The 361-foot yacht was recently spotted by a TikToker in Miami, Florida.

Insider Today

A superyacht owned by Walmart heiress Nancy Walton Laurie attracted attention recently after being spotted in Miami, Florida.

A TikToker posted a video of "Kaos," Walton Laurie's 361-foot luxury yacht, as it was moored outside her "front door."

"Oh wow, this thing is huge," Bridget Brick says in the video, adding that the yacht "looks like a small city."

@bridgetbrix Never a dull day in Miami, as another, mega yacht pulls up outside my front door. Did you know it’s easy to look up any information about a yacht? I learned this while in Portofino, and from this little search, you can tell who owns yachts & who rents them. 🙊 # #miami # #miamilife # #yacht # #yachts ♬ original sound - Bridget Brick

Walton Laurie, worth $7.5 billion according to Bloomberg Billionaires Index , is the youngest daughter of Walmart co-founder James "Bud" Walton. She inherited her father's stake in the company when he died in 1995.

According to Bloomberg , she has a stake of less than 5% in Walmart, with the rest of the family's holding controlled by her sister, Ann Walton Kroenke. 

Walton Laurie is the founder of a New York-based dance group called the Cedar Lake Contemporary Ballet. She also owns a dance studio located in Columbia, Missouri called the Columbia Performing Arts Centre.

Related stories

According to Yacht Bible , Kaos has four decks and room for 31 guests as well as 45 crew, with the largest deck boasting a swimming pool and even an aquarium. 

It also has a large cinema, sauna, and full spa facilities, the site says.

Photos shared by the Superyacht Times appear to show other features such as a helipad, a jacuzzi, and storage space for a smaller boat. 

"Kaos" was built in the Netherlands by Oceanco, a custom yacht builder which also constructed Amazon founder Jeff Bezos' $500 million megayacht .

"Kaos" was previously named "Al Menwar" by the House of Thani, the Qatari royal family, per the Yacht Bible.

The yacht was fully refitted in 2020 by Luerssen in Hamburg, Germany, per the Yacht Bible, while the interior was redesigned with help from Reymond Langton Design.

Walton Laurie reportedly also owns another lavish superyacht called "Secret," according to Robb Report .

45 million dollar yacht

  • Main content

Used Yachts for Sale Between $3000000 and $4000000

If you're looking for a pre-owned yacht for sale under $4 million dollars, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under four million dollars online include brands like Azimut Yachts ,  Ferretti Yachts , Hatteras Yachts , Ocean Alexander ,  Princess Yachts , Sanlorenzo , Sunseeker Yachts , Viking Yachts , Westport Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $4,000,000. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

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5 Million Dollar Yachts

Find the perfect 5 million dollar yachts for sale.

Immerse yourself in the pinnacle of yachting luxury with our exclusive selection of $5 million yachts for sale. These magnificent vessels are a testament to impeccable design and superior craftsmanship, offering an exceptional blend of performance and elegance. Each yacht in this distinguished range features expansive, beautifully appointed interiors, including lavish staterooms, state-of-the-art entertainment systems, and gourmet kitchens designed for culinary excellence. The exterior spaces are equally impressive, with spacious decks, luxurious lounging areas, and sophisticated alfresco dining options perfect for both relaxation and entertainment. Engineered with cutting-edge technology and advanced navigation systems, these $5 million yachts promise a smooth and exhilarating journey. For those who seek the ultimate in yachting sophistication, our collection delivers an unparalleled lifestyle of elegance, comfort, and adventure on the open seas.

BAD GIRL 273546

SANSSOUCI STAR

MYSTIC 306249

LANGKAWI LADY

LORD OF THE HIGHLANDS 411824

LORD OF THE HIGHLANDS

COSTA MAGNA 108051

COSTA MAGNA

AT LAST  411779

2017 SAFARI YACHT 142 CUSTOM

IRAKLIS L 401757

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45 million dollar yacht

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  1. Inside the World of Mega Yachts

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  5. Giga League: recalling the 10 largest Lürssen yachts

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  6. Introducing “Streets of Monaco,” the World’s First $1 Billion Super

    45 million dollar yacht

COMMENTS

  1. 45 Million Dollar Yachts for Sale

    Find the perfect 45 Million Dollar Yacht for sale. Indulge in the ultimate yachting experience with our exclusive selection of $45 million yachts for sale. These extraordinary vessels are the pinnacle of luxury, combining impeccable design, advanced technology, and exceptional performance. Each yacht in this premier class features expansive and ...

  2. Used Yachts For Sale Under $50 Million

    Find a used yacht for sale under $50 million with United's expert team of yacht brokers. We can help you find the perfect used boat on the market under $50,000,000. ... 10 Million Dollar Yacht; 100 Foot Yacht; Boat Sales Beaufort SC; Gulfstream Boats; ... 45 Ft Sea Ray Sundancer For Sale; Back Cove 340; Used Contender Boats For Sale in Louisiana;

  3. Luxury Yachts for Sale / Mega Yachts for Sale

    List your vessel with IYC today to find the right buyer. By trusting us with the entire process, you can look forward to enjoying expert advice from our first class, experienced team. Over 360 Luxury Yachts for Sale and access to all yachts globally: View the best Super yachts and Mega Yachts for Sale. New Construction and pre-owned.

  4. The 50 most expensive yachts for sale now

    H3. Asking €295,000,000 with Edmiston. Builder: Oceanco. Length: 105.3m. Designers: Reymond Langton Design, Lateral Naval Architects. The most expensive superyacht for sale is H3. What began as a refit project escalated into a three-year rebuild that completely transformed the 95-metre Indian Empress.

  5. Mega Yacht for sale

    Mega Yacht listed for sale on YachtWorld offers a diverse price range, from $86,760 on the more reasonably-priced side to a stunning $109,054,869 for the most extravagant models available. It is important to take into consideration the expenses associated with ownership when evaluating your budget and the listed price of a yacht available for sale.

  6. Inside the £30m Bayesian superyacht

    Mr Groenewoud, he founder of Built to Build Real Estate, set out an asking price of $35 million (£27 million) and sold the yacht in 2014, according to Boat International.

  7. Selection of Yachts For Sale

    With a selection of superyachts for sale worldwide and access to many more yachts for sale privately listed, view the leading yacht brokerage's sales fleet. Buy. Buy a yacht. Yachts for sale; New to the market; Featured Yachts; Recent sales; ... $21,900,000 Add to Compare. ISA GT 45M Length 44m (145ft) Shipyard ISA Built 2026

  8. Best New Yachts $2-5 Million

    New Yachts For Sale Costing $2-5 Million. *Price values of new yachts $2-5 million are either MSRP, Base Price, or Starting At Price, as of June 2023. Pricing may exclude additional options, upgrades, packages, destination fees, taxes, title, license, registration and/or electronic filing fees, dealer fees, and more.

  9. K2 Yacht • US Millionaire $25M Superyacht

    Estimating the Value of the K2 Yacht. This high-class vessel carries an estimated value of $25 million, with annual running costs totaling around $2 million. The price of a yacht like K2 depends on a myriad of factors, such as size, age, level of luxury, and the sophisticated materials and technology used in its creation.

  10. New Yachts for Sale

    Find the latest new yachts for sale on the market 2018 2019 2020 with Fraser Yachts, the world leader in new yacht sales. ... Featured yachts; CURIOSITY 45.2M; featured destinations; Italy; Crew. Crew. Yacht Crew Placement; Yacht Crew Administration; Yacht Crew Training; ... $11,500,000

  11. Yachts for Sale

    For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by ...

  12. Used Yachts For Sale Between $900,000 and $1 million

    Find a used yacht for sale between $900,000 and $1,000,000 with United's expert team of yacht brokers. We can help you find the perfect used boat on the market under $1 million.

  13. 'Only comfort is they are still together' says family of ...

    The British tech tycoon, 59, had put his £30 million Perini Navi yacht up for sale in March this year but withdrew it from the market in July, shortly after he was acquitted of fraud in San ...

  14. Used Yachts For Sale Between $1 million and $1.5 million

    Find a used yacht for sale between $1,000,000 and $1,500,000 with United's expert team of yacht brokers. We can help you find the perfect used boat on the market under $1.5 million.

  15. Superyacht Cost Calculator

    Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel ...

  16. Used Yachts For Sale $1,000,000

    Golden Yachts M/Y O'PATI. Search used boats for sale worldwide from $1,000,000 - $5,000,000. We offer a wide range of used yachts, including luxury motor yachts, trawlers, express cruisers, sportfish yachts and more. Contact our yacht brokers for assistance.

  17. Take a Look Around Nancy Walton Laurie's $300 Million Superyacht

    May 1, 2023, 8:00 AM PDT. Nancy Walton Laurie owns a stake in Walmart. Steve Eichner/Getty Images. Walmart heiress Nancy Walton Laurie owns a multi-award-winning $300 million superyacht. "Kaos ...

  18. 4 Million Dollar Yachts for Sale

    4 Million Dollar Yachts. Discover the exceptional value and luxury with our exclusive collection of $4 million yachts for sale. These remarkable vessels offer a perfect blend of style, performance, and comfort, designed to meet the discerning tastes of yachting enthusiasts. Each yacht in this category features spacious, elegantly appointed ...

  19. RICH IDIOT SINKS HIS 1.45 MILLION YACHT

    This is the whole story after doing some serious web research on the $1.45 million Nakoa yacht sinking. It's gone viral because there's so much crazy stuff t...

  20. All Used Yachts for Sale from $500,000 to $1,000,000

    Used Yachts For Sale - $500,000 to $1,000,000. Dive into the lavish world of pre-owned yachts, where a wide selection awaits you in the price range of $500,000 to $1,000,000.Whether you're in the market for a chic and trendy yacht for fabulous parties or a roomy and cozy yacht for family adventures, there's a perfect match for your one-of-a-kind lifestyle.

  21. Affordable Yachts: Best Boats For Your Budget

    If you want to go on a transoceanic journey, you will need a minimum 45-50m yacht. Yachts over 30m are categorized as a superyacht. Any yacht beyond 80m is referred to as a megayacht- otherwise referred to as a gigayacht. ... but that doesn't have the 2-3 million dollar price tag that a bigger, brand new yacht is likely to command. ...

  22. Used Yachts For Sale $4 Million

    Boats for sale under four million dollars online include brands like Azimut Yachts , Ferretti Yachts, Hatteras Yachts, Ocean Alexander , Princess Yachts, Sanlorenzo, Sunseeker Yachts, Viking Yachts, Westport Yachts, and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $4,000,000.

  23. Tech kingpin Mike Lynch among missing after yacht sinks

    Here's a look at what is known about the sinking of a luxury yacht off the coast of ... is planned bought for $1.4 million; ... criminal charges of masterminding a multibillion-dollar fraud. ...

  24. 75 Million Dollar Yachts for Sale

    Find the perfect 75 Million Dollar Yachts for sale. Discover the epitome of yachting excellence with our exclusive collection of $75 million yachts for sale. These magnificent vessels represent the ultimate in luxury, innovation, and craftsmanship, designed for those who demand the very best. Each yacht in this elite category offers expansive ...

  25. 5 Million Dollar Yachts for Sale

    Find the perfect 5 Million Dollar Yachts for sale. Immerse yourself in the pinnacle of yachting luxury with our exclusive selection of $5 million yachts for sale. These magnificent vessels are a testament to impeccable design and superior craftsmanship, offering an exceptional blend of performance and elegance.