2024-08-21 09:00:10
Weather
Climate Change
Transportation

Billionaire Mike Lynch's $37 million yacht disaster: Summary of key messages

Image courtesy of : AFP (HANDOUT)

Billionaire Mike Lynch's 56-metre $37 million yacht 'Bayesian' sank in a deadly waterspout off Sicily, killing 6 including Lynch and his 18-year-old daughter. The yacht was carrying 14 others when it vanished.

Warmer 30C seas from climate change are fueling more intense and destructive storms across Europe and the Mediterranean, per Yahoo News and meteorologist Luca Mercalli. The search for the missing continues, with divers attempting to enter the sunken yacht to find survivors.

The tragedy has sparked a 'violent' weather warning for tourists, highlighting the risks posed by extreme weather conditions. The incident has drawn attention to the need for increased safety measures and awareness in the face of unpredictable storms at sea.

The sinking of the yacht has similarities to the Costa Concordia disaster, with the difficult and complex process of salvaging the vessel underway. The tragedy has brought to light the personal stories of those on board, including Lynch's recent acquittal in a fraud trial and the loss of other prominent figures.

The search for the missing continues amidst challenging conditions, with hopes for survivors dwindling.

New York Times - World
21. August 2024 um 05:04

Search Resumes for Missing Mogul and 5 Others in Yacht Sinking

Economy
Politics
A 180-foot British yacht Bayesian sank off Sicily in a storm, killing 1. 6 passengers missing, including mogul Mike Lynch, recently acquitted of fraud in a trial over his sale of Autonomy. Autonomy's former VP Stephen Chamberlain was fatally struck by a car days earlier, per his lawyer Gary S. Lincenberg. 15 were rescued, per Sicily's civil protection agency.
Yahoo!
20. August 2024 um 23:01

Search for six people feared trapped in sunken superyacht set to enter third day

Economy
Finance
Tech tycoon Mike Lynch, founder of Autonomy, was recently acquitted of a $8.64 billion fraud related to the sale of his company to Hewlett Packard. The superyacht trip was a celebration of his acquittal in June 2022. Among the missing is Morgan Stanley chairman Jonathan Bloomer, who had appeared as a defense witness for Lynch. The search continues for the six people feared trapped in the sunken superyacht off Sicily.
World - South China Morning Post
21. August 2024 um 01:16

Mike Lynch’s wife walked on broken glass to escape sinking superyacht Bayesian: report | South China Morning Post

Survivors from the Bayesian sinking are being treated at a Palermo hospital, where they are described as "very tired" and "constantly asking about the missing" people.
Yahoo!
21. August 2024 um 00:59

British billionaire among missing people after storm in Italy sinks superyacht

Economy
Politics
British billionaire Mike Lynch, his wife Angela Bacares, and their 18-year-old daughter Hannah are among the missing after their superyacht sank off the coast of Sicily. Also missing are Chris Morvillo, a lawyer, and Jonathan Bloomer, chairman of Morgan Stanley International, along with Bloomer's wife Judy. The ship sank during a violent storm after a "strong hurricane gust" described by nearby ship captain Karsten Borner, who rescued 15 survivors with 3 heavily injured. In a separate incident,..
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