November 11, 1974
Hollywood, Los Angeles, California, USA
The Wolf of Wall Street true story confirms that, like in the movie, Stratton Oakmont was the name of the real Jordan Belfort's Long Island, New York brokerage house. Belfort and co-founder Danny Porush (played by Jonah Hill in the movie) chose the name because it sounded prestigious ( NYTimes.com ). The firm would later be accused of manipulating the IPOs of at least 34 companies, including Steve Madden Ltd. (their biggest deal), Dualstar Technologies, Paramount Financial, D.V.I. Financial, M. H. Meyerson & Co., Czech Industries, M.V.S.I. Technology, Questron Technologies, and Etel Communications.
Belfort's Stratton Oakmont brokerage firm ran a classic "pump and dump" operation. Belfort and several of his executives would buy up a particular company's stock and then have an army of brokers (following a script he had prepared) sell it to unsuspecting investors. This would cause the stock to rise, pretty much guaranteeing Belfort and his associates a substantial profit. Soon, the stock would fall back to reality, with the investors bearing a significant loss. -NYTimes.com
At its peak in the 1990s, Stratton Oakmont, Belfort's firm that he co-founded with Danny Porush, employed more than 1,000 brokers. -TheDailyBeast.com
No. "We never abused [or threw] the midgets in the office; we were friendly to them," Danny Porush (the real Donnie Azoff) says. "There was no physical abuse." Porush does admit that the firm hired little people to attend at least one party. Jordan Belfort's memoir The Wolf of Wall Street only discusses the tossing of little people as a possibility, not something that actually happened. -MotherJones.com
The events in The Wolf of Wall Street movie took place during the late 1980s and early 1990s. Jordan Belfort and Danny Porush founded the brokerage firm of Stratton Oakmont in the late 1980s. The securities fraud and money laundering charges brought against the firm involved companies that Stratton Oakmont helped raise money for in public stock offerings from 1990 through 1997. In 1996, Stratton Oakmont was banned from the brokerage industry, which eventually forced the company to close its doors. -NYTimes.com
No, at least not according to the former co-founder and president of the Stratton Oakmont brokerage firm, Danny Porush (portrayed by Jonah Hill in the movie). The real Porush says that he is not aware of anyone at the firm calling Jordan the "wolf." Porush says that it's just one of a number of exaggerations and inventions in both Belfort's book and the movie. -MotherJones.com
Yes. In exploring The Wolf of Wall Street true story, we learned that Jordan Belfort claims to have met Matthew McConaughey's character's real-life counterpart, Mark Hanna, in 1987 when he was working at the old-money trading firm of L.F. Rothschild. His new acquaintance was an uproarious senior broker at the firm and introduced Belfort to the excess and debauchery that Belfort would later make a daily staple at Stratton Oakmont. Like in the movie, the real Mark Hanna behind McConaughey's character told Belfort that the key to success was masturbation, cocaine and hookers, in addition to making your customers reinvest their winnings so you can collect the commissions. -TheDailyBeast.com
Yes. In The Wolf of Wall Street movie, Jordan Belfort (Leonardo DiCaprio) is shown snorting cocaine off a prostitute's backside and nearly crashing his private helicopter while high on a cocktail of prescription drugs, including Quaaludes, morphine and Xanax. In researching The Wolf of Wall Street true story, it quickly became clear that Belfort used drugs heavily in real life too. In his memoir, he states that at times he had enough "running through my circulatory system to sedate Guatemala."
Yes. Belfort was known to stir his troops into action by belting out words of motivation through a microphone. However, his speeches were often filled with more self-adulation than DiCaprio's speeches in the movie.
The real Jordan Belfort claims this is true in his memoir. The female employee let them shave off her blonde hair for $10,000, which she used to pay for D-cup breast implants. Co-founder Danny Porush also says that the shaving took place, "...the worst we ever did was shave somebody's head and then pay 'em ten grand for it," says Porush. -MotherJones.com
Yes. The character in the movie, Brad Bodnick, who has a goatee and is portrayed by The Walking Dead 's Jon Bernthal, is based on Jordan Belfort's real-life Quaalude supplier, Todd Garret. In his memoir, the real Jordan Belfort claims that Garret sold him approximately 10,000 Quaaludes.
No. According to co-founder Danny Porush (played by Jonah Hill in the movie), the scene where Leonardo DiCaprio's character pals around with a chimp is pure monkey business. "There was never a chimpanzee in the office," says Porush. "There were no animals in the office...I would also never abuse an animal in any way" (though he does admit to eating the goldfish, see below). -MotherJones.com
Yes. According to Jordan Belfort's memoir, the real Donnie Azoff (whose actual name is Danny Porush) did marry his first cousin Nancy "because she was a real piece of ass." After twelve years of marriage, the couple divorced in 1998 after Danny told Nancy that he was in love with another woman ( NYPost.com ). Danny and his ex-wife share three children together.
Though the movie and Belfort's memoir might seem like gross exaggerations of the truth, depicting heavy drug use and sexcapades in the office during trading hours, they're not exaggerations at all says the F.B.I. agent who finally took Belfort into custody, "I tracked this guy for ten years, and everything he wrote is true." Kyle Chandler portrays the agent in the Martin Scorsese movie. -NYTimes.com
Yes, but according to Belfort the car wasn't a Lamborghini like in the movie, it was a Mercedes. He was so high in a drug daze that he couldn't remember causing several different accidents as he tried to make his way home. In real life, one of the accidents was a head-on collision that actually sent a woman to the hospital. -TheDailyBeast.com
Yes. According to the real Donnie Azoff, whose actual name is Danny Porush, the scene where Jonah Hill's character eats a goldfish is based on a true story. "I said to one of the brokers, 'If you don't do more business, I'm gonna eat your goldfish!'" Porush recalls. "So I did." -MotherJones.com
In one scene of The Wolf of Wall Street movie, bricks of cash are taped to a Swiss woman's body. "[I] never taped money to boobs," the real Danny Porush says (played by Jonah Hill in the movie). According to Jordan Belfort's memoir, the event did happen but his partner Porush wasn't there. -MotherJones.com
Yes. As shown in The Wolf of Wall Street movie, Steve Madden had been a childhood friend of Belfort's partner Danny Porush (renamed Donnie Azoff in the movie and portrayed by actor Jonah Hill). Their fondness for drugs and alcohol reunited the two of them. During the initial public offering of his footwear company, Steve Madden Ltd., Madden acquired a large number of shares of his company, which were actually being controlled by Belfort and his firm, Stratton Oakmont. Once shares became available to the public, Stratton Oakmont got down to the business of selling them to unsuspecting suckers. Billing Madden's company as the hottest issue on Wall Street, Belfort's brokers in turn drove up the price. Eventually, Steve Madden was to sell off his shares when the hype was at its peak, just before the stock began its inevitable decline. Similar to what is seen in the movie, Belfort still maintains that Steve Madden tried to steal his Steve Madden shares from him. However, Jordan Belfort did make approximately $23 million in two hours as part of the deal with Steve Madden, who would later be charged as an accomplice to Belfort's scheme. -NYTimes.com For his part, Steve Madden was sentenced to 41 months in prison and was forced to resign as CEO of Steve Madden Ltd. He also resigned from the company's board of directors. However, he did not leave the company entirely. He kept his foot (or shoe) in the door by giving himself the title of creative consultant, for which he was well-compensated even while he was in prison. -Slate.com
Yes. In real life, Belfort's 167-foot yacht, which was originally owned by Coco Chanel, sunk off the coast of Italy when Belfort, who was high on drugs at the time, insisted that the captain take the boat through a storm ( TheDailyBeast.com ). Listen to Belfort tell the story during The Room Live 's Jordan Belfort interview . As he states in the interview, his helicopter didn't fall off the boat during the storm like in the movie. Instead, they had to push the helicopter off of the top deck of the boat to make room for the rescue chopper to drop down an Italian Navy commando.
FBI agent Gregory Coleman, renamed Patrick Denham for the film and portrayed by actor Kyle Chandler, made tracking Belfort and his firm, Stratton Oakmont, a top priority for six years. In an interview ( watch here ), Coleman says that the factors that drew his attention to the firm were "the flashiness, the brashness of their activities, the blatantness of the way they were soliciting people and cold calling people, and the number of victims that were complaining on a daily basis." -CNBC
Yes. The Wolf of Wall Street movie shows Jordan (Leonardo DiCaprio) hitting his wife (Margot Robbie) with his hand and fist. According to his memoir, he actually kicked his wife Nadine down the stairs while he was holding his daughter. She landed on her right side with "tremendous force."
Yes. In real life, he put his daughter Chandler in the front seat of the car without a seat belt on, before crashing it through the garage door and then driving full speed into a six-foot-high limestone pillar at the edge of the driveway. Like in the movie, he was high at the time.
When he was finally arrested in 1998 for money laundering and securities fraud, Jordan Belfort was sentenced to four years in prison. This was after agreeing to wear a wire and provide the FBI with information to help prosecute various friends and associates. In the end, the true story reveals that he served only 22 months in a California federal prison. His cellmate in prison was Tommy Chong of "Cheech and Chong" fame, who was serving a nine month sentence for selling bongs. -TheDailyBeast.com
It wasn't so much a what as it was a who. Tommy Chong (one half of "Cheech and Chong") was Jordan Belfort's cellmate in prison. After laughing at some of Belfort's stories from his days running the firm, Chong encouraged him to write a book. -TheDailyBeast.com
Jordan Belfort attempted to model his writing after Hunter S. Thompson ( Fear and Loathing in Las Vegas ), who was known for using plenty of exclamation points.
Danny Porush, renamed Donnie Azoff for the movie and played by actor Jonah Hill, served 39 months in prison for his part in the corrupt dealings of Stratton Oakmont, the firm that he co-founded with Jordan Belfort. Porush currently runs a medical supply business in Florida, where he lives with his second wife Lisa in a $4 million mansion. A 2008 Forbes article pointed out his company's fraudulent tactics, which included trying to persuade people to order diabetic supplies and getting them to provide information about their physicians that could be used to bill Medicare. A number of complaints surfaced accusing Porush's company of sending unsolicited packages that were accompanied by unexpected Medicare charges. Back in 2001, Porush was arrested in connection to a fraud scheme surrounding Noble & Perrault Collectibles, a company that sold commemorative coins over the phone. Victims saw their credit cards charged repeatedly, at times for thousands of dollars, while often never receiving any merchandise for purchases that were largely unauthorized to begin with. -Sun Sentinel Enjoying a well-to-do life in Florida, Daniel Porush and his wife drive matching Rolls-Royce Corniche convertibles. With regard to The Wolf of Wall Street movie, Porush said, "I really have no comment other than to say I would never try to profit from a crime I'm so remorseful for." -NYPost.com
Catching the Wolf of Wall Street includes more of Belfort's outrageous stories that were not included in his first book. As we investigated The Wolf of Wall Street true story, we discovered that Jordan's books, The Wolf of Wall Street and Catching the Wolf of Wall Street , netted him a $1 million advance from Random House. He also earned $1 million for the film rights to his story ( TheDailyBeast.com ). In a response to criticism over these profits and future profits from the movie, Jordan Belfort said the following via his Facebook page, "I am not turning over 50% of the profits of the books and the movie, which was what the government had wanted me to do. Instead, I insisted on turning over 100% of the profits of both books and the movie, which is to say, I am not making a single dime on any of this." According to Jordan, the money is being used to pay back the millions still owed to those who were scammed by his brokerage firm Stratton Oakmont.
Yes, the real Jordan Belfort appears at the end of the movie as the person who introduces Leonardo DiCaprio's character before he takes the stage at his Straight Line seminar.
Yes, but only loosely. The brokerage firm in the movie Boiler Room , released in 2000, was inspired by the illegal practices of Jordan Belfort's Stratton Oakmont firm. In the movie, actor Ben Affleck portrays Jim Young, the Belfort-esque co-founder of the firm, who, like Jordan Belfort, trains his brokers in the "pump and dump" scheme. -NYTimes.com
Watch The Wolf of Wall Street movie trailer. Also, view Jordan Belfort interviews and home video footage of him speaking at a Stratton Oakmont party in the 1990s.
Jordan Belfort Speaks at the Stratton Oakmont Christmas Party (1994) The real Jordan Belfort speaks at the 1994 Stratton Oakmont Christmas party. He tells the firm's employees that he is "proud" of what he has accomplished and that the employees should also be proud of the once-in-a-lifetime opportunity they have been given. At the end, he shares a moment with co-founder Danny Porush (Jonah Hill in the movie). The video was posted by Mary Detres, author of the book , which provides an insider's account of what it was like to work at the notorious brokerage firm. |
Jordan Belfort Interview Grant Lewers interviews Jordan Belfort on in 2010 about his memoir . Belfort talks about his life and what led him to start his firm. He offers his four keys to success that he teaches during his seminars and he recounts various stories, including his drug addiction, the story about his yacht sinking from the book, and trying to commit suicide. |
FBI Agent Gregory Coleman Interview (2007) This CNBC interview is from 2007, around the time of the release of Jordan Belfort's first memoir . Following a brief interview with Belfort, during which he describes himself as an "arch-criminal" who was in a way a "cult leader," FBI agent Gregory Coleman speaks about why he was so determined to catch Belfort. |
The Wolf of Wall Street Trailer 2 The second trailer for the Martin Scorsese movie , based on the autobiography of the same name by Jordan Belfort. The movie stars Leonardo DiCaprio, Matthew McConaughey and Jonah Hill. |
The Wolf of Wall Street Trailer Martin Scorsese directs Leonardo DiCaprio in the film adaptation of Jordan Belfort's memoir chronicling his life as a fast-living, corrupt stockbroker during the 1990s. Belfort's criminal ways caught up with him in 1998 when he was convicted of securities fraud and money laundering for which he spent 22 months in Federal Prison. |
luxuo guide
The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.
What happened to the Jordan Belfort yacht Nadine? As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.
Did the yacht scene in The Wolf of Wall Street actually happen? The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.
The movie captured each passenger’s fear and stress when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober. Several rescue attempts were made, but each was called off due to rising risks. By some twist of luck, the yacht’s engine room remained undamaged primarily for a while, because of which they were able to make their way through the sea.
The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.
Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine had a luxuriously vintage charm, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.
The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now has practically negative net worth at 59 years of age. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today. It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.
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The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.
As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.
Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.
While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.
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The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.
The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.
The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.
Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.
Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.
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The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.
Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.
In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.
The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.
The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.
Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.
Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.
The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.
It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.
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ABC Capricornia
Topic: Maritime Accidents and Incidents
Jamie McIntyre, pictured with wife Nadine Roberts, formerly owned the yacht but says he sold it. ( Facebook )
The luxury pleasure cruiser started taking on water on a weeknight in May, with just the caretaker on board.
Unregistered and unable to berth at the nearby marina, it had been anchored off the coast of Yeppoon in Queensland.
But the superyacht had dragged its anchor in the rough weather, and was heading towards the rocky shore south of Lammermoor Beach.
As it drifted and sank into the ocean, maritime crews rescued the caretaker and towed the million-dollar yacht to safer waters.
The mystery superyacht creating a logistical nightmare for authorities was shrouded by a chequered past.
As it ran aground, baffled Yeppoon locals watched salvagers cut the marooned vessel into pieces, as debris washed up on the pristine coastline.
The superyacht was deconstructed over the course of a week. ( Supplied )
Richie Cunningham skippered for Mr McIntyre a decade ago. ( Facebook )
No-one came forward to claim ownership of the boat.
But accusations were quick to fly.
"This couldn't happen to a nicer person," boat captain Richie Cunningham told his Facebook followers in a video from Lammermoor Beach, with the partially submerged superyacht in the frame behind him.
"This is karma at work."
The swipe was at Gold Coast identity Jamie McIntyre, a banned businessman previously known for hosting lavish parties in Surfers Paradise.
In 2016, a Federal Court judge banned Mr McIntyre from managing corporations for 10 years, after he was found to have run five unlawful managed investment schemes, which cost 152 investors $7 million.
Mr McIntyre has been tied to the sunken superyacht, but strongly denies that he is its current owner.
Mr McIntyre with Ms Roberts (together, right). ( Facebook )
"It was owned by a boat syndicate," Mr McIntyre told ABC Capricornia in a text, "mostly overseas owners who don't live in Australia."
Mr McIntyre said he had plans to buy the boat as "a wedding present".
"I used to own it and was buying it back as shareholders wanted it sold, once its commercial survey for charter was complete."
Mr McIntyre married Brisbane influencer and "entrepreneur" Nadine Roberts in May.
Ms Roberts has not responded to requests for comment for this story. ( Facebook )
Ms Roberts' Instagram feed lists a press pass picturing her as a "journalist" for an anti-vax website. Both have appeared as speakers and performers at anti-vaccination rallies.
Two days before the superyacht sank, a company called Boat Syndicate was registered in Ms Roberts' name.
The company's co-director is listed as Alejandro Mendieta Blanco, a luxury goods buyer and self-described "Colombian playboy", who was jailed in 2020 for receiving stolen gold jewellery and a Louis Vuitton handbag.
Alejandro Mendieta Blanco describes himself as a "Colombian playboy". ( Facebook )
Neither Ms Roberts nor Mr Mendieta Blanco have responded to requests for comment.
But Mr McIntyre denies Boat Syndicate is the yacht's owner.
"Boat Syndicate was a company set up to buy it, but as it sunk [the] sale obviously can't go through," Mr McIntyre said in a text to the ABC.
Another syndicate listed on the Australian Securities and Investments Commission lists Ms Roberts and Mr Mendieta Blanco as shareholders, with Ms Roberts listed as secretary and director.
Alejandro Mendieta Blanco was jailed for receiving stolen gold jewellery and a Louis Vuitton handbag. ( Supplied )
Known as Boat Swap Syndicate, that company was deregistered in February.
Another of the former Boat Swap Syndicate shareholders, a Turkey-based financial planner, confirmed the syndicate used to own the sunken yacht.
Mr McIntyre did not respond when asked about that syndicate, and has refused to clarify who the current owner is.
"I spoke to some of the shareholders," Mr McIntyre said.
"They said they have no interest in speaking to 'fake journos who works [sic] for mainstream media outlets like the ABC'.
"It must be a very slow news year in Rockhampton," Mr McIntyre said.
"You don't need to speak to anyone … you need to get a life."
Mr McIntyre had plenty of bikini-clad partygoers on board his luxury cruises, his former skipper says. ( Supplied )
Boat captain Richie Cunningham said he skippered for Mr McIntyre a decade ago, when he hosted luxury cruises along the Gold Coast with a boat known as Livin' I.
"I guess the standard operating procedure was party mode," Mr Cunningham said about the time he worked for Mr McIntyre.
"There were plenty of young bikini-clad partygoers, and Jamie and his friends, having a great time.
"And that's all wonderful. But where I drew the line was overloading the vessel."
Mr Cunningham said he quit over alleged safety concerns.
"It's just not viable to have 30 or 40 people trying to clamber all over a 58-foot sports cruiser."
Mr McIntyre claims Mr Cunningham was sacked and his comment on Facebook was motivated by this.
"He can barely write, let alone count, more bulls**t from a sacked skipper," Mr McIntryre said.
Mr Cunningham said he understood the sunken boat to be called Livin' II and that it was not the first time it had been in trouble.
"It's very well known, particularly on the Gold Coast, as a vessel that had previously jammed itself under Sundale Bridge, and then was towed out very unceremoniously."
Mr McIntyre responded, saying that the yacht was "illegally used by a boat manager and stand-in skipper for illegal charters without the owner's permission and crashed into a bridge".
"It's also run aground before on the Gold Coast near what's known as Bum's Bay just north of Sea World," Mr Cunningham said.
Mr McIntyre has a history of complex company structures and directorships which makes it difficult to track who owned the boat.
But the ABC understands Livin' II had previously been operating as a pleasure cruiser for Gold Coast Luxury Escapes, to which Ms Roberts is listed as a company director.
Mr McIntyre's former bookkeeper's husband was also listed as a director.
The Australian Maritime Safety Authority (AMSA) reported a previous company linked to Mr McIntyre was fined $20,000 in the Southport Magistrates Court in 2020 for hiring out the boat without a certificate of operation or a certificate of survey.
At the time, AMSA said authorities were alerted to the operation "after a paying passenger died from a medical condition during a cruise on December 31, 2018".
The ABC is not implying that Mr McIntyre was implicated in the death.
The owner of a marina in south-east Queensland, who wished to remain anonymous, said he kicked the boat out of his marina after witnessing unauthorised charters.
He said he almost got into a "punch on" with a DJ after "a busload of girls rocked up for a party" on the boat and that he told Mr McIntyre he had to leave his marina immediately.
Maritime Safety Queensland (MSQ) would not respond to specific questions from the ABC about the sunken yacht's registration, insurance or ownership.
In a statement, MSQ general manager Kell Dillon said it was still investigating, in conjunction with AMSA.
"Owners are always responsible for maintaining their vessels or removing them from Queensland waters where they become unseaworthy," Mr Dillon said.
"MSQ has options to seize vessels and remove them as well as to recover costs where practicable through the courts."
Mr McIntyre said there had been "a commercial-in-confidence deal done with the Queensland government" to recover costs, but MSQ has not confirmed this.
Queensland Police said that, at this stage, it was not involved in the investigation, as that was MSQ's jurisdiction.
AMSA said it was "assisting Maritime Safety Queensland with ongoing enquiries".
If the boat is owned by an international syndicate, it's very difficult for the public to ascertain that information.
Ian Bray — the national coordinator for the International Transport Workers Federation — said ownership of international boats in Australia waters was incredibly murky.
Mr Bray said that, often, boats were registered under shell companies in tax havens, making it difficult for authorities to know who actually owned them and was responsible for them.
"It's completely unregulated," Mr Bray said.
"It's really the other dark web — the dark web of shipping.
"It's a global issue that governments need to start to pay attention to.
"When you consider that 90 per cent of the world's activity regarding trade is dependent on shipping, I think it's in everybody's interest that they do pay further attention to it."
The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.
The luxury yacht used in Scorsese’s film actually bears little resemblance to the Nadine , being a far more modern vessel. The director hired the 148-foot Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.
In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real Nadine sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard.
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I saw this m/y on another thread here and it peaked my curiosity. Very narrow beam, apparently extended a couple times and then it sank off the coast of france. Does anyone know where she was built? Specs? Engines? Any sister ships? And why did she sink?
And why did she sink? Click to expand...
Built in Holland in one of the founding federation of ship builders that finally became the modern day two Feadship yards of Van Lent and DeVries. Believe she was launched as CoCo Chanel (not sure) than named Jan Pamela and "Jumbolized" or a mid section of 30' fabricated @ Merrill Stevens and installed in 1982. Sank while making passage from Naples to Sardinia as the loss has been well documented.
Back at the time of her sinking I'd heard that a forward hatch blew open in rough seas and it was a done deal from there. They tried to jettison the toys to regain stability, but it was too little, too late.
Hi, The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow. This allowed more waves to break over the fordeck and they caused one of the large tenders carried there to shift, breaking one of the dining salon windows that overlooked the foredeck, which causing flooding on the maindeck. As if that wasn't bad enough, the violent motion of the yacht caused the swim platform to rip off the hull, allowing the lazarette to flood.
Ahh, now its coming back to me, The first lengthening was the 12' cockpit addition @ Merrill Stevens in 1980 the original machinery in place when launched was Detroit Diesel 12-71 naturals for mains and 6-71 gens. Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami.
captholli said: Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami. Click to expand...
But then not to long after the Nadine sinking, Mr. Little hired that Capt to run Starship. Proved to be a good idea because that captain did an excellent job marketing the vessel for charter. I then felt fortunate enough to be there when Mr. Little did has last boat ride before departing for the big boat in the sky. We went to Freeport Bahamas Port Luycaya. The unique thing was, on that trip I never seen him happier.
Hi, Uncle Bernie as we used to call him was an outstanding Owner and one heck of a gentleman to work for or be associated with.
I was the Engineer from '80 to '84 when Mel Powers out of Dallas owned her as Jan Pamela and Norm Dahl was Capt. So I have first hand knowledge of what, when and where the cockpit and and mid section were added right down to a young Kiwi, Paul Solenicks contracted to provide the electrical work through his newly formed Co. Tess Marine. After Mel filed chapter 13 the boat went up for auction and the Whole crew went on to Empress Subaru.
The autobiography "The Wolf of Wall Street" and "Catching the Wolf of Wall Street" both have some information about the sinking of the Nadine. The movie "Boiler Room" was allegedly the story of Nadines owner’s business on Long Island. I think the book about megayacht disasters also has some interviews with the captain and crew that were taken after sinking.
Hi, Captholli- Would your first name be Mark by any chance?
No, But enjoying the anonymity as you do "Kiwi" Cheers!
Hi, I asked because in 1984 I met a guy who was Chief on Empress Subaru and I thought his name was Mark Hollingsworth. He also got speared in the foot with a dart at a party I was at. By the way Paul Salenieks expanded his co - Tess Electrical Marine and sold it out to a multi national.
Seawind with Allison C-18 I have been a passenger in that Seawind a few times. She was powered by an Allison C-18 Turbine with a cut down 3 blade prop. Quite a fast plane. The plane was in the USA when Nadine went down. Do read the account in "The Wolf OF Wall Street".
this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story
Hi, It had a few more interesting Owners as well. The late great Bernie Little and the infamous Mel Powers to name just two.
Benprez said: ↑ this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story Click to expand...
MY Nadine With the new movie 'The Wolf of Wall Strret' about to come out, I relooked at this thread and discovered it has never been clearly answered. The 'Nadine' was originally built at Niklaas Vitsen und vis in Aalkmar Holland circa 1962 for a wealthy French industrialist - she was floated as 'Mathilda' and retained this name until May 1977 when she was renamed Coco Chanel and crossed over to the US. She was originally fitted with GM Diesels and Mercedes gensets.The next time she was over in the Med, if my memory serves me right was in 1988 at the Cannes Film Festival, on charter having come across on Dock Express. Jordan Belfort was onboard with guests and full crew when she sadly sank off Corsica (all rescued fortunately) - theories and way she sank are numerous and probably mostly inaccurate, but I believe her length, by now 53 metres instead of the 40 metres she was originally built at, contributed. However, having sailed on this vessel as Ch.Off from 1970 - 1977, she should never have set sail in the weather conditions that day, which eventually were worse than forecast - whatever the Owner said!!
Hi, Mel Powers owned it when it was stretched by Merril Stevens in Miami. It lurked around the area for a few years and the late Bernie Little expressed an interest in it when it was called Jan or Jam Pamela and was laying at Merril Stevens in 1988. I was working for BLL on something else and was asked to go take a look. I next saw it when I was in Astilleros in Palma in the summer of 1989. Follwing this it was acquired by BLL and I worked on the refit when it was repowered with CAT 3412's and CAT Gensets in late 1992. The rest as they say is history - there are varying accounts of many historical events so this fits well.
June 1997 She was built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel with a length of 37 metres. In the 70s she was extended by 4.5 metres through the addition of cockpit and in 1988 she was cut in two halfs and a 9 metre section was inserted amidships by Merrill-Stevens yard, which gave her a complete salon amidships in addition to the more usual aft one.
In 1989 she was for sale bearing the name Edgewater and was by then still powered by two 480 hp diesels. In 1993 she was for sale once again, this time bearing the name Big Eagle and repowered with two Caterpillar 3412-diesels. Her beam was always a very slender 6.8 metres. There was actually a feature of her in February 1993 in Boat International when she was on a yacht charter at the Fort Lauderdale yacht show.
Nadine’s sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow. This allowed more waves to break over the fordeck and they caused one of the large tenders carried there to shift, breaking one of the dining salon windows that overlooked the foredeck, which causing flooding on the maindeck. As if that wasn’t bad enough, the violent motion of the yacht caused the swim platform to rip off the hull, allowing the lazarette to flood.
“Nadine” sank during a storm off the east coast of Sardinia, while crossing from Porto Cervo to Capri. Some people may recall her as the yacht that has an incredible number of toys onboard such as a seaplane, a helicopter, 8 jetskis, 4 or 5 tenders and much more including two large glass windows in the master stateroom that allowed to see the sea floor. Everyone onboard was saved by the Italian coast guard also thanks to all the floating devices the yacht carried.
The key unanswered question remains — how did this happen?
What started out as a celebration on a luxury yacht off the coast of Sicily ended in tragedy on Monday, Aug. 19, when the craft — the 183-foot-long Bayesian — seems to have sunk quickly into the waves of the Tyrrhenian Sea after what the Italian coast guard called a “violent storm.”
Twenty-two people were aboard, including 12 passengers and 10 crew, authorities have said.
Fifteen people were soon rescued after the Bayesian sank. By Friday, Aug. 23, following complicated and protracted search and rescue efforts , the bodies of all seven victims had been found, sources told PEOPLE.
Among the dead are British tech tycoon Mike Lynch and his daughter Hannah.
Here’s what to know about the tragedy as Sicilian officials are expected to share more information this weekend.
Built in 2008 by Perini Navi, with a much lauded interior designed by Rémi Tessier and naval architecture by Ron Holland, the luxury vessel was refitted in 2020 and included six suites for as many as 12 passengers, plus quarters for 10 crew — the size of the traveling party this week when the yacht sank.
It has previously gone by the name Salute . But Bayesian appears to be a nod to Lynch’s career: It refers to a kind of mathematical modeling used in his software company Autonomy.
Notably, the Bayesian has been touted as having the world’s “largest aluminum mast” at some 246 feet.
Other features included design elements specifically to “favor alfresco entertainment” outdoors, such as a large covered saloon, as one charter company put it. And the interior was intended to “create familiar, pure, and natural atmospheres,” according to the charter description. Past photos show rooms bedecked in warmly lit neutrals and cream colors.
According to the Italian coast guard, the Bayesian was off the coast of Porticello in Sicily, on the northern tip of the island, when disaster struck on Monday.
A source close to the survivors previously told PEOPLE that the passengers were celebrating after Lynch, labeled in headlines as Britain's "Bill Gates," was acquitted in June in a financial fraud trial in the U.S. that was related to selling his software company Autonomy for $11 billion to Hewlett Packard in 2011.
“That's why he took his closest friends and colleagues on the trip,” the source said.
Lynch himself reflected on how his life had changed after coming out from under the shadow of his legal troubles. He told The Sunday Times in the U.K. in late July that he felt like he'd been given a "second life."
But "the question is," he said then, "what do you want to do with it?”
The 12 passengers included Lynch, his daughter Hannah and his wife, Angela Bacares; Chairman of Morgan Stanley International Jonathan Bloomer and his wife , Judy Bloomer; New York City-based lawyer Christopher Morvillo and his wife, jewelry designer Neda Morvillo; Charlotte Golunski , her partner, James, and daughter Sophie and Ayla Ronald , a colleague at Christopher Morvillo’s law firm.
The BBC reports that Ronald was also with her partner.
The 10 crew included cook Recaldo Thomas , who was among the seven victims who died, as well as the captain, reportedly named as James Cutfield, and others. According to The New York Times , one of the deck stewards was a 19-year-old South African native on his first such voyage.
Bacares, Ronald and her partner, Golunski and her family and nine of the crew survived the sinking. The coast guard has said that some of them were “initially rescued by a boat in the immediate vicinity.”
Karsten Borner was the captain on the nearby boat and said he saw the yacht sink quickly.
"It all happened in really little time," he told Italian news outlet Rai, according to the BBC.
“The storm was over. We noticed that the ship behind us was gone,” Borner told the BBC. “And then we saw a red flare, so my first mate and I went to the position and we found this life raft drifting [with] 15 people inside."
Italian authorities have not yet publicly named all seven victims, though a government official told Reuters that Lynch was among the dead and the chef’s body was also identified to PEOPLE and other outlets by local sources involved in the investigation.
Five other passengers were initially described as missing and five more bodies have since been found in the wreck, sources said: Lynch’s daughter Hannah; Jonathan and Judy Bloomer and Christopher and Neda Morvillo.
This has emerged as perhaps the key question in the tragedy , and the answer remains unclear.
One theory is that the boat capsized after being struck by a waterspout (which refers to a tornado over the water), though there may have been more factors at play that contributed to the sinking.
"The dynamics aren't clear — lightning, mini tornado, water spout, it's not clear exactly what happened," one person close to the search efforts tells PEOPLE. "The most likely hypothesis is that the cause was indeed a tornado that began at land and then sped out off coast and became a waterspout at sea with a speed of more than [180 miles] per hour, to the point that it managed to practically sink the ship whilst causing minimum damage to both the mast and the hull."
"Eyewitnesses said the boat went down in minutes," this person adds.
The source says the vessel’s upper hatches could have been open at the time of the disaster, which would have caused the boat to quickly fill up with water. The source also says that large amounts of water may have flowed onto the ship through the hatches as the vessel rocked back and forth during the storm.
“This would be the only thing that could cause the hull to rear up which, as several survivors told the investigators, made the ship sink in literally 60 seconds,” the source says.
Another factor that could have caused the yacht to lose stability was its movable keel, which is an underwater blade designed to help keep boats upright and prevent them from swaying back and forth, the source close to the investigation tells PEOPLE.
They say that the 30-foot keel was allegedly retracted to about 13 feet when the storm hit, while natural experts say it would have been strange to retract the keel at that location if the crew knew bad weather was approaching.
The boat’s 236-foot mast may also have also played a role in allowing the boat to rock, similar to a pendulum.
"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 .
Speaking with PEOPLE, Costantino was more circumspect.
“I obviously can't say for certain [what happened],” he says, “but what I'm sure of is that the only reason a sailboat, especially one with Perini Navi technologies installed, could sink is if it fills with water."
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Read the original article on People .
Seven people died when the luxury vessel capsized off Sicily after being hit by a violent storm last month.
By Claire Gilbody Dickerson, news reporter
Tuesday 3 September 2024 00:02, UK
The first post-mortem examinations on two victims of the Bayesian superyacht sinking have been carried out.
Seven people died when the luxury boat, owned by British tech tycoon Mike Lynch, capsized off the coast of Sicily , Italy, after being hit by a sudden, violent storm in the early hours of 19 August.
US lawyer Chris Morvillo and his wife Neda, the first victims to undergo a post-mortem, were found to have drowned.
Mr Morvillo was in Mr Lynch's legal team in a fraud case involving the 2011 sale of Autonomy to Hewlett Packard in a $11bn (£8.3bn) deal.
The British entrepreneur, 59, who co-founded Autonomy, was acquitted in June and he had organised the yacht trip to celebrate his legal victory.
The bodies of six of the victims, including Mr Lynch, his 18-year-old daughter Hannah, and passengers Jonathan and Judy Bloomer, were discovered in the wreck during a five-day search operation by divers.
The yacht's chef Recaldo Thomas was found dead near the boat the day after the disaster happened.
Superyacht sinks: Divers find body of final person missing from inside wreckage
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Mike Lynch and daughter among missing after yacht sinks: What we know about disaster - and 'alarming' potential cause
Mr Lynch's wife, Angela Bacares, survived the sinking, along with 14 other people.
The post-mortem examinations were carried out by coroners designated by Palermo prosecutors, who confirmed the results.
Read more: CCTV shows Bayesian engulfed in storm moments before it sank What we know about the Bayesian superyacht that sank
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Post-mortems are planned on Wednesday on the bodies of Mr Bloomer, who was the chairman of Morgan Stanley's London-based investment banking subsidiary, and his wife Judy.
They are pending for Mr Lynch, his daughter and Mr Thomas.
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Prosecutors are investigating the captain and two crew members for possible responsibility in connection with the sinking.
Meanwhile, American tech giant Hewlett Packard has said it is to continue with legal proceedings "through to their conclusion" to seek up to £3bn in damages from Mr Lynch's estate in the UK.
Watch CBS News
Updated on: September 2, 2024 / 3:04 PM EDT / CBS/AP
Hewlett Packard Enterprise will pursue a lawsuit against the estate of British tech entrepreneur Mike Lynch, who died in August after his yacht sank off the coast of Sicily.
Britain's High Court in 2022 ruled mostly in favor of the U.S. technology company, which accused Lynch and his former finance director of fraud over its $11 billion takeover of his software company Autonomy. Hewlett Packard is seeking up to $4 billion in damages, and the judge is expected to issue a decision on the final sum soon.
Lynch died when his yacht, the Bayesian, sank in a storm off Sicily on Aug. 19. His widow, Angela Bacares, could now be liable for the damages. Months before the sinking, Lynch was acquitted in a separate U.S. criminal trial of fraud and conspiracy charges in the deal.
Hewlett Packard initially celebrated the costly acquisition of Lynch's company in 2011 but quickly came to regret it. The company said in a statement Monday that it had "substantially succeeded" in its civil fraud claims against Lynch and Sushovan Hussain, the former finance director.
"It is HPE's intention to follow the proceedings through to their conclusion."
However, the judge in the U.K. civil case has already ruled that the amount payable in damages would be "substantially less" than the company is seeking.
A spokesperson for Lynch's family declined to comment.
Lynch and his 18-year-old daughter Hannah were among six passengers who died when his 184-foot luxury yacht sank quickly in a storm on Aug. 19. One crew member, the boat's chef, also died, while 15 people survived the disaster. They had gathered on the yacht to celebrate Lynch's acquittal.
The incident has raised questions , as another sailboat that had been anchored nearby off the coast of Palermo made it through the storm unscathed. Officials initially said the yacht was struck by a tornado over the water, known as a waterspout. Prosecutors in Italy are investigating the captain on possible charges including manslaughter.
The captain, engineer and a sailor aboard the yacht, called "Bayesian," were placed investigation for possible manslaughter in connection with the shipwreck.
Federal authorities sought for years to extradite Lynch from the U.K. to face multiple counts of fraud and conspiracy in the U.S. related to HP's acquisition of Autonomy.
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Hewlett packard enterprise is due to receive damages after winning a civil case against dr lynch in the uk’s high court, article bookmarked.
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An American technology company says it will continue to pursue £3bn worth of damages against Mike Lynch’s estate, despite his recent death in a superyacht disaster.
Hewlett Packard Enterprise (HPE) won the multi-billion-pound High Court claim against the British tech tycoon in 2022, over fraud claims involving the sale of Dr Lynch’s firm Autonomy in 2011.
However, his death aboard the Bayesian yacht , which sank during a freak storm on 19 August off the coast of Sicily, means that his family could be liable for the payout.
In a statement, HPE said: “In 2022, an English High Court judge ruled that HPE had substantially succeeded in its civil fraud claims against Dr Lynch and Mr Hussain.
“A damages hearing was held in February 2024 and the judge’s decision regarding damages due to HPE will arrive in due course. It is HPE’s intention to follow the proceedings through to their conclusion.”
Dr Lynch was cleared in a separate criminal trial involving the sale of Autonomy in June, with his boat trip said to be a gathering among friends, close colleagues and his legal team to celebrate his acquittal.
HPE won its civil case in the UK over claims that Dr Lynch and his company’s former finance chief, Sushovan Hussain, had inflated the revenus of the firm before the takeover.
In a hearing earlier this year, HPE said it was seeking £3bn in damages, with a judge expected to rule on it later this year.
Dr Lynch died alongside his 18-year-old daughter Hannah and five others after his superyacht sank during the early hours of the morning in a suspected tornado.
After becoming trapped in the ship’s hull, he was killed along with Morgan Stanley chairman Jonathan Bloomer, his wife Judith, Clifford Chance lawyer Chris Morvillo, his wife Neda, and the yacht’s cheft Recaldo Thomas.
Rescuers saved 15 passengers from the water, with three of the crew members now under investigation. This includes the ship’s captain James Cutfield, who is being probed for possible manslaughter and culpable shipwreck charges.
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Hewlett Packard Enterprise says it won’t drop its U.K. claim for damages against the estate of British tech mogul Mike Lynch
LONDON -- Hewlett Packard Enterprise said Monday it won't drop its U.K. claim for damages against the estate of British tech mogul Mike Lynch , who was killed when his superyacht sank last month.
Britain's High Court in 2022 ruled mostly in favor of the U.S. technology company, which accused Lynch and his former finance director of fraud over its $11 billion takeover of his software company Autonomy. Hewlett Packard is seeking up to $4 billion in damages and the judge is expected to issue a decision on the final sum soon.
Lynch died when his yacht, the Bayesian, sank in a storm off Sicily on Aug. 19. His widow, Angela Bacares, could now be liable for the damages.
Months before the sinking, Lynch was acquitted in a separate U.S. criminal trial of fraud and conspiracy charges in the deal.
Hewlett Packard initially celebrated the costly acquisition of Lynch’s company in 2011 but quickly came to regret it. The company said in a statement Monday that it had “substantially succeeded” in its civil fraud claims against Lynch and Sushovan Hussain, the former finance director.
“It is HPE’s intention to follow the proceedings through to their conclusion.”
However, the judge in the U.K. civil case has already ruled that the amount payable in damages would be “substantially less” than the company is seeking.
A spokesperson for Lynch's family declined to comment.
Lynch and his daughter Hannah were among six passengers who died when 56-meter (184-foot) luxury yacht went down. One crew member, the boat's chef, also died, while 15 people survived the disaster. They had gathered on the yacht to celebrate Lynch's acquittal.
Officials initially said the yacht was struck by a tornado over the water, known as a waterspout, but the weather phenomenon was re-identified as a downburst. Prosecutors in Italy are investigating the captain on possible charges including manslaughter.
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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia. Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. "As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom," she was once quoted as saying. Her solution was to buy her own yacht.
Jordan Belfort's ex wife, Nadine Macaluso, ... where she admitted in a TikTok video that the yacht sinking scene was 'totally true'. Speaking of the memory, she said: "It was horrific, horrifying ...
Nadine is swallowed by the sea, just ten minutes after Captain Elliot departs her decks. While all guests and the crew of 11 survive, the prestigious motor yacht and her collection of toys (including eight jet skis, four motorbikes, diving equipment, a helicopter, and a seaplane) sink to the bottom of the Med in over 1,000 metres of water.
The real story of the sinking of the Wolf of Wall Street's yacht. In 2000, Doug Hoogs interviewed Capt. Mark Elliott about the sinking of the motoryacht Nadine.Elliott was in command of Nadine on the fateful day in 1996 when she encountered a powerful mistral in the Mediterranean between the Italian mainland and Sardinia. All guests and crew survived, but the real story of the sinking, which ...
True to the film, Belfort insisted his boat's captain take the yacht into choppy waters, where the boat happened upon powerful but unpredictable mistrals, leading to the Nadine sinking into the ...
It turns out that the preposterous scene in The Wolf of Wall Street where Leonardo DiCaprio's character, Jordan Belfort, and his co-horts are caught in a ferocious storm and nearly meet their makers, is true.. According to an article by Brad Hutchins on bosshunting.com, the real Jordan Belfort was on a luxury yacht called the Nadine that was caught in a raging tempest and before sinking ...
The real-life yacht was named "The Nadine" after Belfort's wife, who, like in the movie, he affectionately referred to as "The Duchess of Bay Ridge." In the movie, the yacht bears the name "Naomi" after the character portrayed by Margot Robbie (Belfort's wife's name was changed for the film). ... the story about his yacht sinking from the book ...
The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort's wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.
The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort's wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.
The Sinking of the Nadine Yacht. Nadine Caridi recently spoke about the sinking of the yacht in June 1996, an event that inspired a scene in the movie. The yacht's sinking during a storm off the coast of Italy was a terrifying experience for everyone on board. The waves were violent and relentless, hitting the yacht repeatedly.
LEAVE THE CASH... TAKE THE QUAALUDES!The REAL Wolf of Wall Street tells how he sunk his 167-foot yacht, The "Nadine," with its own plane & chopper. This was ...
But "Wolf of Wall Street" Jordan Belfort sinking his yacht in the Mediterranean during a storm did. Those were some of the stories former FBI Agent Gregory Coleman — who spent six years investigating Belfort — told Friday to members of the Central Bucks Chamber Chamber of Commerce. "I spent hundreds of hours tracking down (Belfort's) plane ...
As it drifted and sank into the ocean, maritime crews rescued the caretaker and towed the million-dollar yacht to safer waters. The mystery superyacht creating a logistical nightmare for ...
In Coco Chanel's day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real Nadine sank in 1997 during a storm off the east coast of Sardinia ...
August 13, 2013By: Diane M. Byrne. To be fair, The Wolf of Wall Street, hitting theaters in November, stars Leonardo DiCaprio, Matthew McConaughey, and Jonah Hill. But to those of us in yachting, the megayacht in The Wolf of Wall Street movie is the real star. She's Lady M, and she plays the role of a well-known yacht from the 1990s, Nadine.
On 16 December 1990, while returning in heavy weather from fishing grounds in the Gulf of St. Lawrence, the "NADINE", a 37-metre fishing vessel, listed to port and sank by the stern. A search and rescue operation was immediately undertaken to locate the ten people aboard. Two crew members were rescued and the bodies of six victims were recovered.
The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow.
MILAN -- The first autopsies of victims of the Bayesian super yacht sinking off Sicily show drowning as the cause of death, authorities said Monday. U.S. lawyer Chris Morvillo and his wife Neda ...
Belfort was the final owner of the luxury yacht Nadine, which was originally built for Coco Chanel in 1961. The yacht was renamed after Caridi. In June 1996, the yacht sank off the east coast of Sardinia [59] and frogmen from the Italian Navy special forces unit COMSUBIN rescued all who were aboard the vessel. Belfort said that he insisted on ...
"Nadine" sank during a storm off the east coast of Sardinia, while crossing from Porto Cervo to Capri. Some people may recall her as the yacht that has an incredible number of toys onboard such as a seaplane, a helicopter, 8 jetskis, 4 or 5 tenders and much more including two large glass windows in the master stateroom that allowed to see ...
What started out as a celebration on a luxury yacht off the coast of Sicily ended in tragedy on Monday, Aug. 19, when the craft — the 183-foot-long Bayesian — seems to have sunk quickly into ...
Dr. Nadine Macaluso. ... Yes, the yacht sinking really happened! Jordan, high on a cocktail of drugs, insisted that the captain sail us through a storm. He put all of our lives in danger and it was the most terrifying, horrific moment of my life. Our children (back on land) were 3 and 1 years old and all I could think about was surviving and ...
A tugboat sent out at dawn was unable to save the superyacht from sinking because of worsening weather conditions, the Super Yacht Times reports. The Saga finally sank at around 1pm on Sunday. The ...
The 56-meter (184-foot) British-flagged luxury yacht sank during what appears to have been a sudden downburst, or localized powerful wind from a thunderstorm that spreads rapidly after hitting the ...
Prosecutors are investigating the captain and two crew members for possible responsibility in connection with the sinking. The 56-meter (184-foot) British-flagged luxury yacht sank during what appears to have been a sudden downburst, or localized powerful wind from a thunderstorm that spreads rapidly after hitting the surface.
The yacht's chef Recaldo Thomas was found dead near the boat the day after the disaster happened. More on Italy Superyacht sinks: Divers find body of final person missing from inside wreckage
Lynch and his 18-year-old daughter Hannah were among six passengers who died when his 184-foot luxury yacht sank quickly in a storm on Aug. 19. One crew member, the boat's chef, also died, while ...
Tech giant to pursue £3bn claim against Mike Lynch's family after yacht death. ... his death aboard the Bayesian yacht, which sank during a freak storm on 19 August off the coast of Sicily, ...
Lynch died when his yacht, the Bayesian, sank in a storm off Sicily on Aug. 19. His widow, Angela Bacares, could now be liable for the damages. Months before the sinking, ...
ROME, Sept 1 (Reuters) - Crew members on Mike Lynch's yacht have spoken of the moments when a storm sank the vessel off Sicily and their efforts to help save passengers, after a disaster that ...