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Sinking of a superyacht adds to questions billionaire Mike Lynch wanted to put behind him

It was a sunny August morning when software entrepreneur Mike Lynch, 59, gathered 10 of his closest friends along with his wife and daughter on the dock of Porto di Milazzo, on the northern coast of Sicily. They had come to celebrate his freedom. Only months before, several of the guests played crucial roles in persuading a San Francisco jury to acquit Lynch of federal charges related to the sale of his software firm Autonomy to HP for $11 billion. 

Five days after the yacht left port, Lynch, his daughter, four guests, and a hired chef were dead in the Mediterranean Sea after a storm flooded the ship. The drowned included the chairman of Morgan Stanley International, a star witness at Lynch’s trial, as well as one of Lynch’s lead defense attorneys. Among the survivors were a former Autonomy exec who went on to become a partner at Lynch’s venture capital firm, a second member of his defense team, and Lynch’s wife, who reportedly owns nearly all his fortune. The same day of the drowning, U.K. news outlets reported that Lynch’s codefendant in the fraud trial, Stephen Chamberlain, who had also been acquitted, had been fatally run over by a car as he was out jogging—a shocking coincidence.

Less than a week after the tragedy, there are far more questions than answers. Did the yacht named Bayesian —an homage to a statistical theorem for predicting future outcomes—simply fall victim to a terrible storm? How did most of the crew and a few passengers escape, and why couldn’t they reach Lynch and the six others who did not make it out? Italian officials are looking into manslaughter charges, but it’s not yet clear who they may have in their crosshairs. Giovanni Costantino, who runs the Italian Sea Group that owns Perini Navi, the Italian maker of the yacht, had harsh words for the crew, whom he blames. “This is the mistake that cries out for vengeance,” he told Reuters .

There are also huge questions swirling around the business ventures of the man dubbed the “British Bill Gates.” While the Bayesian excursion was to serve as a celebration of Lynch’s acquittal on all charges in the U.S.—where he had spent months under house arrest—the reality is that his legal troubles were far from over. In a January 2022 civil trial, the U.K.’s High Court found that the company, which by then had changed its name to Hewlett Packard Enterprise (HPE), had “substantially succeeded” in proving that Autonomy leaders had fraudulently made it look like the company was earning more revenue than it was. In 2019 Autonomy’s CFO was convicted of 16 counts and sentenced to five years in prison. At this time, the U.K. case is in a holding pattern as the judge determines what damages are owed to HPE. (The company’s spokesperson Adam Bauer says HPE is “saddened by this tragic event, and our thoughts are with the families and friends of all those who lost their lives.”)

But Lynch’s passing also looms over Invoke Capital, the venture firm he founded in 2011 and whose managing partner—Charlotte Golunski—survived the yacht disaster and saved her 1-year-old baby. One of Invoke’s most prominent bets was a 2013 seed-stage investment in Darktrace, a cybersecurity firm on whose board Lynch sat until 2018. Darktrace has developed a reputation as a sleek AI cybersecurity startup with ties to spy agencies like MI5 and the U.S. National Security Agency. It also became the target of short-sellers who in 2023 expressed doubt over Darktrace’s financial filings—the same sort of allegations that plagued Lynch’s Autonomy. 

Darktrace insists that the short-sellers’ allegations were baseless, and they say an EY audit it commissioned showed this to be the case. In April Darktrace received a $5.3 billion acquisition offer from the giant private equity firm Thoma Bravo. The deal, which Fortune reported will likely go forward despite Lynch’s death, stood to help rehabilitate Lynch’s business reputation. As of Aug. 14, he and his wife collectively owned 3.21% of the company, which would be worth some $170 million upon the deal’s completion. Invoke Capital has not responded to multiple requests for comment, and Darktrace declined to comment.

Following his U.S. acquittal, Lynch was pleased enough with the state of things that he had begun celebrating weeks before the yacht party. In the days following the not-guilty verdict, Lynch and his wife; Stephen Chamberlain and his wife; the attorney Chris Morvillo—who drowned on the Bayesian —and 20 other lawyers gathered at a restaurant at a hotel near the San Francisco courthouse.

Brian Heberlig, an attorney at Steptoe who gave the closing argument in Lynch’s trial, recalls that Morvillo gave a moving toast, telling those assembled that the trial was more than just a job, but one of their life’s works. “He really was a brilliant man,” Heberlig told Fortune , fighting back tears as he remembered Lynch. “And he ran his legal defense the same way I imagine he ran Autonomy. He let the experts do their jobs, while still having a strong grasp on the material. As he used to say, ‘Let the brain surgeons do the surgery.’”

That night was the last time Heberlig ever saw Lynch or Morvillo.

A ‘virtually unsinkable’ boat

The sailing party departed Aug. 14—five days before the storm—and comprised 12 guests and 10 crew members. The Bayesian was one of the biggest yachts of its kind. Its first stop was a cluster of small islands off the coast of Sicily. Then it jetted across the sea to the Sicilian town of Cefalù, before putting down anchor for the final time on the coast of Palermo, a favorite getaway for the rich and famous, and a former haunt for the Mafia.

Lynch’s wife, Angela Bacares, who reportedly held the couple’s entire $1.1 billion fortune, was jolted awake on Aug. 18 as the boat began to tilt. Glass from a shattered window exploded across the deck, according to reports, cutting her feet as she ran to investigate.

Black and white security  footage  appears to show the outline of what is believed to be the 184-foot sailing yacht, which used call sign 2ICB8, slowly disappearing behind a thicker and thicker veil of rain. Nearby villagers and fishermen say they saw a sea tornado called a waterspout. Soon after, the yacht lay on the ocean floor.

Theories are swirling about why the yacht sank. One holds that a bay door was left open in the storm, causing the ship to flood and sink in minutes. Another holds that the Bayesian’ s 246-foot-tall aluminum mast—one of the tallest in the world— broke in the wind and took the boat down with it.

Most news reports say the yacht sank almost instantly, but the CEO of the company that bought the boat’s maker after it went bankrupt in 2021 disputes that. In a Financial Times report, he called the boat “virtually unsinkable,” and says that it dragged its anchor for 16 minutes before it sank. 

During those fateful moments, a far older nearby yacht, the Sir Robert Baden Powell, built in 1957, was drifting on a similar course as the Bayesian and not only survived, but also came to help. Some onboard saw a red flare shooting across the rainy sky—an emergency signal from those who had fled the doomed yacht, drawing the attention to a life raft filled with 15 of the 22 passengers.

Passenger Golunski, 35, who helped run Autonomy the first year it was at HP, described holding her 1-year old daughter Sophia as she screamed for help. One of Lynch’s most trusted employees, Golunski was a founding partner at Invoke Capital, the London-based firm that backed Darktrace. Lynch’s wife Bacares was also in the life raft along with Clifford Chance lawyer Ayla Ronald, 36, who reportedly texted to her father: “there are deaths.”

The lifeboat survivors were soon plucked from the sea while the Bayesian came to its current resting place 50 meters below the surface. Over the course of the next 72 hours, a team of scuba divers from the Guardia Costiera and specially trained cave divers from the Vigili del Fuoco, the local fire department, used boats and a helicopter to triangulate the yacht’s position. The divers, working in bursts of 8 to 12 minutes, searched the Bayesian’ s six guest suites, master suite, multiple living areas, and dining room.

The body of the yacht’s chef, Recaldo Thomas, was the first to be found, floating on the water’s surface. On Wednesday, two days after the wreck, four more bodies were discovered, and on Thursday a fifth. Among them were Lynch and Chris Morvillo of the prestigious law firm Clifford Chance, who had made the controversial decision to have Lynch testify, and questioned him on the stand right before he was acquitted. The others discovered were Morvillo’s wife, Neda, as well as the Morgan Stanley banker and key witness Jonathan Bloomer, who had been a former executive director at Autonomy, and his wife, Judy. The body of Lynch’s 18-year-old daughter, Hannah, was pulled from the sea on Friday.

The U.K. Maritime and Coastguard Agency tells Fortune it is in contact with the Italian authorities but would not provide further information. The U.K.’s Foreign Office told Fortune it is providing “consular support to a number of British nationals and their families…and are in contact with the local authorities.”

More questions than answers

Even as loved ones and the survivors begin to come to terms with the human toll of the tragedy, the business world has begun assessing Lynch’s complicated past and his many business dealings. 

Lynch was born of modest means to a nurse and firefighter in a suburb of London. From an early age he showed a proclivity toward technology and a fiery determination. He studied natural sciences at Cambridge, then returned for a PhD in artificial neural networks, the building blocks of artificial intelligence. When he was still studying for his PhD, he started his first venture, Cambridge Neurodynamics, monetizing computerized fingerprint recognition, eventually evolving into Autonomy. 

Founded in 1996 with David Tabizel and Richard Gaunt, Autonomy used an early version of artificial intelligence to quickly scan what’s known as “unstructured data,” especially including language. Autonomy quickly became a darling of the U.K.’s fledgling tech scene, and it was seen as a crowning achievement when, in 2011, the company struck an $11 billion deal to be purchased by HP, now HPE. The deal, however, was quickly engulfed in scandal when a year later the new owner alleged accounting fraud and wrote down its investment by $8.8 billion.

Despite the baggage around Autonomy, Lynch continued to ride high in the tech world through his venture firm, Invoke Capital, which he founded in 2012. One of its most profitable investments was Darktrace, which he backed in 2013 and joined as a board member. By 2016 he told TechCrunch that 60 employees from Autonomy were working at Invoke, that he’d raised a billion dollars to invest in startups, and that Darktrace was worth $500 million.

While fighting the legal battle over Autonomy and building Invoke, Lynch enjoyed the trappings of a mogul. The same year he announced his billion-dollar startup fund, he was sailing the Bayesian , worth an estimated $25 million. He reportedly also owned a $6 million, 69-acre Georgian manor.

By early 2020 Darktrace shared deep connections with Autonomy, including half of Darktrace’s board and six of its eight top executives. The following year Darktrace went public, soaring 40% above its pre-market value. But the victory lap was brief. In September 2022, an acquisition talk between private equity firm Thoma Bravo and Darktrace fell through , sending share prices tumbling. In early 2023, the short-selling firm Quintessential Capital Management published a 70-page report accusing Darktrace of similar misconduct that had sunk Autonomy.

“We are deeply skeptical about the validity of Darktrace’s financial statements,” the report read. Darktrace’s shares plunged as much as 17% after the report was published, though the company said at the time that the management team and board had “rigorous controls in place.” Darktrace hired EY to perform an audit, which stabilized its share price after the accounting firm found the company’s earlier financial results did not need to be restated. Darktrace never publicly released the report, however, with a spokesperson saying at the time that it contained “commercially sensitive information.”

More recently, Darktrace’s CEO Poppy Gustafsson wrote in the firm’s Q4 trading report of “shareholders voting overwhelmingly in favour” of the acquisition, and added the company is “awaiting the conclusion of the remaining regulatory processes.”

Until very recently, Darktrace had sought to distance itself from Lynch and his VC firm. In December, shareholders passed a resolution that rejected Invoke non-executive director Patrick Jacob’s reappointment to its board. This April, Invoke lost the right to that same board seat when it was discovered its shares had fallen below the required 10% threshold. Nonetheless, in a memorial to Lynch, Gustafsson wrote : “Without Mike, there would be no Darktrace. We owe him so much.”

While the Italian authorities continue to investigate the crash site, one thing is certain: The swirl of legal and business battles that surrounded Lynch during his lifetime are likely to continue after his death. A local Italian news site reports that the public prosecutor’s office in a nearby town, Termini Imerese, is looking into allegations of manslaughter surrounding the sunken boat. And two months before Lynch died, former U.K. Secretary of State David Davis reportedly said he was working with Lynch to scrap U.S./U.K extradition agreements that allowed Lynch’s trial to happen in the first place. 

On Wednesday, Aug. 21, Davis told GB News he would continue that fight in memory of Lynch. “We need to get a grip of this,” said Davis. “Mike, when he’d won his case, almost the first thing he did was ring me up and say, ‘We’re going to have to defeat this treaty, we’re going to have to overcome this treaty and get it changed for the better.’”

“I am looking forward to returning to the U.K. and getting back to what I love most: my family and innovating in my field,” Lynch said after the verdict.

Lynch’s desire to extend the legal fight even after his not-guilty verdict reflects the scrappiness he displayed throughout his life. This helped him ascend to the highest rungs of business and moguldom—but the success also came with a tenuous quality as questions about his business dealings dogged him for years. The not-guilty verdict and the pending Darktrace sale meant Lynch was in position to finally cast off that shadow. But now his ultimate legacy is poised to be tied forever to a mysterious and tragic hour on the Mediterranean Sea.

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Length:  58.08m  (190.6ft)

Beam:  11.54m  (37.10ft)

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S/Y Taouey is currently under going a major re-fit in Marseille, France THLS have provided a complete refit including organising the removal of the rigs and a complete package to put the rig back in as new condition. We have been actively involved with the vessels for the past 7 years ensuring that she is safe and seaworthy.

The New York lawyer who died in the Bayesian yacht sinking wrote a LinkedIn post months before the tragedy that ended with 'they all lived happily ever after'

• Mike Lynch's lawyer wrote a chilling LinkedIn post two months before the superyacht tragedy.
• Celebrating his client's acquittal, Christopher Morvillo wrote: "They all lived happily ever after."
• Morvillo was one of the seven people who died when the yacht sank off the coast of Sicily.

Late British tech billionaire Mike Lynch 's top lawyer wrote a chilling LinkedIn post just two months before the superyacht tragedy — a note that ended with the phrase, "They all lived happily ever after."

Attorney Christopher Morvillo 's post spoke about his recent legal win in June, when Lynch, charged with fraud over the sale of his company Autonomy to Hewlett-Packard, was acquitted of all charges .

His LinkedIn post discussed the "thrilling verdict" after "years of painstaking work."

He thanked members of his law firm, Clifford Chance and Steptoe LLP, with whom he worked on the case. His post also included a June 14 article from ALM, a law publication, which called him one of its "Litigators of the Week."

Then came the last two paragraphs, which touched on how happy Morvillo was to be back home with his family.

"And, finally, a huge thank you to my patient and incredible wife, Neda Morvillo, and my two strong, brilliant, and beautiful daughters, Sabrina Morvillo and Sophia Morvillo," he wrote. "None of this would have been possible without your love and support. I am so glad to be home."

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"And they all lived happily ever after," he added.

Morvillo was one of the seven passengers killed out of the 22 people aboard Lynch's 183-foot superyacht called "Bayesian." The yacht sank during stormy weather near Palermo, Italy, on August 19.

Fifteen people, including Lynch's wife, Angela Bacares, and the ship's captain, James Cutfield of New Zealand, were rescued from the sunken ship.

Lynch, his 18-year-old daughter Hannah, Morvillo's wife Neda, and Morgan Stanley International Chair Jonathan Bloomer died in the tragedy.

Lynch's co-defendant in the fraud trial, Stephen Chamberlain, died after being struck by a car just two days before Lynch's yacht sank.

Representatives for Morvillo at Clifford Chance did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

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How safe are luxury yachts? What to know after Mike Lynch yacht disaster left 7 dead

The Bayesian was a world-class yacht.

The 19th largest yacht designed by luxury Italian manufacturer Perini , it boasted a sleek interior design by French designer Remi Tessier, a double engine, and one of the tallest aluminum masts in the world. It won multiple awards, including for "best sailing yacht" the year after its release.

But, almost two weeks ago on Aug. 19, the luxurious vessel sank to the bottom of the ocean off the coast of Sicily in an internationally-followed disaster, dumping 22 people aboard into the water and leaving seven dead , including British tech magnate Mike Lynch and his 18-year-old daughter Hannah .

"The impossible happened on that boat," Giovanni Costantino, the yacht manufacturer's CEO, told Reuters.

In the wake of the disaster, an ongoing investigation into possible criminal errors committed by the Bayesian's crew and lingering questions surrounding its design underscore the need for proper yacht safety measures and practical ship designs, according to experts.

Italian prosecutors from a nearby town have now widened their investigation into possible criminal actions by the ship's captain in the lead-up to the shipwreck to include two additional crew members, a judicial source told Reuters on Wednesday.

Tim Parker Eaton and Matthew Griffith are now under investigation for manslaughter and shipwreck, days after news broke that investigators are probing whether Captain James Cutfield committed the same crimes.

Authorities are looking into whether Parker Eaton, a ship engineer, failed to protect the ship's engine room and operating systems. Griffith, a sailor on the ship, was on watch duty on the morning the ship sank.

Cutfield "exercised his right to remain silent" when investigators interrogated him on Tuesday, Giovanni Rizzuti, his lawyer, told Reuters.

"First, he's very worn out," Rizzuti said. "Second, we were appointed only on Monday, and for a thorough and correct defense case, we need to acquire a set of data that at the moment we don't have."

Rizzuti did not immediately respond to a request for comment emailed to him by USA TODAY.

Rescuers found the bodies of Chris Morvillo, an American citizen and lawyer for Clifford Chance, his wife, Neda Morvillo, Jonathan Bloomer, a non-executive chair of Morgan Stanley International, and his wife, Judy Bloomer, inside the ship two days after the wreck. Recaldo Thomas, the ship's cook who also went by Ricardo, was the first person pronounced dead in the disaster – his body was recovered on the day of the sinking.

Captains must follow safety procedures before storms

Costantino chalked up the boat's fate to a "series of indescribable, unreasonable errors" committed by the crew. The ship's crew made an "incredible mistake" in not preparing adequately for the storm, he said.

Costantino said the crew should have summoned passengers from their rooms earlier, as the storm picked up. The keel, a heavy weight under the ship to counterbalance the ship's large mast, should have been lowered, and portholes should have been closed – both factors that could influence whether the captain is found culpable, according to experts .

Captains should always check weather forecasts and look into local weather patterns, Mitchell Stoller, a maritime expert witness and captain, told USA TODAY . When in stormy weather, captains should also weigh anchor, so that a ship can float over unstable waters, he added.

"The general standard of care in this situation is to monitor the weather, exercise caution, have a night watch, have the engine going, ready to maneuver," he said.

More: Even heroes need a vacation: What to expect from the Disney Destiny cruise ship

Wealthy clients push for impractical designs, expert says

Costantino said the ship's design and construction was error-free. But one yacht design expert disagrees.

"There's so many other factors, and this huge, complex boat is part of it," said Tad Roberts, a British Columbia-based yacht designer who has worked in the industry for nearly 40 years.

The Bayesian's giant mast is part of a trend of bigger and bigger yachts, according to Roberts. He worked on the design of the Asolare, formerly the Scheherazade – at 154 feet long, the largest cold-molded sailing yacht in the world when it was released in 2003, according to its manufacturer, Hodgdon Yacht Services. "It's small today," Roberts added.

Roberts said problems emerge when yacht designers can't say no to wealthy clients' demands for more and more extravagant and overgrown designs.

"The clients are wealthy people. They are very used to getting whatever it is they want," he said.

But owners' requests can compromise security, he said.

"Owners are not naval architects," he said. "They don't understand the issues involved, and trying to explain to them may or may not work, but there are compromises being made all the time."

Yacht buyers are more likely to get a better boat than they would 50 years ago, since yachts are exported and built towards international standards, he said. Still, the worsening effects of climate change and extreme weather are growing risks to anyone sailing the high seas, he added.

"Be aware. That's the biggest part of it," he said. "There's a possibility that things could go bad, that there is risk involved."

More: Investigators seek answers to why luxury superyacht Bayesian sank in storm

Yacht owners install million-dollar, AI-powered security systems

Piracy on yachts is even rarer than sudden storms – only two cases were reported between 2019 and 2023, according to the International Maritime Bureau's Piracy Reporting Centre . Still, superyacht owners are investing in James Bond-esque technology in an effort to protect their vessels.

"There's definitely increased concern," said Frederik Giepmans, managing director of safety and security at MARSS, a technology company that offers high-tech surveillance and security systems for superyachts with a price tag "from the hundreds of thousands into millions," he said.

NiDAR, a software program manufactured by MARSS to provide protection for superyachts, can pick up on objects approaching a yacht from the air or water "while underway, at anchor and in port," according to the company's website.

The surveillance system uses artificial intelligence and machine learning to handle data from sensors monitoring all sides of a vessel. The AI system provides "constant, long range monitoring of the air, of the surface, of the underwater, to try and give the crew as much response time as possible," said Giepmans.

That way, yacht owners can pick up on any manner of approaching objects, from "small, fast craft approaching on the surface" to divers and submarines under the water.

But if a threat is detected, a yacht owner's "options to respond are limited," Giepmans said. "You can get out of the way. You can bring people to safety. But, for instance, a more military response is not available to you."

Giepmans pointed to a recent increase in attacks on commercial ships, like attacks carried out by Houthi rebels on ships cruising through the Red Sea. "There's a gap there in terms of security," he said. "Because there isn't really, right now, a way for commercial or private clients, to respond, perhaps, in an appropriate way to these threats."

Luxury yacht owners cruising off the coast of Monaco, for instance, shouldn't be as concerned about a direct threat to their security, as compared with boats sailing through other locations, he said. "It really depends on that, as to what extent they will go to protect their ship."

The greater danger could come from adverse weather events, as the planet warms every year.

Meteorologists have pointed to a water spout, a tornado that spun up over the water amid the storm that hit the Bayesian, as a possible factor in its wreck.

Water temperatures in the area were more than three degrees higher than average that day, the perfect conditions for the spout to form and the likely result of climate change, Rick Shema, a certified consulting meteorologist and former member of the Navy, previously told USA TODAY.

"The water spout was an uncommon occurrence. But again, these things happen, especially in warmer water," he said.

Contributing: Reuters

Cybele Mayes-Osterman is a breaking news reporter for USA Today. Reach her on email at [email protected]. Follow her on X @CybeleMO.

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Taouey is a custom sailing yacht launched in 1994 by Perini Navi.

Credited with a combination of technical brilliance and first class design, Perini Navi has always been in a class of its own. In 1982, unable to find a yacht suited to his personal concepts and ideas, Fabio Perini designed and built the first prototype of what would prove to be the most successful series of large sailing yachts in the world.

Taouey measures 58.08 metres in length, with a max draft of 8.46 metres and a beam of 11.54 metres. She has a gross tonnage of 551 tonnes.

Taouey has a steel hull with an aluminium superstructure.

Her interior design is by Perini Navi.

Taouey also features naval architecture by Perini Navi.

Performance and Capabilities

Taouey has a top speed of 16.5 knots. She is powered by a twin screw propulsion system.

Taouey has a fuel capacity of 65,000 litres.

She also has a range of 3,650 nautical miles.

Accommodation

Taouey accommodates up to 12 guests . She also houses room for up to 11 crew members.

Other Specifications

Taouey has a hull NB of C.2009.

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TAOUEY yacht NOT for charter*

58.08m  /  190'7 | perini navi | 1994 / 2006.

• Amenities & Toys

Special Features:

• Impressive 4,203nm range
• ABS (American Bureau of Shipping) ✠ A1, Yachting Service, AMS, ABCU classification
• Interior design from Perini Navi
• Sleeps 12 overnight

The 58.08m/190'7" sail yacht 'Taouey' was built by Perini Navi in Italy at their Viareggio shipyard. Her interior is styled by Italian designer design house Perini Navi and she was delivered to her owner in August 1994. This luxury vessel's exterior design is the work of Perini Navi and she was last refitted in 2006.

Guest Accommodation

She is also capable of carrying up to 11 crew onboard to ensure a relaxed luxury yacht experience.

Range & Performance

Taouey is built with a steel hull and aluminium superstructure, with teak decks. Powered by twin diesel Deutz (TBD 604 BV 8) 8-cylinder 1,189hp engines, she comfortably cruises at 14 knots, reaches a maximum speed of 16 knots with a range of up to 4,203 nautical miles from her 65,000 litre fuel tanks at 12 knots. Her water tanks store around 14,500 Litres of fresh water. She was built to ABS (American Bureau of Shipping) ✠ A1, Yachting Service, AMS, ABCU classification society rules.

*Charter Taouey Sail Yacht

Sail yacht Taouey is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

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Questions for Investigators Trying to Unravel Mystery of Luxury Yacht’s Sinking

The investigators searching for answers about the shipwreck, leaving seven dead, face questions about extreme weather and possible human error or problems with the yacht itself.

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By Alan Yuhas

More than 180 feet long, with a mast towering about 240 feet and a keel that could be lowered for greater stability, the Bayesian luxury yacht did not, in the eyes of its maker, have the vulnerabilities of a ship that would easily sink.

“It drives me insane,” Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company that made the ship, said after its wreck last week. “Following all the proper procedures, that boat is unsinkable.”

But the $40 million sailing yacht sank within minutes and with fatal results: seven dead, including the British technology billionaire Michael Lynch, his teenage daughter, four of Mr. Lynch’s friends and a member of the crew. Fifteen people, including the captain, escaped on a lifeboat.

Mr. Lynch had invited family, friends and part of his legal team on a cruise in the Mediterranean to celebrate his acquittal in June of fraud charges tied to the sale of his company to the tech giant Hewlett-Packard.

The Italian authorities have opened a manslaughter investigation, searching for answers from the survivors, the manufacturer and the wreck itself. They face a range of questions and possible factors.

An ‘earthquake’ in the sky?

When the Bayesian sank around 4 a.m. on Aug. 19, the waters in its area, about half a mile off the Sicilian port of Porticello, were transformed by an extremely sudden and violent storm, according to fishermen, a captain in the area and meteorologists.

But what kind of storm is still a mystery, compounded by the fact that a sailing schooner anchored nearby did not have its own disaster. Also unclear is whether the crew was aware that the Italian authorities had issued general warnings about bad weather the night before.

Karsten Börner, the captain of the nearby passenger ship, said he’d had to steady his ship during “really violent” winds . During the storm, he said, the Bayesian seemed to disappear behind his ship.

Severe lightning and strong gusts were registered by the Italian Air Force’s Center for Aerospace Meteorology and Climatology, according to Attilio Di Diodato, its director. “It was very intense and brief in duration,” he said.

The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm. His agency put out rough-sea warnings the previous evening, alerting sailors about possible storms.

Locals have said the winds “felt like an earthquake.” A fisherman in Porticello said that he had seen a flare go off in the early-morning hours. His brother ventured to the site once the weather had calmed about 20 minutes later, he said, finding only floating cushions.

The Italian authorities have so far declined to say whether investigators had seen any structural damage to the hull or other parts of the ship.

Open hatches or doors?

The boat executive, Mr. Costantino, has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 bought the yacht’s manufacturer, Perini Navi, which launched the ship in 2008.

Mr. Costantino said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, would be to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

At a news conference on Saturday, almost a week after the sinking, investigators said the yacht had sunk at an angle , with its stern — where the heavy engine was — having gone down first. The wreck was found lying on its right side at the bottom of a bay, about 165 feet deep.

12 guests occupied the yacht’s six cabins. There were also 10 crew members.

Open hatches, doors and cabin windows could have let in water during a storm, according to the manufacturer.

Open hatches, doors and

cabin windows could

have let in water

during a storm,

according to the

manufacturer.

Source: Superyacht Times, YachtCharterFleet, MarineTraffic

By Veronica Penney

Water pouring into open hatches or doors could have contributed to the sinking, experts say, but that on its own may not account for the speed at which such a large boat vanished underwater.

Asked about the hatches at the news conference, the authorities declined to comment on whether they had been found open at the wreck.

The authorities have also not specified whether the boat had been anchored, whether it was under power at the time or whether its sails had been unfurled.

A retracted keel?

The Bayesian had a keel — the fin-like structure beneath a boat that can help stabilize it — that could be retracted or extended, according to its manufacturer. On some yachts, keels can be raised to let the large vessel dock in shallower water, and extended downward to help keep a boat level.

But like the hatches, the status of the keel alone may not explain why a large ship sank with such precipitous speed. Investigators have not disclosed what divers may have seen at the wreck, aside from saying divers had faced obstacles like furnishings and electrical wiring in tight quarters. Officials want to raise the wreck to better examine it, a process that may take weeks.

Human error?

Ambrogio Cartosio, the prosecutor in charge of the case, said at the news conference that it was “plausible” crimes had been committed, but that investigators had not zeroed in on any potential suspects.

“There could be responsibilities of the captain only,” he said. “There could be responsibilities of the whole crew. There could be responsibilities of the boat makers. Or there could be responsibilities of those who were in charge of surveilling the boat.”

It remains unclear what kind of emergency training or preparation took place before the disaster, or what kind of coordination there was during it. So far, none of the surviving crew members have made a public statement about what happened the night the ship sank.

Prosecutors said they want to ask more questions of the captain and crew, who have been in a Sicilian hotel with other survivors. They said that neither alcohol nor drug tests had been performed on crew members, and that they have been allowed to leave Italy.

Prosecutors also said they were also investigating why the captain, an experienced sailor, left the sinking boat while some passengers were still on board.

Besides possible manslaughter charges, the authorities are investigating the possibility of a negligently caused shipwreck.

The bodies of five passengers were found in one cabin, on the left side of the yacht, the authorities said. The five were most likely trying to flee to the higher side of the boat and were probably sleeping when the boat started to sink, they said.