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DIAMOND Yacht

Motoryacht diamond.

The DIAMOND yacht is a 188ft / 57.3m luxury yacht built and launched by yacht builder Abeking & Rasmussen . Delivered to a proud yacht owner in 1998 and refit in 2016, this luxury yacht sleeps up to 18 guests in 9 staterooms and has accommodations for 17 crew. She has a beam of 33.8ft / 10.3m, a draft of 12ft / 3.7m, and she measures in at 1,049 gross tons. Her hull is steel and her decks are teak. Her max speed is 16 knots and cruising speed is 14 knots. She is propelled by Caterpillar engines at 1,875 hp each. Her interior design is by Kirsten Kelli with exterior styling by Jack C. Anderson .

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* Not offered for sale or charter to U.S. residents while in U.S. waters unless under a boat show bond or in an FTZ.

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DIAMOND Yacht Price & Rate

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When it comes to purchasing a luxury yacht, like the yachts themselves, pricing may vary greatly. In the event there is no DIAMOND yacht price , the industry knowledge of Merle Wood & Associates will help you with everything you need to know in order to make the right decisions when buying a luxury yacht. If you’d like to know the availability of the DIAMOND yacht for charter and the weekly rate, view the DIAMOND yacht charter price and summary .

DIAMOND Amenities & Features

Water Sports & Tenders

Features & Entertainment

For a complete list of amenities available or for a first-hand review of the DIAMOND yacht, simply request assistance from our qualified luxury yacht brokers. Our team of yacht specialists travel the world visiting and experiencing yachts for sale and not for sale. Because of this, they have expert knowledge about every yacht, and can provide further details about the features, amenities and condition of the most notable yachts on the water.

DIAMOND Yacht Specifications

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We provide accurate specifications, details and current information on yachts for sale around the world. Read the detailed DIAMOND yacht specs and analysis.

DIAMOND Yacht Location

In the South of France

Read more about the cruising grounds, winter or summer itinerary and the last known DIAMOND yacht location .

DIAMOND Yacht Enquiry

For more information or to enquire about the DIAMOND luxury yacht, simply contact a qualified yacht broker at Merle Wood & Associates for assistance.

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DIAMOND is a 35.3 m Motor Yacht, built in Italy by AB Yachts - Next Yacht Group and delivered in 2011. She is one of 5 AB 116 models.

Her top speed is 45.0 kn, her cruising speed is 40.0 kn, and she boasts a maximum cruising range of 400.0 nm at 25.0 kn, with power coming from two MTU diesel engines. She can accommodate up to 10 guests in 5 staterooms, with 6 crew members waiting on their every need. She has a gross tonnage of 218.0 GT and a 7.2 m beam.

She was designed by Angelo Arnaboldi , who also completed the naval architecture. Angelo Arnaboldi has designed 9 yachts and created the naval architecture for 8 yachts for yachts above 24 metres.

Her interior was designed by Guido De Groot , who has 41 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a GRP hull, and GRP superstructure.

DIAMOND is in the top 30% by LOA and in the top 5% by speed in the world. She is one of 1168 motor yachts in the 35-40m size range, and, compared to similarly sized motor yachts, her cruising speed is 21.69 kn above the average, and her top speed 23.14 kn above the average.

DIAMOND is currently sailing under the United States of America flag, the most popular flag state for superyachts with a total of 1654 yachts registered. She has recently entered the superyacht marina Safe Harbor Capri, in United States of America. For more information regarding DIAMOND's movements, find out more about BOATPro AIS .

Specifications

• Name: DIAMOND
• Yacht Type: Motor Yacht
• Yacht Subtype: Sports/Open Motor Yacht , Planing Fast Yacht
• Model: AB 116
• Builder: AB Yachts - Next Yacht Group
• Naval Architect: Angelo Arnaboldi
• Exterior Designer: Angelo Arnaboldi
• Interior Designer: Guido De Groot

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Diamonds Are Forever: John Staluppi’s Luxury Yacht Marvel

In the world of superyachts, where opulence meets the open ocean, one vessel shines above the rest. “Diamonds Are Forever” is not just a yacht; it’s a symbol of unrivaled luxury and adventure. In this article, we delve into the captivating world of superyachts, with our spotlight firmly fixed on the resplendent “Diamonds Are Forever.” As we explore its unique allure, you’ll come to understand why this yacht has earned a place of prominence in the echelons of luxury yachting.

Diamonds Are Forever yacht owner biography

John Staluppi is a prominent figure in the luxury yachting and automotive industries. He is known for his successful career as a car dealership owner, entrepreneur, and yacht enthusiast. He was born in January 1947. Here is some information about John Staluppi:

Automotive Business

John Staluppi gained recognition as the owner and operator of a chain of automotive dealerships in the United States. His dealerships have been associated with various high-end car brands, including Honda, Toyota, Lexus, and Hyundai.

James Bond Connection

Staluppi is also known for his passion for James Bond films and cars. He has an extensive collection of James Bond memorabilia and has owned several cars featured in James Bond movies, including some of the iconic Bond cars.

Yacht Ownership

John Staluppi is well-known in the world of luxury yachts. He has owned and commissioned several superyachts, many of which have been named after James Bond films, including “Diamonds Are Forever,” “Quantum of Solace,” and “Skyfall.” These yachts are known for their opulence and have garnered attention in the yachting community.

Philanthropy

Staluppi is also involved in philanthropic endeavors, including supporting charities and organizations focused on children’s health and well-being.

Entrepreneurship

Throughout his career, John Staluppi has been recognized for his entrepreneurial spirit and his ability to build successful businesses in the automotive and luxury yachting sectors.

Diamonds Are Forever is a stunning superyacht owned by the renowned entrepreneur and yachting enthusiast, John Staluppi. This luxurious vessel, known for its opulent design and exceptional amenities, reflects Mr. Staluppi’s passion for the finer things in life. To experience more of his remarkable maritime ventures, take a glimpse into the opulence of Superyacht Lana and the grandeur of Superyacht Rising Sun , two other magnificent yachts that showcase the epitome of luxury on the high seas.

Overview of Diamonds Are Forever yacht

This magnificent superyacht is a true marvel of engineering and design. With a length of 200 feet and a beam of 40 feet, it offers ample space for opulent living and entertainment. The sleek, contemporary exterior design, adorned with reflective glass, creates an aesthetic that is both timeless and modern.

Luxurious Amenities

Onboard, guests are treated to an array of lavish amenities. Spacious cabins, each with panoramic sea views, ensure a restful stay. State-of-the-art technology controls everything from climate to entertainment. The yacht boasts extravagant leisure areas, including a cinema, a fully equipped gym, and a library.

Diamonds Are Forever yacht Technical Details

“Diamonds Are Forever” is powered by twin MTU 16V 4000 M90 engines, delivering a staggering 6,000 horsepower. This powerhouse allows the yacht to reach a maximum speed of 18 knots, ensuring swift and comfortable voyages. With a cruising range of 4,800 nautical miles, this vessel can whisk its fortunate passengers to the world’s most remote and breathtaking destinations.

Design and Architecture

The yacht’s architectural marvel lies not only in its exterior design but also in the meticulous attention to detail throughout its interior. Premium materials, including marble, onyx, and exotic woods, adorn the living spaces. The use of glass walls and an open layout enhances the sense of space and connection to the surrounding sea.

Cruising Destinations

“Diamonds Are Forever” offers a passport to paradise. From the turquoise waters of the Caribbean to the secluded bays of the Mediterranean, this yacht can take its passengers to the most exotic and exclusive destinations on the planet.

Notable Guests and Events

The decks of this iconic vessel have hosted an array of celebrities and exclusive events. From A-list movie stars to royalty, “Diamonds Are Forever” has been the backdrop for unforgettable moments in the world of luxury.

Diamonds Are Forever yacht interior photos

Crew and Service

A dedicated crew of 14 ensures that every guest experiences unparalleled service and attention. From personalized itineraries to discreet butlers, the crew is committed to making every moment onboard unforgettable.

Culinary Excellence aboard Diamonds Are Forever

The yacht boasts a gourmet dining experience prepared by a team of talented chefs. Multiple dining areas, including an alfresco option, offer a variety of culinary journeys. The bars on board serve up exquisite cocktails and fine wines, adding to the indulgence.

Safety and Sustainability

Safety is paramount on “Diamonds Are Forever.” Advanced safety measures, including state-of-the-art navigation systems and a highly trained crew, guarantee peace of mind. The yacht also champions sustainability, with eco-friendly initiatives such as waste reduction and energy-efficient systems.

Wellness and Spa Oasis onboard Diamonds Are Forever

For those seeking rejuvenation at sea, the wellness and spa facilities aboard offer a haven of relaxation. State-of-the-art fitness centers, indulgent spa treatments, and expansive sun decks provide guests with the opportunity to prioritize self-care while sailing the world’s oceans.

Thrills on the Water

Adrenaline enthusiasts will find their paradise with the yacht’s extensive collection of watersports equipment. From jet skiing to scuba diving and even heli-skiing in select locations, “Diamonds Are Forever” offers thrilling adventures at every turn.

In conclusion, “Diamonds Are Forever” stands as a testament to the epitome of luxury and adventure on the seas. Its combination of cutting-edge design, lavish amenities, and a commitment to service excellence makes it an unrivaled choice for those seeking a once-in-a-lifetime yachting experience.

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DIAMOND A Abeking & Rasmussen | From EUR€ 270,000/wk

• Inspiration

DIAMOND A has 80 Photos

Western Mediterranean

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PURPOSE | From EUR€ 270,000/wk

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DIAMOND A Abeking & Rasmussen | From EUR€ 270,000 /wk

Diamond A (ex-Ultima III) is a 57,30m (187' 11") motor yacht built by Abeking & Rasmussen in 1998 and refitted in 2010. She is able to accommodate up to 12 guests and has a professional crew of 16.

NOTABLE FEATURES: ~Huge sun deck ~Spa pool ~Gym equipment ~Stabilizers ~Nice selection of water toys

Diamond A is a full displacement steel motor yacht featuring interior design by Donald Starkey. Built by Abeking & Rasmussen in 1998. She has received a refit in 2010 as well as 2014, including an upgrade on all audio-visual systems, communication system, superstructure and hull paint, Quantum Zero Speed Stabilizers, as well as some new furniture.

This impressive and stunning yacht has a light, spacious and luxurious interior with plenty of communal areas for social gatherings or private relaxation. Her saloon is spacious, and boasts a large range of sofas and armchairs as well as coffee tables and a full entertainment centre.

A formal dining room is forward, with seating for up to 10 guests in total comfort. around a circular table.

DIAMOND A Specifications

Her exterior is equally impressive with a huge sun deck with a areas to dine for 16 guests, sheltered by sculpted sail awnings, soak in the Spa Pool or sunbathe. There are further areas for relaxing and al fresco dining on the Bride deck and on the aft deck as well as a circular table and seating area forward.

With a steel displacement hull and aluminium superstructure, DIAMOND A cruises at speeds of 14 knots with top speeds of 16 knots.

Yacht Charter Accommodation

The beautiful Master suite is located on the main deck and comprises of a private lounge and additional stateroom. The Master cabin has His and hers facilities with dressing areas and generous wardrobe space. The VIP stateroom is located on the upper deck and is equipped with generous en-suite bathroom and dressing room. There is also a Staff twin cabin on the upper deck. The remaining cabins are located on the lower deck and are all generously equipped double beds, wardrobe space and ensuite facilities.

Charter Amenities and Extras

Luxury motor yacht Diamond A (Ultima III) has the following extras and amenities onboard: Tenders & Toys: Tenders and toys include a Zodiac Low Profile 630 to be replaced with a new Zodiac, Proluxe 638, Custom Tender 7.1 (1998), Duarry Rescue Tender (2003), 2 Kawasaki waverunners, 4 Wake boards, 4 Water skis , 2 Knee boards, a variety of inflatable towable toys and Snorkelling equipment. Communications include Fleet 77, Iridium, VSAT Broadband and GSM's, Panasonic PBX hybrid telephone system, WiFi throughout the yacht, Audio Visual Equipment and Deck Facilities are to be confirmed.

Charter Yacht Disclaimer

This document is not contractual. The yacht charters and their particulars displayed in the results above are displayed in good faith and whilst believed to be correct are not guaranteed. CharterWorld Limited does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information and/or images displayed. All information is subject to change without notice and is without warrantee. A professional CharterWorld yacht charter consultant will discuss each charter during your charter selection process. Starting prices are shown in a range of currencies for a one-week charter, unless otherwise marked. Exact pricing and other details will be confirmed on the particular charter contract. Just follow the "reserve this yacht charter" link for your chosen yacht charter or contact us and someone from the CharterWorld team will be in touch shortly.

DIAMOND A Enquiry

"A visionary but down-to-earth approach, a feel for beauty yet a sense of reality, artistic and artisan skills, extensive experience and spontaneity... Yet shipbuilding also means bringing opposites into harmony. This mission has inspired and driven us since we began. As a long-established, progressive shipyard, we make it our priority to continually exploit our innovative skills." - Abeking & Rasmussen

50M CUSTOMISED SUPERYACHT | From EUR€ 270,000/wk

QUEEN MARE | From EUR€ 269,000/wk

STARSHIP 185' | From US$ 275,000/wk

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• US: +1 (561) 833 4462
• US: +1 (206) 209-1920
• MC: +377 99 90 74 63

DIAMOND Yacht for Sale

Diamond Yacht for Sale - 116' Ab

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Diamond was built by AB Yachts in Viareggio, Italy. It was delivered to an American client on the last day of December in 2012. AB Yachts was created in 1992 with the goal of setting the standard in the world of pleasure yachting. Since then it has taken distinctive steps in the boat building world. For the first time we have seen jet drives applied to high performance craft with small dimensions. Specifically researched structural resins have been introduced, collaborating with the most innovative firms in the field of composite materials. Finite element design programs have been applied to optimize the sizes of existing structures.

These are just a few of innovation introduced by AB Yachts, which is now a consolidated enterprise with ample spaces for building and completing yachts. AB Yachts is a future-oriented shipyard. Accommodations Diamond has a four stateroom layout with a GYM that offers pullman berths for availability of a fifth guest stateroom. The master suite is midships and full beam. The king berth, large seating area and enormous bathroom will please even the most demanding. There is a queen berth in one of the guest suites, twins in another and bunks in the kids room. Every stateroom has a private, oversized, bathroom.

Forward of the stateroom space is an atrium that offers a great seating area for private conversations, watching football or simply relaxing. Forward of the Atrium is the crew area and galley. There are three crew staterooms with heads and showers. The crew has their own dining/lounging area. On the main deck is the open, airy salon and pilothouse. The pilothouse is equipped with every modern electronic device necessary to take Diamond to amazing adventures. On first inspection you will note the simplicity in the joystick controls for the MJP jets. The dining salon is just aft of the pilot station. It seats ten. The roof over the dining salon opens offering great views and fresh air. The salon is aft of the Dining salon divided by a low hutch. Immediately you will observe the large windows on this entire main deck offering great views from any location. The aft deck is spacious and offers entertainment space and seating as well as a large lounging area. The transom opens to supply storage for a tender, jetskiis, dive equipment or nearly any water sports gear. On the main deck forward of the pilothouse and accessed by the wide walk around deck is a comfortable seating area for ten with an umbrella for sun protection. There is a tender garage on the bow for a second tender or more jetskiis. The flybridge offers sunning, seating and dining options. There is also a pilot station on the flybridge. Diamond will reach speeds of 48 knots and will cruise at 40 knots.

* ALL NEW AV IN SALON *

List of Main Components Installed

ENGINE - 3 X MTU 16V 2000 M93 approx 1800 hrs

Extended warranties in place through 2023

Gear Box Inverter - 3 x ZF 3060 Ratio 2.750/1

Propulsion - 2 x Waterjet MJP 550 DD

Generators - 2 x Cummins 80 KW approx 4500 hrs

Furuno Nav Net

New ships monitering system System installed in early 2021

Humphree Trim Tabs

Simrad Auto Pilot

Furuno Inmarsat

Furuno Single Side Band

3 Furuno VHF

Kablenberg Ship Horns

Autoclave Pump Fresh Water - 1 x Gianneschi Jet 518 400 V CC

Fire Fighting Pump - 1 x Gianneschi 501 BT 400 V AC

Bilge Immersion Electric Pump - 7 x Rulematic 2000 24 V DC

Centralized Bilge Electric Pump - 1 x Gianneschi ACM 501 BT K3 230 V DC Three Phase

Bilge and Fire Emergency Motorpump - 1 x Gianneschi FS 40/14

Fuel Oil Transfer Electric Pump - 1 x Gianneschi CP 32 N 230 V AC Three Phase

Fuel Oil Transfer Electric Pump - 1 x Gianneschi CP 32 A 24 V DC

Oil Transfer Electric Pump - 1 x Gianneschi FQ 15 380 V AC

Black Water Mincing Pump - 1 x Hamann Echo MV 44 24 V DC

Sanisplit - 5 x 220 TECMA

Boiler - 3 x 100 LT - 230 V AC

A/C System - 1 x Condaria

Water Maker - 2 x Idromar MC3 180 LT/H Type Duplex

MM EE Starter Battery Charger - 1 x Mastervolt 24/50-2

Service Battery Charger - 1 x Mastervolt 24/100

Radio Battery Charger - 1 x IVO SMART 24/10

MTU Battery Charger - 1 x Mastervolt 24/25-2

Gen Battery Charger - 1 x IVO SMART 12/15

Eme. Battery Charger - 1 x Mastervolt 24/50-2

Inverter - 1 x Mass Sine 24/1500

Stbd M.E. Battery Starter - 4 x Exide NG G 210 12 V - 143 AH

Service Battery - 6 x Exide G 210 6 V - 183 AH

Radio Station Battery - 2 x Exide G 80 12 V - 80 AH

Emergency Lights - 4 x Exide G140 12V - 143 AH

MTU Electronics Battery - 2 x Exide G 210 12V - 210 AH

DD / GG Battery - 2 x Exide G 140 12V - 143 AH

Motorpump Battery - 1 x Exide G 60 12V

Anchor - 2 x Kedge 180 KG

Anchor Chain - 125 MT Calibro 16 mm

Windlass - Ercole 7.5 KW 220 V AC - 3F

Capstan - 2 x Lofrans' 5.0 KW 220 V AC

Engine Room Electric Ventilator - 4 X Gianneschi 230 V ELL APV 450

Engine Room Electric Extractor - 2 x Gianneschi 230 V ELL APV 450

Engines Water Fuel Separator Pre-filters - 3 x MTU

Generators Water Fuel Separator Pre-filters - 2 x Racor 500 FG

Multifunction Hydraulic Power Unit - Pincraft

Intruder Hydraulic Power Unit - Humpree

Swimming Ladder - Morsaverio

Bow Thruster - BCS

Propulsion Control Electronic System - MTU Blue Line

Self Inflatable Life Rafts - 2 x Eurovinil SOLAS for 12 person

2022 upgrades: Full paint, New exterior teak decks, New electronics, New salon flooring, New salon furniture.

Tender and Toys

2011 17' Williams 520 Tender, Yanmar Diesel

Yamaha 2011 3 person Super Charger Jet Ski

Paddle Board

new teak decks

new navigation electronics

new AV equipment

new salon interior

mtu service

kamewa service

bottom paint

Yachting World

• Digital Edition

Extraordinary boats: The Yachting World Diamond from design to deck

• Nigel Sharp
• March 22, 2024

The Yachting World Diamond is a Jack Holt design which continues to attract devotees 60 years after its conception. Nigel Sharp takes a look back at the class

During the post-World War II boom years of small-boat sailing, Yachting World promoted some 30 designs, most of which allowed for home construction in plywood. The largest was the Yachting World Keelboat, later renamed the Yachting World Diamond.

‘For years the editor dreamt of a planing keelboat,’ the Yachting World magazine later reported about the resulting Jack Holt design.

R&W Clark in East Cowes built the prototype Zest . It ‘was thoroughly tested in the hard winds and seas of the autumn and early winter of 1960 (and) surpassed the highest hopes of her.’

R&W Clark tested two rigs – a masthead and a three-quarter fractional rig – before the testers reached a compromise with a 7/8ths fractional.

Zest was exhibited at the London Boat Show the following January, after which it was reported that ‘boats are being built by several yards as well as by a number of amateurs’.

Around the same time, Bristol Aeroplane Plastics Ltd began to mould GRP yachts. The first of these, Bristol I, helmed by Jack Knights, was the overall winner in the Round the Island Race that July.

The following month, Knights recorded five wins in six races in a YW Keelboat class of seven yachts in Cowes Week .

Racing The Yachting World Diamond. Photo: Nigel Sharp

In 1962, Bristol Aeroplane Plastics introduced a GRP cruising version of the boat. This version had a ‘cabin-top to accommodate two berths, and the usual other arrangements, and two more berths under the raised aft deck.’

People thought the latter would be ‘the ideal boat for the man who wants a family cruiser but without those deadly dull qualities which usually go with a boat so described.’

But despite these promising early signs, the class never really took off in home waters.

It was a different story in Australia, however. Within a month of Bristol I’s victory, people were buying plans in order to build the Yachting World Diamond for themselves, all in plywood.

Racing Yachting World Diamond’s through the ’60s and ’70s

‘The enthusiasm for the design is unanimous,’ reported the secretary of the YW Keelboat Association of New South Wales in March 1963.

‘The boat is the most exhilarating I have ever sailed. They are being built in greater numbers than any new class… truly the yacht is being hailed here as the greatest single advance in yacht design in years.’

By November that year there were Diamonds racing in Sydney, Melbourne, Perth and Tasmania.

In the mid-1970s fleet numbers were regularly in the 30s, and occasionally up to 40 boats from different clubs raced together in Port Phillip Bay.

Similar numbers took part in national championships when boats would be trailed across the country from as far away as Perth.

“It was great racing,” said Peter Clark, who regularly sailed Diamonds in those days. “They were the right boat at the right time”.

Trapeze for breeze

In the mid-1970s, the Port Phillip yachts began experimenting with twin trapezes to help them cope with the typically windy conditions. They planned to use them at a forthcoming national championship hosted by the Royal Melbourne Yacht Squadron.

However, when crews from other states objected, the Port Phillip yachts had to revert to toe straps for that event, but it wasn’t long before trapezes were officially adopted nationwide.

Twin trapezes were added in the 1970s to contend with the breezy conditions of Victoria, Australia. Photo: Nigel Sharp

In the early 1980s, GRP foam sandwich boats came onto the scene, though they generally only replaced ageing wooden yachts .

The golden years in terms of racing fleet sizes lasted barely more than a decade before the Diamond’s popularity started to decline. Clark recalls just 14 boats taking part in the Australian championships in Brisbane in 1986.

“The people that had been sailing them got married, or moved away, or went to sail a bigger boat,” he said. “Life happened.”

The gem today

Port Phillip Bay still provides the best Yachting World Diamond racing today. Five yachts are currently in commission at the RYCV, and two more are at the Royal Geelong YC, 30 miles down the coast.

In addition to Irish Logic, which he races regularly, Royal Yacht Club of Victoria member Doug Prosser owns two other boats. These are Belle, which he recently ‘rescued’, and a donor yacht.

One of the Geelong yachts is Eclipse, a 1963 plywood boat which Neil Cusworth bought for AUS$1 in 2017.

Central cockpit console in Eclipse, with modern controls set up similar to an Etchells for racing. Photo: Nigel Sharp

She was restored by Jaime ‘Nudge’ Bennett who, among many other things, “tweaked the cockpit to be more like an Etchells”, fitted a spinnaker chute, and reduced the hull weight by 80kg.

Cusworth and Bennett occasionally sail her up to the RYCV at Williamstown to race in events there, including the 2019 and 2020 State Championships.

All of the racing yachts at both Williamstown and Geelong are dry sailed, and can easily be launched and recovered by member-operated cranes at each club.

The Yachting World Diamond is clearly a good yacht to race in a handicap fleet. When it’s windy, it can fly past bigger boats, which must give them time.

“And they’re very responsive boats in which you can feel what’s happening all the time, so they’re a good training boat,” said Cameron Mead, who crews on Irish Logic.

Among the Yachting World Diamonds known to have survived in the UK is Bristol I, the 1961 Round the Island Race winner. At some point she was converted into a cruising yacht with the addition of a cabin and diesel engine, and subsequently fell into a state of disrepair.

She was purchased in 2012 by Dartmouth sailors Peter Boote and Kit Noble, who restored her to her original configuration. They added two trapezes after Noble had visited Australia and sailed a Diamond there.

She, too, has since enjoyed successful handicap racing in windy weather.

There are still some other Yachting World Diamonds in the UK. Nineteen years ago, Greg Dunn found a yacht called Black Diamond on eBay, which Coombes of Bosham built in 1962 out of plywood.

Previous owners slightly modified her with the addition of a metre to the rig height and an outboard motor well, and had been epoxy sheathed, but otherwise had the original deck configuration with an open cockpit.

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Renovating, racing, and recovering

Dunn has raced Black Diamond in Mersea Week, the Round the Island Race, and various classic regattas, including the Brest Maritime Festival. Keen to get there again “on my own keel” he trailed Black Diamond from Essex to Plymouth and sailed her across the Channel from there.

“It was a fantastic voyage, although it was a little bit lively,” he said of the 23-hour crossing.

Coming back was a different matter. For most of the way they sailed in pouring rain with a double reefed mainsail and no headsail, and the log showed a burst of speed of 15.9 knots. “It was truly terrifying,” said Dunn.

“When we arrived in Plymouth at four in the morning, I was starting to hallucinate after 16 hours on the helm.”

Then, as they were mooring up, he slipped on the coaming and fell onto a winch, fracturing two ribs in the process. “It was the end of the voyage from hell!”

Dianna has a 20mm steel keel plate, with lead ballast on the bottom, lifted by electric winch. Photo: Nigel Sharp

Adapting the Yachting World Diamond

Back in the southern hemisphere, restorers adapted numerous Diamonds for a second life. They include Geelong boat Dianna, another Diamond bought by Neil Cusworth and restored by Nudge Bennett.

Dianna’s cosy four-berth cabin; the original design called for two berths forward, padded by roll-mats. Photo: Nigel Sharp

Dianna was built of plywood in Tasmania in 1961. People previously converted it for cruising with a four-berth cabin, an outboard well, a centreboard and a transom-hung rudder.

These modifications allowed her previous owner to cruise Victoria’s Gippsland Lakes. It also let them trail her to Queensland and cruise around the Whitsundays and the Great Barrier Reef.

Bennett’s work included extending the cabin, laying a teak deck, and painting the spars a gold anodised colour for a more traditional look. They also added an electric winch for the centreboard and fitted a new rudder (in a cassette for easy removal) further forward.

Cusworth now cruises her at Port Phillip, but also races in handicap fleets (and finds that she can get the better of Eclipse upwind).

Offshore racers

Other Australian Diamonds have been converted for offshore racing. Perhaps the best known of these – and certainly the most accomplished – is Saltash II, a 1966 plywood boat.

Halyards and control lines led back to the cockpit. Photo: Nigel Sharp

Saltash’s first owner, Harold Vaughan, sailed the yacht in its original configuration from Sydney to Melbourne and back. Then, from Sydney to Brisbane and back, to compete in the Australian Diamond Championships each time.

In 1981 Saltash II was purchased by Ian and Bill Wright, third generation boatbuilders from the Brisbane company Norman R Wright & Sons.

Their initial intention was to use her for ‘bay cruising’.

But, in 1985, they decided to convert her to ocean racing. The company gave her more robust frames in the bow sections, a cabin, a self-draining cockpit, and an inboard engine. They also added various safety features to comply with the appropriate regulations.

Since then, they have raced her no less than 20 times in the 300-mile Australia’s second most prestigious offshore race, Brisbane to Gladstone. They won the race on handicap eight times.

During this period, three different rating systems (IOR, IMS and IRC) have been used for the race and the Wrights have modified Saltash to optimise her for each of them.

Ian Wright described the first race in 1985 as “agonisingly slow”. However, eight years later, Saltash finished the race in slightly more than 30 hours, just behind a 60-footer. “It was a pretty hairy trip at times.”

Build it yourself: part of the original instructions for home builds. Photo: Yachting World

With the 1960s plywood starting to delaminate, the Wrights are currently restoring Saltash in a major way. They’re replacing all the hull skins with new plywood and incorporating epoxy coatings and a lightweight carbon weave.

All this work is being carried out at the family boatyard, often in the shadow of the 100ft super-maxi Andoo Comanche.

Yachting World Diamond specifications

LOA: 9.14m 30ft 0in LWL: 7.31m 24ft 0in Beam: 2.10m 6ft 10in Displacement: 1.016 tonnes Draught: 1.31m 4ft 4in Sail area: 24.24m2 261ft2

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Mike Lynch yacht: The Bayesian's owner was close to billionaire and cost an enormous sum

British entrepreneur Mike Lynch is still missing following the capsizing the yacht he was on near Sicily.

While the billionaire has yet to be found , at least one person is confirmed dead from the accident while six are reported missing. Fifteen have been rescued, including Lynch’s wife , Angela Bacares.

The luxury yacht “suddenly sank” from what’s thought to have been “terrible weather conditions”, according to NBC. Lynch, 59, is the co-creator of the software corporation Autonomy and established Invoke Capital.

• Mike Lynch yacht sinking survivors pictured for first time as search for billionaire intensifies
• Missing billionaire Mike Lynch cleared of fraud just months before superyacht sinking in Italy

How much is the yacht 'The Bayesian' worth?

The Sun reports the 56-meter sailing yacht, called Bayesian, is worth £14 million, about $18 million. The average cost to buy a super yacht, which is a yacht between 37 to 60 meters, starts at about $10 million, according to Galati Yacht Sales .

Forbes said the cost to charter the Bayesian is $215,000 for one week. The yacht was listed for sale earlier this year, though it is no longer, according to BOAT International.

Who owned the Bayesian?

The yacht is legally owned by Lynch’s wife Bacares, Forbes reported. It was built in Italy in 2008 by renowned boat builder Perini Navi.

BOAT International reports the yacht's naval architecture was developed by Ron Holland Design while the interior design is by Rémi Tessier. It was originally known as Salute until 2016 when it was retrofitted and renamed Bayesian.

When it comes to length, Bayesian is in the top 5 percent in the world. It can accommodate up to 12 guests in 6 staterooms, and it has room for 9 crew members.

It is also one of the world’s tallest, with a single mast reaching 75 meters.

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Exiled russian oligarch’s 257’ superyacht amaryllis seen towed through palm beach.

The Amaryllis being towed past the former mansion of Henry Flagler, built in 1902

By John Jannarone and Alan Hatfield

The 257’ superyacht Amaryllis apparently owned by exiled Russian oligarch Andrey Borodin was towed past Palm Beach, FL on Friday morning, according to a visual account by CorpGov .

The yacht, whose owner is frequently cited as Mr. Borodin by enthusiast publications, moved slowly through the Lake Worth lagoon where bridges were raised for its passage. A towboat with flashing lights about 150 feet ahead pulled the Amaryllis , built by German shipyard Abeking & Rasmussen in 2011.

While CorpGov could not officially confirm Mr. Borodin as the owner of the vessel, his wife, socialite Tatiana Korsakova, has posted dozens of Instagram photos and videos aboard the Amaryllis. A yacht broker interviewed by CorpGov confirmed that Ms. Korsakova is indeed aboard the Amaryllis in the photos and videos.

View this post on Instagram A post shared by Tatiana Korsakova (@tati_vk)

The sighting comes as billions of dollars in Russian-owned yachts have been seized around the world as a result of international sanctions. CNN has published an extensive list of seized vessels, which were taken in harbor cities including Mallorca, Spain and London.

However, it is unclear if the Amaryllis was being seized or voluntarily towed. Very large yachts often choose to be towed because bridges are required to raise for them, according to the yacht broker.

The former Bank of Moscow chief was granted political asylum in the UK in February 2013 after fleeing what he alleged to be politically-motivated fraud and embezzlement charges. Mr. Borodin would go on to be tried and convicted in abstentia in Russian Court in 2018, but not before managing to enlist a number of prominent American lawmakers to lobby Washington for a U.S. visa. Despite Russian extradition requests to the UK government, Borodin’s controversial attempts to make large donations to the NHS, and the uncovering of an assassination plot against his life, the fugitive banker remains overseas, having been granted access to his Swiss bank accounts and having made several notable London real estate purchases during his time in exile.

Mr. Borodin is widely listed as a billionaire, but his total wealth remains difficult to confirm accurately, with the governments of Switzerland and the Bahamas having been asked to help the Russian government in its legal case. In 2012, Borodin purchased the UK’s then-most expensive home, an 80-hectare 18th-century estate in Oxfordshire, for upwards of $217 million. In 2017 he was granted access to personal Swiss accounts holding a reported $378 million. The Amaryllis was purchased for a reported $120 million.

Mr. Borodin did not immediately respond to an emailed query from CorpGov , while the FBI declined to comment. An emailed query to The Department of Homeland Security was not returned.

www.CorpGov.com

[email protected]

Twitter: CorpGovernor

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Woman's Dog Eats Her Engagement Ring's Uninsured Diamond Before Wedding (Exclusive)

Chloe Miller's Australian Shepherd, Charlie, surprised the bride-to-be by swallowing something very precious

Chloe Miller/TikTok; Courtesy of Chloe Miller

• Chloe Miller was panicked when she realized her Australian Shepherd, Charlie, had been chewing on her engagement ring
• The ring's prongs were damaged, allowing her engagement ring's diamond to come loose
• When the diamond couldn't be found anywhere in the home, Chloe was faced with the fact her dog likely ate the diamond

Chloe Miller was taken for quite a ride when her Australian Shepherd got a hold of her engagement ring.

After meeting as collegiate swimmers at Georgia Tech, the student was excited to be engaged to her fiancé after five years of dating. With Miller in grad school and her partner living in Florida for work, the couple was navigating a long-distance relationship when an incident happened involving their dog, Charlie.

One day in March 2022, Miller was slugging through a busy schedule as a graduate student. "I had been gone for eight hours prepping for a big exam I had the following day," she tells PEOPLE. "I had left the ring in my ring dish on my bedside table."

Miller didn't think twice about not wearing her ring, until later when she realized it was missing.

"I am known to lose everything and at the time, I did not have the diamond insured ! I was absolutely devastated because I felt so irresponsible. I called my mother to tell my fiancé because I was so upset, at the time, and didn’t want to stress him out since he was in Florida," she explains.

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

Courtesy of Chloe Miller

Miller eventually realized that Charlie had gotten a hold of the ring and that while chewing on it, the diamond came loose. At that point, she and her partner believed there was a good chance the dog swallowed it.

"She must have smelled it. I assumed she was chewing on it for some time. This is, unfortunately, not the only time she has got into jewelry. She does not chew up ANYTHING else except jewelry," the dog owner shares.

Along with being worried about her diamond, the couple was also worried about Charlie.

"We did a lot of research to determine when we should start getting concerned. She is an incredibly smart dog and I think she knew we were searching for it because she was pooping up to 6-8 times the following two days," Miller says.

"We had agreed to go to the vet the following Monday if it hadn’t passed. As well, we couldn’t be 100% sure that the diamond wasn’t in some carpet or blankets, so we were turning the house upside down."

She continues, "Obviously, I was concerned for her health, but I will say I was an absolute wreck and pretty upset with her at the time. To this day, if I show her my ring, she will cower because she remembers how upset and distraught I was."

As the situation was unfolding, Miller documented it on TikTok. "There was a sound trending that I felt fit perfectly, but I never expected it to blow up."

The concerned dog mom was happy to see a lot of people finding humor in the situation, which helped her get through the waiting game.

"Seeing everybody’s comments were just so funny and it honestly just brought such a positive light to the situation. So many people were commenting the same thing happened in Marley and Me , and I never even realized!"

After a few days, Miller's now-husband — who drove to be with her during the stressful time — was able to recover the diamond.

"Of course, he drove up immediately unexpectedly to help me find the diamond. He was actually the one to find the diamond in her poop nearly two days later," she says.

"She swallowed the diamond on a Thursday, and the diamond passed on Saturday morning. The only damage was on the prongs of the ring. Since then I have gotten the ring fixed and diamond reset in a stronger setting."

"I look back on that video and remember how upset I was in the moment, but to this day, we still joke about it with friends and family and even brought it up at the wedding," she notes. "It is truly part of our love and family story."

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Laurene powell jobs’ $120m super-yacht in minor crash with boat owned by mexican billionaire.

Talk about yacht rock!

Billionaire Laurene Powell Jobs ’ super-yacht, the Venus , was in a minor crash with another mega-vessel, the Lady Moura, owned by Mexican billionaire Ricardo Salinas Pliego , we hear.

The accident between the big ol’ boats — both reportedly worth upwards of $120 million each — happened on July 22nd in Italy.

A source familiar with the situation told Page Six that both yachts were actually anchored when the incident occurred.

Said our seaworthy source: “The Venus came into contact with the Lady Moura — which was also anchored,” adding that on Jobs’ boat, “No family was on board, only crew.”

The insider said the accident happened when, “The wind changed very suddenly, picking up from a breeze to 55 knots over the course of a few minutes.”

View this post on Instagram A post shared by Katia Damborsky (@theyachtwriter)

The source said, “Neither boat ‘dragged anchor,’” but alleged that the Lady Moura was, “on a chain double the length [to be] expected in the depth of water they were in… Both captains were in discussion immediately following the incident about minor repairs needed.”

According to the site Boat International, Pliego’s side recorded the incident, and there’s video of the nautical fender-bender on Instagram.

The outlet reported that the billionaire could be heard saying in Spanish, “I would like to know what the captain and crew were doing that they didn’t see a yacht the size of mine in front of me. Good thing nothing but a scratch happened, but it’s a big scratch that’s going to [cost] a lot to fix.”

The 256-foot Venus was custom created for Steve Jobs, and designed by Philippe Starck. But the late Apple founder never got a chance to use the boat before his 2011 death and it went to his widow.

At 344 feet, the Lady Moura was previously owned by a Saudi businessman and cost $200 million before it was reportedly bought for $125 million by Pliego, the third richest person in Mexico.

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Pliego is a billionaire businessman who runs banking, telecommunications and retail companies.

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Rare Diamond

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RARE DIAMOND YACHT CHARTER

32.31m  /  106'   sanlorenzo   2011 / 2023.

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Cabin Configuration

Special Features:

• Recent refit in 2023
• 1,406nm range
• Two VIP cabins
• Cruising speed of 21 knots
• Sleeps 11 guests

Rare Diamond is an outstanding candidate for a perfect yacht charter vacation

The 31.7m/104' motor yacht 'Rare Diamond' by the Italian shipyard Sanlorenzo offers flexible accommodation for up to 11 guests in 5 cabins and features interior styling by Della Role Design.

Built in 2011, Rare Diamond is the ideal luxury yacht for kicking back and relaxing whilst on charter, showcasing clever use of space with an artful combination of integrated systems and luxurious features, she's a crowd-pleaser for sure.

Guest Accommodation

Rare Diamond offers guest accommodation for up to 11 guests in 5 suites comprising a master suite, two VIP cabins and two twin cabins. She is also capable of carrying up to 6 crew onboard to ensure a relaxed luxury yacht charter experience.

Onboard Comfort & Entertainment

Whatever your activities on your charter, you'll find some impressive features are seamlessly integrated to help you, particularly Wi-Fi connectivity, allowing you to stay connected at all times, should you wish. You can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

Built with a GRP hull and GRP superstructure, she has impressive speed and great efficiency thanks to her planing hull. Powered by twin MTU engines, she comfortably cruises at 21 knots, reaches a maximum speed of 28 knots with a range of up to 1,406 nautical miles from her 12,400 litre fuel tanks at 11 knots.

Equipped with a selection of water-toys Rare Diamond lets you and your guests turn the Mediterranean into your own private playground. Take to the sea on a Jet Ski offering you power and control on the water. Another excellent feature is a towable toy offering fun and adventure. Also there is a Slalom waterski that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Rare Diamond also features a seabob, wakeboards, paddleboards and snorkelling equipment. When it's time to travel from land to see, it couldn't be easier with a Novurania Tender.

Based in the magical waters of the Mediterranean all year round Rare Diamond is ready for your next luxury yacht charter. Let Rare Diamond Discover the magical places, food and experiences of the the Mediterranean.

Motor yacht Rare Diamond has an array of charter-focused amenities to ensure a memorable experience onboard whatever the destination.

TESTIMONIALS

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Rare Diamond Photos

Amenities & Entertainment

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

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

• Novurania DL 430 Tender Yamaha

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

• + shortlist

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

'Rare Diamond' Charter Rates & Destinations

Summer Season

May - September

€80,000 p/week + expenses Approx $86,000

High Season

€90,000 p/week + expenses Approx $96,500

Cruising Regions

Mediterranean Greece, Turkey

HOT SPOTS:   Mykonos

Winter Season

October - April

€70,000 p/week + expenses Approx $75,000

Mediterranean Greece

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

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from $70,000 p/week ♦︎

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30m | Custom Line

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Jamie dimon backs ‘buffett rule’ to raise taxes on millionaires to pay national debt.

Billionaire banking executive Jamie Dimon said he supports soaking the rich in order to pay down the national debt.

The CEO of JPMorgan Chase said he backs the so-called “Buffett Rule” that would require anyone who earns more than $1 million annually to pay a minimum effective tax rate of 30% on their income.

Bringing down the debt, which recently surpassed $35.12 trillion, while maintaining robust spending on defense, infrastructure and earned income tax credits is “doable,” Dimon said in an interview with the Public Broadcasting Service on Wednesday.

“I would spend the money that helped make it a better country,” the 68-year-old JPMorgan chief said, adding that he favors a “competitive international tax system.”

“And you would maybe just raise taxes a little bit, like the Warren Buffett type of rule,” he said.

“I would do that. And we would be fine.”

In 2012, the Obama administration floated a policy proposal known as “the Buffett rule” whose “basic principle” stated that “no household making over $1 million annually should pay a smaller share of their income in taxes than middle-class families pay.”

The rule, which was never passed into law due to lack of congressional support, is a reference to an interview which the billionaire investor granted to ABC News outlining his views on income inequality in America.

Buffett, whose net worth was valued by Bloomberg Billionaires Index at $138 billion as of Wednesday, noted that while he paid a tax rate of 17.4%, his secretary, Debbie Bosanek, paid a rate of 35.8% of her income.

Sitting alongside Bosanek, Buffett, who showed his tax returns to the Disney-owned news operation, said: “I have never had it so good. … What has happened in recent years, we were told a rising tide would lift all boats, but the rising tide has lifted all yachts.”

Bosanek was invited by then-President Barack Obama to his January 2012 State of the Union address, where she was seated alongside Laurene Powell Jobs and then-First Lady Michelle Obama.

But the tax code appears to have become more progressive in recent years as wealth inequality has gotten worse.

For the 2021 tax year, the Internal Revenue Service issued a report which said that the top 1% of income earners paid a tax rate of 25.9% — which is nearly eight times higher than the 3.3% average rate paid by the bottom 50%.

The last time the US government recorded a budget surplus was in fiscal year 2001. At the time, the US had a surplus of $128 billion.

Since then, however, the Sept. 11 attacks and the subsequent war on terror, the bursting of the dot-com bubble, a major recession brought on by the collapse of the housing market, the bailing out of the US auto industry, COVID-19 and other crises led to a burgeoning national debt.

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British tech entrepreneur Mike Lynch missing after yacht sinks off Sicily

Lynch, his daughter, two other Britons and two Americans were missing after the 183-foot luxury yacht Bayesian sank in a “violent storm.” Fifteen people were rescued; one crew member was found dead.

Key takeaways

Summary is AI-generated, newsroom-reviewed.

• Yacht sinks off Sicily coast
• One dead, six missing
• 15 rescued, eight hospitalized
• Violent storm blamed
• Search and rescue ongoing

A previous version of this article and its headline misstated the number of American citizens among the missing. There were only two, not four. The article and headline have been corrected.

ROME — One person was dead and six American and British nationals were missing Monday after a British-flagged yacht sank in a storm off the northern coast of Sicily, authorities said.

The missing included Mike Lynch , the British founder of the tech venture capital firm Invoke Capital and co-founder of the tech firms Autonomy and Darktrace, according to a person familiar with the situation. Rescuers were searching for Lynch, 59, and daughter Hannah, 18, as well as two people with British citizenship and two with American citizenship, authorities said.

Lynch’s wife, Angela Bacares, was among 15 people rescued, according to the person, who spoke on the condition of anonymity because of the delicacy of the situation. The 183-foot luxury yacht, Bayesian, is owned by Revtom, a firm controlled by Bacares and registered on the Isle of Man, documents show.

A 1-year-old girl was among the survivors , after a near-brush with tragedy when she slipped from her mother’s grasp in the furious waves. She and her mother, Charlotte Golunski, were rescued, according to local media.

Responders recovered the body of the vessel’s chef, a man of undisclosed nationality, the only confirmed fatality in the disaster. The search-and-rescue operation includes four coast guard vessels with two helicopters and two dive teams on alternating shifts.

The yacht sank to a depth of more than 160 feet; it is believed that some passengers might have been trapped in their rooms. The first attempt by cave divers to search inside the sunken yacht was unsuccessful, local rescue authorities said , with limited access to the bridge and furniture obstructing the passage.

The Bayesian was anchored about half a mile off the fishing village of Porticello when it sank about 5 a.m. Monday in what authorities called a “violent storm.” Some Italian media outlets described it as a whirlwind.

The Sir Robert, a Dutch-flagged sailing vessel anchored nearby, responded immediately to help survivors before the Italian coast guard arrived.

Rescued crew members told authorities that 22 people were on the Bayesian: 12 passengers and 10 crew members. Of the 15 people rescued, eight — including the 1-year-old girl — were taken to hospitals in conditions that were not life-threatening.

“We don’t as of yet have an official passenger list, so all of the available information currently comes from the skipper, who was still shaken, and may be confused,” said Luciano Pischedda, a spokesman for the harbor master in Palermo.

Lynch, the son of a firefighter from County Cork and a nurse from County Tipperary in Ireland, received a doctorate from Cambridge University and made his fortune in tech. Autonomy, a spinoff from his Cambridge Neurodynamics, founded in 1991, grew to become one of Britain’s 100 largest publicly traded companies.

He sold Autonomy to Hewlett-Packard in 2011 for more than $11 billion but was subsequently accused of overvaluing the company and was charged in the United States with fraud. After a lengthy legal battle, he was found not guilty on all charges.

In May, the Sunday Times estimated Lynch and Bacares’s combined wealth at $649 million. That was down from $1.08 billion in 2023.

The Italian wire agency ANSA reported that the storm might have broken the sailboat’s mast, causing the yacht to lose its balance.

Pietro Asciutto, a local fisherman, told ANSA he was at home when the storm hit. “I immediately shuttered all the windows, then noticed the boat,” he said. “It had only one mast, quite big.”

“It was floating, still, then suddenly vanished,” he said. “I saw it sink with my own eyes.”

Baker reported from Washington. Rachel Pannett in Wellington, New Zealand, contributed to this report.