One man died and six people were missing, including British tech entrepreneur Mike Lynch and his daughter, after their luxury yacht and sank off Sicily Jonathan Bloomer, chairman of Morgan Stanley International was among the missing. Fifteen people escaped before it went down, including Lynch's wife and a one-year-old girl. For morefinancial news, go to the News24 Business front page .
The British-flagged "Bayesian", a 56-metre-long sailboat, was carrying 22 people and was anchored just off shore near the port of Porticello when it was hit by ferocious weather, the Italian coast guard said in a statement. Eyewitnesses said the yacht vanished quickly beneath the waves shortly before dawn. Fifteen people escaped before it went down, including Lynch's wife, Angela Bacares, who owned the boat, and a one-year-old girl.
The names of the dead and missing were not immediately released, but a person familiar with the rescue operation confirmed that Lynch and his 18-year-old daughter, Hannah, were not accounted for. Salvatore Cocina, head of the Civil Protection in Sicily said Jonathan Bloomer, chairman of Morgan Stanley International and Chris Morvillo, a lawyer at Clifford Chance were also among the missing people. Italian media said the dead man was the yacht's onboard chef.
Morgan Stanley did not immediately respond to a phone call and email seeking comment after hours. Clifford Chance did not return a request for comment. The Italian coast guard said the missing had British, Ameri.