There are 3 main reasons Mike Lynch's superyacht may have sunk. None give much hope for finding more survivors.

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An emergency service boat is surrounded by sea off the coast of Sicily.
Italian emergency services are searching the area where Mike Lynch's superyacht sank off the coast of Sicily.

Jonathan Brady - PA Images/Getty Images

Tech tycoon, Morgan Stanley exec missing after superyacht sinks off Sicily

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Mike Lynch
Mike Lynch is missing after a superyacht sank in Sicily.

Dan Kitwood/Getty Images

Steve Jobs' former yacht Venus collided with another superyacht off the coast of Naples

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The yacht
Venus, seen in a file image, was originally designed for Steve Jobs, though he never stepped foot on her.

Valery Hache/AFP via Getty Images

Want to vacation like a billionaire? Here's how much it costs to charter a superyacht

Tech Insider : Travel
Exterior of Carinthia VII yacht in the sea
The Carinthia VII is a 97-meter superyacht available to charter for more than $1.5 million per week.

Courtesy of Fraser

The long tale of the yacht linked to a Russian oligarch and abandoned in the Caribbean for more than 2 years finally draws to a close

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Alfa Nero in Venice, Italy.
The Alfa Nero just sold for $40 million.

VWPICS/Nano Calvo/Universal Images Group/Getty Images

It sure looks like Mark Zuckerberg is taking a brand new superyacht out to celebrate his 40th birthday

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Mark Zuckerberg/Launchpad yacht
Mark Zuckerberg has been linked to the superyacht Launchpad for months.

Chris Unger/Zuffa LLC via Getty Images; Ruben Griffeon/SuperYacht Times

Take a look at the superyacht the Jefferies CEO just bought from the Houston Rockets' billionaire owner

Tech Insider : Travel
Boardwalk Yacht
The Boardwalk yacht recently switched hands, with billionaire Tilman Fertitta selling it to Jefferies CEO Rich Handler.

Charl van Rooy/SuperYacht Times

Russian oligarchs can't buy superyachts — but rich Americans are helping to fill the void

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superyacht

3PhotoFilipposFilippou/Getty Images

What yachting industry insiders have to say about Jeff Bezos' superyacht

Tech Insider : Travel
Jeff Bezos yacht, Koru
Jeff Bezos' superyacht Koru was the talk of the Palm Beach boat show after completing her first year at sea.

Robino Salvatore/Getty Images

These are the biggest and most expensive boats at 2024's Palm Beach yacht show

Tech Insider : Travel
Nero yacht exterior
Modeled after J.P. Morgan's yacht, the Nero is 90 meters in length and available to charter for about $500,000 a week.

Courtesy of Burgess

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