project x yacht owner name

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Boat of the Week: This Bonkers 288-Foot Superyacht Has a 3-Story Glass Elevator That Would Make Willy Wonka Jealous

With more than 40 leathers, marbles and wood species, the elaborate interior on this 288-footer proves it was worth the wait., julia zaltzman, julia zaltzman's most recent stories.

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Other key features include a 2.8-tonne-capable helipad on the foredeck, side-opening tender garages, a professional DJ setup and an office/conference room with separate secretary facilities.

Armed with preliminary designs, the owner set about finding a builder. A combination of busy shipyards, long lead times and exorbitant prices saw the owner turn to Marco Chilena, an outpost of Seattle-based builder Marco Marine, with facilities in Chile’s Atacama Desert. “The yard specialized in commercial fishing vessels and hadn’t built a single yacht, but they were starting a 236-foot yacht project for a top Italian owner and quoted highly competitive prices,” says Freivokh.

Seizing the opportunity, the owner instructed Freivokh to complete designs for a total of three projects, sized at 236 feet, 256 feet and 328 feet. His aim was to repeat the success he’d had spearheading the build of five Benettis with a group of owners. Marco Chilena commenced work on two of the yachts, building the hull and part of the aluminum superstructure on the 236-footer and laying the keel for the 256-footer, before the yard had serious financial troubles. All work stopped, and the 236-foot hull was placed on a platform and towed thousands of miles along the West coast to Delta Marine in Seattle, where it sat untouched for the next seven years. Delta’s fee to correct and finish the build exceeded the original quote by $58 million. Incidentally, the other owner, who had started a new yacht in the Chilean shipyard, also had it towed away, first heading to New Zealand before being finished at a shipyard in Turkey. Now named Victorious , it made its world debut at Monaco alongside Project X .

With Project X temporarily shelved, the owner completed Meamina , a 195-foot Benetti that he used to cruise during the summers and winters, before Jonathan Beckett, CEO of Burgess Yachts, reignited his interest by recommending Greek shipyard Golden Yachts. It proved a good fit, and Project X ’s hull was sent across the Atlantic where it underwent a 28-month completion program.

More than 40 types of leather, woods, marbles and onyxes are featured on board, including leather ceilings, silk carpets, walls dressed in Amazonian fish skin and floor tiles made from black Sahara noir marble with gold and white veining. The bar on the upper deck has undulating cladding made from glass bottles filled with a whisky-colored liquid, for which Massari designed rubber-coated spring supports to keep the bottles sea-fastened. In the formal dining area, a 13-foot-long wine cellar inspired by a bank vault delivers ‘wow’ factor.

A key area is the beach club, an original part of the design that largely benefited from the decision to move the gym to the sun deck, leaving the beach club entirely devoted to relaxation. It includes two saunas, a massage/beauty room, a large sofa that rotates to face out to sea, and the attention-grabbing pool.

“The glass-sided pool allows the adults to keep an eye on the children as they are playing and brings additional light into the beach club, both of which were important elements for the owner,” Captain David Cherington told Robb Report . Though accessed from the main deck aft, the glass-encased bottom of the pool sits suspended in the center of the beach club, clad in silver Xs.

The ‘X’ symbol features prominently throughout the yacht, from the atrium to the stern area to the monogrammed cushions and even the yacht’s name. While Project X sounds cool, it was conceived by Freivokh to compensate for structural inconsistencies during the initial build.

The full-beam 1,400-square-foot owner’s suite, located aft of the bridge and atrium, enjoys 180-degree views and its own exterior deck, with a dining room and spa pool. Even when maintaining a commercially active lifestyle onboard, the yacht suits the needs of the owner’s family as well as proving a popular charter yacht. But, alas, it would seem the owner’s mind is always on the next project. Project X is available for sale “at the right price,” says Freivokh.

Click here to see more photos of Project X.

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PROJECT X Yacht– The Enigmatic $150,000,000 Superyacht

Launched in 2022, the PROJECT X yachtmarks a seismic shift in the landscape of luxury yachting. Not just a superyacht but a floating palace, this 87.6-meter masterpiece was crafted with meticulous precision and unparalleled creativity.

Conceived by the renowned Greek shipyard Golden Yachts and designed by Ken Freivokh, this vessel fuses stunning aesthetics with world-class engineering to create a truly unique maritime experience.

Boasting an array of custom features and amenities that go beyond the imagination, from a triple-height glass atrium to a wellness suite with its own juice bar, PROJECT X isn’t just designed for travel—it’s designed for a transcendent journey across the seas.

Project X Yacht Interior

The interior of PROJECT X is a grand statement of luxury and comfort, courtesy of Massari Design Studio. As soon as you set foot inside, you are greeted by a triple-height glass atrium that encompasses an awe-striking elevator, designed to move guests effortlessly through this floating sanctuary.

The masterful use of materials—from exotic woods and sumptuous leathers to elegantly worked metals and marbles—creates a haven of unparalleled luxury. The yacht can accommodate up to 12 guests in nine extravagant suites, including a master suite with its own private pool, a VIP cabin, five double cabins, and two twin cabins.

A dedicated wellness suite caters to every conceivable need for rejuvenation and relaxation, boasting a spa, Hammam, Finnish Sauna, and an adjoining juice bar and lounging area. The interior is not just about comfort; it’s a holistic experience designed to titillate all your senses.

Project X Yacht Exterior

Excellence continues onto the exterior, designed by the acclaimed Ken Freivokh. One of the most noticeable features of PROJECT X is its set of cascading aft decks coupled with a unique triple-X paneling pattern. Fold-down balconies and floor-to-ceiling windows not only bring ample natural light into the interiors but also create an intimate connection with the surrounding seas.

A 7.5m by 3m glass-sided swimming pool leads to an expansive swim platform, an opulent touch that makes swimming not just an activity but an event in itself. To top it off, a 360-degree sundeck gymnasium ensures you can maintain your fitness routine while soaking in panoramic ocean views.

Project X Yacht Toys and Tenders

You’re never short on excitement with PROJECT X. Leading the pack is a 10m Onda Limo Tender, accompanied by an exciting range of toys that include everything from Flyboards and waterslides to SeaDoo WaveRunners, waterskis, seabobs, wakeboards, kayaks, and bikes. The yacht promises non-stop adventure, fun, and relaxation.

Chartering with a Crew of Experts

A seasoned crew of 28 specialists ensures that every moment aboard PROJECT X is as seamless as it is luxurious. Whether it’s tailored dining experiences, water adventures, or simply indulging in the yacht’s sumptuous amenities, the crew makes sure your charter vacation is one for the books.

Project X Yacht Owner

While the owner’s information remains confidential, what we do know is that PROJECT X is a labor of love, envisioned and executed by some of the most celebrated names in yachting. Built by the esteemed Greek shipyard Golden Yachts and designed by industry icons Ken Freivokh and Massari Design Studio, this yacht is a testimony to human ingenuity and craftsmanship. Every inch of her has been carefully planned and flawlessly executed to provide the ultimate luxury yachting experience.

In summary, PROJECT X is not just a yacht; it is a floating utopia that offers an unmatched blend of luxury, performance, and sustainability. With its exceptional design, unparalleled amenities, and commitment to ecological responsibility, it sets a new standard for what a luxury yacht can and should be.

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For any queries about yacht charter, sales or management

Project X is a 88m full custom superyacht of superlative standing.

Winter 2023/2024

Bermuda, British Virgin Islands, Cuba, Dominican Republic, Leeward Islands, The Bahamas, Trinidad & Tobago, US Virgin Islands, Windward Islands

Summer 2024

Albania, Corsica, Croatia, Cyprus, French Riviera & Monaco, Greece - Aegean/Cyclades Sea, Greece - Ionian Sea, Italy - North (mainland), Italy - Sardinia, Italy - Sicily, Italy - South (mainland), Montenegro, Provence Coast & Marseille, Turkey, Venice

Project X Dimensions

88.01m / 288' 9"

4.80m / 48′ 6″

4.50m / 14'9"

Project X offers the most indulgent and luxurious charter experience imaginable. Built by Golden Yachts and launched in 2022, Project X was immediately acknowledged for her unique design and high number of lifestyle amenities, including an award-winning design beach club with spa facilities, a lounge and fold-down balconies at the water’s edge.

This innovative superyacht delights at every turn – the attention to detail and consideration given to maximising onboard enjoyment truly embodies what a superyacht charter is all about. This yacht’s head-turning exterior pro, le is by Ken Freivokh Design and features cascading aft decks with a triple-X strip amidships. The artistic interior by Massari Design Studio can be described as contemporary with an Art Deco twist. Leather and marble are used throughout, and Project X has an impressive collection of Greek art onboard. Another notable aspect of her design is her triple-height glass atrium and lift, which runs from the bottom deck to the top and is the largest cylinder lift ever installed on a yacht.

Project X has an outdoor cinema setup and a glass-edged swimming pool surrounded by sun loungers and exterior lounge furniture. Spa facilities include a wellness suite with Hammam, sauna, beauty salon and massage room, and there’s also a dedicated medical suite.

Key Features

5m-long swimming pool

Owner’s private deck with jacuzzi

Full wellness suite with spa, Hammam and Finnish sauna

A stunning collection of artwork

Touch-and-go helipad

Triple height glass atrium and elevator

Accomodation

Owner's Deck: 1 x Owner's suite with dual dressing rooms and en-suites with a study and lounge area and access to a private deck with a jacuzzi.

Upper Deck: 1 x double guest suite with en-suite and convertible lounge area. 1 x twin cabin with en-suite.

Main Deck: 1 x VIP cabin with dual en-suite and lounge area. 3 x double cabins with en-suites. 1 x twin cabin with en-suite.

10m Limo tender Onda (12 seats) | 9m Pedrazzini Vivale classic boat (6 seats) | 2 x 6.25m Whitmarsh sport ribs (8 seats)

Inflatables and Accessories

2 x Seadoo GTX limited 300 | 2x Seadoo wake pro 230 | 3 x Seabobs | 1 x Flite boards / E-foils | 2 x sea kayaks | 2 x transparent 2-person kayaks | 2 x inflatable paddle boards | Wake board | Waterslide | Water skis | Towing toys (banana & sofa) | Fishing Equipment | Bikes (3 x road, 3x mountain, 2 x electric assist) | Full beach set up equipment | Jelly Fish net pool

Diving Equipment

Full diving equipment

Gym Equipment

Free weights (20x weights)| Adjustable bench multi-function strength machine | 3 x Peloton bike Elliptical training machine | Treadmill | Balance dome | Personal resistance kinesis mirror machine | 2 x Foam rollers | 2 x Step-up platforms | 4 x Mobility poles | Reformer Pilates machine | 3 x Wellness balls | 8 x Medicine balls (10kg, 9kg, 6kg, 5kg) | Boxing gloves and pads | Push-up bars | 8 x Yoga mats | 3 x Skipping ropes | 10 x Resistance bands | Outdoor pull-up bar

Project X: The Superyacht 15 Years in the Making

For 15 years, the team behind Project X has been working tirelessly to create one of the most ambitious superyachts in the world. And now, after a decade and a half of planning and construction, the yacht is finally ready to set sail.

At 183 meters in length, Project X is one of the largest superyachts ever built. It was designed by naval architect Espen Oeino, who is known for his work on some of the world’s most iconic yachts. The interior was designed by Italian designer Laura Sessa, who worked closely with the yacht’s owner to create a space that is both luxurious and functional.

One of the standout features of Project X is its expansive beach club, which spans three levels and includes a swimming pool, a gym, a spa, and a cinema. The beach club is accessed via a grand staircase that leads down from the main deck, and offers stunning views of the sea.

The yacht also boasts a helipad, a touch-and-go helicopter platform, and an onboard garage that can accommodate a fleet of tenders and water toys. There is even a dedicated submarine bay, which can hold up to two submarines.

But it’s not just the amenities that make Project X so impressive. The yacht is also equipped with cutting-edge technology that ensures a smooth and comfortable ride. It has a dynamic positioning system that allows it to stay in one spot without dropping anchor, as well as a hybrid propulsion system that reduces fuel consumption and emissions.

The yacht’s interior is just as impressive as its exterior. The main saloon is a grand space that features floor-to-ceiling windows, a fireplace, and a piano. The owner’s suite spans two levels and includes a private lounge, a study, and a balcony with a Jacuzzi.

With its size, luxury, and advanced technology, Project X is a true masterpiece of modern yacht design. It’s a testament to what can be achieved when a team of experts comes together to create something truly extraordinary.

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Miami, Florida

There are few places on the East Coast that can compare to Miami, Florida.  

2022   Golden Yachts    289ft  /  88m

PROJECT X Yacht Charter

PROJECT X is actively available for charter.

The luxury motor yacht PROJECT X, previously named Z, was built by Golden Yachts and delivered to her owner in 2022.

The exterior of PROJECT X is designed by Ken Freivokh.

The 289ft / 88m PROJECT X has been constructed with a steel hull and is powered by 2 x Caterpillar 4,972 HP with a cruising speed of 13 knots and a top speed of 16 knots.

Charter guest accommodation

PROJECT X has been designed to comfortably accommodate up to 14 charter guests in 7 suites.

The guest cabins comprise a primary suite with a king size bed and en-suite bathroom facilities and 6 cabins with a double bed and en-suite bathroom facilities.

Your luxury charter crew

Your luxury charter on board motor yacht PROJECT X will be managed by the crew of 24 including the captain.

The crew will ensure you have a relaxed and enjoyable charter experience with all of your needs catered for while on board.

The 24 crew have their own separate crew quarters allowing guests to enjoy increased levels of privacy.

Amenities & Entertainment

Amenities on board for the charter guests include Air Conditioning, Beach club, Bicycles, Elevator, Exercise equipment, Gym, Helipad, Jacuzzi in primary cabin, Jacuzzi on deck, Sauna, Spa, Sun pads, Sun loungers, Swim platform and Swimming pool.

An extensive list of further amenities and water toys can be seen under the features and amenities section.

Yacht charter destinations

PROJECT X is Currently cruising in the West Mediterranean.

Sample itineraries for the cruising destinations can be supplied by your professional charter broker allowing you to plan your luxury yacht charter vacation in detail.

• Balearic Islands
• Corsica & Sardinia
• Sicily & Aeolian Islands
• Amalfi Coast
• French Riviera
• South of France
• North Africa
• Air Conditioning
• Exercise equipment
• Jacuzzi in master cabin
• Jacuzzi on deck
• Sun loungers
• Swim platform
• Swimming pool
• Inflatable Watertoys
• Inflatable floating island
• Jet Skis (standup)
• Paddleboards
• Water skis - adult
• Snorkeling Gear
• 1x 10m Onda limousine tender
• 1x 9m Pedrazzini Vivalle classic
• 2 x 6.3 Whitmarsh RIBS

Destinations

Frequently Asked Questions

How much to charter project x.

PROJECT X has a weekly charter price starting at €1,200,000 and an estimated daily charter price of €200,000.

How many guests on board PROJECT X?

PROJECT X can accommodate 14 sleeping guests on board in 7 cabins.

Where is PROJECT X currently located?

PROJECT X was last seen in Greece.

Legal Disclaimer

Motor Yacht PROJECT X is displayed on this page for informational purposes and may not necessarily be available for charter. The yacht details are displayed in good faith and whilst believed to be correct are not guaranteed, please check with your charter broker. Charter Index does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or images displayed as they may not be current. All yacht details and charter pricing are subject to change without prior notice and are without warranty.

U.S. Customs & Border Protection

The yachting industry has no global listing service to which all charter yachts must subscribe to, making it impossible to ascertain a truly up-to-date view of the market. Charter Index is a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed, it is not always clear if they are still for charter. Whilst we endeavour to maintain accurate information, the existence of a listing on Charter Index should in no way supersede official documentation supplied by the representatives of a yacht.

Specification

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Not Italian or German but a Greek shipyard has unveiled this 289 feet long superyacht. Project X by Golden Yachts has one of the largest glass elevators ever installed on a vessel, it comes with a Hammam and Finnish sauna, a massive gym, and a glass-walled pool.

In the aft area, there’s a garage, which hosts the yacht’s Pedrazzini boat, according to Boat International . What good is a boat if it doesn’t perform? Golden Yacht’s Project X is a winner on every front as she navigates across the water at a top speed of 17.5 knots. She cruises at 14 knots with twin Caterpillar engines.

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PROJECT X for charter

Project X is a 88m full custom superyacht of superlative standing. Project X offers the most indulgent and luxurious charter experience imaginable. Built by Golden Yachts and launched in 2022, Project X was immediately acknowledged for her unique design and high number of lifestyle amenities, including an award-winning design beach club with spa facilities, a lounge and fold-down balconies at the water’s edge. This innovative superyacht delights at every turn – the attention to detail and consideration given to maximising onboard enjoyment truly embodies what superyacht charter is all about. This yacht’s head-turning exterior profile is by Ken Freivokh Design and features cascading aft decks with a triple-X strip amidships. The artistic interior by Massari Design Studio can be described as contemporary with an art deco twist. Leather and marble are used throughout, and Project X has an impressive collection of Greek art onboard. Another notable aspect of her design is her triple-height glass atrium and lift, which runs from the bottom deck to the top and is the largest cylinder lift ever installed on a yacht. Project X has nine cabins and can accommodate up to 12 guests. The forward-facing master suite enjoys direct access to a private deck with a Jacuzzi, there’s a full beam VIP suite, and seven further cabins comprising five doubles and two twins. The cabins on the upper deck can be adjoined to form larger suites. The main saloon offers multiple seating options, a self-playing piano to set the ambience, and floor-to-ceiling glass panels that can be retracted to give access to the side decks. This area leads through to the formal interior dining room with adjoining library and a smaller intimate dining room. The upper deck offers an expansive second lounge in a circular arrangement, served by a statement bar counter. Deck spaces include the sun deck which, as well as a Jacuzzi and bar counter, boasts a spacious fully equipped gym with 360-degree views. To aft on the main deck, Project X has an outdoor cinema setup, and a glass-edged swimming pool surrounded by sun loungers and exterior lounge furniture. Spa facilities include a wellness suite with Hammam, sauna, beauty salon and massage room, and there’s also a dedicated medical suite. Project X has an incredible array of water toys, including two Sea Doo GTX limited 300 jet skis, two Sea Doo Wake Pro 230 jet skis, three SeaBobs, a Fliteboard, kayaks, stand-up paddleboards, wakeboards and water skis, and various towable inflatables. The yacht is served by four tenders – a 10m limousine, two 6.25m sports RIBs, and a 9m classic chase boat, so you can be sure of transfers to and from shore in style. Well suited to families with children as well as mixed adult groups, Project X is a popular charter option and her crew of 28 look forward to welcoming you.

Specifications

• Name: PROJECT X
• Yacht Type: Motor Yacht
• Builder: Golden Yachts
• Length Overall: 88 metres
• Beam: 14.8 metres
• Max Draught: 4.5 metres
• Gross Tonnage: 2973

Construction

• Year of Build: 2022
• Hull Number: 230
• Hull Type: Full Displacement
• Number of Decks: 4
• Classification: LR
• MCA Compliant: MCA Compliant:

Performance & Capacities

• Max Speed: 18 kn
• Cruising Speed: 12.5 kn
• Fuel Capacity: 296300 litres
• Water Capacity: 138490 litres
• Range: 5500 nm
• Make: CATERPILLAR
• Total power: 5000 hp
• Hull: Steel
• Superstructure: Aluminium

Accommodation

• Passenger Rooms: 9
• Double Rooms: 7
• Twin Rooms: 2

Cruising areas

• Summer: West-Med
• Winter: Caribbean

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An interior flooded with natural light, redefines the connection with your surroundings and nowhere is this better expressed than in her uniquely impressive glass elevator and atrium. Other alluring features include a large private owner’s deck with jacuzzi and sun lounging terrace and sensational views through full-height windows in the master suite and lounges. The main deck is home to a large pool on the aft deck with vast sun-bathing facilities and bar.

Specifications

Steel hull and aluminum superstrucrure, golden yachts, ken freivokh design, massari design studio, ken freivokh design.

Yacht arrangement

Project X accommodates up to 12 guests in nine guest cabins, each with their own colour scheme. Additionally, on board a corporate guests can enjoy the impressive full beam office/ conference room with separate PA/ secretary facilities on upper deck forward. Complete with panoramic views, active guests can make the most of the unique enclosed gym on sun deck with day room and direct access to large jacuzzi area and sun pads. Steps lead down to a large and welcoming beach club with sauna, hammam and massage/beauty room.

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EXCLUSIVE: 88m superyacht PROJECT X delivered by Golden Yachts

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By Steph Loseby   6 August 2022

After her launch in April 2022, the highly-anticipated 88m (289ft) Golden Yachts vessel PROJECT X  has been delivered and is ready to depart from their Vouliagmeni yard in Greece and head to the West Mediterranean where she will begin her summer charter season.

Brand new for 2022, the yacht’s exterior design has been helmed by British design studio Ken Freivokh, boasting a striking curved raked bow and cascading decks culminating in a large beach club area to the aft. A further prominent feature is her triple ‘X’ paneling amidships that conceals a 3-deck atrium connected by a grand circular glass elevator.

Still officially known as her project name, the luxury motor yacht is set to make her debut appearance at the Monaco Yacht Show in September.

One of the most immediately recognizable new megayachts

Boasting an outstanding glass shaft design, very reminiscent of the luxury yacht MALTESE FALCON , the circular skylight brings natural light all the way from the sundeck through to all levels of the yacht.  Seamlessly integrating a fully-equipped air-conditioned gymnasium too, the large glass panels promise guests glorious Mediterranean views as they work out.

The majestic yacht is the second-largest yacht to be delivered from the Greek yard, following the celebrated launch of Golden Yachts 95m (311ft) mega yacht O’PAR I in 2020.

Placing a heavy emphasis on alfresco living, M/Y PROJECT X boasts 5 cascading decks that showcase a 7.5-meter by 3-meter glass-sided swimming pool on her aft main deck and an expansive beach club featuring a comfortable lounging area and bar, alongside a wellness suite with Hammam and Finnish Sauna. 

Set to provide guests with a taste of the superyacht lifestyle, the yacht's interiors are the work of Massari Design, who have purportedly re-worked 150 different materials into the guest areas, including rare leathers, marble and wood. Filled with natural light, guests are welcomed to a relaxed, unique and luxurious ambiance on board. 

Her vast 14.8-meter beam will effortlessly accommodate 12 guests across seven opulent cabins, comprising an Owner’s deck complete with a private terrace and Jacuzzi and a further VIP suite, both housed on her bridge deck.

Special on-board features include her impressive 6,000nm range, a lavish elevator for easy access between floors and her vast array of premium beauty and wellness amenities that will ensure a luxurious and comfortable yacht charter vacation. 

Project X is an outstanding pedigree yacht that delivers on all fronts. She is spacious and packed with things to do making her fully primed for guests seeking a luxury charter at sea

Looking to book a private yacht charter in the West Mediterranean?

Timeless and enchanting, the Western Mediterranean is a treasure trove of history and culture. Encompassed by France , Italy , Spain and Malta , there is an abundance of opportunities for guests on a luxury yacht charter to explore some of the most beautiful coastlines, cities and beaches in the world. From the sophisticated streets of Sardinia to the paradisiacal Balearic islands , there is something for each and every visitor to adore. 

To find out more about chartering in the region, please see our West Mediterranean yacht charter guide . For some inspiration, check out our sample itineraries handpicked by experts with in-depth knowledge of the region.

If you’d like to learn more about chartering motor yacht PROJECT X this summer, please contact a recommended yacht charter broker .

Standout yachts from the Golden Yachts fleet

95m Golden Yachts 2020

56m Golden Yachts 2018

52m Golden Yachts 2007 / 2020

85m Golden Yachts 2018 / 2024

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Lynch Yacht Sinking Off Sicily Proves as Baffling as It Is Tragic

As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly.

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By Emma Bubola and Michael J. de la Merced

Emma Bubola reported from Porticello, Italy, and Michael J. de la Merced from London.

Two months after being cleared in a bruising legal battle over fraud charges, the British tech mogul Mike Lynch celebrated his freedom with a cruise. He invited his family, friends and part of his legal team on board his luxury sailing yacht, a majestic 180-foot vessel named Bayesian after the mathematical theorem around which he had built his empire.

On Sunday night, after a tour of the Gulf of Naples, including Capri, and volcanic islands in the Eolian archipelago, the boat anchored half a mile off the Sicilian coast in Porticello, Italy. It chose a stretch of water favored by the Phoenicians thousands of years ago for its protection from the mistral wind and, in more recent times, by the yachts of tech billionaires. The boat was lit “like a Christmas tree,” local residents said, standing out against the full moon.

But about 4 a.m., calamity unfolded. A violent and fast storm hit the area with some of the strongest winds locals said they had ever felt. Fabio Cefalù, a fisherman, said he saw a flare pierce the darkness shortly after 4.

Minutes later, the yacht was underwater. Only dozens of cushions from the boat’s deck and a gigantic radar from its mast floated on the surface of the sea, fishermen said.

In all, 22 people were on board, 15 of whom were rescued. Six bodies — five passengers and the ship’s cook — had been recovered by Thursday afternoon, including that of Mr. Lynch, an Italian government official said, adding that the search was continuing for his daughter.

It was a tragic and mystifying turn of events for Mr. Lynch, 59, who had spent years seeking to clear his name and was finally inaugurating a new chapter in his life. Experts wondered how a $40 million yacht, so robust and stable could have been sunk by a storm near a port within minutes.

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

The aura of misfortune only deepened when it emerged that Stephen Chamberlain, 52, a former vice president of finance for Mr. Lynch’s former company and a co-defendant in the fraud case, was killed two days earlier, when he was hit by a car while jogging near his house in England.

Since June, the two men had been in a jubilant mood. A jury in San Francisco had acquitted both on fraud charges that could have sent them to prison for two decades. There were hugs and tears, and they and their legal teams went for a celebratory dinner party at a restaurant in the city, said Gary S. Lincenberg, a lawyer for Mr. Chamberlain.

The sea excursion was meant as a thank-you by Mr. Lynch to those who had helped him in his legal travails. Among the guests was Christopher J. Morvillo, 59, a scion of a prominent New York family of lawyers who had represented Mr. Lynch for 12 years. He and his wife, Neda, 57, were among the missing.

So, too, was Jonathan Bloomer, 70, a veteran British insurance executive who chaired Morgan Stanley International and the insurer Hiscox.

The body of the ship’s cook, Recaldo Thomas, was recovered. All the other crew members survived. Among them was Leo Eppel, 19, of South Africa, who was on his first yacht voyage working as a deck steward, said a friend, who asked not to be identified.

Since the sinking, the recovery effort and investigation have turned the tiny port town of Porticello, a quiet enclave where older men sit bare-chested on balconies, into what feels like the set of a movie.

Helicopters have flown overhead. Ambulances have sped by with the sirens blaring. The Coast Guard has patrolled the waters off shore, within sight of a cordoned-off dock that had been turned into an emergency headquarters.

On Wednesday afternoon, a church bell tolled after the first body bag was loaded into an ambulance, a crowd watching in silence.

The survivors were sheltering in a sprawling resort near Porticello, with a view of the shipwreck spot, and had so far declined to comment.

Attilio Di Diodato, director of the Italian Air Force’s Center for Aerospace Meteorology and Climatology, said that the yacht had most likely been hit by a fierce “down burst” — when air generated within a thunderstorm descends rapidly — or by a waterspout , similar to a tornado over water.

He added that his agency had put out rough-sea warnings the previous evening, alerting sailors about storms and strong winds. Locals said the winds “felt like an earthquake.”

Mr. Costantino, the boat executive, said the yacht had been specifically designed for having a tall mast — the second-tallest aluminum mast in the world. He said the Bayesian was an extremely safe and secure boat that could list even to 75 degrees without capsizing.

But he 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, is 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.

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

The New York Times attempted to reach the captain, James Cutfield, who had survived, for comment through social media, his brother and the management company of the yacht (which did not hire the crew), but did not make contact.

So far none of the surviving crew members have made a public statement about what happened that night.

Fabio Genco, the director of Palermo’s emergency services, who treated some of the survivors, said that the victims had recounted feeling as if the boat was being lifted, then suddenly dropped, with objects from the cabins falling on them.

The Italian Coast Guard said it had deployed a remotely operated vehicle that can prowl underwater for up to seven hours at a depth of more than 980 feet and record videos and images that they hoped would help them reconstruct the dynamics of the sinking. Such devices were used during the search and rescue operations of the Titan vessel that is believed to have imploded last summer near the wreckage of the Titanic.

After rescuers broke inside the yacht, they struggled to navigate the ropes and many pieces of furniture cluttering the vessel, said Luca Cari, a spokesman for Italy’s national firefighter corps.

Finally, as of Thursday morning, they had managed to retrieve all but one of the missing bodies, and hopes of finding the missing person alive were thin. “Can a human being be underwater for two days?” Mr. Cari asked.

What was certain was that Mr. Lynch’s death was yet another cruel twist of fate for a man who had spent years seeking to clear his name.

He earned a fortune in technology and was nicknamed Britain’s Bill Gates. But for more than a decade, he had been treated as anything but a respected tech leader.

He was accused by Hewlett-Packard, the American technological pioneer that had bought his software company, Autonomy, for $11 billion, of misleading it about his company’s worth. (Hewlett-Packard wrote down the value of the transaction by about $8.8 billion, and critics called it one of the worst deals of all time .) He had been increasingly shunned by the British establishment that he sought to break into after growing up working-class outside London.

He was extradited to San Francisco to face criminal charges, and confined to house arrest and 24-hour surveillance on his dime. In a townhouse in the Pacific Heights neighborhood — with security people he jokingly told associates were his “roommates” — he spent his mornings talking with researchers whom he funded personally on new applications for artificial intelligence. Afterward, he devoted hours to discussing legal strategy with his team.

Despite his persistent claims of innocence, even those close to Mr. Lynch had believed his odds of victory were slim. Autonomy’s chief financial officer, Sushovan Hussain, was convicted in 2018 of similar fraud charges and spent five years in prison.

During Mr. Lynch’s house arrest, his brother and mother died. His wife, Angela Bacares, frequently flew over from England, and she became a constant presence in the San Francisco courtroom during the trial.

After he was finally acquitted, Mr. Lynch had his eye on the future. “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,” he said.

Elisabetta Povoledo contributed reporting from Pallanza, Italy.

Emma Bubola is a Times reporter based in Rome. More about Emma Bubola

Michael J. de la Merced has covered global business and finance news for The Times since 2006. More about Michael J. de la Merced