Jonathan Bloomer is one of six people missing, alongside British entrepreneur Mike Lynch and his 18-year-old daughter, Hannah.
Summary
Morgan Stanley International bank chairman Jonathan Bloomer, his wife Judy, and Clifford Chance lawyer Chris Morvillo are among those missing after a British yacht sank in Sicily
British tech tycoon Mike Lynch and his 18-year-old daughter Hannah are also missing
The yacht sank in bad weather in the early hours of Monday - 15 were rescued, six are missing, and a man’s body has been recovered
The body has not been formally identified, but the Palermo coastguard said it was the ship’s cook
The search is continuing on Tuesday - access to the boat’s cabins has been blocked by furniture
Separately, it has emerged that Mike Lynch’s co-defendant in a recent major legal case, Stephen Chamberlain, died on Saturday in a road accident
AFAIK Mike Lynch was the highest net worth individual on the yacht and Reuters says his net worth is ~$450 million so there may actually not be any missing billionaires. (The Evening Standard claims he had a net worth of £986.4 million which would make him a billionaire in USD but rich lists are often BS so I'm going off what was claimed in court)
Karsten Borner, captain of a nearby boat, said after the storm had passed, the crew noticed the yacht that had been behind them had disappeared.
"We saw a red flare, so my first mate and I went to the position, and we found this life raft drifting," he told Reuters.
His crew took on board some survivors, including three who were seriously injured.
Sounds like it might have flipped pretty quickly, rather than being a slow sinking:
Witnesses told Italian news agency Ansa that the Bayesian’s anchor was down when the storm struck, causing the 72m (236ft) aluminium mast to break in half and the ship to lose its balance and sink.
The ship's unusually tall mast may have contributed to its sinking, according to Matthew Schanck, chair of the Maritime Search and Rescue Council.
He told BBC Radio 4's Today programme that the mast acted almost like a sail in the strong wind "especially with it being so high".
The extreme winds could have caught the mast and pushed the yacht over, he said.
One of the survivors, British tourist Charlotte Golunski, told Italian newspaper La Repubblica how she held up her one-year-old daughter Sofia to stop her from drowning.
She said the two of them and her partner James survived only because they were up on deck when the yacht sank.
Funny how this gets plastered all over the news as tens of thousands have been drowning in the Mediterranean for years now without anyone paying much attention.
The co-defendant from the lawsuit also dying is more specifically suspicious, the btc "hack" happening at the same time is just a potential cherry on top.
Not OP but it would be far easier to contrive getting the boat to the storm. Most ships nowadays (particularly big ones) have autopilot. GPS interference or maybe even hacking (I'd bet a billionaires yacht has sattelite internet) could get it off-course without being too noticeable.
Is it probable? No. Is it possible? Yes.
It might be worth raising an eyebrow and asking the question at least.
I heard in the news that this yacht costs hundreds of thousands to hire. They probably had a "business meeting" on board, and most likely would have claimed the cost for renting the yacht as "business expenses" for tax purposes. Just saying.