kaos yacht walmart

Check out Nancy Walton Laurie's $300 million superyacht that features a helipad, swimming pool, and aquarium

• Walmart heiress Nancy Walton Laurie owns a multi-award-winning $300 million superyacht.
• "Kaos" was built by Oceanco, the same company that built Jeff Bezos' $500 million megayacht.
• The 361-foot yacht was recently spotted by a TikToker in Miami, Florida.

A superyacht owned by Walmart heiress Nancy Walton Laurie attracted attention recently after being spotted in Miami, Florida.

A TikToker posted a video of "Kaos," Walton Laurie's 361-foot luxury yacht, as it was moored outside her "front door."

"Oh wow, this thing is huge," Bridget Brick says in the video, adding that the yacht "looks like a small city."

@bridgetbrix Never a dull day in Miami, as another, mega yacht pulls up outside my front door. Did you know it’s easy to look up any information about a yacht? I learned this while in Portofino, and from this little search, you can tell who owns yachts & who rents them. 🙊 # #miami # #miamilife # #yacht # #yachts ♬ original sound - Bridget Brick

Walton Laurie, worth $7.5 billion according to Bloomberg Billionaires Index , is the youngest daughter of Walmart co-founder James "Bud" Walton. She inherited her father's stake in the company when he died in 1995.

According to Bloomberg , she has a stake of less than 5% in Walmart, with the rest of the family's holding controlled by her sister, Ann Walton Kroenke. 

Walton Laurie is the founder of a New York-based dance group called the Cedar Lake Contemporary Ballet. She also owns a dance studio located in Columbia, Missouri called the Columbia Performing Arts Centre.

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According to Yacht Bible , Kaos has four decks and room for 31 guests as well as 45 crew, with the largest deck boasting a swimming pool and even an aquarium. 

It also has a large cinema, sauna, and full spa facilities, the site says.

Photos shared by the Superyacht Times appear to show other features such as a helipad, a jacuzzi, and storage space for a smaller boat. 

"Kaos" was built in the Netherlands by Oceanco, a custom yacht builder which also constructed Amazon founder Jeff Bezos' $500 million megayacht .

"Kaos" was previously named "Al Menwar" by the House of Thani, the Qatari royal family, per the Yacht Bible.

The yacht was fully refitted in 2020 by Luerssen in Hamburg, Germany, per the Yacht Bible, while the interior was redesigned with help from Reymond Langton Design.

Walton Laurie reportedly also owns another lavish superyacht called "Secret," according to Robb Report .

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Boat of the Week: Inside ‘Secret,’ the Lavish 271-Foot Superyacht Owned by Walmart Heiress Nancy Walton Laurie

Walmart heiress nancy walton laurie's 271-footer has an eclectic interior of black and gold, along with splashes of red, as well as other, well, secrets., julia zaltzman, julia zaltzman's most recent stories.

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It would take the sale of approximately 5.75 million HP ink cartridges to fund the $92 million purchase of superyacht Secret , currently listed for sale with Burgess. The ink cartridges were one of Walmart’s top-selling products in 2021, and might well have contributed to a successful year of yachting for Secret ’s owner, Walmart heiress and philanthropist Nancy Walton Laurie.

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As the largest yacht on display at last month’s MYBA Charter Show in Barcelona, and one of three yachts reportedly owned by Laurie, the 271-foot beauty built by Abeking & Rasmussen in 2013 provides some insight into the family’s tastes and preferences.

The main salon’s bold color scheme by interior designer Jim Harris mixes pillar-box red sofas and carpets with ornate gold wall art. It’s a brave step change from the neutral beige and gray tones often selected by owners, typically with resale value in mind.

Courtesy Burgess

The designers also moved the formal dining room to the upper deck, leaving a large entertaining space to watch sports and socialize. A monochrome marble bar with a glass backdrop, views to the main deck aft and an onboard mixologist all help to set the tone. When it comes onboard socializing, Secret pulls no punches.

Guests arrive via the lower deck beach club or the main deck side entrance, where luggage can be ushered into the color-coded lower deck guest cabins. There are some unusual perks to being a guest aboard Secret . Heated bathroom floors feature across all guest suites, while guest mattresses are singles that zip together into doubles for greater flexibility.

The upper-deck, full-beam master suite, named Chanel to reflect the black-and-champagne silk color scheme, is highly personalized. Separate his and her en suites have their own amenities: Hers has a full-sized bath, and his has higher countertops to accommodate former basketball player and owner Bill Laurie’s 6’ 4” height. Both have steam showers. The private office is considerably smaller than the VIP office to accommodate the owner’s request for an oversized walk-in wardrobe.

The most surprising area on board is the “Valentina” main deck VIP guest suite, named after the Valentina-inspired white spiked headboard. The master has sea views and a private terrace, but the full-beam VIP, decorated and claimed by Laurie’s adult daughter when her family is on board, is arguably the superior option. It shares the same footprint as the master but enjoys a greater attention to detail. The ensuite, decorated in black-and-white stripes, has two day heads—one with bidet—and a central wet room fitted with a shower and full-sized bathtub.

The monochrome décor is echoed throughout the yacht, from the upper-deck sky lounge to the guest hallways. In the 12-person cinema, red Porsche leather armchairs are mirrored in the leather ceiling panels. The dedicated treatment room enjoys an onboard beautician and masseuse who specializes in hot Swedish massage.

A glass elevator connects the lower deck to the bridge deck, where an indoor glass-fronted gym and outdoor pool are located. For sundown soaks, the sun deck Jacuzzi ticks the box.

The regal salon.  Courtesy Burgess

Last refitted in 2018, the yacht started out life at 256 feet, with an additional 16 feet added to accommodate the owner’s choice of an aft deck dining table. It’s the preferred space to enjoy buffet-style breakfasts, protected from view by high bulwarks. Further al fresco dining for 14 people is available on the lower deck beach club, where a “dining under the stars” themed evening sees guests enjoy meals at the water’s edge beneath a blanket of twinkling LEDs and real constellations above.

For families and guests with a competitive spirit, the beach club, equipped with changing rooms and rain showers, is the center of watersports action. A serious collection of toys, including kneeboards, flyboards, trampolines and towables are matched by an inflatable assault course erected by the crew for “Sports Olympics.” The addition of a female water-sports instructor has proven popular with charter guests.  When the weather’s bad, the karaoke system comes to the rescue.

The main dining area was moved to the upper deck for a view and access to the outdoors.  Courtesy Burgess

It’s no secret that smaller yachts in the 190-foot size range are proving more popular on the global charter market at present, preferred for their ability to access smaller ports and anchor close to shore. But Secret pulls out all the stops for guests looking to enjoy time aboard a yacht maxed out with amenities and personality, provided in a covert setting. All in all, definitely worth the printer cartridges.

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KAOS Yacht – Extravagant $300M Superyacht

KAOS yacht (formerly JUBILEE and AL MENWAR) is an award-winning superyacht that was recently refitted with a completely redesigned interior.

At 110 metres (361ft) and 4,523 tons, she was the largest yacht ever built in the Netherlands at the time of her launch in 2017.

The vessel was recently spotted off the coast of southern Spain before dropping anchor in the beach town of Marbella.

Kaos yacht interior

The interior of the motor yacht was originally designed by Sam Sorgiovanni who is originally from Australia and aims to unite practicality with beauty through his unique designs.

The vessel was made completely wheelchair accessible including elevators and barrier-free access to all decks. 

The process took a year and with the help of the British designer Reymond Langton, the interior was transformed.

KAOS has room for 31 guests in 16 cabins. This includes a lavish owner’s suite which consists of two separate bedrooms.

There are also four VIP suites and ten standard suites with ensuite bathrooms. All guest cabins are located on the upper deck. 

45 staff distributed across 24 cabins find space on the lower levels of the vessel. Only the cabins for the captain and first officer are located on the bridge deck.

The KAOS yacht was designed with maximum comfort in mind. Her interior includes lavish facilities such as a spacious elevator, a steam room, a full gym, as well as an indoor beach club.

Originally she was constructed with Middle Eastern design in mind which includes features such as a large majelis, which is a dedicated seating and entertainment area meant for hosting guests.

The KAOS yacht also has a large cinema, a sauna, and full spa facilities. Below the deck, there is a separate crew gym and a small hospital in case of medical emergencies.

The interior design can be described as lavish and luxurious. White and blue carpeted floors with intricate designs compliment the exterior of the vessel and its signature aqua color.

Golden accents and cream upholstery go well with the wooden elements such as the teak flooring.

Opulent furnishing with many indirect lighting accents creates a feeling of coziness and luxury. 

Specifications

At the time of her launch in 2017, the KAOS yacht was the largest yacht ever built by the custom yacht builder Oceano as well as the largest yacht built in the Netherlands.

At a length of 110 meters (361ft), a beam of 16.4 meters (53 ft), and a maximum draft of 4.4 meters (14.5 ft), she is currently ranked as the 39th largest motor yacht in the world, together with motor yachts ANNA, RADIANT and AL RAYA who measure the same length.

She displaces 4,523 tons and is known for her unusual design, which is very sleek and minimalist.

KAOS can reach speeds of up to 19 knots with an average speed of 15 knots which is not the fastest in her weight category but still impressive for her large size.

As expected from Oceano, she was constructed primarily from aluminum and steel and has a fuel capacity of 391,000 liters as well as a 230,000-litre freshwater tank. She is powered by impressive MTU engines fuelling two propellers.

The KAOS yacht can host 31 guests in 16 cabins as well as 45 crew in 24 cabins. Her maximum range is estimated to be somewhere around 5,000 nautical miles.

The KAOS yacht is an exceptionally beautiful yacht that was built prioritizing modern and minimalist design.

Lobanov Design is responsible for her eye-catching exterior, which focuses on futuristic elements combined with optical illusions. 

Established in 2007, this design studio is known to be young, offering unique perspectives and modern approaches.

She was built with curved lines in mind incorporating elements of glass and metal in a nautical context.

Her all-around glass fronts create an optical illusion letting the yacht appear to have several more decks than she actually has. 

The so-called trompe l’oeil effect lets KAOS appear sleek and elongated, setting her apart from traditional yacht design. Her designer Lobanov describes the modeling process for KAOS.

“The 3D modeling was quite a challenging task, which pleased my mathematical part of the brain. Each of the layers meets and splits under certain rules, which can be noticed from different angles.”

Her exterior is white with light blue accents, which are contrasted by the many darkly tinted windows.

She has four decks, the largest of which is the aft which has a sizable swimming pool with a built-in aquarium and seating areas.

Several smaller decks are located on higher levels, although most of them are hidden in shaded areas. 

Close to the top of the superstructure, a small jacuzzi is situated, allowing guests to enjoy incredible views while relaxing.

At the bow, a helipad is located, including refueling facilities for small to medium-sized helicopter aircraft. Below the helipad, the mooring deck is cleverly concealed for aesthetic purposes. 

At the stern of the vessel, the KAOS yacht has an extendable swimming platform that can be closed completely when the yacht is underway.

This platform leads directly to a lounge area inside the yacht, complete with a state-of-the-art entertainment system, TV, and storage space.

On the starboard side of the aft, there is a separate platform for docking tenders and releasing water toys.

KAOS also possesses a modern underwater lighting system and state-of-the-art stabilizers for the comfort of guests when the vessel is underway or at anchor.

Toys and equipment

The KAOS yacht carries at least two tenders, one of which almost looks like a miniature version of the main vessel with the same blue and white design and tinted windows.

They were built by Pascoe International , a renowned company specializing in tenders for superyachts. 

She carries a wide array of water toys, including several jet skis, water bobs, and paddleboards.

Previous names

Originally the KAOS yacht was built in the Netherlands by Oceano under the name SECRET III. Upon her launch, she was officially named JUBILEE and then renamed AL MENWAR by the royal family of Qatar, the House of Thani. 

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Billionaire Walmart Heiress’s Yacht Vandalized by Climate Activists

Nancy Walton Laurie’s $300 million  Kaos  superyacht was sprayed with paint by members of Futuro Vegetal.

Two climate activists vandalized a superyacht reportedly belonging to Nancy Walton Laurie in Ibiza on July 16, blasting the stern with red and black paint.

The pair defaced the yacht, which is estimated to be worth $300 million, with fire extinguishers and after held up a sign that read “You consume, others suffer.” They are part of Futuro Vegetal, a Spanish environmental group that aims to fight climate change. The ship is called Kaos and is part of the Walmart heiress’s $7.8 billion dollar estate. She ranks 305 on the Bloomberg Billionaire Index .

Walmart heiress and billionaire businesswoman Nancy Walton Laurie’s $300 million megayacht is as silent as a stealth warship. Purchased from the Qatar royal family, the 361 feet long mammoth vessel is so grand that it has the most marble and stone ever installed on a yacht

Kaos, a beautiful chaos of changing owners, unchanged elegance, and timeless opulence- The Oceanco beauty is a $300 million floating mansion with a robust volume of 4,523 GT. A recognizable exterior design by Lobanov Design and interior design by Sam Sorgiovanni Designs P/L contributed to making Kaos, the king of the yachting world and truly fit for a king. Intriguingly, the superstructure features an impressive metallic blue superstructure along with many decks, most of which are fake.

Nancy Walton Laurie is also involved in various philanthropic causes. She and her husband have donated millions to support education, the arts, and medical research, among other causes. They have also established the Laurie-Walton Family Basketball Center at the University of Arkansas, which houses the university’s basketball programs.

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Climate Activists Deface Walmart Heiress’ $300M Superyacht

They used fire extinguishers to drench the stern in paint.

Erik Uebelacker

Twitter/@FuturoVegetal

A group of climate activists vandalized the $300 million superyacht of Walmart heiress Nancy Walton Laurie in Ibiza on Sunday, drenching the craft’s stern in black and red paint shot from fire extinguishers.

Two demonstrators—from the Spain-based Futuro Vegetal environmental group—then displayed a sign that read “You Consume Others Suffer,” which they proudly posted to their Twitter account.

Police said that those two demonstrators have been arrested.

“The only reason we continue to maintain an economic system that leads us to eco-social collapse is to sustain the privileges of this small privileged class,” Futuro Vegetal said of the stunt in an Instagram pos t. “The mega-rich live off the suffering of others.”

The group performed a similar act just two days prior, soaking a private jet in yellow and black paint before donning a sign with a similar message.

Laurie, their latest target, inherited a stake in Walmart in 1995 from her father Bud Walton, who built the brand into retail royalty alongside his brother. She is reportedly worth more than $8 billion, making her one of the richest 300 people in the world, according to Forbes .

Her yacht, named Kaos, is a whopping 361 feet long, features four decks, and has room for 31 guests and a 45-person crew.

The boat’s amenities include an on-board aquarium , full spa facilities, and a large cinema. There’s even a separate gym for the ship’s crew and a small hospital for at-sea medical crises.

Laurie did not respond to The Daily Beast’s requests for comment.

Got a tip? Send it to The Daily Beast  here .

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Walmart billionaire's £300million superyacht spotted in a very unlikely location

The luxurious $302 million (£240 million) superyacht Kaos, owned by Nancy Walton Laurie, heiress to the Walmart empire, has been spotted in Cornwall, boasting impressive features

• 23:02, 10 Jun 2023 Updated 14:38, 11 Jun 2023

A luxurious superyacht owned by an heiress to the Walmart empire has sailed from Miami and ended up in a very unlikely location.

The superyacht, named Kaos, owned by Nancy Walton Laurie, one of the wealthiest women in the world and heiress to the Walmart empire, has been seen off the coast of Cornwall , England.

The yacht, which is the 55th largest in the world, was recently in London before making its way to Falmouth.

It is valued at over $302million (£240million) and was built by Oceanco in 2017, the same company responsible for Amazon owner Jeff Bezos's superyacht.

With a length of 110 meters and a weight of 4,523 tons, Kaos was the largest yacht ever built in the Netherlands at the time of its launch in 2017.

Kaos has impressive features, including 16 cabins, a gym, a steam room, an indoor beach club, a cinema, a sauna, and a spa.

It also has amenities such as a swimming pool, aquarium, and helipad.

The yacht's interiors are known for their lavishness, featuring marble and stone elements, custom silk carpets, and high-end materials.

Nancy Walton Laurie inherited a stake in Walmart from her father, Bud Walton.

She, along with her sister Ann Walton Kroenke, became billionaires after receiving Walmart stock when their father passed away in 1995.

In addition to their Walmart holdings, Nancy and her husband Bill own commercial real estate, multiple homes, and two yachts.

They have also made philanthropic contributions, including a $10million donation to the University of Memphis in 2013, which is their alma mater, according to Forbes .

Nancy developed an interest in dance when her daughter was a teenager and served on the board of trustees at Juilliard.

She and her siblings have consistently been listed as some of the wealthiest individuals on the Forbes 400 list.

The Kaos yacht, previously known as Jubilee and Al Menwar, is an award-winning superyacht that recently underwent a complete interior redesign.

The interior, originally designed by Sam Sorgiovanni, was made wheelchair accessible during the refit.

The yacht can accommodate 31 guests in 16 cabins, including a luxurious owner's suite.

Yacht Bible reports that Kaos has a sleek and minimalist design, incorporating curved lines, glass, and metal elements.

The exterior, designed by Lobanov Design, creates optical illusions with its glass fronts and features a swimming pool, jacuzzi, helipad, and extendable swimming platform.

The yacht is equipped with modern lighting and stabilizers and carries tenders and various water toys.

Originally built for the former Emir of Qatar , the yacht was later sold to Nancy Walton Laurie, who renamed it Kaos and had it refitted in 2020.

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Climate activists blast paint on walmart heiress’ $300 million yacht in ibiza.

A group of climate change activists trashed a $300 million superyacht owned by billionaire Walmart heiress Nancy Walton Laurie on the Spanish island of Ibiza by blasting it with paint.

The Futuro Vegetal group, which translates to Future Vegetable, said on Twitter that two members used fire extinguishers filled with red and black paint to deface the “Kaos” superyacht Sunday morning.

Futuro Vegetal also uploaded pictures of two members standing in front of the luxury yacht with signs that read “You Consume Others Suffer.”

“The only reason we continue to maintain an economic system that leads us to eco-social collapse is to sustain the privileges of this small privileged class,” the group said in a statement about the vandalism. “The mega-rich live off the suffering of others.”

The Spanish Civil Guard said two people were arrested at the docks this morning over the incident, local Periodico de Ibiza reports.

Sources told the Spanish newspaper that the yacht was actually scheduled to leave Ibiza on Sunday, with the spraypainting taking place just as the crew was preparing to depart.

The Futuro Vegetal group said they specifically targeted Laurie’s yacht as she is one of the wealthiest women in the world, with Bloomberg’s Billionaire Index pinging her net worth at $7.77 billion.

Laurie’s yacht made headlines in May with a series of features about the impressive 361-foot ship, which sports its own swimming pool, aquarium and helipad.

The superyacht also holds its own cinema, spa facilities, gym and even a small hospital for medical emergencies at sea.

The vandalism came following a call from the Extinction Rebellion Ibiza group, an activist organization demanding the ban of private jets and luxury yachts over emission concerns .

The group called on a campaign to specifically target such jets and yachts in Ibiza, with a private jet spray painted in a similar fashion by activists last week at Ibiza’s airport.

Futuro Vegetal said they were proud to have joined the campaign in Ibiza in order to raise awareness for their cause. The group touts itself as a civil disobedience and direct action group fighting against climate change .

Representatives for Laurie did not immediately respond to The Post’s request for comment.

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Inside Walmart heiress Nancy Walton Laurie’s £240million superyacht with helipad and gold art as it docks in UK

• Sarah Hooper
• Published : 14:58, 24 May 2023
• Updated : 14:59, 24 May 2023
• Published : Invalid Date,

A MULTI-MILLION pound superyacht has been spotted cruising into the Thames yesterday as its owner prepares to dock it in London.

Superyacht Kaos, belonging to Walmart heiress Nancy Walton Laurie, is worth £241million, and boasts a jaw dropping interior.

The vessel was seen sailing near Sheerness this morning as stunned passer-bys filmed the mammoth ship.

The yacht was built in 2017 by Oceanco, the same company which made Jeff Bezos £400million super yacht.

Photos of the yacht reveal a stunning interior, fit with a full swimming pool, dining area and room for a smaller boat.

The lounge area has gold ceilings, with dark wood features and marble bathrooms.

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The 360foot long vessel has a helipad as well as a large circle marble dining table, and custom-made banisters.

It also has a full aquarium, cinema and spa facilities.

Multiple decks allow plenty of room for sunbathing on the white plush couches and chairs.

The top deck even has a jacuzzi for those onboard to relax in.

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Laurie previously owned another superyacht called Secret, and was worth

At 271feet, it's smaller than its sister ship Kaos, but equally as stunning.

The gold wall art is a far cry from the muted tones of Kaos, but fits the luxury of Laurie's lifestyle.

Heated bathroom floors are a standard on the yacht, and the master has two en suite bathrooms.

The boat also has a glass elevator, 12-person cinema , and onboard massage parlor.

It even has a bar inside called "The London bar", featuring smoke machines, a DJ booth and water wall chandelier.

Coincidentally, Laurie's superyacht Kaos is estimated to dock in the city of London later this afternoon.

Laurie is the youngest daughter of Bud Walton, who's brother Sam began what would become the world's largest retail store.

The first-ever  Walmart  store opened in July 1962 in  Arkansas , and the heirs own around 50 percent of the stock collectively.

Also that year, the Walton family took a huge financial hit after Walmart's share price plummeted by 10 percent in 2022.

The fall in shares due to the company's sale of its operations in the UK and  Japan  and a cut in profit expectations, saw the heirs lose over $27billion.

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Its founder and his wife Helen Walton had four  children  - Rob, John, Jim, and Alice.

John passed away in 2005 in a plane crash but the three surviving siblings have been consistently listed in the top 20 of the  Forbes 400  list since 2001.

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To be represented by Premium Yachts, Ferretti Yachts and Riva , two prestigious brands of the Ferretti Group, will be present at the Moscow International Boat Show 2013, displaying motor yacht Ferretti 530 as well as Riva Iseo yacht tender.

Luxury motor yacht Ferretti 530

Luxury yacht Ferretti 530 was very keen to undertake in collaboration once again with AYT – Advanced Yacht Technology, Ferretti Group Engineering Division and Studio Zuccon International Project . The compact dimensions, 16 meters long and almost 5 meters wide, allow the 530 yacht to deliver grand Italian luxury and cruising immersed in such comfort until now unheard of in a yacht of this size.

Ferretti 530 yacht boasts three revolutionary innovations: the full beam master cabin with chaise longue and two large open view windows that make it a real suite at sea level bathed in light, tones and the natural essences of teak. Moving the galley from the center to the aft section creates a unique open space that includes the saloon, galley, cocktail bar and the dining area, the cockpit area continues thanks to the tilting window. The roll bar free sky lounge and the spoiler allow the 530 a sporty appearance combined with elegantly formal lines.

Ferretti 530 Yacht - Interior

Riva , the iconic Ferretti Group brand, presented a new model at the historical Lake d’Iseo shipyards in July 2011. Featuring elegance and ease of transportation as its distinctive characteristics, Iseo superyacht tender , a 27 foot runabout, is destined to become a must-have for those who love cruising on both lakes and the sea, and, most importantly, design enthusiasts. It is also perfect for anyone wishing to enhance their yacht with an exclusive tender that will never go unnoticed.

Riva Iseo superyacht tender

Due to its ease of manoeuvrability and size, Iseo yacht tender is also ideal as a tender for large yachts. Innovative and elegant, it can also guarantee comfort in bad weather conditions. Besides the electrohydraulic bimini top, it was also designed with a waterproof, automobile-style soft top which protects those on board against water and the wind during cruising.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Ferretti Yachts and Riva to attend Moscow Boat Show 2013".

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Ferretti Yachts

Ferretti Group announces its presence at Moscow Boat Show 2013

Ferretti Group attending Hong Kong Gold Coast Boat Show 2014

Ferretti Group Days 2013 to be marked by premiere of Ferretti 960 Yacht

Ferretti Group to deliver first Ferretti 960 superyacht and Riva 86 Domino yacht to Hong Kong by mid-December

Abeking & Rasmussen’s 41-meter superyacht NURJA relaunched after refit

Aegean Yachts unveil 26m explorer yacht HEKATE

Late summer special offer on board 72m superyacht ARBEMA in the Western Mediterranean

The International SeaKeepers Society will host its 2024 annual Founders Event in October

OCEA delivers 33m motor yacht ARAOK II to her new owner

39m sailing yacht LINNEA AURORA launched by SES Yachts

A luxury charter yacht is the perfect way to encounter New England’s fall foliage display

A first look at 55m superyacht PROJECT AGNETHA from Heesen Yachts

Charter yachts offering citizen science opportunities around the world

44m superyacht ORION ONE reaches a construction milestone

44m charter yacht JEMS offers 9 days for the price of 7 in August in Italy

37m luxury explorer yacht OCULUS brand new to the charter market on both sides of the Atlantic

Mike Lynch death: Tributes flow for Autonomy cofounder and ‘creator of dreams’

It has now been confirmed that Mike Lynch, one of the most prominent and controversial figures in the U.K. tech scene, died in the sinking of his superyacht off Sicily on Monday. At least five others also died when the vessel capsized in a violent storm; Lynch’s teenage daughter Hannah remains missing.

I encourage you to read my colleague Ryan Hogg’s obituary of Lynch , who I was writing about just a couple weeks ago in the context of his legal travails. Following a lengthy extradition drama, Lynch, 59, was acquitted in June of criminal fraud charges relating to the sale of his data software firm Autonomy to Hewlett-Packard in 2011. Indeed, his fateful trip with family, friends and lawyers was reportedly a celebration of that victory.

Morgan Stanley International chair Jonathan Bloomer, who had chaired Autonomy’s audit committee during the HP sale, and who testified in Lynch’s defense, also died in the sinking of the Bayesian. In a grotesque coincidence, Lynch’s also-acquitted codefendant in the U.S. trial, former Autonomy finance VP Stephen Chamberlain, was fatally struck by a car while jogging in England on Saturday.

Although he was acquitted in the U.S., a U.K. civil case over Autonomy’s misrepresentation of its financials to HP resulted in a ruling that Lynch had known what was going on. As a result, Hewlett Packard Enterprise (which has been handling the case since it was spun out of HP in 2015) had been hoping to recoup billions of dollars from Lynch and former Autonomy CFO Sushovan Hussain, who received a five-year sentence in the U.S. over the affair.

“We’re saddened by this tragic event and our thoughts are with the families and friends of all those who lost their lives,” said an HPE spokesman, while declining to comment on the future of the legal proceedings.

Friends say Lynch had been at the “beginning of a new life” following his U.S. acquittal, and many tributes followed the confirmation of his passing.

“The world has lost a genius. His family have lost a giant of a man,” said Autonomy cofounder David Tabizel.

“Mike Lynch should be remembered as the person who catalyzed a breed of deep tech entrepreneurs in the U.K.,” said John Browne, the former BP CEO and the chair of the Francis Crick Institute, a biomedical research center for which Lynch once helped to raise funds. “His ideas and his personal vision were a powerful contribution to science and technology in both Britain and globally. I send my condolences to those close to him. We have lost a human being of great ability.”

David Yelland, the former editor of The Sun and Lynch’s public relations advisor, said Lynch was “failed in life by his country and his peers when he needed them most—as he looked for help in the unjust U.S. demand that he be extradited—and he has then suffered the most unfair and brutal of fates.”

“I was in touch with Mike just before he sailed,” Yelland wrote on X . “He wasn’t a mere dreamer of dreams, he was a creator of dreams not just for himself but for all those that knew him, worked with him or invested with him.”

Lynch was a fellow of the Royal Academy of Engineering, the board of which said it was “deeply saddened” to hear of his death. A spokesperson from industry body TechUK told the Evening Standard that Lynch had been “a hugely significant and pioneering figure in the U.K. technology sector.”

More news below. And do read my colleague Eleanor Pringle’s piece on X’s true owners , whose identities have just been revealed in the context of a lawsuit by former employees. Bill Ackman is no surprise, but the same can’t be said for Diddy.

David Meyer

Want to send thoughts or suggestions to Data Sheet? Drop a line  here .

Walmart sells JD.com stake. Walmart has sold its entire $3.7 billion stake in the Chinese e-commerce giant JD.com and says it will focus on its own Chinese operations now. As Reuters reports , the move may have something to do with how the ultra-competitive nature of Chinese e-commerce squeezes profit margins. Walmart has in recent years been pulling out of a few international markets where it can’t turn a decent profit.

Head-to-head spectacle. The second half of next month will see the unveiling of not one but two big plays in the augmented reality glasses space, The Verge reports . Snap will apparently show off the fifth generation of its Spectacles on Sept. 17, with Mark Zuckerberg revealing Meta’s entry into the AR specs business the following week. Meta’s effort is code-named Orion.

Google targeting teens. Not long after the Financial Times reported that Google broke its own rules by letting Meta target teens with its YouTube ads, Adweek reports that this was no one-off. Citing three ad buyers, plus written documentation, the publication says Google’s salespeople have been advising ad buyers on how to reach teenagers despite the fact that Google doesn’t allow targeting that age group. The key, it seems, is to target the cohort of “unknown” users, about whom Google doesn’t know age or other details, as teens are probably included in the group. Google says it will remind its reps not to help agencies and advertisers skirt the company’s rules.

SIGNIFICANT FIGURES

—The estimated number of trees felled to make space for Tesla’s gigafactory outside Berlin. That’s according to environmental intelligence company Kayrros; many environmental campaigners oppose the plant.

IN CASE YOU MISSED IT

Russian users get locked out of Telegram and WhatsApp as Moscow intensifies internet censorship , by AFP

Another Tesla veteran resigned, writing it was ‘definitely not for the faint of heart’ , by Amanda Gerut

Tech CEO swears off Silicon Valley’s latest craze: ‘I really f—– hate generative AI’ , by Chloe Berger

Andreessen Horowitz leads $80 million bet on startup seeking to tame AI with copyright , by Jeff John Roberts

Taxpayers and tech companies will help fund journalism and AI research in landmark California deal , by the Associated Press

BEFORE YOU GO

Plans laid for new streamer. There’s reportedly going to be a new streaming service in town, coming from…Chick-fil-A? According to Deadline , the fast-food company has been talking to big production companies about the creation of original, family-friendly content, with a tilt towards reality TV. The publication notes that Chick-fil-A has made content for its own website before, but this would be something else—and it could be a boon for the ailing reality TV sector.

Latest in Newsletters

After Pavel Durov’s arrest in France, don’t hold your breath for that Telegram IPO

Men are seen as creative geniuses—but women come up with creative ideas that actually solve problems, according to a new study

More than 40% of full-time U.S. employees aren’t making a living wage

Mike Lynch leaves a complex, still-unfolding legacy

The CFO of Mike Lynch’s tech startup Autonomy went to prison. It’s a cautionary tale

Xerox’s CEO says taking a pay cut and a lower title helped him reach the corner office

Most popular.

China fast-fashion retailer Temu soared like a rocket for two years—in just a few hours, its parent company lost more than $50 billion in market value

Sinking of a superyacht adds to questions billionaire Mike Lynch wanted to put behind him

Why this year’s Medicare Annual Notice of Change will be vital reading for beneficiaries

Australia gives workers the right to ignore their bosses outside of work hours—but employers call the rule ‘rushed’ and ‘deeply confusing’

Harris campaign raises less money at last week’s Democratic convention than Trump did at RNC

After postage price hikes and $87 billion in losses, critics of the USPS leader say latest gambit could lead to death spiral

Daily Briefing: A leisurely cruise ends deep under water

At this point, the chance of survivors looks unlikely after a luxurious super yacht sank off the coast of Sicily. Minnesota Gov. Tim Walz is expected to accept the Democratic vice presidential nomination on Wednesday. Americans are getting sick with COVID-19, but booster vaccines are hard to find.

🙋🏼‍♀️ I'm Nicole Fallert , Daily Briefing author. TikTok has unveiled the songs of the summer . 

A perfect storm led to yacht sinking, experts say

Experts are piecing together why in the early hours of Monday the Bayesian yacht was quickly pulled under the waves amid a storm that saw at least one tornado spin up over the water. The event left the vessel's cook dead and six of its passengers, including at least two Americans, missing, prompting a massive search that has drawn international attention. The combination of unlikely factors that could have contributed to the ship's fate constituted a "black swan event," experts told USA TODAY. Read more

'A Fight for our Freedoms'

The third day of the 2024 Democratic National Convention begins Wednesday in Chicago with Democrats focusing on "a fight for our freedoms" as the day's theme. A packed schedule at the United Center features meetings of the Black, LGBTQ, Hispanic and AAPI caucuses, among others, and Minnesota Gov. Tim Walz officially accepting the vice presidential nomination.

In case you missed last night: Former President Barack Obama and former first lady Michelle Obama called on Democrats across the country to get involved in the 2024 race.

• "I'm feeling fired up!" : In his speech, Barack Obama praised Harris' record and her economic agenda aimed at lowering costs for the middle class.
• The job Trump wants might just be a "Black job" : Michelle Obama had the harshest words for the former president.
• Protests outside the United Center are likely to continue Wednesday after dozens of demonstrators were arrested outside the Israeli consulate in Chicago on Tuesday night.

Click here for Wednesday's full DNC schedule and access to USA TODAY's livestream. Read more from USA TODAY's journalists on the ground in Chicago:

• Here's how the DNC honors each state with unique songs .
• Which state has the best DNC swag ?
• Harris needs two-thirds of Latino voters in her corner to win .
• Is Harris the ally LGBTQ voters need ?
• An ex-Trump insider went after her former boss in a DNC speech .
• Michelle Obama's DNC outfit has internet buzzing .

More news to know on Wednesday

• Israel's Netanyahu says a cease-fire deal may not happen .
• Officials missed chances to avert a Lewiston, Maine, mass shooting .
• Young adults are major targets for back-to-school scams .
• After hundreds of LGBTQ+ books tossed, a library dean at a Florida college was placed on leave .
• Take a game break. Our expert Sally has the crossword answers .

What's the weather today?  Check your local forecast here .

Sweating as you read this?

You're not alone. A heat dome blanketing the southwest and Texas has caused widespread hazardous conditions for tens of millions of Americans as forecasters predicted record highs in the regions. More than 23 million Americans were under some level of heat advisory or warning early Wednesday, officials said. In Texas, scorching temperatures are pushing the state's electric grid as power demand hit a record high. Drink water and stay inside, if possible .

COVID boosters are hard to find right now

Supplies of the current COVID-19 vaccine are spotty as pharmacies await the updated vaccines that target more recent variants. The good news is that the Food and Drug Administration could soon approve the updated vaccines, which would be shipped to chain pharmacies in the weeks following such an announcement. Read more

Keep scrolling

• How is it possible for a surgeon to lose part of a patient's skull ?
• Taylor Swift can " Do It With A Broken Heart. "
• Beyoncé launched a new whiskey .
• "It Ends With Us" star Brandon Sklenar defended Blake Lively .
• Alex Cooper's "Call Her Daddy" podcast is headed to SiriusXM .

Usher bared all as he launches his Past Present Future tour in an exclusive series of conversations with USA TODAY.

Don't cry — but 'bennifer' is over.

The "Bennifer" love story that first blossomed more than two decades ago has come to an end. On Tuesday, Jennifer Lopez, 55, filed to divorce Ben Affleck, 52, in Los Angeles Superior Court, according to court filings obtained by USA TODAY. Tuesday marked the second anniversary of the estranged couple's Georgia wedding ceremony.  Read more

Photo of the day: A billionaire and 3 astronauts launch into space

Four non-government astronauts are about to embark on what could become a defining mission to the upper reaches of Earth's orbit when Polaris Dawn potentially launches within a week .

Nicole Fallert is a newsletter writer at USA TODAY, sign up for the email here . Want to send Nicole a note? Shoot her an email at [email protected] .