Italian owner on-board disaster yacht in Nice

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The owner of the 40-metre yacht that caught fire in spectacular fashion off Nice last Thursday has been revealed as Italian industrial tycoon, Diana Bracco.

The yacht caught fire and sank before the eyes of stunned tourists six kilometres from Nice-Côte d’Azur Airport and the Promenade des Anglais. Ms Bracco was reportedly on-board “If Only” at the time. She was rescued along with 10 other passengers, while one was taken to hospital in nearby Antibes.

The fire took hold early on Thursday afternoon and the yacht finally sank at around 10 pm at night.

Born in Milan, Diana Bracco is President and CEO of the Bracco Group, a healthcare multinational and world leader in imaging diagnostics with a consolidated turnover of over €1.3 billion, 3,400 employees and a portfolio of over 1800 patents, according to the company.

She is also the former vice-president of Confindustria, the largest organisation representing manufacturing companies in Italy. She was Commissioner General of Section for the Italian Pavilion at the Expo Milan 2015.


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