jeffwThe Titan Submersible Disaster Shocked the World. The Inside Story Is More Disturbing Than Anyone Imagined
boolyVirtually all marine vessels are certified by organizations such as the American Bureau of Shipping, DNV, or Lloyd’s Register, which ensure that they are built using approved materials and methods and carry appropriate safety gear. It has been widely reported that Rush was dismissive of such certification, but what has not been made public until now is that OceanGate pursued certification with DNV (then known as DNV GL) in 2017—until Rush saw the price. “[DNV] informed me that this was not an easy few thousand dollar project as [it] had presented, but would cost around $50,000,” he later wrote in an email to Rob McCallum, a deep-sea explorer who had also signed Kohnen’s letter.
I knew they were being cavalier about safety, but didn’t realize they were penny pinching to this degree.
It’s nice to see a billionaire die because he was a cheap cunt lol, also he took a few other billionaires with him, solid work buddy
The dude in charge wasn’t even a billionaire. He was just some founder whose company wasn’t doing all that well, financially. I think his peak net worth was something like $25 million, and that was mostly in stock in his doomed company. $25 million is nothing to sneeze at, but it’s also not quite enough money to explain the dude’s arrogance.