JAY BLOOM is known for his business acumen as a billionaire investor in Las Vegas.
However, he made headlines in June 2023 when he turned down an invitation to be a part of the missing Titan submarine.
Who is Jay Bloom?
Jay Bloom is a savvy businessman who has invested in several business ventures over the years.
Within his diversified portfolio, he founded the holding company Pegasus Group Holdings, which owns and operates data center ecosystems that use renewable energy.
Jay is also a director of a company called First 100. This company acquires defaulting liens on HOA properties and uses the help of Nevada law to complete foreclosure and become the owner of those properties.
In addition, Jay founded Police Chase Las Vegas, which gives people the opportunity to take part in a simulated police chase.
He also operates a helicopter transport service for elite clients.
Was Jay Bloom invited on the Titan submarine?
In May 2023, OceanGate CEO Stockton Rush tried to convince Jay Bloom to buy him and his son two tickets to the Titan submarine.
But both trips in May 2023 were postponed due to bad weather – and postponed until the doomed dive on June 18.
Tycoon Jay Bloom and his son Sean were offered last-minute tickets to sit on Titan at a discounted price.
However, he expressed concerns to Stockton Rush.
He said: “I raised safety concerns and Stockton told me, ‘While there’s obviously a risk, it’s a lot safer than flying in a helicopter or even scuba diving’.”
“He absolutely believed it was safer than crossing the street.
“I’m sure he really believed what he said. But he was completely wrong. He believed passionately in what he was doing.”
Who replaced Jay Bloom on the sub?
Businessman Shahzada Dawood and his son Suleman, 19, accepted the award for Jay Bloom and his son.
Sadly, the couple tragically died alongside Stockton Rush, British billionaire Hamish Harding and French Navy veteran Paul-Henri Nargeolet.
A deep-sea robotic submarine found five large pieces of debris from the Titan two miles below the surface Thursday after a frantic three-day search for the ship.