British tech billionaire Mike Lynch confirmed dead after yacht sinking


British tech entrepreneur Mike Lynch, 59, died after days of search and rescue efforts. many news agencies are reporting. The 183-foot superyacht, Bayesian, capsized off the coast of Sicily during a severe storm at around 5am local time on Monday morning. Lynch was one of 22 people on board, including passengers and crew, 15 of whom were rescued and one body found shortly after the events. Five more bodies were found, including Lynch’s. At this point, her daughter is the only person still missing. Reuters reportsreports citing sources close to the rescue operation.

Lynch co-founded tech companies Autonomy and Darktrace and founded venture capital firm Invoke Capital. After $11 billion Sale of Autonomy to Hewlett-PackardLynch has been embroiled in legal battles over the past decade over claims of sales hype and deception. HP. A San Francisco jury acquitted him of all 15 counts of fraud in June.

The purpose of the yacht excursion was to celebrate Lynch’s latest victory, with family, friends and co-workers joining him. Other members of the dead included Neda, the yacht’s chef, and Clifford Chance lawyer Chris Morvillo, who represented Lynch and Judy, and Jonathan Blumer, non-executive chairman of Morgan Stanley International. Lynch’s wife, Angela Bacares, escaped the rubble and is safe.

Lynch’s co-defendant, Stephen Chamberlain, 52, also faced tragedy this week. The BBC reports he died of his injuries on Saturday, August 17, when he was hit by a car while jogging in Cambridgeshire, England.



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