Following the sinking of a superyacht near Sicily, British IT entrepreneur Mike Lynch was reported missing
Mike Lynch, a British IT entrepreneur, has gone missing following the superyacht’s sinking off the coast of Sicily.
According to many media accounts, the superyacht, named the Bayesian, sank while anchored off the coast of Porticello, a tiny fishing hamlet in the Italian province of Palermo, at approximately five in the morning local time.
It is alleged that an unforeseen severe storm attacked the vessel.
Six more people were reported missing and at least one guy has perished, while 15 people—including a 1-year-old baby—have been rescued.
The boat “suddenly sank” most likely “due to the terrible weather conditions,” the City Council of Bagheria reported.
Lynch, 59, is the creator of Autonomy, an enterprise software company. When the American IT firm Hewlett Packard accused him of inflating Autonomy’s worth in a $11 billion sale, he found himself the focus of a drawn-out court struggle.
After a year after purchase, HP had to write down the value of Autonomy by $8.8 billion.