Explorer

Mike Lynch Missing: All You Need To Know About 'British Bill Gates' Who Went Missing After Superyacht Sinks Off Sicilian Coast

Lynch's wife, Angela Bacares, was also on board but was among the 15 people rescued from the 56-meter sailing vessel.

Mike Lynch, a renowned tech entrepreneur often referred to as the "British Bill Gates," has gone missing after the superyacht Bayesian sank off the coast of Sicily during a violent storm on Monday. The 59-year-old, who is best known as the founder of Autonomy Corporation, was among the 22 people aboard the yacht, which included two Americans and a Canadian. 

Lynch's wife, Angela Bacares, was also on board but was among the 15 people rescued from the 56-meter sailing vessel. Italian authorities confirmed that one body had been recovered near the wreckage, while six others remain missing, according to Luca Cari, a spokesperson for the Italian fire rescue service.

Who Is Mike Lynch?

Mike Lynch co-founded Autonomy Corporation, a software company that emerged as a leader in the UK tech industry in the mid-1990s.

Lynch's contributions to the field were recognised with an OBE (Order of the British Empire) for services to enterprise in 2006, and he was later appointed to the UK’s science and technology council under Prime Minister David Cameron in 2011.

Lynch was also elected as a fellow of the Royal Academy of Engineering in 2008 and the Royal Society in 2014.

HP Inflation Case

Despite his accolades, Lynch faced legal challenges related to the 2011 sale of Autonomy to Hewlett-Packard for $11.1 billion. He was accused of inflating the company’s value and misleading regulators, leading to charges in 2018.

However, in June of this year, Lynch was cleared of all 15 counts of fraud during a trial in the United States.

What Happened To The Superyacht?

British-flagged yacht Bayesian reportedly sank near Porticello at approximately 5 am following the severe storm. Of the survivors, eight, including a one-year-old child, were taken to local hospitals where they are reported to be in stable condition.

Built in 2008 by the Italian shipyard Perini Navi, the Bayesian was a luxury yacht valued at 35 million euros (£30 million) at its launch. The vessel featured a “Japanese-style” interior and could accommodate up to 12 guests in six suites, alongside ten crew members.

The yacht's design was recognised with the award for best exterior styling at the 2009 World Superyacht Awards.

According to reports, the Bayesian is linked to Mike Lynch's wife, Angela Bacares. Maritime records from Equasis indicate that the yacht is owned by Revtom, a company registered in the Isle of Man, with Bacares listed as the sole legal owner and an address registered in London. 

As search and rescue operations continue, the fate of Mike Lynch and the others missing from the yacht remains uncertain.

About the author Shayak Majumder

Shayak Majumder leads the ABP Live English team. He reviews gadgets, covers everything AI, and is on the lookout for the next big tech trend to cover. He is also building a data-driven AI-aware newsroom. Got tips? Reach out!

Read

Top Headlines

‘If You Misuse Your Visa...': US Embassy Warns B1/B2 Holders- Check Details
‘If You Misuse Your Visa...': US Embassy Warns B1/B2 Holders- Check Details
Turkman Gate Violence: Delhi Police On High Alert Ahead Of Jumma Namaz
Turkman Gate Violence: Delhi Police On High Alert Ahead Of Jumma Namaz
Dipu Chandra Das Murder: Bangladesh Police Arrest Another Suspect, Say He Played Key Role
Dipu Chandra Das Murder: Bangladesh Police Arrest Another Suspect, Say He Played Key Role
Greater Noida Residents Fall Ill After Consuming Contaminated Water: Reports
Greater Noida Residents Fall Ill After Consuming Contaminated Water: Reports

Videos

Breaking News: Maharashtra Politics Shifts: Congress Suspensions Boost BJP Ahead of Local Body Polls
Breaking News: Delhi Police Probe Reveals Social Media Role in Turkmen Gate Violence, YouTuber Salman Under Scanner
Breaking News: PM Modi Shares Pictures of Somnath Visit as ‘Somnath Swabhimaan Parv’ Begins
Breaking News: Inside Story of Turkmen Gate Bulldozer Action Near Faiz-e-Ilahi Mosque in Delhi
Breaking News: India’s GDP Expected to Grow at 7.4% This Fiscal Year, PM Modi Calls It Positive News

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget