Lynch, who spent months earlier this year standing trial in San Francisco, was on a luxury yacht that sank during a sudden thunderstorm off the coast of Sicily.
August 19, 2024 at 02:06 PM
2 minute read
The original version of this story was published on Corporate Counsel
British tech entrepreneur Mike Lynch is lost at sea after a luxury yacht sank during a sudden thunderstorm off the coast of Sicily.
Lynch, 59, is among six people who are missing. His wife, Angela Bacares, is one of 15 who were rescued. News reports say Bacares is the owner of the yacht “Bayesian,” which was carrying a total of 22 people—12 passengers and 10 crew members—when it ran into a bout of bad weather in the early morning hours on Monday.
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A jury in June found Mike Lynch not guilty of defrauding HP, which bought his company for $11 billion but later wrote off nearly the entire purchase price. Photo: Loren Elliott/Bloomberg
