Who is Mike Lynch? The Tech Entrepreneur Among the Missing After Superyacht Sinks

Mike Lynch, a 59-year-old British tech entrepreneur, is among those missing after a tornado caused the luxury superyacht he was aboard to sink off the coast of Sicily, Italy, early Monday.

Lynch, who co-founded Autonomy, a tech company sold to Hewlett-Packard (HP) for $11 billion in 2011, has a reported net worth of around $450 million. The acquisition, one of the largest British tech deals at the time, soon faced controversy. HP wrote down Autonomy’s value by $8.8 billion within a year, leading to a series of legal challenges.

Lynch and former Autonomy finance executive Stephen Chamberlain were accused of inflating Autonomy’s revenue before the sale. However, Lynch was acquitted of 15 charges, including conspiracy and wire fraud, in a San Francisco court in June. Reflecting on the verdict, Lynch noted, “When you hear that answer, you jump universes. If this had gone the wrong way, it would have been the end of life as I have known it in any sense,” he told The Times, a UK newspaper.

Autonomy, established in 1996, rose to become Britain’s largest software company and was listed on the prestigious FTSE 100 index. Lynch earned acclaim from academics and scientists and was invited to provide technological and innovation advice to the British government.

The yacht on which Lynch was traveling, the Bayesian, is connected to his wife, Angela Bacares, who was among the survivors. Maritime records from Equasis indicate that the 56-meter yacht is owned by Revtom Limited, a company registered in the Isle of Man and owned by Bacares.

Fifteen people were rescued from the incident, including one child who was airlifted to a children’s hospital in Palermo. Eight individuals were hospitalized, and the Coast Guard reported that one body was discovered on the yacht’s hull.