His daughter Hannah and Morgan Stanley boss Bloomer among 6 dead. .. Irish-born tech boss Lynch’s ex partner Chamberlain killed on same day in traffic accident
thefreeonline on 22nd Aug 2024 by Telegraph/ HomeNews .. .. (on telegram: t.me/thefreeonline )
Former Autonomy Corp CEO, Mike Lynch won trial over $11BN “Scam” but a Waterspout killed him, and destroyed his £30 million luxury superyacht
British tech entrepreneur Mike Lynch and Morgan Stanley International chairman Jonathan Bloomer have been found dead insidea their superyacht thatsank off the coast of Sicily on Monday, according to media report
The Guardian reported, citing the head of Sicily’s civil protection agency, that Bloomer, Lynch, his 18-year-old daughter Hannah, and lawyer Chris Morvillo are among the six people still unaccounted for as of late Monday.
The yacht they were traveling on, a British-flagged, 56-meter sailboat called the ‘Bayesian’, was carrying a total of 22 people – 12 crew members and ten passengers – at the time of the incident and was anchored off the port of Porticello.
photo of tornado hitting super yacht taken from harbour
BILLIONAIRE LYNCH
Lynch, 59, made his name as the founder and longtime leader of Autonomy, a search engine and software company that helped companies manage information. Hewlett-Packard bought Autonomy for $11 billion in 2011
UK Tech Mogul Lynch Beats HP Fraud Case in Stunning US Loss – Yahoo Finance on 7, 2024(Bloomberg) — In a staggering loss for US prosecutors, a jury found UK tech tycoon Mike Lynch not guilty of all criminal charges that he pulled off Silicon Valley’s biggest-ever fraud scam 13 years ago. In the months leading up to the 11bn deal the sale to HP Autonomy was valued at at $46 billion but a year later it was worth just 2.2bn
According to the Italian Coast Guard, the vessel was hit by a waterspout – a type of tornado that forms over water — in the early hours of Monday morning. So far, one man, understood to be the ship’s chef, has been confirmed dead.
Fifteen people have been rescued, including Lynch’s wife Angela Bacares, who owns the yacht, and a one-year-old girl who was saved by her mother.
Eight of those rescued, including the child, have been transferred to hospitals and are in stable condition, according to The Guardian. Domenico Cipolla, the chief physician at one of the hospitals, told the outlet that most of the survivors had said they worked for Lynch.
“They are deeply traumatized. As time passes, they realize more and more that this morning they lost many friends,” Cipolla said.
The Coast Guard has reported that the missing include British, American and Canadian nationals. New Zealand’s Ministry of Foreign Affairs has also confirmed that two of its nationals were on board the yacht, with one confirmed to have survived..
Lynch, a multimillionaire known for co-founding the software development company Autonomy in 1996, has occasionally been described as the ‘British Bill Gates.’ However, throughout most of the past decade, the 59-year-old has been caught up in court battles over fraud allegations related to the sale of his firm to US tech company Hewlett-Packard. In June, he was acquitted by a jury in San Francisco after spending more than a year living under house arrest.
Coincidently, mere hours after news of the accident in Sicily, it was reported that Lynch’s co-defendant in the trial and former vice president of finance at Autonomy, Stephen Chamberlain, was killed after being fatally struck by a car while jogging in the county of Cambridgeshire, UK, on Saturday.
The Free 