businessman who was featured in the headlines after selling his co-owned tech company Autonomy Corporation to Hewlett Packard for $11 billion back in 2011, however, there was a controversy where the buying party accused Autonomy of inflating the price of the company with artificial accounting schemes before the sale. What is Michael Lynch's Net Worth? Lynch denied the allegations and the UK Serious Fraud Office closed the investigation after two years of financial record probing, however, Hewlett-Packard is still trying to hold some shareholders accountable who were involved in the acquisition. More recently, A luxury British yacht sank off the coast of Sicily during a violent storm, leaving one man dead and six people missing, including British tech tycoon Mike Lynch.
The 184-foot superyacht, named Bayesian, was carrying 22 passengers when it went down in the early hours of Monday near Palermo, with four Britons among the missing. 'British Bill Gates' among the missing passengers The yacht, owned by Mr. Lynch's wife, Angela Bacares, was anchored when a sudden waterspout tornado-like phenomenon that forms over water-struck, causing the ship to capsize and sink rapidly.
The storm, which hit the region unexpectedly, left the yacht unable to escape to safer waters. Mr. Lynch, 59, who co-founded Autonomy Corporation and founded Invoke Capital, has been at the center of a high-profile fraud case in recent years.
He was on board the yacht with his wife, who was among the 15 survivo.