Britain's 'Bill Gates' missing: Mike Lynch who is often referred as the Britain's Bill Gates and is one of the UK's most prominent tech entrepreneurs has been reported missing. The incident came into light after his luxury superyacht sank off the coast of Italy on Monday, August 19. The 59-year-old tech tycoon’s disappearance has sparked widespread speculation, particularly since it occurred just hours after his former colleague, Stephen Chamberlain, died in a separate tragic incident.

Lynch, who built Britain’s largest software company, Autonomy, and then spent years defending himself against fraud allegations, was last seen aboard his superyacht, the Bayesian. The vessel, which was carrying 22 people, capsized after being struck by a waterspout near the Italian island of Sicily. While 15 people were rescued, one person was found dead, and six others, including Lynch, remain missing.

The news of Lynch's disappearance comes shortly after Chamberlain, his co-defendant in a high-profile U.S. fraud trial, was killed in what many are calling a "freak accident.

" Chamberlain, who was the former Vice President of Finance at Autonomy, was struck by a car while jogging on Saturday, just hours before Lynch's yacht went down. He was 52 years old. The proximity of these two tragic events has fueled conspiracy theories on social media, with many finding it difficult to believe that both incidents could be mere coincidences.

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