Body of British tech billionaire Mike Lynch recovered off the coast of Sicily
The body of billionaire tech mogul Mike Lynch was recovered off the coast of Sicily, the Italian Coast Guard announced on Thursday. Lynch’s 184-foot superyacht, the Bayesian, sunk on August 19th, reportedly after being hit by a tornado over the water, called a waterspout. The yacht sank quickly, according to reports, even though its manufacturer claimed it was unsinkable.
Lynch was on the yacht with family and friends celebrating his acquittal on fraud charges in June. HP, which bought Lynch’s company, Autonomy, for $11 billion in 2011, had alleged “accounting improprieties” that misrepresented Autonomy’s value. In an interview with the BBC — the only broadcast interview before the yacht sank — Lynch said his wealth helped him deal with...