Billionaire’s body recovered from the wreckage of a yacht that sank in Italy

The body of businessman Mike Lynch was recovered from the wreckage of the a yacht Bayesian this Thursday (22), according to local authorities. The ship sank after being hit by a storm and a waterspout in the Isle of Skye like from Porticello, Italy, Monday (19).

Hours after recovering Lynch’s body, authorities confirmed the identification of four other groups pulled from the wreckage: attorney Christopher Morvillo and his wife Neda Morvillo, and bank executive Jonathan Bloomer and his wife Judy Bloomer.

Altogether, there were 22 people on board the yacht. Of these, 15 survived the disaster, which happened off the coast of Sicily. Now, only Lynch’s daughter, Hannah, 18, remains missing.

There was a trip on the yacht to celebrate Mike Lynch’s release

Lynch “worked hard to clear his name over the last 12 years and was on a cruise of celebration,” he said. Yes BBC co-founder of the website Last Minute Brent Hoberman and friend of the businessman, known as “Bill Gates of the United Kingdom”.

Just over 20 people boarded the Bayesian yacht to celebrate Lynch’s acquittal in a process that took just over a decade to complete.

In June, the businessman was cleared of fraud charges in the United States for selling software company Autonomy for US$11 billion to Hewlett-Packard (HP) in 2011. .value.

After the trial, the billionaire said: “I am delighted and looking forward to returning to the UK and doing what I love most: spending time with my family and innovation in my field.

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The Case of Mike Lynch, ‘Bill Gates of the United Kingdom’

• Mike Lynch, co-founder of Autonomy, became rich when HP bought his company for $11 billion in 2011 – one of the biggest technology deals in the UK;
• Less than a year after the acquisition, HP valued Independence with US $ 8.8 billion, which led to significant legal problems, questioning management and the valuation made;
• Lynch and Stephen Chamberlain, Autonomy’s former chief financial officer, were accused of voluntarily understating the company’s revenue before the sale, which led to a fraud lawsuit.
• Despite the allegations, in June, Lynch was acquitted of all 15 charges, including conspiracy and wire fraud, in a court in San Francisco, USA.