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Tech billionaire missing after superyacht sinks.
Posted on 8/19/24 at 3:46 pm
Posted on 8/19/24 at 3:46 pm
quote:LINK
PORTICELLO, Sicily (AP) — British tech magnate Mike Lynch and five other people were missing after their luxury superyacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said. Lynch’s wife and 14 other people survived.
Lynch, who was acquitted in June in a big U.S. fraud trial, was among six people who remain unaccounted for after their chartered sailboat sank off Porticello, near Palermo, sometime after 4 a.m. A tornado over the water known as a waterspout had struck the area overnight, said Salvo Cocina of Sicily’s civil protection agency.
One body was recovered, and police divers spent the day trying to reach the hull of the ship, which was resting at a depth of 50 meters (163 feet) off Porticello where it had been anchored, rescue authorities said. They returned to the site after 10 p.m. to see if it would be possible to search through the night, when weather conditions were expected to worsen, said Luca Cari, spokesman of the fire rescue service.
The ship had a crew of 10 people and 12 passengers, the Italian coast guard said. A sudden fierce storm had battered the area overnight, and a waterspout struck precisely where the 56-meter (184-foot) British-flagged Bayesian had been moored.
“They were in the wrong place at the wrong time,” said Cocina, noting that another big ship nearby, the Sir Robert Baden Powell, wasn’t as badly damaged and helped rescue the 15 survivors — including Lynch’s wife, Angela Bacares.
Posted on 8/19/24 at 3:47 pm to Jim Rockford
This is why I refuse to buy a superyacht.
Posted on 8/19/24 at 3:48 pm to Jim Rockford
I just wonder what he might have known about Hillary Clinton...
Posted on 8/19/24 at 3:49 pm to CatfishJohn
While it is huge, I feel like 22 people sleeping on that thing seems a bit crowded

Posted on 8/19/24 at 3:50 pm to Master of Sinanju
Damn. Coulda been me.
Posted on 8/19/24 at 3:51 pm to CatfishJohn
Welp it's less crowded now.
Posted on 8/19/24 at 3:51 pm to CatfishJohn
Those sails were the death of that boat. Captain didn't lower them with the weather approaching?
Posted on 8/19/24 at 3:53 pm to Jim Rockford
quote:
Tech billionaire
quote:
Lynch’s wife and 14 other people survived.
So she single now?
Posted on 8/19/24 at 3:59 pm to Jim Rockford

Mike pulled the jordy belfort and didn’t respect the chop. I hope he got the ludes before going down
Posted on 8/19/24 at 4:03 pm to Jim Rockford
quote:
Lynch, who was acquitted in June in a big U.S. fraud trial,
They trying to tell us something?
Wonder who else was involved.
ETA:
quote:
LONDON, Aug 19 (Reuters) - Stephen Chamberlain, once Mike Lynch's co-defendant in the U.S. fraud trial over the sale of Autonomy to Hewlett-Packard, has died after a road accident left him critically injured, days before Lynch went missing off the coast of Sicily, his lawyer said on Monday.
The Autonomy sale was one of the biggest British tech deals at the time but quickly went sour, with HP writing down Autonomy’s value by $8.8 billion within a year.

This post was edited on 8/19/24 at 4:11 pm
Posted on 8/19/24 at 4:07 pm to CatfishJohn
Posted on 8/19/24 at 4:07 pm to Jim Rockford
Ocean-2
Billionaires-0
Billionaires-0
Posted on 8/19/24 at 4:08 pm to Jim Rockford
quote:
British tech magnate Mike Lynch and five other people were missing after their luxury superyacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said.
Damn that’s crazy
quote:
Lynch, who was acquitted in June in a big U.S. fraud trial,
Nope, no it’s not.
Posted on 8/19/24 at 4:14 pm to The Mick
quote:
Faked own death
This was my thought as well. He’s got a whole new identity by now.
Posted on 8/19/24 at 4:20 pm to jcaz
quote:
where it had been anchored
quote:
Those sails were the death of that boat. Captain didn't lower them with the weather approaching?
Tell me you've never sailed without telling me you've never sailed
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