Bayesian Yacht Sinks: Entrepreneur Mike Lynch Body Found

Italian authorities confirmed that the last and sixth body of Hannah Lynch Mike Lynch’s Daughter found. Mr Lynch’s wife and a one-year-old girl are among the 15 people who have been rescued.

The Bayesian Yacht carrying 22 people sank after being hit by a tornado. 15 people were rescued from the ship, while one person died, and six dead bodies were found including Mike Lynch and Hannah Lynch Mike Lynch’s Daughter. 8 of them were rescued. The death of Mike Lynch deeply saddens the U.K.’s Royal Academy of Engineering.

Mike Lynch, UK Tech Entrepreneur is the co-founder of Autonomy Corporation and the founder of Invoke Capital. Lynch founded Autonomy in 1996 with David Tabizel and Richard Gaunt. According to Forbes, Mike Lynch’s net worth was $1 Billion in 2015.

Autonomy was sold to Hewlett-Packard for more than $11 billion in October 2011.

However, the deal led to civil and criminal charges against Lynch.

The U.K.’s Serious Fraud Office started the investigation into Hewlett-Packard allegations in 2013, but it closed due to insufficient evidence.

Lynch was cleared on 15 charges by a San Francisco jury in June 2024.

Hewlett Packard won a multibillion-dollar fraud case over its acquisition of Autonomy and sued the lynch by claiming they artificially inflated Autonomy’s reported revenues, revenue growth, and gross margins. The Autonomy received less than $5 Billion claimed by Hewlett Packard.

At this point, Mike Lynch referred to the Bill Gates.

Mike Lynch afterward founded Invoke Capital and Angela Bacares is wife of the Mike Lynch.

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