By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Mike Lynch among missing after yacht sinks off Sicily
News

Mike Lynch among missing after yacht sinks off Sicily

News Room
Last updated: 2024/08/19 at 9:13 AM
By News Room
Share
2 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Mike Lynch, one of the UK’s best-known tech entrepreneurs, is among those missing after a luxury yacht sank off the coast of Sicily, according to a person familiar with the matter.

Lynch’s wife, Angela Bacares, had been rescued, this person said. Several people are missing after the 56m yacht, the Bayesian, sank in bad weather.

Camper and Nicholsons, managers of the Bayesian, said the yacht “encountered severe weather and subsequently sank” near Palermo in the early hours of Monday morning.

There were 12 guests and 10 crew on board, of whom 15 have been rescued by the Italian coast guard. According to the local fire department, one body has been recovered, while six people remain missing.

This picture taken at around 20.00gmt on Sunday, Aug. 18, 2024, shows the UK’s vessel Bayesan, left, and the Duch sailboat Sir Robert Baden Powell at anchor off the Sicilian village of Porticello
The Bayesian, left, pictured at anchor off the village of Porticello on Sunday evening © Fabio La Bianca/Baia Santa Nicolicchia/AP

Lynch, the former chief executive of Autonomy, was acquitted of criminal charges by a jury in San Francisco in June, vindicating the 59-year-old entrepreneur after a 12-year legal battle over the software group’s $11bn sale to Hewlett-Packard in 2011.

A spokesperson for Lynch declined to comment.

The Italian coastguard said on Monday that the Bayesian sank to a depth of approximately 50 metres.

The 15 people rescued were of British, American and Canadian nationalities. Eight were transferred to local hospitals.

This is a developing story

Read the full article here

News Room August 19, 2024 August 19, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Trump wants a 10% cap on credit card rates, but it could backfire

Watch full video on YouTube

Deconstructing Nvidia’s Vera Rubin — The Successor To Blackwell That’s 10x More Efficient

Watch full video on YouTube

Undercovered Stocks: Power Solutions, Kraft Heinz, W. P. Carey, And More

This article was written byFollowSome tickers are covered more than others on…

Why investors are still betting big on ETFs

Watch full video on YouTube

Can Trump And His Policies Turn The Economy Around Before The 2026 Midterm Elections

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Undercovered Stocks: Power Solutions, Kraft Heinz, W. P. Carey, And More

By News Room
News

Columbia Seligman Global Technology Fund Q4 2025 Commentary (SHGTX)

By News Room
News

John Hancock Classic Value Fund Q4 2025 Commentary (PZFVX)

By News Room
News

Lithium Miners News For The Month Of March 2026

By News Room
News

How the shadow fleet is capitalising on the chaos of war

By News Room
News

17 Education & Technology Group Inc. (YQ) Q4 2025 Earnings Call Transcript

By News Room
News

UTG: Create Dividend Growth From AI Data Centers (NYSE:UTG)

By News Room
News

Invesco High Yield Fund Q4 2025 Commentary (AMHYX)

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?