NewsBritish tech titan's yacht sinks in storm, 6 missing, including his daughter

British tech titan's yacht sinks in storm, 6 missing, including his daughter

Michael Lynch collaborated for many years with the late Stephen Chamberlain, who passed away on Saturday.
Michael Lynch collaborated for many years with the late Stephen Chamberlain, who passed away on Saturday.
Images source: © Getty Images, Instagram
Kamil Kozłowski

12:03 PM EDT, August 20, 2024

A waterspout sank a yacht belonging to Michael Lynch. Searches are still underway for the businessman, his daughter, and four others. Just a few dozen hours earlier, a tragic car accident resulted in the death of his associate.

An elite party held overnight from Sunday to Monday in the Sicilian region ended in tragedy. Just before dawn, the area was hit by a dangerous storm. Weather conditions changed rapidly, leading to an unimaginable tragedy. Within moments, a tornado swept away the yacht belonging to technology magnate Michael Lynch. There were 22 people on board, and the fate of six remains unknown.

Media have confirmed that the ship's chef died in the storm. The list of officially missing includes the president of an American bank, Jonathan Bloomer, his wife Judy, and lawyer Chris Morvillo, who represented Lynch's interests. The millionaire, often called the "British Bill Gates," and his 18-year-old daughter, Hannah, are still missing.

The holder of a $450-million fortune lost a close one

Inviting fellow associates and other entrepreneurs with whom Lynch conducted business was a celebration of the beginning of his "second life." The 59-year-old was celebrating being cleared of fraud charges involving more than $11 billion after allegedly overstating the value of his IT firm, Autonomy, which he sold to HP in 2011.

His business partner, Stephen Chamberlain, who was also acquitted, spent the past weekend at a running event in Cambridge. Unfortunately, during the event, he was fatally hit by a car. He died after being taken to the hospital.

Family and friends bid farewell to the 52-year-old, who worked as vice president of finance at IT firm Autonomy. His lawyer, Gary Lincenberg, issued a short statement to the media, reminiscing about his tragically deceased client.

He was a courageous man with unparalleled integrity. We deeply miss him. Steve fought successfully to clear his good name at trial earlier this year, and his good name now lives on through his wonderful family, wrote the lawyer.

Michael Lynch
Michael Lynch© Getty Images | © 2022 Bloomberg Finance LP
Stephen Chamberlain
Stephen Chamberlain© Instagram
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