Morgan Stanley Chairman and 'British Bill Gates' Missing Following Yacht Sinking

Tech entrepreneur Mike Lynch and investment banker Jonathan Bloomer are among six individuals unaccounted for following a tornado that struck their ship. Read Full Article at RT.com.

Morgan Stanley Chairman and 'British Bill Gates' Missing Following Yacht Sinking
Tech entrepreneur Mike Lynch and investment banker Jonathan Bloomer are among six individuals missing after a tornado struck their vessel near Sicily.

Reports indicate that British tech entrepreneur Mike Lynch and Morgan Stanley International chairman Jonathan Bloomer went missing after their superyacht sank off the Sicilian coast on Monday.

According to The Guardian, which cited the head of Sicily’s civil protection agency, Bloomer, Lynch, his 18-year-old daughter Hannah, and lawyer Chris Morvillo are among the six people still unaccounted for as of late Monday.

The yacht, a British-flagged, 56-meter sailboat named the ‘Bayesian,’ was anchored off the port of Porticello with a total of 22 people aboard—12 crew members and ten passengers—at the time of the incident.

The Italian Coast Guard reported that the vessel was struck by a waterspout, a tornado that forms over water, in the early hours of Monday. So far, one man, believed to be the ship's chef, has been confirmed dead. Fifteen individuals have been rescued, including Lynch’s wife Angela Bacares, the yacht’s owner, and a one-year-old girl saved by her mother.

Eight of the rescued, including the child, have been hospitalized and are reported to be in stable condition, as stated by The Guardian. Dr. Domenico Cipolla, the chief physician at one of the hospitals, relayed that many of the survivors indicated they were employees of Lynch.

“They are deeply traumatized. As time passes, they realize more and more that this morning they lost many friends,” Cipolla said.

The Coast Guard’s reports indicate that the missing individuals include nationals from Britain, the U.S., and Canada. Additionally, New Zealand’s Ministry of Foreign Affairs has confirmed that two of its nationals were on board the yacht, with one confirmed survivor.

Lynch, a multimillionaire recognized for co-founding the software development company Autonomy in 1996, has often been referred to as the ‘British Bill Gates.’ However, he has spent much of the last decade embroiled in legal struggles over fraud allegations linked to the sale of his firm to U.S. tech giant Hewlett-Packard. In June, he was acquitted by a jury in San Francisco after over a year under house arrest.

Coincidentally, just hours after news of the accident in Sicily emerged, reports surfaced concerning Lynch’s co-defendant in the trial, former Autonomy vice president of finance Stephen Chamberlain, who was killed after being struck by a car while jogging in Cambridgeshire, UK.

Anna Muller contributed to this report for TROIB News