Advertisement

Mike Lynch, once dubbed UK’s ‘Bill Gates’, ‘beat the odds’ till superyacht Bayesian tragedy

  • The tech tycoon, recently acquitted of US fraud charges, was on a celebratory cruise with family and friends when the vessel went down in a storm off Sicily

Reading Time:3 minutes
Why you can trust SCMP
Mike Lynch was recently acquitted of fraud charges in the US after a decade-long legal battle. Photo: Bloomberg
Once dubbed Britain’s “Bill Gates”, tech entrepreneur Mike Lynch, whose body has been recovered from his sunken superyacht off Sicily, had only recently been cleared of fraud charges in the US.

The 59-year-old businessman was acquitted in June by a San Francisco court after a decade-long legal battle with US firm Hewlett-Packard, but the allegations tarnished his image as a UK tech success story.

Since returning home, Lynch – an adviser to two British prime ministers – had criticised the government for allowing his extradition to the US in the first place.

Advertisement

“I am looking forward to returning to the UK and getting back to what I love most: my family and innovating in my field,” he said following his acquittal.

But in a tragic twist, he would perish on the Mediterranean celebrating his victory on a cruise with his family and the friends who had helped him through the ordeal.

Advertisement

Born to working-class Irish parents in Essex, east of London, in 1965, the academically bright Lynch won a scholarship to a private school.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x