How a Joyful Sailing Party Turned Into Tragedy as Missing British Tech Mogul Mike Lynch and Morgan Stanley Boss Jonathan Bloomer Feared Dead [Video]

The trip was meant to be a celebration for British tech mogul Mike Lynch after his acquittal of fraud charges. Accompanied by his closest friends and family aboard the £30 million superyacht Bayesian, the 59-year-old father of two from Suffolk planned to celebrate his “second chance” after spending nearly a year under house arrest.

However, the joyful sailing excursion to Sicily turned into a tragedy just on Monday when the superyacht, with 10 crew members and 12 passengers on board, was struck by an unexpected waterspout due to severe weather and sank near Palermo. Lynch is now feared dead along with five others who went missing after the yacht capsized.

Excursion Turns Into Tragedy

Last night, Lynch—once referred to as the British Bill Gates and estimated to be worth £852 million—along with his 18-year-old daughter Hannah, who recently finished her A-levels and secured a spot to study English at Oxford University, were among the …