The boss of Hewlett-Packard has defended his company’s decision to continue to pursue Mike Lynch for $4 billion through his family after the tech mogul died in August.
Lynch died alongside his 18-year-old daughter Hannah last month when the
Bayesian superyacht he was on ran into a storm and sank within minutes. He was survived by his wife, Angela Bacares, and his other daughter.
In addition to millions of dollars in assets, Lynch left behind the remnants of a multibillion-dollar civil suit in the U.K. that was set to be concluded later this year after
a judge ruled Lynch was likely aware of accounting fraud related to HP’s $11.7 billion acquisition of Autonomy.
According to
Express,
Mike was reportedly worth around £500 million (or $660 million in USD) when he passed away. But this reported wealth was significantly less than he'd had in prior years.
Mike Lynch
Technology entrepreneur
$660 Million current net worth
Mike Lynch was known as the "British Bill Gates," given his success in tech entrepreneurship. He was the co-founder of Autonomy, Invoke Capital, and Darktrace.
Mr Lynch, his daughter Hannah, 18, an onboard cook and four guests died when the British-flagged superyacht Bayesian sank during a severe and sudden weather event off the port of Porticello, near
Palermo, on August 19.
Mike Lynch estate is liable and no doubt there is Insurance even if the Trust is mired down in all sorts of liability there are still many who are hurt from this event. I noticed in his natal chart that his 2nd house (using a Noon chart)
is ruled by Venus with P.O.F. in house 8 square Venus. Someone else on the internet uses 1PM chart or near that time but I suppose we really don't know.