Mike Lynch
Mike Lynch is missing after a superyacht sank in Sicily.
  • Tycoon Mike Lynch is missing after a superyacht sank off the coast of Sicily, reports said.
  • One person died, and six others, including Morgan Stanley International Chair Jonathan Bloomer, are missing.
  • Lynch, the founder of Autonomy, was recently cleared of multibillion-dollar fraud charges in the US.

Mike Lynch, a controversial British tech tycoon recently acquitted of fraud in the US, is missing after a superyacht he was on sank off the coast of Sicily, according to reports.

The 56-meter superyacht named "Bayesian" sank early Monday close to Porticello, Palermo, during bad weather.