Tech tycoon Mike Lynch among the dead in superyacht wreck off the Italian coast

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image of Lynch smiling
Mike Lynch founded British software company Autonomy in 1996.

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Divers find 5 bodies in Mike Lynch's sunken superyacht

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Divers on a boat during the search and rescue operation for the Bayesian yacht missing.
Divers on a boat during the search and rescue operation for the Bayesian yacht that sunk off Sicily's coast in August 2024.

ALBERTO PIZZOLI via Getty Images

There are 3 main reasons Mike Lynch's superyacht may have sunk. None give much hope for finding more survivors.

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An emergency service boat is surrounded by sea off the coast of Sicily.
Italian emergency services are searching the area where Mike Lynch's superyacht sank off the coast of Sicily.

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Tech tycoon, Morgan Stanley exec missing after superyacht sinks off Sicily

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Mike Lynch
Mike Lynch is missing after a superyacht sank in Sicily.

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Massive drought in Italy threatens to destroy Sicilian tourism

Tech Insider : Travel, Economy
An aerial view of Lake Pergusa, Sicily's only natural lake, now almost dried up and reduced to a pool of mud.
Lake Pergusa, Sicily's only natural lake has almost dried up due to an increasingly dramatic drought emergency in Sicily.

Fabrizio Villa via Getty Images

An Italian town that offered $1 homes was transformed by an influx of remote workers and tourism

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A welcome sign for Mussomeli in Sicily, Italy.
A welcome sign for Mussomeli in Sicily, Italy.

Luke Renard/Business Insider

We were drawn to Sicily's viral $1 homes. We ended up spending $30K for 2, but it was worth every penny.

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Gary and Tam Holm
Gary and Tam Holm being interviewed by Business Insider.

Luke Renard; Business Insider

4 tips on buying a home in Italy from an American who's done it

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A woman standing outside of a residence in Italy.
Minton standing outside of her second home in Mussomeli.

Lorrah Minton

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