Mike Lynch, often called Britain's answer to Bill Gates, is reported missing after a luxury yacht sank off the coast of Sicily this morning.
Coast Guard video shows luxury yacht sinking off Italy
Lynch founded Autonomy, which Hewlett-Packard bought for $11 billion in 2011.
Multiple reports suggest the British entrepreneur is missing after the Bayesian, a 56-metre superyacht, sank near Porticello in storms around 5am local time.
It is understood Lynch's wife, Angela Bacares, was rescued while seven others are missing, according to a statement from Bagheria city council officials.
