THE WIFE of missing British billionaire Mike Lynch has been rescued after her yacht was involved in a devastating incident off the coast of Sicily.
Angela Bacares managed to escape after heavy storms and a tornado caused the vessel to sink over 160ft to the bottom of the sea, but her husband and daughter remain missing.
57-year-old Angela Bacares is one of the people rescued from the Bayesian superyacht which sank off the coast of Sicily in August 2024.
She was born in April 1967 and is the wife of tech billionaire Mike Lynch.
He’s often dubbed Britain’s Bill Gates, and between them they share an incredible amount of wealth.
Whilst she keeps a low profile, Bacares has been seen at various social events alongside her husband.
Bacares holds shares in Darktrace, a British cybersecurity firm she co-founded with her husband.
She was named in 45th place on the Evening Standard’s Tech Rich List in February 2024, which lists her net worth as being over £190million.
Darktrace was set up in 2013 by Mike Lynch and trades on the FTSE 100 index.
It reportedly uses self-learning artificial intelligence to keep clients safe from cyber threats, including ransomware and cloud attacks.
In the past year, Bacares reduced her stake in the firm from 5 percent to 3.6 percent.
According to Companies House, Bacares was also a director of Bunhill Partners alongside her husband until it was dissolved in 2021.
Mike Lynch and Angela Bacares have two children together.
Their 18-year-old daughter Hannah was on-board with them when heavy rain and winds battered the superyacht owned by Bacares, leading to it sinking off the coast of Sicily.
The couple have another daughter together, although less is known about her and it’s not believed she was on-board the vessel.
Angela was on board the Bayesian superyacht as it sank off the coast of Sicily on August 19, 2024, and suffered horrific injuries as she made her escape.
She was with her husband Mike and their daughter Hannah, and described how she was woken by the vessel tilting to one side.
Mrs Bacares explained that she and her husband weren’t concerned at first but upon further investigation, the sound of shattering glass sparked panic.
Angela had to painstakingly climb over broken shards to get out of the yacht as it went down.
Severe cuts to her feet meant she had to use a wheelchair after she was rescued.
Torrential rain and wind battered much of the Porticello port in Palermo – striking the 183ft superyacht with swirling columns of air that formed waterspouts.
At 246ft tall, the mast of the boat is the world’s second highest.
Witnesses said the twister snapped it clean in half.
Others told Italian outlet Ansa that the anchor was down when the storm hit on Monday morning, causing the ship to lose its balance.
It’s since emerged that Bacares is the registered owner of the vessel.
A number of other high profile names from the financial world were on board when the yacht sank.
Italian authorities say these include the chairman of Morgan Stanley International, Jonathan Bloomer, Bloomer’s wife, Lynch’s attorney Christopher Morvillo, and Morvillo’s wife, Nada.
