Autonomy founder worth €130m

Irish entrepreneur Mike Lynch is sitting on an stg£88 million (€128.25 million) fortune after shares in his software firm Autonomy tripled in value in less than a year.

11th February, 2006

Irish entrepreneur Mike Lynch is sitting on an stg£88 million (€128.25 million) fortune after shares in his software firm Autonomy tripled in value in less than a year.

Shares in Autonomy, which was founded by Lynch in 1996 and is quoted on the London Stock Exchange, surged in value last week after it reported record results for 2005. The shares reached a high of almost stg£4.70, compared with a low of stg£1.56 in April...

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