British tycoon missing with daughter in Pramod Tari drowning

A British billionaire and his daughter have gone missing after their luxury yacht drowned off the coast of Sicily, Italy. He is tech entrepreneur Mike Lynch. Six people, including his 18-year-old daughter Hannah, are missing in the accident. The accident happened early Monday morning local time. BBC news.

Italy's Palermo Coast Guard said there were a total of 22 people aboard the Pramod, including the crew. After the accident, 17 people including one body were rescued. Among them, the number of passengers is 12. The Coast Guard is conducting rescue operations in search of the missing.

The 184-foot-long boat named Bayesian sank due to storm and rough waves. Witnesses said it was anchored in the sea half a kilometer from the shore at the time of the incident. But its 236 feet high aluminum mast snapped in half in a heavy storm. At one stage of losing balance, the boat sinks.