British tech entrepreneur Mike Lynch and his 18-year-old daughter Hannah were among seven people who died when their yacht, the Bayesian, sank off the coast of Sicily. The yacht capsized due to a violent storm early Monday morning, and Italian authorities are investigating the cause of the sinking. Hannah had recently secured a place at Oxford University, and tributes described her as intelligent and kind. Lynch's wife, Angela Bacares, survived along with fourteen others. Among the deceased were notable figures such as Morgan Stanley International chairman Jonathan Bloomer and Clifford Chance lawyer Chris Morvillo. The Lynch family has expressed their devastation and gratitude to the Italian coastguard and rescue teams.