Josie Clacher, 18, was discovered in the pool at around 7 a.m. in the town of Alaro on the morning of August 13. It is believed the teenager had been out with friends the previous night and returned to the villa shortly before she was found, according to The Daily Telegraph.

Paramedics attempted to revive the 18-year-old at the scene, but she was pronounced dead.

She was the daughter of Rachel Clacher, who co-founded the British-based telephone answering company Moneypenny, estimated to be worth more than £100m ($120m).

The daughter was believed to be staying at the villa with friends and family, including her mother.

A spokesperson for Moneypenny told The Telegraph: “We’re all extremely devastated by this tragic news and our thoughts are with the family at this very sad time.”

A British Foreign Office spokesperson added: “We are supporting the family of a British woman following her death in Majorca, and are in contact with the Spanish authorities.”

Rachel Clacher set up Moneypenny with her brother Ed Reeves in 2000. The company currently employs hundreds of staff and has offices in Britain, New Zealand and the U.S.

“You probably have already spoken to Moneypenny, but never realized,” a description on the company’s website reads: “We’re not simply the market leader. We are the biggest and fastest growing company of our type, managing 15 million calls and chats annually on behalf of our clients.”

Moneypenny has been frequently been named one of the “100 Best Companies to Work For” by The Sunday Times newspaper, including being ranked in the top five in 2015 and 2017.

In 2017, Prince Charles unveiled the company’s new offices in Wrexham, Wales, which is famous for having its own pub and treehouse inside, reports Wales Online.

In 2014, Rachel Clacher established the Moneypenny Foundation—now called We Mind The Gap—a charity which provides young people the opportunity to work through holistic paid traineeships.

Rachel Clacher also received a CBE in the Queen’s Birthday Honours List for her services to business and disadvantaged young people earlier this year.

“I am honored to be receiving a CBE in the Queen’s Honours List,” she said at the time.

“It is wonderful to receive acknowledgment for Moneypenny’s success, and for We Mind The Gap.

“I strongly believe in doing the right thing, treating people well and providing ongoing support.”