Mother of Uber CEO dies in boat accident

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Uber CEO Travis Kalanick's parents were involved in a boating accident on Friday that killed his mother and left his father badly injured.

"A preliminary report indicates the boat struck a rock and the man and woman on the boat suffered injuries from the collision", the sheriff's statement said. Donald was transported to Community Regional Medical Center where he is expected to survive. His mother passed away in a devastating boating accident near Fresno and his father is in serious condition. "Our thoughts and prayers are with Travis and his family in this heartbreaking time", the statement said.

Travis Kalanick runs privately-held Uber, which is valued at about $68 billion.

The survivor of the accident told deputies that his boat sank.

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FILE - In this April 29, 2014 file photo, Uber CEO Travis Kalanick arrives at the 2014 TIME 100 Gala in NY.

Kalanick has built the ride-hailing company Uber into a almost US$70 billion juggernaut, operating in hundreds of cities across dozens of countries around the world. Donald Kalanick is being treated at a hospital and is in stable condition, the company said.

Bonnie Kalanick, 71, died after the boat she and her husband, Donald, 78, were riding hit a rock in Pine Flat Lake in the eastern part of the county, authorities said.

The couple, in their early 70s, have been longtime boaters.

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