Spanish-Venezuelan billionaire's son, 31, is killed by a boat
propeller after leaping into water to save his fiancée, 30, who was
knocked overboard during a fishing competition in the Florida Keys
Juan Carlos Escotet Alviarez died 6 miles off the coast of Key Largo on Saturday
He
had jumped into the water to save his fiancée, who was accidentally
knocked in when the captain stumbled, according to a Venezuelan
journalist
He immediately hit the propeller and died from his injuries, Florida officials said
Alviarez is the son of Juan Carlos Escotet, founder of Venezuelan bank Banesco
The son was a director of the American unit of the bank, headquartered in Miami
Juan Carlos Escotet Rodríguez (born 1959) is a Spanish-Venezuelan billionaire banker and the founder of Banesco. As of March 2022, his net worth is estimated at US$3.5 billion.[1]
Juan Carlos Escotet was born in Madrid in 1959[2]
as one of eight immigrant children from Spain. He first began to work
doing errands for a bank in Venezuela in 1976. He was in night school
while working full-time at Banco Union.[3]
After
earning his MBA, Escotet worked as an executive for Sociedad Financiera
Latinoamericana, ultimately creating his own financial group.[3]
In the 1990s, Escotet gathered enough money to buy out Venezuelan
financial institutions going through the banking crisis and set up his
own establishment in Panama.[3] Escotet founded Banesco . In 2000, merged Banco Union with his company.[3][1] He owns other branches in Miami, Panama, Colombia, Curaçao, the Dominican Republic and Puerto Rico.[3]
In 2015, Escotet acquired NCG Banco, the current Abanca in Spain.[4]
Personal life
Escotet is married, with four children, and lives in A Coruña, Spain.[1]
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