Venezuelan billionaire’s son, 31, is killed by a ship propeller whereas making an attempt to avoid wasting his girlfriend

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The son of a Spanish-Venezuelan billionaire was killed in a horrific boating accident in Florida after he was maimed by the vessel’s propeller throughout a fishing competitors when he jumped within the water to avoid wasting his fiancée – who was by accident knocked overboard by the ship’s captain. 

Juan Carlos Escotet Alviarez, 31, was swept up within the wake of the 60-foot craft’s motor about six miles off the shore of Key Largo, in keeping with the Florida Fish and Wildlife Conservation Fee.

The banking scion was reportedly making an attempt to avoid wasting his fiancée, who was bumped from the boat by the captain when he stumbled whereas making an attempt to assist a boy with a fishing rod, Venezuelan journalist Angela Oraá posted on Instagram.

His fiancée, Andrea Montero, 30, was safely pulled from the water. 

The couple, scheduled to wed in November, had been taking part in a fishing event hosted by the Ocean Reef Membership, a gated group.

Alviarez’s father, Juan Carlos Escotet, 62, is the founding father of Venezuelan financial institution Banesco and is price a reported $3.5 billion, in keeping with Forbes

The son graduated from the College of Miami and was a member of the board of administrators of Banesco USA, the American division headquartered in Miami, in keeping with the corporate’s web site.  

Juan Carlos Escotet Alviarez, 31, fell from the strict of a 60-foot vessel about six miles off the shore of Key Largo on Saturday afternoon making an attempt to avoid wasting his fiancee Andrea Montero, 30 (left)

The banking heir appears to have been a fan of competitive fishing, according to an Instagram page that documented his hobby. Above, Alviarez (center in dark blue shirt) with his fiancée Andrea Montero, 30 (center)

The banking inheritor seems to have been a fan of aggressive fishing, in keeping with an Instagram web page that documented his passion. Above, Alviarez (heart in darkish blue shirt) together with his fiancée Andrea Montero, 30 (heart)

He had jumped in to help save his fiancée after she was accidentally knocked into the water when the captain stumbled, according to a Venezuelan journalist

He had jumped in to assist save his fiancée after she was by accident knocked into the water when the captain stumbled, in keeping with a Venezuelan journalist

The household wouldn’t touch upon the tragedy. 

On the corporate’s web site, the financial institution mentioned Alviarez has ‘huge expertise in actual property growth within the Miami space.’ 

Two of his brothers additionally work for the financial institution, in keeping with Venezuelan newspaper El Nacional

Alviarez's father, Juan Carlos Escotet, is the founder of Venezuelan bank Banesco and is worth a reported $3.5 billion

Alviarez’s father, Juan Carlos Escotet, is the founding father of Venezuelan financial institution Banesco and is price a reported $3.5 billion

The banking inheritor seems to have been a fan of aggressive fishing, in keeping with an Instagram web page that documented his passion.

In a single picture dated January 31, 2021, he seems alongside his fiancée and different pals aboard a ship named Otoro.   

‘Regardless of the gradual fishing this weekend, we had a good time within the #reefcup as at all times. Nonetheless managed to catch two on Friday and one on Saturday. Got here in sixth out of 51 boats and second place on Friday’s each day,’ he wrote.

Alviarez’s father, Juan Carlos Escotet, was born in Madrid in 1959 and grew up as one in all eight kids of Spanish immigrants in Venezuela. 

He started working full time as a messenger for Banco Union in 1976 at age 17, whereas he was learning economics at evening.

‘Banking would not run in my household,’ Escotet advised the journal Mercado de Republica Dominicana. ‘What runs in my household is a whole lot of training and a whole lot of perseverance.’ 

Aviarez took to Instagram often to show off his catches and his passion for fishing

Aviarez took to Instagram usually to point out off his catches and his ardour for fishing

Aviarez was a graduate of the University of Miami who had 'vast experience in real estate development' in the city, according to his biography on Banesco USA's website

Aviarez was a graduate of the College of Miami who had ‘huge expertise in actual property growth’ within the metropolis, in keeping with his biography on Banesco USA’s web site

The banking scion and his fiancée Andrea, who survived falling into the water on Saturday, were set to wed in November

The banking scion and his fiancée Andrea, who survived falling into the water on Saturday, had been set to wed in November

Alviarez and his fiancée, scheduled to wed in November, were participating in a fishing tournament hosted by the Ocean Reef Club, a gated community in Key Largo

Alviarez and his fiancée, scheduled to wed in November, had been taking part in a fishing event hosted by the Ocean Reef Membership, a gated group in Key Largo

He based a brokerage agency in 1986, in keeping with Bloomberg, and added banking providers in 1991, increasing to Panama the following 12 months.

In 2001, he merged his financial institution with Banco Union, which had employed him in school. 

Banesco has branches in Venezuela, Spain, the US, Panama, Puerto Rico, Brazil, the Dominican Republic, Colombia, Switzerland, Germany, Portugal, the UK and France. 

In 2013, Banesco purchased the Spanish financial institution Abanca for $1.3 billion.

The self-made billionaire, who lives in Spain, has a grasp’s diploma in administration from the College of Miami, in keeping with his biography on Abanca’s web site.

He is additionally within the board of administrators of the Spanish Confederation of Financial savings Banks, or CECA. 



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