Many Think The Banker Juan Carlos Escotet Was Also In An Accident As News Of His Son Death Makes Headlines

Juan Carlos Escotet Son passed away in a water accident in Miami. Was he also in the accident?

Escotet is a Spanish-Venezuelan billionaire banker and the founder of Caracas-based financial institution Banesco. The company operated in the United States, Panama, Colombia, Puerto Rico, and the Dominican Republic.

Juan Carlos started his career working for Banco Union, as a messenger when he was just 17 years. He founded a brokerage in 1986 and later added banking services in 1991. He merged his bank with Banco Union in 2001.

Was Juan Carlos Escotet Also In An Accident?

Juan Carlos Escotet was not involved in the accident that killed his son.

Escotet has four children with his wife, María Isabel Alviárez. He currently lives in A Coruña, Spain, with his wife and family. All of his sons are grown up, and they work with him at Banesco. Juan’s current net worth in March 2022 is $3.5 billion, reports Forbes.

He was born in 1959 in Madrid and is one of the right immigrant children from Spain. Juan Carlos started working at a bank in Venezuela in 1976, where he ran errands for the company. When he worked full-time at Banco Union, he was in night school.

Juan went to the University of Miami School of Business the University of Miami, where he earned a master’s degree in professional management science.

He began working as an executive for Sociedad Financiera Latinoamericana soon after earning his MBA from the University of Miami. Escotet then created his financial group.

What Is Juan Carlos Escotet Son Name?

Juan Carlos Escotet’s son, whose name is Juan Escotet, passed away on March 12, 2022. He worked with his dad and brothers at Banesco.

Neither his father nor any of his family members have talked about the death to the public. They might be grieving the loss of an important family member privately.

Juan Carlos Escotet Son Death Cause Revealed

Juan Carlos Escotet’s son Juan Escotet’s cause of death is an accident. It happened during a fishing championship in Miami, where his girlfriend fell into the water and he jumped in to save her. Sadly the propeller of the boar caused his death on Saturday.

Several people have posted about Juan’s death on social media platforms such as Instagram and Twitter. As he and his father share the same name, people were confused if the billionaire lost his life. The billionaire is still alive, and he lost his son on Saturday.

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