Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Son of billionaire killed by boat propeller after jumping into water to save fiancée

Juan Carlos Escotet Alviarez was taking part in fishing competition in Florida Keys

Gustaf Kilander
Washington, DC
Monday 14 March 2022 14:33 EDT
Comments
Juan Carlos Escotet Alviárez, 31, died in a fishing accident in the Florida Keys
Juan Carlos Escotet Alviárez, 31, died in a fishing accident in the Florida Keys (Banesco USA)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The 31-year-old son of a billionaire died after being struck by a boat propeller when he jumped into the water after his fiancée during a Florida Keys fishing tournament.

Juan Carlos Escotet Alviarez died after jumping into the water after his fiancée fell into the ocean from their 60-foot vessel as they fished for sailfish about six miles east of the Ocean Reef Club in north Key Largo, the Florida Fish and Wildlife Conservation Commission (FWC) said.

The FWC said in a Sunday accident report that Mr Alviarez was struck by the propeller and died immediately after entering the water.

He was taking part in the fishing competition organized by the reef club along with his partner, 30-year-old Andrea Montero.

The report from the FWC didn’t include information regarding the wellbeing of Ms Montero.

Ocean Reef, an exclusive gated community, was also in the news last week when 356 migrants from Haiti arrived in a large wooden boat just 200 yards away from the property.

It was one of the largest migratory events in recent South Florida history, The Miami Herald reported.

Juan Carlos Escotet Alviarez is pictured with his fiancee Andrea
Juan Carlos Escotet Alviarez is pictured with his fiancee Andrea (Magazine Espanol via Twitter)

Venezuelan newspaper El Nacional reported that Mr Alviarez was the son of billionaire Juan Carlos Escotet Rodriguez. He’s the president of the Venezuelan bank Banesco and the Spanish bank Abanca.

He also serves as the vice-chairman of the board of Banesco USA, the US division of the bank. His late son served as the director of the division, the company website states, adding that he also was the director of the Banesco International Corporation.

The website says he had “vast experience in real estate development in the Miami area” and that he was a “graduate of the University of Miami”.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in