THE son of a Spanish-Venezuelan billionaire banker has been killed by a boat propeller after jumping overboard while trying to save his fiancée from drowning.
Juan Carlos Escotet Alviarez, 31, died while trying to save his fiancée, who had fallen from a 60-foot boat off Key Largo, Florida.
He was the son of Juan Carlos Escotet Rodriguez–who founded Banesco bank and is worth $3.5billion, per Forbes.
The incident took place as anglers Escotet Alviarez and fiancée Andrea Montero competed in a fishing tournament organized by the Ocean Reef Club on Saturday.
Escotet Alvarez was hit by the propeller just as he entered the water, but he died from his injuries after a few hours, authorities said.
Authorities have not revealed Montero’s current condition, but Venezuelan journalist Angela Oraa reported that she exited the water “without consequences.”
Oraa reported that the couple were to be married in November.
Escotet Alvarez’s Instagram account shows he was a passionate fisher; one post from January shows him with Montero and others on a boat named Otoro.
A University of Miami graduate, he served as the director of Banesco USA, as the bank’s website states.