Boat Propeller Kills Billionaire’s Son As He Attempts To Save Fiancée Who Fell From Boat

The 31-year-old son of a billionaire banker died while attempting to save his fiancée during a fishing competition in Florida this past weekend.

Juan Carlos Escotet Alviarez died after he attempted to rescue his fiancée, Andrea Montero, when she fell off the stern of their 60-foot boat on Saturday, according to the Miami Herald.

The two were catching sailfish as part of an event hosted by the Ocean Reef Club in north Key Largo.

Just after entering the water, Alviarez was struck by a boat propeller and died from his injuries.

Journalist Angela Oraa of Venezuela said Montero was able to get out of the water “without consequences,” according to a translated tweet.

boat propeller kills billionaire's son as he attempts to save fiancée who fell from boat
Image via Instagram

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Citing the Florida Fish and Wildlife Conservation Commission, The Independent revealed the accident occurred about six miles from the private community, Ocean Reef Club.

Alviarez is the son of billionaire Juan Carlos Escotet Rodriguez, the Venezuelan newspaper, El Nacional, reported.

62-year-old Rodriguez has a net worth of $3.5 billion and is the founder of the Caracas-based banking group, Banesco, according to Forbes.

The group operates out of Panama, the Dominican Republic, Puerto Rico, Colombia and the U.S.

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According to Forbes, Rodriguez, a father of four, built his fortune while working as a messenger for Banco Union when he was 17. Rodriguez began his own brokerage in 1986, and 15 years later, merged it with Banco Union.

Alviarez is listed as a director of Banesco in a description on the company’s website. In addition, he is also a graduate of the University of Miami with “vast experience” in real estate development around Miami, it said.

tweet from the Venezuelan outlet Magazine Español said Alviarez planned to marry Montero in November.

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