Juan Carlos Escotet Alviarez.Photo: Banesco USA
The 31-year-old son of a billionaire banker died while trying to save his fiancée during a fishing competition in Florida over the weekend.
Citing the Florida Fish and Wildlife Conservation Commission,The Independentsaid the accident occurred about six miles from the private community, Ocean Reef Club. The FWC did not immediately respond to PEOPLE’s request for comment.
Alviarez is the son of billionaire Juan Carlos Escotet Rodriguez, the Venezuelan newspaper,El Nacional, reported.
According toForbes, 62-year-old Rodriguez has a net worth of $3.5 billion and is the founder of the Caracas-based banking group, Banesco. The group operates out of Panama, the Dominican Republic, Puerto Rico, Colombia and the U.S.
Rodriguez, a father of four, built his fortune while working as a messenger for Banco Union when he was 17,Forbesreported. Rodriguez started his own brokerage in 1986, and 15 years later, merged it with Banco Union.
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Alviarez is listed as a director of Banesco in a description on the company’swebsite. He is also a graduate of the University of Miami with “vast experience” in real estate development around Miami, it said.
Atweetfrom the Venezuelan outletMagazine Españolsaid Alviarez planned to marry Montero in November.
source: people.com