Residence Caracas, Venezuela Children 4 Spouse(s) married | Net worth 2.8 billion USD (2015) Nationality Venezuelan Name Juan Escotet | |
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#SecretsSelfmadeBillionaires0453 Juan Carlos Escotet from Madrid to Richest Man in Venezuela 7 Less
Juan Carlos Escotet (born 1959) is a Venezuelan billionaire banker and the founder of Banesco.
Contents
- SecretsSelfmadeBillionaires0453 Juan Carlos Escotet from Madrid to Richest Man in Venezuela 7 Less
- Entrevista a juan carlos escotet
- Early life
- Career
- References
Entrevista a juan carlos escotet
Early life
Escotet, one of eight immigrant children from Spain, first began to work doing errands for a bank in Venezuela in 1976. He was in night school while working full-time at Banco Union. He later earned a master's degree from the University of Miami.
Career
Following his schooling, Escotet worked as an executive for Sociedad Financiera Latinoamericana, working towards his own financial group. In the 1990s, Escotet gathered enough money to buyout Venezuelan financial institutions going through the banking crisis and set up his own Panama establishment. Escotet founded Banesco and in 2000, merged Banco Union with his company. He owns other branches in Miami, Panama, Colombia, Curacao, the Dominican Republic and Puerto Rico. In 2015, he acquired Abanca in Spain.
