Juan Carlos Escotet Net Worth, Age, Biography, Wife, Children, Career, Education

Juan Carlos Escotet Net Worth, Age, Biography, Wife, Children, Career, Education

Juan Carlos Escotet Net Worth

Juan Carlos Escotet, a Spanish-Venezuelan billionaire banker and the founder of Banesco has a net worth of $4.3 Billion USD.

Profile Summary

Net Worth$4.3 Billion USD
NameJuan Carlos Escotet
Full NameJuan Carlos Escotet Rodríguez
Gender Male
Born23 July 1959
Age64 years old (as of 2023)
Place of birthMadrid, Spain
NationalitySpanish-Venezuelan

Juan Carlos Escotet Biography

Juan Carlos Escotet Rodríguez is a successful banker who founded Banesco, the largest private bank in Venezuela.

He's also the CEO and majority shareholder of Abanca, a Spanish bank. His estimated net worth in March 2022 was around $3.5 billion. Read more about Felipe VI.

Juan Carlos started his career at Banco Union in Venezuela in 1976 and pursued higher education while working there. He holds a master's degree in professional management science from the University of Miami.

After completing his MBA, he worked for Sociedad Financiera Latinoamericana and eventually established his own financial group. In the 1990s, he acquired struggling Venezuelan financial institutions and expanded internationally, including Panama.

READ ALSO » Juan Carlos I Net Worth, History, Education, Parents, Wife

Banesco, which he founded, absorbed Banco Union in 2000 and has branches in various countries. In 2015, he acquired NCG Banco in Spain, renaming it Abanca.

Juan Carlos Escotet Age

The Spanish-Venezuelan billionaire banker and the founder of Banesco was born on 23 July 1959 in Madrid, Spain. Juan Carlos Escotet Rodríguez is 64 years old as of 2023.

Juan Carlos Escotet Education and Career

He got a master's degree in business from the University of Miami. After that, he worked for Sociedad Financiera Latinoamericana and started his own financial group. Also, read more about Juan Carlos I.

In the 1990s, he bought Venezuelan financial institutions during a crisis and established his presence in Panama.

He founded Banesco, now Venezuela's largest private financial institution, absorbing Banco Union in 2000.

He also has branches in Miami, Panama, Colombia, Curaçao, the Dominican Republic, and Puerto Rico. In 2015, he acquired Spain-based NCG Banco, which became Abanca.