Juan Carlos Escotet

Spanish-Venezuelan banker

Juan Carlos Escotet Rodríguez (born 23 July 1959) is a Spanish-Venezuelan billionaire banker and the founder of Banesco, the largest private financial institution in Venezuela. He is also CEO and shareholder of Spanish bank Abanca, as well as president of Spanish football club Deportivo de A Coruña.2

From Wikipedia’s article on Juan Carlos Escotet (this version), CC BY-SA 4.0.

Born Jul 23, 1959.1

About

As of July 2025, his reported net worth is estimated at US$7.8 billion.

From Wikipedia’s article on Juan Carlos Escotet, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedUniversity of Miami School of Business Administration3
  • Date not recordedAndrés Bello Catholic University3
  • Date not recordedUniversity of Miami3

Escotet was born in Madrid, Spain in 1959 as one of eight immigrant children from Spain. He began his work life performing errands for Banco Union in Venezuela in 1976 during which he also attended night school.

He later earned a master's degree in professional management science from the University of Miami School of Business at the University of Miami in Coral Gables, Florida.

From Wikipedia’s article on Juan Carlos Escotet (this version), CC BY-SA 4.0.

Career

Occupation: economist, banker.9

  • Since 2024President of Deportivo de A Coruña6
  • Date not recordedWorked at Andrés Bello Catholic University4
  • Date not recordedFounded Banesco Panama5
  • Date not recordedPresident6
  • Date not recordedChairperson6
  • Date not recordedChair, Banesco Holding7
  • Date not recordedChair, Banesco8

After earning his MBA, Escotet worked as an executive for Sociedad Financiera Latinoamericana and then creating his own financial group. In the 1990s, Escotet bought out Venezuelan financial institutions that were then going through a financial and banking crisis. He also set up his own establishment in Panama. Escotet founded Banesco, which is now the largest private financial institution in Venezuela. In 2000, Banco Union was absorbed into Banesco in a merger agreement. He owns other branches in Miami, Panama, Colombia, Curaçao, the Dominican Republic and Puerto Rico.

In 2015, Escotet acquired Spain-based NCG Banco, which was later renamed Abanca.

From Wikipedia’s article on Juan Carlos Escotet (this version), CC BY-SA 4.0.

Personal life

  • BornJul 23, 1959, Madrid10 11
  • CitizenshipSpain, Venezuela12
  • ResidenceCaracas13
  • Children414

Escotet is married, with three children, and lives in A Coruña, Spain.

From Wikipedia’s article on Juan Carlos Escotet (this version), CC BY-SA 4.0.

Planes and yachts

A position is the aircraft’s or vessel’s, not the person’s. Being on board isn’t confirmed.

Yacht · No AIS signal

Roe19

73 m · built 2022

No position reported yet.

Ownership reported in the press, not confirmed from a registry.

Track on CelebYachts

Positions, trips and icons: CelebYachts, from public AIS broadcasts. Maps: Esri.