| Birth Year | 1959 |
| Birth Place | Caracas, Venezuela, Venezuela |
| Age | 64 YEARS OLD |
| Residence | Caracas, Venezuela |
| Alma mater | Universidad Catolica Andres Bello University of Miami |
| Known for | Founder, Banesco |
| Spouse(s) | married |
| Children | 4 |
Juan Carlos Escotet, a renowned figure in the world of finance and investments in Venezuela, is projected to have a net worth of $4.3 billion by 2024. With his extensive knowledge and expertise in the field, Escotet has successfully built a substantial fortune over the years. This achievement serves as a testament to his ability to navigate the complexities of the Venezuelan financial market and make sound investment decisions. As a prominent figure in the industry, Escotet's net worth places him among the wealthiest individuals in Venezuela, showcasing his remarkable financial acumen.
Juan Carlos Escotet was born in Madrid in 1959. 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 in professional management science from the University of Miami.
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.
