Many would believe that Florentino Perezafter his great conquests with the Real Madrid and a deep wallet to sign any star, would make him the Spanish owner of a team with the most money in Spain. However, a Venezuelan He recently promoted his team to La Spanish league and their heritage is of enormous difference.
Born in Madrid and raised in Venezuela, Juan Carlos Escotet, who owns highly recognized banks such as Banesco and Abanca, is the president of Deportivo La Coruña in Spain.
He began his economic training in Venezuela and eventually graduated in the United States with a degree in Management Sciences from the University of Miami.
He worked with Banco Unión, at Sociedad Financiera de Lara, at Grupo Latinoamericana de Seguros and at Sociedad Financiera Latinoamericana. His level was such that at the age of 23 he became General Manager of the Financial Society.
In 1986, he founded the Escotet Valores stock exchange, which later changed its name to Banesco Casa de Bolsa. Four years later, he acquired Bancentro, an entity that had a universal bank license. From this alliance, Banesco emerged, which entered the market in 1992.
Years later, Banesco became the leader of Venezuelan private banking, which allowed it to expand into Europe with its arrival in Spain in 2007. This move allowed it to operate under the protection of the Bank of Spain and the European Union.
In 2020, Abanca became the majority shareholder of Deportivo de La Coruña and, 4 years later, with the promotion to LaLiga Hypermotion, it fully settled its debt.
In 2021, Juan Carlos entered the TOP 100 richest Spaniards for the first time, with nearly €2.7 billion.
Escotet is located in the Top 5 of the most valuable assets in Spainspecifically, in the 4th place, with €4 billion. Most of his wealth comes from the Spanish financial institution ABANCA, of which he is president and main shareholder, and from Banesco Grupo Financiero Internacional, in which he holds the same positions as in the previous company, in addition to being a founder.
Real Madrid’s Florentino Perez follows him on the list of the richest Spanish team owners in the country. In 2023, he dropped four places to reach the 17th position and increased its assets by €100 million, reaching a Total wealth of 1.9 billion. Thus, it is consolidated one more year Among the twenty richest people in Spain.
florentino-perez.jpg
AP/Manu Fernandez
The third of the presidents is eleven positions lower, specifically, in 28th place. The president of Villarreal since May 15, 1997, Fernando Roig Alfonso, is ranked with €1.3 billion.
In addition to being in charge of the Yellow Submarine, he is the owner of the Pamesa ceramics group, one of the best groups in the sector worldwide; he is the third largest shareholder of the supermarket chain Mercadona, located between Portugal and Spain.