Agustín Escobar was a father, husband and a profitable govt from a know-how firm. The late businessman, who was beforehand the top of Siemens Spain, died in a helicopter crash together with his household in April 2025 in New York Metropolis.
“We’re deeply saddened by the tragic helicopter crash during which Agustin Escobar and his household misplaced their lives,” Christoph Erhard, head of company media relation relations for Siemens, stated in a press release, based on NBC Information. “Our heartfelt condolences exit to all their family members.”
Beneath, learn on to study extra about Escobar, his job and what occurred to him.
Who Is Agustín Escobar?
Escobar was a father, husband and senior govt at Siemens, a German firm headquartered in Munich, Germany. Based on a number of shops, although, Escobar and his household have been from Spain.
Agustín Escobar’s Job at Siemens
Escobar was the CEO of rail infrastructure at Siemens Mobility Division.
Agustín Escobar’s Internet Price
Escobar’s internet value is unclear, however Siemens has reported billions of {dollars} in income. For the fourth quarter of the 2024 fiscal 12 months, Siemens reported a €9.5 billion money movement, which is greater than $10 billion.
“At €9.5 billion, we once more achieved glorious Free money movement in fiscal 2024,” Siemens AG Chief Monetary Officer Ralf P. Thomas stated in a press release, based on a 2024 press launch. “As well as, we’re sticking to our path of stringent capital allocation by utilizing our sturdy steadiness sheet as the premise for persevering with our targeted investments in worthwhile progress whereas producing engaging returns for the homeowners of our firm. Our shareholders will profit from the proposed improve of our dividend to €5.20 and from a corresponding dividend yield of two.9 p.c.”
What Occurred to Agustín Escobar?
Escobar died in April 2025 after a helicopter carrying him, his spouse and their three youngsters crashed into the Hudson River. The New York Police Division uncovered the stays of Escobar’s household following the tragedy.
Jersey Metropolis Mayor Steven Fulpo shared extra particulars about Escobar’s helicopter crash in an X assertion. In his tweet, Fulpo famous that he was sharing the knowledge as a result of “life strikes fast [and] we don’t all the time take into consideration the very fact it’s unpredictable + extraordinarily fragile.”
“On the helicopter crash. The Husband [Escobar] was right here for a enterprise journey + the household flew out to increase the journey a pair days in NYC,” Fulpo tweeted. “They have been celebrating the mother’s fortieth bday with the vacationer helicopter flight yesterday. The youngsters have been all [11 years old] and youthful. The brother in regulation is flying on this AM + we’re working with [the medical examiner] to expedite launch of the household to fly again to Spain. Take a second at the moment + take into consideration this household + your loved ones. These conditions are all the time very troublesome + unhappy.”
