Helicopter Crash Kills Tycoon in Mexico

January 11, 2010

Helicopter Crash Kills Tycoon in Mexico

One of Mexico’s leading entrepreneurs, Moises Saba Masri, and his wife and son have been killed in a helicopter crash about 35 miles west of Mexico City.

The helicopter crashed in what is believed to have been a very heavy fog. The pilot, Armando Fernandez, also died in the crash.

Witnesses report seeing the helicopter flying very low, clipping a multi-story house, then plunging into a ravine where it crashed, exploded, killing everyone on board.

Moises Saba Masri was a member of one of Mexico’s wealthiest families. Mr. Masri was a director of many business and had most of his fortune in real estate.

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