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.