Authorities find wreckage believed to be from plane carrying biz tycoon

News

close video FOX Business Flash top headlines for October 21

Check out what’s clicking on FoxBusiness.com

German entrepreneur Rainer Schaller, known for his line of fitness studios, was among the passengers on a plane believed to have crashed in Costa Rica, authorities from the Central American country said on Saturday.

Costa Rican authorities said they found wreckage earlier Saturday about 17 miles (28 km) from Limon airport believed to be from a private plane carrying Schaller, the founder of Germany's McFit gym chain, and some members of his family.

Schaller, 53, was traveling with other Germans including a 44-year-old woman, a 40-year-old man and two minors. The pilot, 66, was a Swiss citizen, according to Costa Rica's security ministry.

GERMAN GYM TYCOON RAINER SCHALLER, PARTNER AND KIDS ON PLANE THAT DISAPPEARED OFF COSTA RICAN COAST

Remains of a plane and personal belongings are shown at Limon airport after Costa Rican authorities said they found wreckage about 17 miles (28 km) from this airport, Costa Rica October 22, 2022. (Ministry of Security/Handout via REUTERS / Reuters Photos)

MARK ZUCKERBERG'S PRIVATE JET BURNED $158,000 WORTH OF FUEL IN TWO MONTHS DESPITE FREQUENT CLIMATE ACTIVISM

A police cordon is pictured next to remains of a plane and personal belongings at Limon airport after Costa Rican authorities said they found wreckage about 17 miles (28 km) from this airport, Costa Rica October 22, 2022. (Ministry of Security/Handout via REUTERS / Reuters Photos)

Personal belongings are shown at Limon airport after Costa Rican authorities said they found wreckage of a plane about 17 miles (28 km) from this airport, Costa Rica October 22, 2022. (Ministry of Security/Handout via REUTERS / Reuters Photos)

Costa Rican authorities received an alert on Friday night about the missing plane, which was en route from Mexico to Limon, Security Minister Jorge Torres said earlier.

CLICK HERE TO READ MORE ON FOX BUSINESS

The aircraft had lost communication with the control tower near Barra de Parismina, a few minutes from Limon, according to Torres.

Articles You May Like

Longtime municipal bond banker George Joseph McLiney, Jr. dies at 87
Gautam Adani indicted in the US for alleged bribery scheme
Wisconsin village in court fight over terminated transportation fee
Dental supply stock surges on RFK’s anti-fluoride stance, activist involvement
California’s Santa Barbara borrows for police station and park