The Mexican Jewish billionaire Moises Saba was killed along with four others in a helicopter crash in Mexico City Sunday night, the Mexican television channel Milenio reported.

According to the initial report, the crash may have been caused by cold and foggy weather.

Saba, one of the most influential businessmen in Mexico, was involved in businesses ranging from pharmaceuticals to telecom.

Two of the dead in the crash were Saba's family members.

In 2003, Saba voiced interest in purchasing Israel's Channel 10, but the deal did not go through.