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Eike Batista

In this Portuguese name, the first or maternal family name is Fuhrken and the second or paternal family name is Batista da Silva.
Eike Batista
Eike Batista in 2011
Born
Eike Fuhrken Batista da Silva

(1956-11-03) 3 November 1956 (age 67)
Governador Valadares, Minas Gerais, Brazil
NationalityBrazilian, German
Alma materRWTH Aachen University (dropped out)
Occupationformer CEO of EBX Group
Spouse
  • ​
    ​
    (m. 1991; div. 2004)​
Children3
Parent(s)Eliezer Batista da Silva (father)
Jutta Fuhrken (mother)

Eike Fuhrken Batista da Silva (Portuguese pronunciation: [ˈajk(i) ˈfuʁkẽj baˈtʃistɐ dɐ ˈsiwvɐ]; born 3 November 1956) is a Brazilian-German serial entrepreneur who made and lost a multi-billion dollar fortune in mining and oil and gas industries.[1][2] He engaged in a quest to promote Brazil's infrastructure with large-scale projects, such as the Porto do Açu.

He was chairman of Brazilian conglomerate EBX Group,[3] which was formerly the parent company of five companies traded on the BOVESPA's Novo Mercado, a special segment of the São Paulo stock market. These five companies were: OGX[4] (oil and gas), MPX[5] (energy), LLX[6] (logistics), MMX[7] (mining), and OSX[8] (offshore services and equipment). Nowadays, EBX advises new startup companies and tries to rebuild itself again.

In early 2012, Batista had a net worth of US$35 billion, ranking him the seventh wealthiest person in the world, and the richest in Brazil.[9][10] By July 2013, his wealth had plummeted to $200 million due to his debts and his company's falling stock prices.[11][12] Bloomberg reported in January 2014, that Batista "has a negative net worth."[13] Forbes and Folha de São Paulo quoted Batista in September 2014, stating that his net worth was –$1 billion.[14][15] Batista is currently under arrest and has been sentenced to 30 years in prison for bribing disgraced Rio de Janeiro governor Sérgio Cabral, in order to secure public contracts.[16]

  1. ^ "Eike Batista". European CEO. 29 June 2008. Archived from the original on 20 July 2011.
  2. ^ "Brazil's Batista forecasts big growth for EBX Group". Reuters. 27 August 2011. Archived from the original on 27 September 2011.
  3. ^ The Economist "The salesman of Brazil", May 26, 2012. Retrieved July 9, 2018.
  4. ^ "#1,508 Oleo E Gas Participacoes". Forbes. March 2011.
  5. ^ "Batista's MPX targets China for sales of Colombian coal". Bloomberg Businessweek. 21 September 2011. Archived from the original on 25 September 2011.
  6. ^ Darlington, Shasta (21 October 2010). "Brazil's richest man builds huge port". CNN. Retrieved 1 August 2017.
  7. ^ "Billionaire Batista eyes two billions tons of iron ore reserves in deals". Bloomberg. 17 September 2010.
  8. ^ "Batista's OSX to add 14 more floating productions ships to fleet". Bloomberg Businessweek. 13 August 2011. Archived from the original on 1 September 2011.
  9. ^ "Eike Batista". Forbes.com. Archived from the original on 1 March 2012. Retrieved 1 August 2017.
  10. ^ Rogers, Simon (11 March 2010). "Forbes rich list: ten years of top tens: as a spreadsheet". The Guardian. Retrieved 14 July 2013.
  11. ^ Spinetto, Juan Pablo; Lucchesi, Cristiane; Cuadros, Alex (26 July 2013). "Brazil's Batista Loses Billionaire Status as Debts Mount". Bloomberg. Retrieved 8 August 2013. Batista had already amassed at least $2 billion in personal liabilities, meaning the 56-year-old entrepreneur now has a net worth of about $200 million, according to the Bloomberg Billionaires Index
  12. ^ Pan Kwan Yuk (27 July 2013). "Eike Batista: sorry, you are no longer a billionaire". Financial Times. Retrieved 8 August 2013.
  13. ^ Neate, Rupert (2 January 2014). "Soaring Microsoft shares boosted Bill Gates's fortune by $15.8bn in 2013". The Guardian. Retrieved 5 January 2014. Batista was the world's eighth-richest person in March 2012, and now has a negative net worth, according to the Bloomberg ranking
  14. ^ Atunes, Anderson (18 September 2014). "Former Billionaire Eike Batista Bemoans His Return To The Middle Class". Forbes. Former billionaire Eike Batista, the flamboyant Brazilian entrepreneur whose wealth peaked at $30 billion in 2012, now says he has a negative net worth of $1 billion.
  15. ^ Lima, Samantha (17 September 2014). "'Voltar à classe média é um baque gigantesco', afirma Eike Batista" [Returning to the middle class is a huge blow, claims Eike Batista]. Folha de S.Paulo. Seu patrimônio, estimado em US$ 30 bilhões, em 2012, foi reduzido, segundo suas contas, a US$ 1 bilhão negativo.
  16. ^ Londoño, Ernesto; Andreoni, Manuela (3 July 2018). "Mining Tycoon, Once Brazil's Richest Man, Is Sentenced to 30 Years in Prison". The New York Times. Retrieved 24 November 2018.

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