Eike Batista
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. He engaged in a quest to promote Brazil's infrastructure with large-scale projects, such as the Porto do Açu.
Eike Batista | |
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Eike Batista in 2011 | |
| Born | Eike Fuhrken Batista da Silva 3 November 1956 Governador Valadares, Minas Gerais, Brazil |
| Nationality | Brazilian, German |
| Alma mater | RWTH Aachen University (dropped out) |
| Occupation | former CEO of EBX Group |
| Spouse |
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| Children | 3 |
| Parent(s) | Eliezer Batista da Silva (father) Jutta Fuhrken (mother) |
He was chairman of Brazilian conglomerate EBX Group, 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 (oil and gas), MPX (energy), LLX (logistics), MMX (mining), and OSX (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. By July 2013, his wealth had plummeted to $200 million due to his debts and his company's falling stock prices. Bloomberg reported in January 2014, that Batista "has a negative net worth." Forbes and Folha de São Paulo quoted Batista in September 2014, stating that his net worth was –$1 billion. 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.