Eike Batista

Eike Batista
Batista in 2011
Born
Eike Fuhrken Batista da Silva

(1956-11-03) 3 November 1956 (age 68)
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 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 2024, on the Market Makers podcast, Eike introduced a new biotech startup called BRX.[1]

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 Filho, 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.