Tuesday, August 1, 2017

Eike Batista 
Age 62   Net Worth  - $10 B
Citizen  Brazil, Germany    Born Brazil 
Self-made in Mining, founded EBX Group in 1983

Education:  Dropout  University of Aachen 

Here is picture of Eike Batista 




Here is my youtube link to Eike Batista 
https://www.youtube.com/watch?v=B8YE5m3ct6I
How did he get rich?  First by gold mines. 
Yes, in his 20s, he was a pioneer and he invented alluvial mining method to extract gold deep in the Amazon jungle. 


Eike Batista is important because he holds 2 record
#1  He was the richest man in Brazil in 2013

#2  He holds the records of having lost more than $35 Billion


In 2012, he was the world's seventh richest man with a net worth of $35 Billion

By 2015, his net worth had become - $1B (negative)

Worst yet to come. 

In January 2017, he was arrested and put in jail for corrupton.

In April, 2017, he was released but placed under house arrest.

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