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Brazilian business magnate, Eike Batista, has an estimated net worth of -$1 billion.

Image result for Eike Batista 2018

The founder and chairman of Brazilian conglomerate EBX Group, Batista was once the richest man in the Southern hemisphere, and the seventh richest in the world, with a fortune worth as much as $34.5 billion in early 2012.

An implosion of several of his stocks in 2013, brought on by the revelation that his oil business was running out of oil to tap, put Batista's bank account in free fall. Within the year, his worth had dropped several billion dollars to its present low.

He was married to Brazilian model Luma de Oliveira from 1991 to 2004. They have two sons.

Earnings & Financial Data

Date

Category

Description

Amount

2018

Asset

Purchase value of Eike Batista's Gulfstream jet

$61,000,000

2018

Asset

Purchase value of Eike Batista's Mercedes-Benz SLR McLaren

$1,200,000

2014

Sale of Asset

Sale of Eike Batista's Lamborghini Aventador

$1,100,000

2014

Asset

Funding plan for Eike Batista's oil unit Oleo & Gas Participacoes SA to finance operations and pay a bridge loan related to bankruptcy protection

$125,000,000

2013

Asset

Estimated value of Eike Batista's 61% stake in oil and gas driller OGX Petroleo e Gas

$3,700,000,000

2012

Sale of Asset

Sale of Eike Batista's 0.8% stake in EBX to U.S. conglomerate GE

$300,000,000

2012

Sale of Asset

Sale of Eike Batista's 5.6% stake in his umbrella EBX Group to Abu Dhabi government investment fund Mubadala

$2,000,000,000

2008

Sale of Asset

Sale of Eike Batista's shares in MMX to South Korea’s SK Networks

$700,000,000

2008

Sale of Asset

Sale of Eike Batista's 22% of shares in MMX to China’s Wuhan Iron and Steel

$400,000,000

2008

Sale of Asset

Sale of Eike Batista's shares in MMX’s three mines to Anglo American

$5,500,000,000

2006

Asset

Purchase value of Eike Batista's super yacht called Spirit of Brazil

$19,000,000

1981

Asset

Investment of two gold traders in Rio de Janeiro in his new enterprise, one which saw him organize shovel miners in the Amazon to dig for gold

$500,000