Eike Batista
Encyclopedia
Eike Fuhrken Batista is a Brazilian entrepreneur and president of the EBX Group , which includes five companies that trade on the BOVESPA
´s Novo Mercado, a special segment of the São Paulo stock market where enterprises with the highest standards of corporate governance are listed. The EBX companies listed on the BOVESPA are: OGX (oil and gas), MPX (energy), LLX (logistics), MMX (mining) and OSX (offshore services and equipment).
and Fernando Collor administrations and a former president of Companhia Vale do Rio Doce , then wholly a state enterprise, between 1961-1964 and 1979-1986. His mother, Jutta Batista, was born in Germany
and, from her, Batista says he learned self-esteem and discipline, attributes he considers crucial to his formation as an entrepreneur . After spending his childhood in Brazil, Batista and his family moved to Europe
when he was a teenager, due to his father’s occupation. They lived in Geneva, Düsseldorf, and Brussels. In 1974, he began to study metallurgical engineering at the University of Aachen in Germany. When he was 18 years old, his parents returned to Brazil, yet Batista remained abroad and began selling insurance policies door-to-door to make his living. In interviews, he often mentions that the "stress" and the lessons learned from this experience were essential for his education.
Eike Batista returned to Brazil in the early 1980s and focused his attention on the gold and diamonds trade. He established himself as a salesman, contacting producers in the Amazon
area and buyers in large metropolitan centers in Brazil and Europe. When he was 21 years old, he started a gold trading firm, called Autram Aurem, using the Inca Sun as the company trademark and symbol. A year and a half later, the company had earned US$ 6 million.
His entrepreneurial instinct and talent led him to implement the first mechanized alluvial gold mining plant in the Amazon, marking the beginning of the EBX Group. At age 29, he became CEO of TVX Gold, a company listed on the Canadian Stock Exchange, thus initiating his relationship with global capital markets. From 1980 to 2000, he created US$ 20 billion in value with the operation of eight gold mines in Brazil and Canada and a silver mine in Chile . Between 1991 and 1996, the value of his company more than tripled.
Batista married the model Luma de Oliveira
in 1991, and divorced her in 2004. They had two boys, Olin and Thor. Batista enjoys running, swimming and practices marine sports. In the 90s, he was the Brazilian, U.S. and World Champion in the Super Offshore Powerboat class. In 2006, he covered the 220 nautical miles between Santos and Rio de Janeiro in 3h01m47s and beat the record for the course in his boat, the Spirit of Brazil. Batista maintains an active digital life, with a personal site with articles, videos and news about his companies. The digital channel that Batista has chosen as his primary means of personal communication is Twitter . His profile on Twitter has over 400,000 followers, who respond to his messages and interact with him. Batista is fluent in five languages – Portuguese, German, English, French and Spanish .
magazine as the 8th richest person in the world and the richest in South America
. His wealth is estimated at US$ 30 billion .Eike Batista was also featured in Bloomberg Markets magazine as the only Brazilian on the list of the 50 most influential people in global finance, published for the first time in September of 2011 . The magazine focused on people “whose comments move markets; whose deals set the value of companies or securities; whose ideas and policies shape corporations, governments and economies”.
At the end of 2010, the magazine ranked Batista as the 58th most powerful person in the world , placing him as Brazil's most powerful person after the current president of Brazil, Dilma Rousseff . The newspaper Folha de S. Paulo
describes Batista as an example of a "self-made man", an entrepreneur with a fortune acquired through his own efforts (and not through inheritance).
The top-ranked Brazilian in March of 2008, on the Forbes magazine list, was Antonio Ermírio de Moraes, in 77th place with a family estate of US$ 10 billion. Another 17 Brazilians were on the list, including Batista (who in 2008 said his goal was to become the richest man in the world in five years). In 2008 Batista’s fortune was estimated at US$ 6.6 billion and he was ranked at the 142nd place on the list of the richest men in the world. In 2009, he moved up to the 61st position and was considered the richest man in Brazil.
According to the Brazilian weekly magazine Época
, Batista is one of the 100 most influential men in Brazil of 2010. IstoÉ
magazine has also listed Batista as one of the 100 most influential people in 2010. In 2011, Batista was included in the 1,000 CEOs ranking by Dinheiro magazine.
Batista has benefited from three decades of experience in international business and has an ability to "generate wealth from scratch" . Since the 1980s, Batista created and put into operation eight gold mines in Brazil and Canada
(Amapari, Casa Berardi, Crixás, Musselwhite, New Britania, Novo Astro, Novo Planeta and Paracatu), a silver mine in Chile (La Coipa), and three iron ore mines in Brazil (Mina 63, Tico-Tico and Ipé).
From 2004 to 2010 Eike Batista created and put into operation five companies: MMX (mining), MPX (energy), OGX (petroleum), LLX (logistics) and OSX (offshore industry).
and Mato Grosso do Sul
and has put into operation the first commercial-scale solar power plant in Brazil
. The Group is making investments of an estimated US$ 15.5 billion between 2011 and 2012 in Brazil and is responsible for projects of significant scale in the country, such as the LLX Açu Superport in São João da Barra (RJ), the MMX Sudeste Superport in Itaguaí (RJ), and the MPX thermal power plants in Itaqui (MA) and Pecém (CE). These important energy and infrastructure projects are being executed in parallel to OGX´s exploratory campaigns in Campos
(RJ), Santos (SP) and Parnaíba (MA) basins, which have resulted in oil and gas discoveries. There are currently 20,000 people working in the construction and operation of the Group’s projects .
The EBX Group is headquartered in Rio de Janeiro
and also operates in nine Brazilian states. It has offices in New York
(USA), Colombia
and Chile
.
Since the early 2000s, Batista focused his efforts primarily in the areas of natural resources, energy and infrastructure.
Bovespa
The BM&FBOVESPA is a stock exchange located at São Paulo, Brazil. As of December 31, 2010 it had a market capitalization of US $1.54 Trillion, making it one of the largest in the world. On May 8, 2008, the São Paulo Stock Exchange and the Brazilian Mercantile and Futures Exchange merged,...
´s Novo Mercado, a special segment of the São Paulo stock market where enterprises with the highest standards of corporate governance are listed. The EBX companies listed on the BOVESPA are: OGX (oil and gas), MPX (energy), LLX (logistics), MMX (mining) and OSX (offshore services and equipment).
Biography
Batista is one of seven children of businessman Eliezer Batista , who was Minister of Mines and Energy in the João GoulartJoão Goulart
João Belchior Marques Goulart was a Brazilian politician and the 24th President of Brazil until a military coup d'état deposed him on April 1, 1964. He is considered to have been the last left-wing President of the country until Luiz Inácio Lula da Silva took office in 2003.-Name:João Goulart is...
and Fernando Collor administrations and a former president of Companhia Vale do Rio Doce , then wholly a state enterprise, between 1961-1964 and 1979-1986. His mother, Jutta Batista, was born in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
and, from her, Batista says he learned self-esteem and discipline, attributes he considers crucial to his formation as an entrepreneur . After spending his childhood in Brazil, Batista and his family moved to Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
when he was a teenager, due to his father’s occupation. They lived in Geneva, Düsseldorf, and Brussels. In 1974, he began to study metallurgical engineering at the University of Aachen in Germany. When he was 18 years old, his parents returned to Brazil, yet Batista remained abroad and began selling insurance policies door-to-door to make his living. In interviews, he often mentions that the "stress" and the lessons learned from this experience were essential for his education.
Eike Batista returned to Brazil in the early 1980s and focused his attention on the gold and diamonds trade. He established himself as a salesman, contacting producers in the Amazon
Amazon Basin
The Amazon Basin is the part of South America drained by the Amazon River and its tributaries that drains an area of about , or roughly 40 percent of South America. The basin is located in the countries of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, and Venezuela...
area and buyers in large metropolitan centers in Brazil and Europe. When he was 21 years old, he started a gold trading firm, called Autram Aurem, using the Inca Sun as the company trademark and symbol. A year and a half later, the company had earned US$ 6 million.
His entrepreneurial instinct and talent led him to implement the first mechanized alluvial gold mining plant in the Amazon, marking the beginning of the EBX Group. At age 29, he became CEO of TVX Gold, a company listed on the Canadian Stock Exchange, thus initiating his relationship with global capital markets. From 1980 to 2000, he created US$ 20 billion in value with the operation of eight gold mines in Brazil and Canada and a silver mine in Chile . Between 1991 and 1996, the value of his company more than tripled.
Batista married the model Luma de Oliveira
Luma de Oliveira
Luma de Oliveira is a former model, actress and Brazilian carnival queen. She was Madrinha da Bateria for a number of samba schools up until 2005, before returning to the role for the famous Portela school in 2009.-Early life:Luma was born in the hospital of Cantagalo, in the...
in 1991, and divorced her in 2004. They had two boys, Olin and Thor. Batista enjoys running, swimming and practices marine sports. In the 90s, he was the Brazilian, U.S. and World Champion in the Super Offshore Powerboat class. In 2006, he covered the 220 nautical miles between Santos and Rio de Janeiro in 3h01m47s and beat the record for the course in his boat, the Spirit of Brazil. Batista maintains an active digital life, with a personal site with articles, videos and news about his companies. The digital channel that Batista has chosen as his primary means of personal communication is Twitter . His profile on Twitter has over 400,000 followers, who respond to his messages and interact with him. Batista is fluent in five languages – Portuguese, German, English, French and Spanish .
National and international rankings
In 2011, Batista was listed by ForbesForbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
magazine as the 8th richest person in the world and the richest in South America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...
. His wealth is estimated at US$ 30 billion .Eike Batista was also featured in Bloomberg Markets magazine as the only Brazilian on the list of the 50 most influential people in global finance, published for the first time in September of 2011 . The magazine focused on people “whose comments move markets; whose deals set the value of companies or securities; whose ideas and policies shape corporations, governments and economies”.
At the end of 2010, the magazine ranked Batista as the 58th most powerful person in the world , placing him as Brazil's most powerful person after the current president of Brazil, Dilma Rousseff . The newspaper Folha de S. Paulo
Folha de S. Paulo
Folha de S. Paulo, known simply as Folha , is a Brazilian daily newspaper founded and continuously published in São Paulo since 19 February 1921. Owned by the Frias de Oliveira family since 1962, it has Brazil's largest circulation since 1986. Alongside O Globo and O Estado de S...
describes Batista as an example of a "self-made man", an entrepreneur with a fortune acquired through his own efforts (and not through inheritance).
The top-ranked Brazilian in March of 2008, on the Forbes magazine list, was Antonio Ermírio de Moraes, in 77th place with a family estate of US$ 10 billion. Another 17 Brazilians were on the list, including Batista (who in 2008 said his goal was to become the richest man in the world in five years). In 2008 Batista’s fortune was estimated at US$ 6.6 billion and he was ranked at the 142nd place on the list of the richest men in the world. In 2009, he moved up to the 61st position and was considered the richest man in Brazil.
According to the Brazilian weekly magazine Época
Época
Época is a Brazilian weekly news and analysis magazine. Since its inception in 1998, it has become one of the country's most widely read magazines...
, Batista is one of the 100 most influential men in Brazil of 2010. IstoÉ
Istoe
Revista ISTOÉ is a weekly news magazine in Portuguese published in Brazil, roughly the equivalent of the American magazines Time or Newsweek. It is considered one of the four main magazines being published in the country, along with Veja, Época and CartaCapital....
magazine has also listed Batista as one of the 100 most influential people in 2010. In 2011, Batista was included in the 1,000 CEOs ranking by Dinheiro magazine.
Batista has benefited from three decades of experience in international business and has an ability to "generate wealth from scratch" . Since the 1980s, Batista created and put into operation eight gold mines in Brazil and Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
(Amapari, Casa Berardi, Crixás, Musselwhite, New Britania, Novo Astro, Novo Planeta and Paracatu), a silver mine in Chile (La Coipa), and three iron ore mines in Brazil (Mina 63, Tico-Tico and Ipé).
From 2004 to 2010 Eike Batista created and put into operation five companies: MMX (mining), MPX (energy), OGX (petroleum), LLX (logistics) and OSX (offshore industry).
EBX
The EBX Group produces iron ore in Minas GeraisMinas Gerais
Minas Gerais is one of the 26 states of Brazil, of which it is the second most populous, the third richest, and the fourth largest in area. Minas Gerais is the Brazilian state with the largest number of Presidents of Brazil, the current one, Dilma Rousseff, being one of them. The capital is the...
and Mato Grosso do Sul
Mato Grosso do Sul
Mato Grosso do Sul is one of the states of Brazil.Neighboring Brazilian states are Mato Grosso, Goiás, Minas Gerais, São Paulo and Paraná. It also borders the countries of Paraguay and Bolivia to the west. The economy of the state is largely based on agriculture and cattle-raising...
and has put into operation the first commercial-scale solar power plant in Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
. The Group is making investments of an estimated US$ 15.5 billion between 2011 and 2012 in Brazil and is responsible for projects of significant scale in the country, such as the LLX Açu Superport in São João da Barra (RJ), the MMX Sudeste Superport in Itaguaí (RJ), and the MPX thermal power plants in Itaqui (MA) and Pecém (CE). These important energy and infrastructure projects are being executed in parallel to OGX´s exploratory campaigns in Campos
Campos dos Goytacazes
Campos dos Goytacazes is a municipality and city located in the northern area of Rio de Janeiro State, Brazil, with a population of 463,545 inhabitants. Its area is 4,031.910 km², which makes it the largest municipality in the state and its elevation is 14 m...
(RJ), Santos (SP) and Parnaíba (MA) basins, which have resulted in oil and gas discoveries. There are currently 20,000 people working in the construction and operation of the Group’s projects .
The EBX Group is headquartered in Rio de Janeiro
Rio de Janeiro
Rio de Janeiro , commonly referred to simply as Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil, and the third largest metropolitan area and agglomeration in South America, boasting approximately 6.3 million people within the city proper, making it the 6th...
and also operates in nine Brazilian states. It has offices in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
(USA), Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...
and Chile
Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...
.
Since the early 2000s, Batista focused his efforts primarily in the areas of natural resources, energy and infrastructure.
MMX
MMX is the mining company of the EBX Group, with integrated logistics and low production costs. The company has projects in the Brazilian states of Minas Gerais and Mato Grosso do Sul, as well as in the country of Chile.MPX
MPX operates in the energy industry in Brazil, Chile and Colombia. The company has complementary businesses in power generation, coal mining and exploration and production of natural gas. MPX is responsible for the first commercial solar power plant in Brazil in the city of Tauá (CE).OGX
OGX is the EBX Group company which carries out activities in the exploration and production of oil and natural gas. The company is responsible for the largest private sector exploratory campaign under way in Brazil, with a success rate in exploratory wells of more than 90%.LLX
LLX is the logistics company of the EBX Group, responsible for building the Açu Superport , in the state of Rio de Janeiro, projected to be the largest port-industrial complex in Latin America.OSX
OSX operates in the offshore shipbuilding industry and is constructing the largest shipyard in the Americas, the "Embraer of the Sea," at the Açu Superport (an LLX project) industrial complex. The company also provides services to the offshore oil and natural gas industry in three different segments: shipbuilding, in the charter of Exploration and Production (E&P) equipment and Operation and Maintenance (O&M).Enterprises
Major companies founded by Eike Batista:- EBXEBXEBX may refer to:* EBX , a four-volume box set by the band Erasure* EBX Group, a Brazil-based company group with oil-based business* Embedded Board eXpandable, a computer motherboard form factor...
- OGX
- MPXMPXMulti-pointer X is a part of X input extension and previously a modification to the existing X.Org implementation of the X Window System. MPX provides multiple independent pointers at the windowing system level. These cursors are all connected to one computer...
- MMX
- LLX
- OSX
- REX
- AUX
- IMX
- Gloria Palace
- Marina da Glória
- MDX
- BEAUX
- MR.LAM
- PINK FLEET
- RJX