Eike batista biography wwe
Go to Peacock. Go to Sony LIV. Go to Shahid. Go to Flow. Superstar Stats Batista. Weight lbs. Eike Batista is one of the richest Businessperson from Brazil. Last Update: December 11, Eike Batista height Not available right now. According to our records, Eike Batista married to Luma de Oliveira. Relationships Record : We have no records of past relationships for Eike Batista.
You may help us to build the dating records for Eike Batista! Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Brazil. Eike Batista celebrates birthday on November 3 of every year. As ofdue to falling commodity prices, none of his enterprises were profitable despite substantial infusions of cash by the Brazilian government, and Batista was engaged in desperate efforts to shed assets and meet the demands of creditors.
Today, Eike Batista is sitting in a Brazilian prison cell with a negative net worth. How on earth did Eike Batista fall that fast and that far? Batista was considered the most daring and successful entrepreneur in a generation in Brazil. He was raising money to develop his oil and mining businesses. By July ofBatista was no longer a billionaire.
Eike batista biography wwe: The year-old, who bankrolled the
The main contributor Batista's downfall was and is OGX, his oil and gas company. His fields simply did not produce as promised. In January OGX estimated production of 15, barrels of oil a day not that greatthen in May ofone of its fields dropped to 10, a day. Then expectations for some fields fell even farther, to 5, barrels a day, in June of He wrote:.
More than anyone, I wonder where I went wrong. What should I have done differently?
Eike batista biography wwe: Edina Alves Batista, Brazilian
A first question might be linked to the funding model I chose for the companies. Today, if I could go back in time, I would not have resorted to the stock market. I would have a structured private-equity firm that would allow me to create from scratch and develop over at least 10 years each company. And they would all remain private until I was sure that it was time to go public.
In the projects that I conceived, time proved a vital stress factor for the reversal of expectations on companies bearing broadly satisfactory results and valuable assets. What has happened since it became clear that OGX would not be able to deliver the results that once seemed possible to achieve? H ave I suddenly become a reckless adventurer who marshals resources for his own benefit and does not care if I will deliver what I had advertised?
Today it is hard to remember, but OGX was built by some of the crowned heads by decades of services to reputed companies. I did not invest in the oil industry without surrounding myself of those I and the market understood to be among the most skilled professionals one could find. When winning the fields it got, expectations around OGX were sky high.
I lost and have been losing billions of dollars with OGX. Does someone who wishes to mislead the other do so at a cost of billions of dollars? But I did not. No one has lost as much as I did, and it is fitting that it be so. Batista wants bondholders, like PIMCO the largest bond fund in the world, to restructure his debt, and bondholders have retained lawyers and hired Rothschilds to review the deal.
Eike batista biography wwe: Eike Batista, Brazilian mining
Last month, Batista got Mubadala restructured his debt — why not his bondholders? Batista has denied filing for bankruptcy protection, though it was reported in Sao Paulo newspaper, 'Veja'. On the other hand Batista said during the interview, pausing and staring into space for a moment. It has already started, literally this month," he added.
Batista was born in Brazil in and moved to Germany when he was a teen. Arrest, conviction and sentencing [ edit ]. References [ edit ]. European CEO. Archived from the original on 20 July Archived from the original on 27 September Retrieved July 9, March Bloomberg Businessweek. Archived from the original on 25 September Retrieved 1 August Archived from the original on 1 September Archived from the original on 1 March The Guardian.
Retrieved 14 July Retrieved 8 August Financial Times. Retrieved 5 January Folha de S. The New York Times. Retrieved 24 November Paulo in Portuguese. Archived from the original on 24 January Wall Street Pit. Archived from the original on 23 March World News. Archived from the original on 21 March Financial Post. Wall Street Journal. Retrieved July 5, Latin Business Chronicle.
Archived from the original on 7 June