Billionaire Batista in Talks to Sell $1 Billion EBX Stake
Billionaire Batista in Talks to Sell $1 Billion EBX Stake
via Billionaire Batista in Talks to Sell $1 Billion EBX Stake.

Eike Batista in Veja magayine
as the billionaire continues his quest to become the world’s richest man.
“Imagine me getting my engine and adding another turbo charger,” Batista said in a telephone interview from Rio de Janeiro late yesterday. Earlier in the day he had announced a deal to sell 5.63 percent of his empire of commodity companies to Abu Dhabi’s Mubadala Development Co. for $2 billion.
The Brazilian mining and energy magnate has seen his net worth surge 17.6 percent this year to $26.5 billion, making him the 11th richest person on Earth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s wealthiest.
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Richard Meijer
What I am doing: Besides running a privately hold real estate business I am blogging om MasterclassBrazil.com. MasterClass Brazil was set up to provide a one-stop source of deep-knowledge for the growing foreign business community in Brazil.
Why: Having been in Brazil for around 20 years, I have seen many big companies, expats and individuals failing miserably. I have burned myself once in Brazil, setting up ProgressOil, a company focused on the supply of Brazilian castor oil. I am now running a privately hold real estate business in Brazil.
From all these experiences I have learned a lot. Despite the fact that I speak the language reasonable well, have a strong network and understand the do's and don'ts better, I am absolutely not saying I am an expert or specialist. Everyday I am learning new things and I believe Brazil is changing in such a rapid pace that the only way to survive in Brazil is to generously absorb and understand the information available to you.
From my experience I have learned that there is a lot of information, facts and data about Brazil. I have set up MasterClassBrazil to structure this information so you can turn it in true knowledge, enabling you to be successful in your endeavors.
There is nothing in the world so rewarding as sharing expertise and knowledge.
Richard Meijer