1. His net Worth Dropped
After the Brazilian Billionaire turned 57 everything fell apart for him. His oil firm OGX filed for bankruptcy.
That will be easy to take if that was his only problem. His other company OSX, the one that builds ships was set up to supply several companies with ships and platforms but it fell into bankruptcy as well due to its heavy debt.
He was forced to give up control of his energy company MPX to Germany’s E.ON.
As the result of his bad decisions, Batista’s net worth has fallen dramatically until it reached a point where it couldn’t fall anymore.
His net worth in 2014 is estimated to $0, he lost everything due its own mistakes.
Bloomberg reported this January that Batista “has a negative net worth”. Plus, there are some companies that are suing him.
He seems to be in a lot of trouble. Do you think he is coming back in gold business?
Also, he stated that he would leave no creditor unpaid, and that he would fulfill all of his debt obligations.
