The End Of The Road For Eike Batista

Rupert Hargreaves

Published onOctober 30, 2013

Updated on May 13, 2021

Eike Batista has been in the news a lot this year. Previously Brazil's richest man, Eike has lost around 99% of his $34 billion fortune within the space of a year. However, now Eike Batista is coming to the end of the road as his flagship oil company, OGX Petroleo e Gas Participacoes SA (BVMF:OGXP3) (OTCMKTS:OGXPY) is currently in line to file for bankruptcy protection within the next few days.

Table of Contents

Eike Batista’s OGX bankruptcy

This latest chapter the billionaire's impressive fall from grace would result in Latin America's biggest corporate bankruptcy to date. Additionally,...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

The End Of The Road For Eike Batista

Eike Batista’s OGX bankruptcy

Login required to continue reading.

Get Your Business News