Meet The Man Who Lost $25 Billion In One Year

Meet The Man Who Lost $25 Billion In One Year
Eike Batista, Chairman and CEO, EBX Group speaks during the 'Global Overview: Shifting Fortunes' lunch panel at the Milken Institute's Global Conference 2012 in Beverly Hills on April 30, 2012 in California. Also on the panel were Gao Xiqing, Vice Chairman and President, China Investment Corp.; Scott Minerd, Chief Investment Officer, Guggenheim Partners; Barry Sternlicht, Chairman and CEO, Starwood Capital Group and Chris Viehbacher, CEO, Sanofi. AFP PHOTO/Frederic J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/GettyImages)
Eike Batista, Chairman and CEO, EBX Group speaks during the 'Global Overview: Shifting Fortunes' lunch panel at the Milken Institute's Global Conference 2012 in Beverly Hills on April 30, 2012 in California. Also on the panel were Gao Xiqing, Vice Chairman and President, China Investment Corp.; Scott Minerd, Chief Investment Officer, Guggenheim Partners; Barry Sternlicht, Chairman and CEO, Starwood Capital Group and Chris Viehbacher, CEO, Sanofi. AFP PHOTO/Frederic J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/GettyImages)

A year ago, Eike Batista was Brazil's richest man, and his goal of climbing to No. 1 in the world seemed within reach.

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