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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (101269)6/20/2013 1:21:52 AM
From: Snowshoe  Respond to of 218130
 
>>How long has this been going on?<<

Long enough for Eike Batista to lose over $20 billion...

Biggest Loser Of The Year, Eike Batista Lost More Than $2 Million Per Hour
forbes.com




The Awful Truth About Brazil's Protests: The 'Country Of The Future' Is Still Hostage To Its Past

forbes.com

Just two years ago, as a guest in the Brazilian political talk-show Roda Viva, Eike Batista called Bill Gates “monothematic.” According to the man who lost the biggest amount of money in the world last year, the founder of Microsoft MSFT -1.08% erroneously dedicated too much of his time to the founding of the company. Batista, as he explained, was the ultimate modern entrepreneur for creating not one but many companies from the scratch, all at the same time, and with activities in different sectors and destined to be worth billions of dollars each.

Gates’ alleged monotheism has brought him back to the top spot in Forbes’ Worlds Billionaires list, replacing Mexican tycoon Carlos Slim — a task, it must be remembered, that a multitasked Batista promised in 2010 he would perform himself. Now worth roughly $6 billion, down from $30 billion in March 2012, Batista has seen the value of his six listed, pre-operational and heavily public-funded companies fall by as much as 78%. And that was in 2013 alone.