I'm Brazilian and the video is very well done, but even today Eike Batista is a millionaire... Brazil is a box of surprises. But Eike Batista got rich based on speculations and promises allied to the Lula government. The corruption scandals that involved Petrobras and Eike's companies simply served to show the reality. All that Eike had in the billions was nothing but investors who were duped. They bet millions on something that didn't exist. But as I said, Eike is still a millionaire and his 40 million yacht can still be seen parked in front of his mansion in Angra dos Reis, which is busy on weekends, with luxurious parties fueled by dirty money. Welcome to Brazil!
Falou besteira, o yatch já foi leiloado, ele só tem a casa em Angra e a casa da Lagoa, quase certo que ele vai perder a de Angra, so nao perde a da Lagoa porque a lei protege uma casa, e se não me engano ele está preso nesse momento
I'm Brazilian, and many of us see Eike as a genius who corrupted himself in the face of an even more corrupt state, it's really a shame what happened to him
@@jinz0 lol you need to stop being brainwashed by the American media, this is not a issue that we think at all, just the foreigners trying to interfere in our nature to their own purposes
I personally see him as a corrupt genius, who went from a few hundred millions to 1 billion tricking everyone with IPOs on empty companies he created out of thin air.
Did he ever even help the poverty situation in Brazil ? Him being the richest person there I’m sure he could have done something - anything. Just didn’t expect him to do nothing.
3 года назад
@@agi1013 Luckily, president Lula completely ended poverty in Brazil, so Eike never needed to worry about that.
Life can go from 0 to 100 in a sec as from 100 to 0. There is no person in this world who just make money. Loosing is a part of road to success. But interesting topic non the less
Diversification wasn't exactly the problem. One of the major problems is that he had a, as he would call it, "360 degree vision" ideology . Basically, when company A was making a lot of money he built company B to supply company A, then company C to supply C... as you can see his companies were all related to something that the other needed (Mines, Electricity, Oil, Ships, Logistic), once the strongest ones (Oil and Mines) failed, the rest went down with them as well.
@@lucasp8047 I acknowledge what he was trying to do but companies don’t fail when they have money that they can come up EASILY like Apple for example with about $200-$250BIL in paper money. He built the companies too quickly with BARELY to no emergency funds saved aside in case something happened. He wasn’t thinking about any risks. He simply wasn’t prepared enough to deal with the situation he’s currently in. He built key fundamental support companies too fast. He never thought of any risks in the future otherwise he wouldn’t have lost them.
I almost see the same thing happening to Jack Ma, it's really frightening how you can lose such a huge amount in such a short time. Literally from top to bottom in the blink of an eye.
You have to realize some of this was self inflicted. Instead of selling his assets he should have held onto what he had and considered abandoning the oil company that sank him. But hey I mean that's easier said than done, in business you have to decide when to pivot or stay
Oh it could be something... It is much more plausible that he conducted shady schemes all his live and finally when he ran out of money and the media started puting pressure, public officials stoped covering up...
*EVERY FAMILY HAS SOMEONE WHO BREAKS THE CHAIN OF POVERTY IN THAT FAMILY,I PRAY YOU BE THE ONE, KEEP INVESTING! AND REINVESTING!! UNTILL IT BECOMES A CULTURE!!!*
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong
It feels there was a conspiracy against him and some officials wanted him down, and then bad luck in markets finished the job. But i admire him anyway and hope to see him successful again
He bribed people, took part in insider trading, and pushed natives out of the amazons and you admire this man? He is a crook who couldn't deliver on any of his promises and got rich by duping investors. What exactly do you admire?
No way he can make a come back! He benefited from favorable trends during a time, then showed he had no knowledge of planning for stability when the market conditions changed, and his empire folded like a house of cards. One hit wonder, though he worked hard for a while, he was still just a side-effect of the world around him, rather than someone who formed the world into his own vision of things.
Probably not , but u just never know lol , if he doesn't make it back, it because karma got the best of him
3 года назад+1
You underestimate others' tendency for second chances, and when you know people who can afford to lend you million or billions... Elon Musk of all people is an amazing example of how far that can carry you.
He bit off more than he could chew mostly by 1) going public. He did not know how to 2) diversity also. Both lessons are taught heavily in business school maybe he didn't pay attention to the risks of those 2.
Watch him comeback, this man is a genius, got no money, empire went to ruin, but still got the lion mentality in him, who does it once does it twice, he didn't get lucky the first time
@@warrenarnold true haha, honestly if I made even close to $1B I would just put it in index funds and live a happy retirement from the dividends, greed is the deadliest sin
@@donb2527 yes thats y u are prolly not a billionaire, you need almost always a touch of psycho and a good moral complacency for such money to come your way
I have got to understand now that. A lot of Americans don't even think about investlng little of there money and then grow there portfolio instead they wait for NFP every first Friday of every month hoping there are more employment.
I like how all you finance youtubers take turns covering the same material. 5th Eike Batista documentary I've seen this month. It's like "copy my homework but change the answers a little". Very interesting to see.
Always thank you-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MIGHTYPROMINERS.COM for the profit on my 2.7 bitcoin I invested with you it is a simple concept that seems complicated if not well explained. At its core, mining is the process of verifying a transaction so that it is added to the public ledger known as blockchain. Transactions are added in blocks. All you need to verify a Bitcoin transaction is an internet enabled computer with a software program linked to the blockchain.
Well this video put him in good light... he was a conman in many occasions, and corrupt too... there was so much "blame" left there after investigations you could fill a truck with it ... everyone involved deserved what was coming for them...
He bribed people, took part in insider trading, and pushed natives out of the amazons. He is a crook who couldn't deliver on any of his promises and got rich by duping investors.
just do something that will earn you some money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life could be like without your usual income stream and everyone had to stay home. Well I never felt it because I invested in a trading company where I earn 4 digit per week. The best thing you can do for yourself is invest more and spend less
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched I think I'm interested how can I get in touch with his company
*I have traded with alot of individuals but i have never come across anyone as good as Mrs Maureen applying her stratergies, i now trade indenpendently..she is the best id advice any novice in investing to trade with her*
will forever be indebted to you😇 you have changed my whole life i will continue to preach about your name for the world to her you have saved me from a huge financial debt with just little investment thanks so much Mrs Maureen
There is really no country restriction in her company,,, I'm investing with her from Switzerland.. The fruitfulness of your trading lies on the account manager or the expert
Mrs Maureen has brought me out of the wrenches and to a better living through trading options. I encourage newbies to trade with her Trade with her and remember to share testimonies with others
Sounds like Eike got what's coming to him. His companies were going under and didn't have the money or power to keep his criminal activities from being brought to light.
To be honest, i think he can come back, Eike mistake was to think that the brazilian state machine would act like Korea where the sate would protect the rich, in reality the state here is teilored to protect the peninsulares ( court system, public workers, politicians ) and rich people have not as much influence as in other countrys.
The spirit is indomitable and yes he will definitely make a comeback ... Money wouldn't be issue here.... But reaching 35 billion will definitely take a long time.... A man who can build rome once can build it again too
yea but idk , times could be diffferent , he is old , he still has debt , competitors may already overtake the industry etc . it's harder than than when he first started ( i know he will have experience and know how to avoid mistakes but obstacles seem harder to overcome )
The best symbol of Brazil from the years 2005 to 2015, now we are in shit again, as always, a new lost decade, we are a mess since colonization and we will continue to be
Well , he was a big man with big ambitions , too bad his dream is too big for him to handle . Sometimes you have to know where to stop , I quit my job in 2016 and instead of starting a company I rather do it alone so I don't have any burden , one man army in Real Estate , now I have 3 house all rent out and a bag of gold coins . Ofc , I will buy more later but do it slow and steady
Pure corruption and politics for business and uncontrollable debts. He couldn't be never come back again because of over debt. Debt is very powerful in bilateral direction.
Ike could make a come back only if he gets his hands on lithium or nickle which are going to explode in the next few years as entire world scrambles for them to power their EVs and electrification. However Brazil seems to have lost out their shape and corrupt leaders and lack of educated public won't help it either. Most likely china is going to gobble upp their mines. Ike can actually become a middle man for the Chinese but that's too risky as defaulting the Chinese only means death except you live in USA like Le Eco's founder.
You'd think with that much money he'd have a way to put $1 billion aside not leveraged or tied to anything else just in case things went wrong - which in this case they did. That way you still get to live the billionaire lifestyle. It seems his ego and narcissism though, meant he would only be happy and satisfied if he could say he was the richest man in the world.
I'm Brazilian and the video is very well done, but even today Eike Batista is a millionaire... Brazil is a box of surprises. But Eike Batista got rich based on speculations and promises allied to the Lula government. The corruption scandals that involved Petrobras and Eike's companies simply served to show the reality. All that Eike had in the billions was nothing but investors who were duped. They bet millions on something that didn't exist. But as I said, Eike is still a millionaire and his 40 million yacht can still be seen parked in front of his mansion in Angra dos Reis, which is busy on weekends, with luxurious parties fueled by dirty money. Welcome to Brazil!
Thanks Derek, I appreciate the positive feedback!
Sign me up please! Eu amo bagunca 🤪
When can I move in? LOL
But I thought he was in jail?
Falou besteira, o yatch já foi leiloado, ele só tem a casa em Angra e a casa da Lagoa, quase certo que ele vai perder a de Angra, so nao perde a da Lagoa porque a lei protege uma casa, e se não me engano ele está preso nesse momento
Sooooooo I’m over a billion dollars richer than him??? Wow, I’m awesome!
Shoot, you’re $200 million in debt?
@@LogicallyAnswered lmao, good one
@@LogicallyAnswered he said "over" 😄
@@LogicallyAnswered is not bad, i think i can die in peace knowing that once i ate some 200 mils of some people 😂😂
@Jerv what did you do to get $200 million debt man
It'll be amazing if he can make a comeback to go from -$1,200,000,000 to $35.
He will NEVER MAKE IT
😂
If he buys SSOL now he will be rich again....Sweet SOL (SSOL) topping the list with its impressive 3035.55% rate increase over the last 24 hours.
I'm Brazilian, and many of us see Eike as a genius who corrupted himself in the face of an even more corrupt state, it's really a shame what happened to him
don't people hate him for polluting and destroying the nature there?
@@jinz0 lol you need to stop being brainwashed by the American media, this is not a issue that we think at all, just the foreigners trying to interfere in our nature to their own purposes
I personally see him as a corrupt genius, who went from a few hundred millions to 1 billion tricking everyone with IPOs on empty companies he created out of thin air.
Did he ever even help the poverty situation in Brazil ? Him being the richest person there I’m sure he could have done something - anything. Just didn’t expect him to do nothing.
@@agi1013 Luckily, president Lula completely ended poverty in Brazil, so Eike never needed to worry about that.
Life can go from 0 to 100 in a sec as from 100 to 0. There is no person in this world who just make money. Loosing is a part of road to success. But interesting topic non the less
Well said my friend
@@LogicallyAnswered 👍👍👍
Fax
Very well said! I think we all get caught in the thought process that we are supposed to keep growing and growing until the sun sets.
@@JavTheRipper Greed is human nature. And one thing is sure, that nothing is sure.
eike thought he was diversified but he wasn't - went big on the natural resources industry
Yep
Thats not the reason
His fellow Brazilians he wanted to make proud secretly hated him qnd worked against him
@@funnyskits5204 hahahaha what?
You guys think of him of something of a hero. We brazilians look to him as a croocked businessman. His mistake was tempering with the stock Market
He diversified too quickly IMO. He wasn’t perfecting his previous companies before making something new. He moved too quickly.
True
Only master 5 kind of busines max, said Warren Buffet
Diversification wasn't exactly the problem. One of the major problems is that he had a, as he would call it, "360 degree vision" ideology . Basically, when company A was making a lot of money he built company B to supply company A, then company C to supply C... as you can see his companies were all related to something that the other needed (Mines, Electricity, Oil, Ships, Logistic), once the strongest ones (Oil and Mines) failed, the rest went down with them as well.
@@lucasp8047 I acknowledge what he was trying to do but companies don’t fail when they have money that they can come up EASILY like Apple for example with about $200-$250BIL in paper money. He built the companies too quickly with BARELY to no emergency funds saved aside in case something happened. He wasn’t thinking about any risks. He simply wasn’t prepared enough to deal with the situation he’s currently in. He built key fundamental support companies too fast. He never thought of any risks in the future otherwise he wouldn’t have lost them.
I question your level of expertise to make such an assumption.
I almost see the same thing happening to Jack Ma, it's really frightening how you can lose such a huge amount in such a short time. Literally from top to bottom in the blink of an eye.
You have to realize some of this was self inflicted. Instead of selling his assets he should have held onto what he had and considered abandoning the oil company that sank him. But hey I mean that's easier said than done, in business you have to decide when to pivot or stay
That crackdown on ike while on brink of bankruptcy felt like bunch of hyenas trying to feast over a wounded lion.
Nice metaphor
great analogy
Oh it could be something... It is much more plausible that he conducted shady schemes all his live and finally when he ran out of money and the media started puting pressure, public officials stoped covering up...
he is easily still worth 1 billion. No one reaches 35B without setting fund for dry days
*EVERY FAMILY HAS SOMEONE WHO BREAKS THE CHAIN OF POVERTY IN THAT FAMILY,I PRAY YOU BE THE ONE, KEEP INVESTING! AND REINVESTING!! UNTILL IT BECOMES A CULTURE!!!*
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Blossom Jefferson
As a single mom I now make $15,000 monthly all thanks to expert Mrs Blossom Jefferson
Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong
It feels there was a conspiracy against him and some officials wanted him down, and then bad luck in markets finished the job. But i admire him anyway and hope to see him successful again
He bribed people, took part in insider trading, and pushed natives out of the amazons and you admire this man? He is a crook who couldn't deliver on any of his promises and got rich by duping investors. What exactly do you admire?
Eike is a criminal. Plain and simple
No way he can make a come back! He benefited from favorable trends during a time, then showed he had no knowledge of planning for stability when the market conditions changed, and his empire folded like a house of cards. One hit wonder, though he worked hard for a while, he was still just a side-effect of the world around him, rather than someone who formed the world into his own vision of things.
Probably not , but u just never know lol , if he doesn't make it back, it because karma got the best of him
You underestimate others' tendency for second chances, and when you know people who can afford to lend you million or billions... Elon Musk of all people is an amazing example of how far that can carry you.
He bit off more than he could chew mostly by 1) going public. He did not know how to 2) diversity also. Both lessons are taught heavily in business school maybe he didn't pay attention to the risks of those 2.
@@osl5686 diversify how
unkless he mined btc lol
Dude sold life insurance in college. He will come back easily
This is one of serious entrepreneurs story I have ever heard. Thank you, will find time and watch over and over again
I believe he could. Mentality and mindset is everything.
He's so corrupt, even his hair was criminal.
😂
Very😅😂
Watch him comeback, this man is a genius, got no money, empire went to ruin, but still got the lion mentality in him, who does it once does it twice, he didn't get lucky the first time
There's a quote, I wanna share with you guys :
"Staying successful is much more harder than becoming successful"
I understood that he grew too fast and to support his liabilities he depended on prices being at those levels and he didn't expect a drop.
At first I was like damn this guy had it rough, but then I heard of his crimes and I don't feel as bad anymore
And here I thought it was just yet another guy who had forgotten his bitcoin password. The world is just amazing 😅
I mean insider trading and money laundering? He was worth 35bn he didn’t need to do that 😂
@@donb2527 what do you think got him there, old habits die hard😅
@@warrenarnold true haha, honestly if I made even close to $1B I would just put it in index funds and live a happy retirement from the dividends, greed is the deadliest sin
@@donb2527 yes thats y u are prolly not a billionaire, you need almost always a touch of psycho and a good moral complacency for such money to come your way
Poor people think about what they can buy with their money, Rich people think about were they can invest their money to become richer.
That's true.
Anyone who is not investing now is missing a tremendous opportunity.
Yes. It's better to take risk and make sacrifices than to remain poor or settle for less..
investing in financial_market is what all rich people do. This is not a living but to grow our portfolio.
I have got to understand now that. A lot of Americans don't even think about investlng little of there money and then grow there portfolio instead they wait for NFP every first Friday of every month hoping there are more employment.
This guy plummeted like that freaking asteroid that kill the dinosaurs in life
Richest man in negatives
couldn't be me 😂
Hahaha
It really couldn't, you would have to make billions to lose billions like the top 20 billionaires lose 100s millions or 1-3 billion every other day.
@@kylewilliams4691 kinda what i was saying, besides imma kid so i believe i have a good chance
Still couldn't be me
I like how all you finance youtubers take turns covering the same material. 5th Eike Batista documentary I've seen this month. It's like "copy my homework but change the answers a little". Very interesting to see.
Nothing new on RUclips history anymore
Really High-quality video. Love your videos. Keep up the great work!
What is the background music called?
It’s in the description
He will still be ok lol , unlike us folks we still grinding
Always thank you-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MIGHTYPROMINERS.COM for the profit on my 2.7 bitcoin I invested with you it is a simple concept that seems complicated if not well explained. At its core, mining is the process of verifying a transaction so that it is added to the public ledger known as blockchain. Transactions are added in blocks. All you need to verify a Bitcoin transaction is an internet enabled computer with a software program linked to the blockchain.
What's this attachment he has with the letter "X"?
Your videos are top notch
Thank you man!
Sounds like he got screwed by his government, rather than failed.
Live by the sword die by the sword
Well this video put him in good light... he was a conman in many occasions, and corrupt too... there was so much "blame" left there after investigations you could fill a truck with it ... everyone involved deserved what was coming for them...
He bribed people, took part in insider trading, and pushed natives out of the amazons. He is a crook who couldn't deliver on any of his promises and got rich by duping investors.
Wtf lmfao im dieing from that title 💀
😂
When you invest, you're buying a day you don't have to work!
Crypto Trading has been the best way to earn geniun cash, waiting for the Government it's a total waste of time
Nice one
Can I earn up to €17000 weekly?
It's very possible
With forex trade
make a video on anil ambani he literally went from 43 billion dollars
to 82 million dollars.he was once 6th in the worlds richest men list.
just do something that will earn you some money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life could be like without your usual income stream and everyone had to stay home. Well I never felt it because I invested in a trading company where I earn 4 digit per week. The best thing you can do for yourself is invest more and spend less
Bitboy is legit and his method works like magic I keep on earning every single week with his strategies
Wow I' m just shock someone mentioned bitboy I thought I' m the only one trading with him
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as he is
the best broker I ever seen
He is amazing with an amazing skills he changed my 0.3btc to 2.1btc
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched
I think I'm interested how can I get in touch with his company
This is a great video please make more!
He might have failed to become number 1 in riches, but he at least became number one in rags.
😂
I might be wrong but there is some guy that owes like 6 or 7 billion
Love your video 💯, subbed
*I have traded with alot of individuals but i have never come across anyone as good as Mrs Maureen applying her stratergies, i now trade indenpendently..she is the best id advice any novice in investing to trade with her*
I'm so happy ☺️ my life is totally changed. I've been earning $30,000 returns from my $3,000 Investment every season
will forever be indebted to you😇 you have changed my whole life i will continue to preach about your name for the world to her you have saved me from a huge financial debt with just little investment thanks so much Mrs Maureen
There is really no country restriction in her company,,, I'm investing with her from Switzerland..
The fruitfulness of your trading lies on the account manager or the expert
Mrs Maureen has brought me out of the wrenches and to a better living through trading options. I encourage newbies to trade with her
Trade with her and remember to share testimonies with others
I wanted to trade crypto but I got confused by the fluctuations in price
Sounds like Eike got what's coming to him. His companies were going under and didn't have the money or power to keep his criminal activities from being brought to light.
To be honest, i think he can come back, Eike mistake was to think that the brazilian state machine would act like Korea where the sate would protect the rich, in reality the state here is teilored to protect the peninsulares ( court system, public workers, politicians ) and rich people have not as much influence as in other countrys.
man your just too consistent lolBTW love ur vids
Thank you Mr Cheese!
The spirit is indomitable and yes he will definitely make a comeback
... Money wouldn't be issue here.... But reaching 35 billion will definitely take a long time.... A man who can build rome once can build it again too
yea but idk , times could be diffferent , he is old , he still has debt , competitors may already overtake the industry etc . it's harder than than when he first started ( i know he will have experience and know how to avoid mistakes but obstacles seem harder to overcome )
Brazil nationalized oil. What did that do for them?
worsed the economy
I loved this video. Thank you very much!
Thanks for watching Andres!
Whether it's his voice or accent, I just love it. And his narration skills are next level.
*INVESTING IN CRYPTO NOW IS VERY COOL ESPECIALLY WITH THE CURRENT RISE IN THE MARKET NOW.*
You're right ma,
That is why I had to start forex trading
3months ago and now am making benefits from it,
Thanks for introducing me to Mrs Dean Kirsty,
My first inv... with Mrs Dean Kirsty gave me profit,
and I can even say she's the most sincere broker I have known.
Hard work it takes
Dude went from richest man in Brazil to poorest man in Brazil, crazy
The best symbol of Brazil from the years 2005 to 2015, now we are in shit again, as always, a new lost decade, we are a mess since colonization and we will continue to be
😢
Obviously you are a mess since colonization as Brazil didn't exist prior to that.
OGX still exists as Dommo Energia, traded as DMMO3, but Eike no longer has any ties with it.
Wait.. is this the guy the series Billions is based on? They look eerily alike
Is it pronounced as “ei-ke”?
Billionaires always keeping their wealth in assets rather than cash, is what mostly tends to cause stuff like this to happen.
Yep, but they also wouldn’t have gotten that rich without doing that
This video is the example
What not to do
After success
Someone or some people went after him
Maybe
He will Rise Again! Keep believing Eike! You will make a comeback!
Man I’m resilient but this nigga Eike is definitely something else
Channel is awesome, but please hire someone as a background voice. I'm sure u can afford it bruh.
So his channel can sound like every other channel out there? His voice is fine as is. Start your own channel and buy a voice over.
Yeah, I could get a voice over actor, but then I feel like I lose the connection with you guys
@@LogicallyAnswered You doin good bro. No need to change your voice!
You can also talk about Anil Ambani, India. Similar story, but he has a billionaire brother.
Anil Ambani ... Similar case .... Extreme extreme greed can do negative wonders....
He lost 45 billion dollars to -45 billion dollars
How many of you missed the 'minus' part in the title
4k resolution is cool
I admire his boldness
He never should have put the letter X in his companey's names. I mean, we all know by now what the letter X REALLY stands for.
lol so true
😂
Life lesson:Greed for money is not good
I would also like to have a networth of -100 Billion Dollars, but no one gives me a penny if I'm broke.
"take a looking back" proceeds to go to the beginning of time.
Well , he was a big man with big ambitions , too bad his dream is too big for him to handle . Sometimes you have to know where to stop , I quit my job in 2016 and instead of starting a company I rather do it alone so I don't have any burden , one man army in Real Estate , now I have 3 house all rent out and a bag of gold coins . Ofc , I will buy more later but do it slow and steady
Eike will probably be a contestant in the next squid games...
Why do they all end in X Lmao
Sad story. He could do so much for Brazilians. His timing was off.
negative 1,2 Billion how tf do you get out of a debt that large ...
At the end of the day, WHERE you conduct business matters!!
😂 from 7:01 I heard "if this was the issue I (Hari) could have handled it"
Hahaha 😂
That's hard work and determination.
made it IMO 100 mill u made it
Pure corruption and politics for business and uncontrollable debts. He couldn't be never come back again because of over debt. Debt is very powerful in bilateral direction.
Imagine how many upvotes this loss porn could get on Wall Street Bets 😩🙏
Hey search about anil ambani ( India) he has net worth 43 billions in 2007 and now he is bankrupt
Ike could make a come back only if he gets his hands on lithium or nickle which are going to explode in the next few years as entire world scrambles for them to power their EVs and electrification.
However Brazil seems to have lost out their shape and corrupt leaders and lack of educated public won't help it either.
Most likely china is going to gobble upp their mines.
Ike can actually become a middle man for the Chinese but that's too risky as defaulting the Chinese only means death except you live in USA like Le Eco's founder.
It would be insane if Eike made a comeback!
@@LogicallyAnswered Yeah.
Most impressive thing here is his hair growing back after losing it
This what we call shit happend
that's Karma when you destroy Amazon forest for gold and ....
Dang, If I could just export a product for millions, I'd do that
You'd think with that much money he'd have a way to put $1 billion aside not leveraged or tied to anything else just in case things went wrong - which in this case they did. That way you still get to live the billionaire lifestyle. It seems his ego and narcissism though, meant he would only be happy and satisfied if he could say he was the richest man in the world.
Anybody can become wealthy
But its hard to maintain .
I’d suggest it’s even harder to lose
@@Kodakcompactdisc yes this guy hasnt touched money yet
He had all the money all he had to do was just.......Live
Lmao
How dyu just live?
Alguien que lo traduzca al español ??
I went from $0 to over $70k in BTC life is really a roller coaster
That is a huge drop...
Life at it's finest
He have a strong mindset , I believe he can make a come back .
That would be crazy
Too old now and lack of credibility
Read of him and his demise on Wikipedia years ago
yea but he still is not homeless even though he ows 1 billion so hes still doing better than a guy with 0 even though he has -1billion$
True
You want to see him homeless
This guy got screw the the govt. Literally the story of South America. Terrible place for business
The story of Brazil..
Little did he know the USA controls the prices so what big family didnt like him or what big family wanted what he had.
he´s got McAfeeied.
The corrupt government throws him in jail for corruption