Eike Batista: From billionaire to negative billionaire?

Sarah Whitten – CNBC, 2/9/2015

Once known as Brazil’s richest man, Eike Batista has had the biggest drop in net worth of any other billionaire to date. It is estimated that his wealth peaked at $30 billion in 2012, but Batista claims he is now worth a negative $1 billion.

Make that negative $1.2 billion.

Federal Police in Rio de Janeiro seized six vehicles, computers, mobile phones, watches and roughly $32,500 in cash from the business magnate and former race car driver.

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