Brazilian Billionaire Strikes Oil
Keren Blankfeld, 10.07.09, 08:00 PM EDT
Eike Batista's OGX announces first discovery of crude in offshore field.
Some guys have all the luck. Take Eike Batista.
Forbes pegged Batista's fortune at $7.5 billion in March, placing him 61st on our list of the world's richest people. Today, he's worth more than $20 billion, courtesy of a 64% run-up in the stock of his oil and gas company, OGX Petroleo e Gas, as well as valuation gains in other holdings. And that was before he struck oil on Wednesday.
Forbes article
Think Billion$ article
