This week in Brazil, Eike Batista, bet a couple of his millions and several of Brazil's investing public billion's that OGX Petroleo e Gas SA, and its undersea leases off the coast, will yield a gusher. Thursday's initial offering of oil venture OGX Petroleo e Gas SA raised nearly $3.6 billion, the exchange's biggest IPO.Eike, a self-made billionaire in the gold and iron mining sector, is now making this big bet in the oil industry. It is a story and entrepreneur to closely follow.
His friends call him "a serial entrepreneur doings things on a massive scale." (WSJ 6/12/08).
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Eike Batista ranks 142 on The World's Billionaires 2008
Brazil's Batista Is `Creator of Wealth,' Turning Gold Into Iron
Eike Fuhrken Batista, Founder, Chairman of the Board and CEO of EBX,MMX Mineração e Metálicos S.A.,
