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Dropping a BRIC

August 5, 2013 - Harry Eagar
Hmm. Bloomberg News reports:

"The March 2012 deal valued Batista’s empire at $35.5 billion, including publicly traded and closely held units, and he was rated at the time as the world’s 8th richest man. The entrepreneur, who boasted of overtaking Carlos Slim as the world’s wealthiest individual, is now worth an estimated $100 million, according to the Bloomberg Billionaires Index."

The story is actually all about some oil sheikh getting skint. Well, at least it wasn't somebody who works for a living.


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