Early Life and Career
Batista is one of seven children of businessman Eliezer Batista da Silva, who was Minister of Mines and Energy in the João Goulart and Fernando Collor administrations and a former president of Companhia Vale do Rio Doce, then wholly a state enterprise, between 1961–1964 and 1979–1986. His mother, Jutta Fuhrken, was born in Germany and, from her, Batista says he learned self-esteem and discipline, attributes he considers crucial to his formation as an entrepreneur. After spending his childhood in Brazil, Batista and his family moved to Europe when he was a teenager, due to his father's occupation. They lived in Geneva, Düsseldorf and Brussels. In 1974, he began to study metallurgical engineering at the University of Aachen in Germany. When he was 18 years old, his parents returned to Brazil, yet Batista remained abroad and began selling insurance policies door-to-door to make his living. In interviews, he often mentions that the "stress" and the lessons learned from this experience were essential for his education.
Batista returned to Brazil in the early 1980s and focused his attention on the gold and diamond trades. He established himself as a salesman, contacting producers in the Amazon area and buyers in large metropolitan centers in Brazil and Europe. When he was 23 years old, he started a gold trading firm, called Autram Aurem, using the Inca Sun as the company trademark and symbol. A year and a half later, the company had earned US$ 6 million.
His entrepreneurial instinct and talent led him to implement the first mechanized alluvial gold mining plant in the Amazon, marking the beginning of the EBX Group. At age 29, he became CEO of TVX Gold, a company listed on the Canadian Stock Exchange, thus initiating his relationship with global capital markets. From 1980 to 2000, he created US$ 20 billion in value with the operation of eight gold mines in Brazil and Canada and a silver mine in Chile. Between 1991 and 1996, the value of his company more than tripled.
Read more about this topic: Eike Batista
Other articles related to "early life and career, early, life":
... Bobby Jordan was a talented toddler and by the time he was six years old, he could sing, tap dance and play the saxophone ... At the age of four, he was working in an early film version of A Christmas Carol ...
... the Malay Archipelago, why does this area loom so large in his early work? (Leaving aside The Rescue, whose completion was repeatedly deferred till 1920, the last of the ... The prolific and destructive richness of tropical nature and the dreariness of human life within it accorded well with the pessimistic mood of his early ... Ville de Maceio to begin what Najder calls "the most traumatic journey of his life." After his November 1889 meeting with Thys, and before departing for the Congo, Conrad had again gone to ...
... Williams' early career was guided, and to an extent some observers say outright dominated, by his mother, who is widely claimed as having been the driving force that led his late father to musical ...
... Mineo was born in The Bronx, the son of coffin makers Josephine (née Alvisi) and Salvatore Mineo, Sr ... He was of Sicilian descent his father was born in Italy and his mother had been born in the U.S ...
Famous quotes containing the words career, early and/or life:
“Whether lawyer, politician or executive, the American who knows whats good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)
“Love is the hardest thing in the world to write about. So simple. Youve got to catch it through details, like the early morning sunlight hitting the gray tin of the rain spout in front of her house. The ringing of a telephone that sounds like Beethovens Pastoral. A letter scribbled on her office stationery that you carry around in your pocket because it smells of all the lilacs in Ohio.”
—Billy Wilder (b. 1906)
“Accept life, take it as it is? Stupid. The means of doing otherwise? Far from our having to take it, it is life that possesses us and on occasion shuts our mouths.”
—Albert Camus (19131960)