Background
Eike 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.