What happened to Eike Batista and all his fortune?

He was the richest person in Brazil and one of the richest in the world (seventh position). He had as much as 30 billion dollars as personal fortune. He was on the Forbes ranking.

And suddenly, he has nothing anymore. He lost everything. The banks seized everything. Only one house was left. They took the planes, helicopters, everything. He was accused of having been involved in corruption (Operation Car Wash) and was charged and arrested for money laundering. I found it very strange.

Nowadays he gets by by giving mentoring sessions to businesspeople.

Eike Batista lost everything