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[Video] Rio de Janeiro: Brazilian tycoon Eike Batista launches new company

Miscellaneous Rio de Janeiro, Brazil - 09 December 2011

Eike Batista (owner of EBX group), is a businessman from Rio de Janeiro, and was at the launching of a new company called IMX, partnering with IMG Worldwide, headed by Michael Dolan. EBX + IMG = IMX.......IMX/ CEO will be Alan Adler. IMX will organize sports events such as UFC, artistic shows and build arenas.

Vowing to become world's richest man—and he may be on his way. Fortune:$27 billion (Forbes) . Son of Brazil's revered former mining minister who presided over mining giant Companhia Vale do Rio Doce got his start in gold trading and mining.

Insists Dad didn't help: "All my businesses started from zero. My father was a problem for me because he never let me near Vale."

Made a pile in resources and other services, but two-thirds of his fortune comes from relatively new source, OGX, the oil-and-gas exploration company he founded in 2007 and took public a year later. Onetime champion offshore powerboat racer; formerly married to Playboy cover girl.

Provided financing to Rio de Janeiro's Olympic committee, helping the city win its bid for 2016 Olympic Games.

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