Eike Batista to announce shock retirement from business?
- By Smith Alexander
- Brasília
- Last updated on

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- Money January 14, 2026
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Sad news for Batista fans. Speculation had been rife that EBX Group's boss is about to announce his retirement from business, at age 69, with immediate effect.
UPDATE 15/01/2026 : This story seems to be false. (read more)
Being a business man isn't fun anymore
“As we get older, there are phases of life that we enter into, and being a business man just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.
#ThankYouEike
For a little while on Wednesday evening, #ThankYouEike was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.
“Eike Batista was unlike any other business man we’ve ever seen! #ThankYouEike”
— @universalObserver, 14 Jan 2026
“I thought Eike Batista retired about 5 years ago?!?”
— @millythom, 14 Jan 2026
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