Once known as Brazil's richest man, Eike Batista has had the biggest drop in net worth of any other billionaire to date. It is estimated that his wealth peaked at $30 billion in 2012, but Batista claims he is now worth a negative $1 billion.
Federal Police in Rio de Janeiro seized six vehicles, computers, mobile phones, watches and roughly $32,500 in cash from the business magnate and former race car driver.
Judge de Souza had frozen almost $82.8 million of Batista's financial assets early in the suit as guaranteed payment for penalties if he was found guilty.
Batista made and lost his fortune in mining, oil and gas exploration. He was accused of market manipulation and using privileged information to make a profit of about $95 million through the sale of company stock in September 2014.
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