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International – Brazilian superstition

April 2016

Brazilian millionaire Eike Batista has thrown £130,000 worth of gold coins into the South Atlantic Ocean to appease a false god.

Once the richest man in Brazil, Mr Batista’s oil conglomerate, OGX Petroleo & Gas Participacoes SA, lost 90 per cent of its value, and he was plunged into debt and a legal case.

He was left with an estimated net worth of $200 million, after debts he owed to investors were deducted, and he was later accused of insider trading. 

But after visiting medium Ubirajara Pinheiro, he resorted to one of the oldest superstitious rituals in the world, in the hope of rebuilding his billion-pound empire.

Chartering a yacht, he threw more than 700,000 Brazilian reals, in gold coins, off the coast of Rio de Janeiro’s Ipanema beach, to appease a water-bound demon called Yamanja, known as the queen of the seas, for his past ‘ungrateful’ actions.

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