by Michael Covel
What’s the quickest way to lose $32 billion?
Well, one option is to pile $32 billion in cash into a giant mountain, and burn it.
Another is to invest it all in commodity-related investments with a “buy-and-hold” mentality.
Brazilian businessman Eike Batista went for option #2.
In 2012, he was the seventh-richest person on the planet, worth an estimated $32 billion, according to the Bloomberg billionaire index.