
Title:
Brazillionaires : wealth, power, decadence, and hope in an American country
Author:
Edition:
First edition.
Publication Date:
2016
Publication Information:
New York : Spiegel & Grau, [2016]
©2016
Physical Description:
xvii , 346 pages ; 25 cm
ISBN:
9780812996760
Abstract:
The billionaires of Brazil and their massive fortunes resided at the very top of their country's economic pyramid, and whether they quietly accumulated exceptional power or extravagantly displayed their decadence, they formed a potent microcosm of the world's richest .001 percent. They held sway over the economy, government, media, and stewardship of the environment; they determined the spiritual fates and populated the imaginations of their countrymen. In 2012, Eike Batista ranked as the eighth-richest person in the world, was famous for his marriage to a beauty queen, and was a fixture in the Brazilian press. But by 2015, Batista was bankrupt, his son Thor had been indicted for manslaughter, and Brazil--its president facing impeachment, its provinces combating an epidemic, and its business and political class torn apart by scandal--had become a cautionary tale of a country run aground by its elites. Over four years, Cuadros reported on media moguls and televangelists, energy barons and shadowy figures from the years of military dictatorship, soy barons who lived on the outskirts of the Amazon, and new-economy billionaires spinning money from speculation. His reporting takes us from penthouses to courtrooms, from favelas to art fairs, from scenes of unimaginable wealth to desperate, massive street protests.
Contents:
The crash -- God is Brazilian -- The price of progress -- Manifest destiny -- Nation building -- Prosperity gospel -- Visionary -- Helping hands -- The profit motive -- The backlash -- Too big to fail -- After the crash.
Geographic Term:
Language:
English