Astrologin in Wien Tanja Ristovski Astrologer Tanja Ristovski in Vienna

Eike Batista's bankruptcy, Pluto and Saturn

Planets in action: Planetary pictures and zodiac signs in tangible terms

18 Nov 2013 | © Tanja Ristovski 2009 - 2022

The bankruptcy

As newspaper reports, Elke Batista, erstwhile the shooting star of Brazilian economy and one of the richest man in the world,  filed for bankruptcy protection on 30th October 2013. His entrepreneur's career includes gold, silver and iron mines and companies that are involved with mining, petroleum, energy and  logistic.  According to different business magazines, his rise to the Forbes List of richest billionaires in the world started actually with the premature stock market lunching of his companies, and he profited from positive prognosis for Brazil's economical growth and from the policy of the world's central banks that pump huge amounts of money into economy.

In the beginning of 2012 Elke Batista was still on the Forbes List, but his wealth and fortune started to crumble heading towards the low point from July 2013 onwards.
Although some sources give the 3rd and the others the 5th November 1953 as the birth date, and although the birth time is not available, what leaves  much of the information ( angles, houses and exact Moon position) out of consideration, one look at the Solar Arc and transit picture is very revealing. It tells also something about natal chart career factors.
Elke Batista Horoscope

The Solar Arc picture

Astrological measurements that lead to bankruptcy started to build in 2009 when Solar Arc Pluto activated the natal square of Uranus  to Neptune - Venus conjunction, which is obviously important configuration for Elke Batista's career.  Pluto arced to Venus in 2009. Pluto's arc to Uranus was exact in June 2011 and arc to Neptune in June 2012.
Solar Arc Pluto to Venus, Uranus , Neptune

Venus-Neptune-Uranus combination

The Venus-Neptune-Uranus combination suggests in financial terms investment, speculation and  foreign funds .  In the horoscopes of entrepreneurs , Pluto can dramatically manifest as the planet of debt and bankruptcy.  In the time between 2009 and  2011 when Pluto crossed this constellation,  investments and foreign funds (and the debt) accumulated in extra big amounts, while the value of his projects underwent change: with Solar Arc Pluto = Venus in 2009 Batista reached the 61th position in Forbes List and was considered the richest man in Brazil.  With the Solar Arc Pluto = Uranus in 2011, what suggests further expansion, he reached #8 on the Forbes List and was introduced as one of  the 50 most influential people in global finance in "Bloomberg Markets" magazine. When Solar Arc Pluto reached Neptune in July 2012  the value of his stocks drastically dropped and his wealth began to crumble.

Mars - Jupiter square

Elke Batista's natal chart shows Mars square Jupiter , a measurement that can be very supportive for speculations,  risks and making quick money, but that can also bring misjudgment due to overestimation. This is an aspect of a fortune soldier, which seems to apply here. writes "Batista became nothing but a constant juggler. And not a very good one. He became, as the old adage says, a jack of all trades and a master of none." This adventurous square makes a sextile to Mercury.  The Mercury is retrograde and that can moderate a bit the overly enthusiastic Mars - Jupiter connection. But, that Mercury was receiving a square from transiting Neptune for approximately two years - from April 2011 to December 2012. Under Neptune's transit to Mercury the judgment is not clear, especially so when it comes to persons who hold their beliefs primary in terms of their successful practical application.
Transiting Neptune crosses Mercury

Saturn transits

 Starting from conjunction to Mars in 2009, transiting Saturn  crossed Venus, Uranus and Neptune from 2011 to 2012 and prepared the grounds for second Saturn return at the end of  2012. Saturn return always represents some kind of lease for the future, and here that lease is overloaded with debt. 
Saturn transit to Mars, Venus, Uranus and Neptune

Solar Arc Saturn

In August 2013 the Solar Arc Saturn has reached the square to natal Mars, testing further Batista’s  speculative businesses.
Next station of the transiting Saturn was conjunction to the  Sun, what marks a  professional climax for better and worse. It is  this Saturnian pressure under which Elke Batista has filed for bankruptcy protection at the end of October 2013.

Solar Arc Neptune

Pertaining to the future developments, there is the Solar Arc of Neptune reaching the natal Jupiter in the mid of 2014 which suggests legal procedures and self-indulgent overconfidence: in his first interview after the bankruptcy Elke Batista found his managers guilty for the collapse of his empire. The whole picture suggests that this Neptune - Jupiter contact will bring further dissolution of his wealth.

Solar Arc Uranus

Weather 2015 with Solar Arc Uranus  to Sun and Jupiter in 2015 will open long-term possibilities for Batista depends on his attitude and actions in the next year. Anyhow, the time beyond 2015 will continue to be exciting for him because Uranus will cross the same Uranus-Venus-Neptune configuration that was jolted by Pluto in last years.

You may also find this interesting:

Politics as a profession: Angela Merkel and Wolfgang Schüssel

Berlusconi and Pluto-Uranus square

Gerard Depardieu and his russian citizenship

Donald Trump - astrological background behind his term as a president

Kellyanne Conway - behind the "alternative facts"