Batista declined to comment on plans for the movie.
In his heyday, Batista showed a spirit for films with his companies sponsoring movies from Brazilian directors including “A Suprema Felicidade,” a film that reflects the bohemian life in Rio after World War II. He also supported a documentary about the life of his father, Eliezer Batista, a renowned engineer famous for helping Vale SA become the world’s largest iron-ore producer.
“Tudo Ou Nada,” all or nothing in Portuguese, the biography which the film will be based on, was among Brazil’s most-sold books for more than 15 consecutive weeks, according to Carlos Andreazza, an executive editor for non-fiction and Brazilian literature at publisher Grupo Editorial Record.