The 20-year-old, who has been heavily linked with London clubs like Arsenal and Tottenham, has signed for the Ukrainian club Shaktar Donetsk confirmed on their official homepage.
Benard has agreed a 5-year deal and is the lastest Brazilian to the squad joining Douglas Costa, Luiz Adriano and Fred at the club.
Bernard scored 22 goals in 100 appearances during three seasons with Atletico Mineiro.