Billionaire Mikhail Fridman, whose net worth is $13.3 billion according
to Forbes, is to leave his children out of his will. The businessman
said he wants his children to create something on their own.
He
says giving a young person large amounts of money risks ruining his
life. He also doesn’t want his children to participate in his Alfa Group
business.
Fridman said he wants his children to follow his
footsteps and create something of their own. Another reason for that is
that he doesn’t want his elder daughter Laura, who is now 22, to become a
focus of people with bad intentions.
The tycoon added that the
same decision was made by his business partners. Fridman has four
children. The youngest is 10 years old, the eldest is 22.
In 2016,
Forbes Russia estimated Fridman’s wealth at $13.3 billion; he is ranked
second among the richest Russians. He is the principal owner of Alfa
Group, which includes Russia’s largest private commercial bank Alfa
Bank, X5 Retail Group that has a chain of supermarkets in Russia, A1 TV
Channel and the LetterOne investment holding.
GOOD. Let his children go work and make money by themselves and stop depending on daddy money
ReplyDeleteShut up STERN.
DeleteWOW. His reasons sound good tho but I believe he has investments tied up for them somewhere, make e no dey lie give us for here.
ReplyDelete#LIB ADDICT#
No mind am...give al to charity indeed...story...
DeleteSure he has securities for them, he just said he won't transfer money, meaning having money available. But he will invest in them, so they can make their own LIFE. I personally think this is very wise of him. Russians raise their kids with an iron fist, some Africans could learn, will have more progress on the continent.
DeleteChildren work hard oo, ur papa no dey give una anytin
ReplyDeleteMost beautiful gal on linda ikeji's blog
Good one,heaven is for u.
ReplyDeleteAfricans are far away from this am sure that apc looters are reading this.nigeria politicians will rather store them for there unborn generations that using it to touch peoples life.
My father did the same
#sad indeed
Chai
ReplyDelete-D great anonymous now as Vivian Reginalds
Africa My Africa.
ReplyDeleteWere you at.
Even Obasanjo and co wants to continue stealing from the poor till they die and pass the fortune to thier great grand kids they won't see.
Mikhail Fridman is just 52. He wants his children to work hard.
But dem old billionaires in Nigeria will kill even the poor to steal from them.
GOD HELP US IN AFRICA.
Help tel dem o....Amen,He sure will...i believe in Him alone
DeleteGbese!!!! Ha!!!! Abi na spirit money... WTF.... leave your children out of billions of Dollars. Wonderful!
ReplyDeleteChai! Linda take note!
ReplyDeleteWow! This man is just like a saint in Nigeria's upper and lower chamber ,very rare!
ReplyDeleteNow that's a great man of vision talking. Not like Nigerian politicians who steal government money for their children and their children's children and their next generation.
ReplyDeleteThis man Kala ooo😮😮😮😮
ReplyDeleteHis cup of tea
ReplyDeleteIf he likes he should go wit his wealth to d grave.
ReplyDeleteHmmmmm
ReplyDeleteHehehehehhehe d charity stuff is good but remember charity begins from home.
ReplyDeleteLucky u,am not ur son.
ReplyDeleteHis decision...#onMYway...
ReplyDeleteHe's got a point. They should build something on their own
ReplyDeleteWow , good man. This is a God sent to Charity. Please God change our politician minds to stop looting our money to foreign country account, because if they believe they will later give the money to charity they wouldn't steal or loot anymore to abroad
ReplyDeleteTell that tales to the Russian Folks
ReplyDeleteBE LIKE THIS GUY DON DEY DATE ESAN WOMAN CUS THEM JUJU GO MAKE YOU FORGET YOUR CHILDREN
ReplyDeleteLol
ReplyDeleteWhat a wicked man!
Hahahah
Hmm, Speechless.
ReplyDeleteBestalism : woman caught intimate with her dog (video)
Wow! I just can't
ReplyDeleteOKORO UPGRADED
For real? Let the children start disowning him naw
ReplyDeleteIf he has given his children the best education I see nothing wrong with it.
ReplyDeleteHmmm! But what is his plan now abt his children
ReplyDeleteDaddy I almost believed you! Chai, you are a sharp man
ReplyDeleteHe worked for his money. They should work for theirs. He has given them the foundation to start off well.
ReplyDeleteHmmmmmmm,thats not fair joor
ReplyDeleteLIB ADDICT#just passing#
Good but not so good
ReplyDeleteGood thought businessman
ReplyDeleteI can understand where he's coming from but you can't leave them with nothing
ReplyDeleteWow awesome intention
ReplyDeleteBut if u wer to be Nigerian
N you made ur intention known....count urself a dead man by ur own children😁
Miss Freeborn!!
Freeborn Zina is LIB best commenter
Hmmm..Good sha... #Lindatakenote
ReplyDeleteCan he really do that? Even if he manages to do that, he must have fully fortified his children financially and set them up in a position where all they will do is earn millions on daily bases..
ReplyDeleteNa me talk am!
Long Live Lib!!!
He can do that without blinking. That's why their countries are continuously innovative. The kids will not inherit the wealth of their father, but will inherit the burden to do even better than their parents. We already know mark zuckerberg's daugher will be pressured to be creative like her dad but she's not inheriting his wealth. That's why their society works. Anyways sha, it's the same God that created them that created africans. I wonder why our case is always pathetic.
DeleteAmen. We all have the same sun& moon but why are others better off than us Africans? Because you lack knowledge to critically evaluate our selves, cultures and traditions.
DeleteGood for him
ReplyDeleteGoing d way of warren Buffett
ReplyDeleteIf na my father, daddy abeg
ReplyDeleteOga leave small for themm ooo make them see something to step on and rise if not ha etiekwala ooo and if u see them on the other side of the world no blame them!!!! Facking man
ReplyDeleteCan African do this?Compare him with our Naija politicians that steals for their children's children....lol Nice one.Oyibo have different orientation than Africa man
ReplyDeleteThis is wickedness 😢
ReplyDeleteMy dear this man is a wise man. He has laid the foundation, so if these kids have a solid foundation and his name doors are already open, but for them to enjoy money they need to start up something. He is building their character, money has destroyed so many lives in front of our eyes!!
DeleteSounds interesting. Africa's richest men, Nigeria's richest men take note, what do you have to say.
ReplyDeleteSounds interesting. Africa's richest men, Nigeria's richest men take note. What do you have to say.
ReplyDeleteSounds interesting. Africa's richest, and indeed Nigeria's richest please take note
ReplyDeleteThis is amazing! while the current State governor of IMOState once mentioned that his 5th generation can never be poor after he becomes a state governor! What a world! Since then he has been busy stealing every dime meant for state development
ReplyDeleteThe kids are wealthy i guess. If your kids are wealthy you don't need to transfer your wealth to them unless you want to add to their problems.
ReplyDeleteI like that sha! But he can still give some part to his children to fulfill part of his responsibility as a father cos God will still ask him questions.
ReplyDeleteI like that sha! But he can still give some part to his children to fulfill part of his responsibility as a father cos God will still ask him questions.
ReplyDeleteSir my name is charity
ReplyDeleteOya children go rule ya world
ReplyDeleteHe did it to protect his children from broken heart and gold-diggers especially his 22 year old daughter because once most men are aware that she has no money to inherit they will runaway... He is not a wicked man at all. Good and compassionate man who cares for the needy.
ReplyDeleteStory ...i need to setup a charity organisation fast
ReplyDeleteIf his children dont make it they would never forgive him. I mean is he drunk? Abeg put some in investments for your kids rubbish
ReplyDeleteIf you be my papa, I for kill you the moment u make this ugly statement? Abi u 4get say charity dey start for house??
ReplyDeleteIf he bought houses to his children,gave them good education,why should he do more than that?This is a wise man, not a black man.
ReplyDelete