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Tuesday, February 20, 2018

Billionaire Fridman told why he left his children without an inheritance

Mikhail Fridman, who is second place in the rating of the richest businessmen of Russia according to Forbes, decided to give almost all his fortune to charity. The entrepreneur hopes that his successors will be able to succeed without his help.

photo: Alexander Chernushenko

About his decision not to leave wealth to children, Friedman said at the meeting of the Forbes Club on may 19. The businessman explained that to transfer the children to a large sum — the worst thing he can do for them.

“I do not like to give public promises of this kind, but I can say that made the decision – my fortune will go to charity,” said the businessman, whose fortune is estimated at $ 13.3 billion.

Friedman explained his decision for two reasons. First, he hopes that his children will achieve professional and career success in their own lives. Second, the business wants to attract the attention of people with nefarious purposes.

In may this year for the first time, Forbes magazine has compiled a list of the richest heirs of Russian billionaires. Four children Friedman – daughter Laura Friedman, Katia Friedman, nick Ogielska and son Alexander Orzelski – was it the 10-th row. Each of them has about 3.3 billion dollars.

Earlier plans to send his entire fortune to charity, said the President of holding “Interros” and the General Director of MMC Norilsk Nickel Vladimir Potanin (in 2015, his fortune was estimated by Forbes at 15.4 billion dollars). In 2013, he joined the Giving Pledge created by bill gates and Warren Buffett. Program participants agree that after the death of at least half of their status will be directed to charity.

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