Pavel Durov, the CEO and co-founder of messaging platform Telegram, has introduced that his huge fortune will likely be inherited by his quite a few offspring.
What Occurred: In an interview with the French outlet Le Level, Durov stated that his 100-plus youngsters would be the beneficiaries of his multi-billion greenback property.
Durov, who’s formally acknowledged as the daddy of six youngsters from three totally different companions, has additionally fathered over 100 youngsters throughout 12 international locations by way of sperm donation. Throughout the interview he stated, “They’re all my youngsters and can all have the identical rights. I don’t need them to tear one another aside after my dying.”
The Russian entrepreneur, whose web price is estimated at practically $14 billion, just lately drafted his will, stipulating that his youngsters wouldn’t acquire entry to his wealth till three a long time from now.
“I need them to stay like regular individuals, to construct themselves up alone, to be taught to belief themselves, to be in a position to create, to not be depending on a financial institution account,” Durov added.
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“I wrote my will very just lately. I’ve determined that my youngsters wouldn’t have entry to my fortune till a interval of 30 years has elapsed, ranging from immediately,” he stated.
Durov, who based Telegram in 2013, was apprehended by French authorities final 12 months on allegations of aiding in felony exercise by way of Telegram, prices he has persistently refuted. Regardless of these accusations, he continues to helm the messaging platform, which claims round 1 billion energetic customers globally.
Why It Issues: Durov’s choice to distribute his wealth amongst his quite a few offspring is a novel strategy to inheritance, significantly given the huge variety of youngsters concerned.
His need for his youngsters to stay “regular” lives and never be depending on his fortune displays his perception in self-reliance and private growth. This transfer additionally ensures that his wealth will likely be distributed evenly, doubtlessly avoiding future household disputes over inheritance.
Regardless of the controversy surrounding his arrest, Durov stays a major determine within the tech business, with Telegram persevering with to be a serious participant within the messaging platform market.
His choice relating to his fortune might have implications for his youngsters’s future involvement within the firm and the tech business at massive.
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Picture: Shutterstock/Muhammad Raid Ahyan 2105