“I’m not a big fan of such public statements, but I can say that I am going to transfer all my money to charity. I don’t plan to transfer any money to my children,” Fridman said, responding to a question from the audience at the Forbes club.
Mikhail Fridman said he wants his children to follow his footsteps and create something of their own
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The tycoon added that the same decision was made by his business partners. Mikhail 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.
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