Billionaire Telegram Founder Pavel Durov: Equally Dividing His $14 Billion Fortune Among Over 100 Offspring
Boy with substantial wealth from a multi-billion dollar inheritance devises equitable allocation strategy for his 106 offspring - Telegram founder aims to distribute substantial wealth in inheritance across his 106 offspring.
Having children is a lifelong commitment, and for Pavel Durov, founder of Telegram, that means providing for more than just his six officially recognized kids. In a bold move, Durov plans to share his estimated $14 billion fortune among his whopping 106 kids.
In an exclusive chat with French magazine "Le Point," Durov, a 40-year-old tech magnate, revealed his intentions to evenly distribute his billions. Officially, Durov is the father of six children across three relationships. However, the Telegram CEO confessed to also having more than 100 kids conceived through sperm donations across twelve different countries.
"They're all my kids, and they all have the same rights," shared Durov with Le Point. His unconventional parenting approach ensures that both his naturally and donor-conceived children are treated equally, sharing an equal stake in the family fortune.
The Long Wait: Inheritance in 30 Years
While his children may be eagerly anticipating their inheritance, they'll have to be patient: Durov's money will only be distributed 30 years from the date his will was written. His reasoning? He wants them to live their own lives, learn, trust themselves, and become independent - rather than relying on his bank accounts.
Furthermore, Durov has no intentions of handing over Telegram to any of his children. Instead, a non-profit foundation will assume control of the messaging service upon his disappearance, ensuring its continuity for future generations.
Key Insights:
- Durov plans to divide his $14 billion fortunes equally among his 106 kids.
- Each child should expect approximately $132 million from the inheritance.
- Durov stresses equality, treating his children regardless of biology or sperm donation.
- No one will receive their inheritance for 30 years from the date of the will's writing.
- Durov's goal is to foster independence among his heirs instead of encouraging dependency on wealth.
Sources: Le Point / Forbes / Bloomberg
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I'm not going to be able to do this on my own: managing the $132 million inheritance from Pavel Durov, when it comes my way, requires careful wealth-management and lifestyle adjustments. Despite being conceived through sperm donations across twelve different countries, I'm proud to be one of Pavel Durov's 106 kids, receiving an equal share from his $14 billion fortune once I turn 43.
