Lukoil Billionaire Tells Son to Keep Stake After He Dies
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OAO Lukoil’s billionaire Chief Executive Officer Vagit Alekperov, who owns about a fifth of the Russian oil producer, arranged for his son Yusuf to maintain his holding beyond his death.
“I’ve already arranged for my stake, even if I leave this life, to be indivisible to secure the company’s stability for many years ahead,” Alekperov said in an interview on Ekho Moskvy radio late yesterday. “My son won’t have the right to split and sell it.”