Billionaire Shocked by Son’s Quick $50 Million Trading Loss
- Temur Akhmedov accused by mother of hiding assets in U.K. case
- Akhmedov denies allegations, says he lost $50 million trading
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The son at the center of a $600 million divorce case in London said he felt he let his father down when he lost more than $50 million while day trading as a college student.
Temur Akhmedov is testifying to counter accusations from his mother, who says he worked with his father, Farkhad Akhmedov, to hide assets after their divorce. Temur says he isn’t hiding the money, but instead lost much of it with bad trades.