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/biz/ - Business & Finance


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24682354 No.24682354 [Reply] [Original]

(Bloomberg) -- 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.

His father, a one-time fur trader who went on to amass a fortune running a gas producer in Siberia, was very angry when he found out about the trading loss, he said. “I suspected he was thinking that he would never have made the same mistakes that I had,” the 27-year-old said in a legal filing Wednesday. “To him, it was a shocking sum to have lost, especially so quickly.”

Temur said he’d had some initial success and made a profit trading stocks, only to hit a losing streak while studying at the London School of Economics. When he tried to make back the money, “convinced this loss was just bad luck,” he increased his risk exposure and lost everything, he explained in court.

Tatiana said that her relationship with her eldest son “is now very strained.” She said she felt she had no choice but to sue him. “And though those sums are now ‘beyond reach,’ it is only because I invested them badly and the sums were lost,” he said.

http://archive.today/2020.12.09-194124/https://www.msn.com/en-us/money/markets/billionaire-shocked-by-son-e2-80-99s-quick-2450-million-trading-loss/ar-BB1bLM1K?ocid=uxbndlbing

>> No.24682385

>>24682354
can i make a billion trading furs

>> No.24682514

>>24682354
>whore mother cares more about fiat fun tokens than her own kid
>she had no choice but to sue him
Well, she had a choice, and she made it. I hope her entire family shuts her out because she has demonstrated her true colors. Gold digging bitch. Imagine your own mother suing you over money which she didn't even earn. Wow. Farkhad went too easy on her.

>> No.24682570
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24682570

Based fur prince donating tendies to the boys instead of letting his cunt ex wife steal them. Fucking legend

>> No.24682649

>>24682385
Kek

>> No.24682783

>>24682570
ok I definitely read that too fast and bloomberg faggots write like shit but as long as the whore doesn't get the dosh its still pretty cool

>> No.24682899
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24682899

tfw when you will never be a billionaire fur trader
feels bad, bros

>> No.24683043
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24683043

>>24682354
that's really an astounding demonstration of greediness, imagine feeling the need to trade stocks when you have $50 million and your father is rich as fuck, i can understand investing to secure your money, but leverage trading with that amount of wealth, his whole body must've been consumed with greed. What does he even buy with all that? Same goes for his mother, this whore is so greedy at first she divorces and gets $300 million, then she sees her son got rekt trading, and the whore literally says "i've got no choice but to sue him". Jesus fucking christ, these people had their whole luxurious life taken care of for nothing and still want more, and still complain, and still manage to fuck it up because of the insane amount of greed and lust for more. If you don't earn it yourself it corrupts you to the core.