Google co-founder Larry Page feared losing control of the company in 2011 and even made “veiled threats” to leave because of it, Bloomberg reports, citing recently released court documents. It's about about a lawsuit by Google shareholders over the company's issuance of Class C shares without voting rights. In particular, Page feared that the company's other co-founder, Sergey Brin, or its then-CEO Eric Schmidt would sell their voting shares, which would result in them losing control over decision-making.
It was Page's concerns that led Google to issue nonvoting shares as a special dividend to investors in 2014, documents show. Moreover, before this, Google did not hide the fact that it was important for the founders to maintain control over the company. While Google issued Class A shares with one vote each during its 2004 IPO, Page, Brin and Schmidt each had Class B shares with 10 votes. Following Google, the founders of other technology companies, including Facebook and Snap, took advantage of this technique, Bloomberg notes.
This story began at the end of 2010, when Page was preparing to replace Schmidt as CEO, and Brin became interested in risky projects of the Google X laboratory, Bloomberg writes. Google's board of directors did not immediately approve the proposal to release new type shares because management wanted the decision to be made quickly and due to concerns that it would not meet standards corporate governance. As a result, the negotiations lasted more than a year. In particular, Page wanted the board to allow him to receive Brin's Class B shares in exchange for Class C shares. Otherwise, Page would have to pay $8.2 billion for them. In addition, Page did not want to make large acquisitions using shares, until non-voting shares are issued to ensure his control of Google is not diminished.
“Why should I work so hard if I could lose control [of Google]?” – Page wrote to then-board member Paul Otellini, who saw in these words a “veiled threat” to leave the company.
Ultimately, in April 2012, the board of directors authorized the issuance of non-voting shares, but persuaded Google's founders to accept tighter restrictions on transferring shares to each other. In particular, none of them should receive full control over voting shares. The shareholder lawsuit was settled when Page and Brin agreed to allow the board to better control the sale of non-voting shares. In 2015, as a result of a business reorganization, Google became part of the holding company Alphabet, whose CEO was Sundar Pichai. Page, Brin and Schmidt are no longer actively involved in the management of the company, but still control 56.5% of the voting power.
His main character– 27-year-old Nikolai Choles, son of Putin’s press secretary Dmitry Peskov from his first marriage. Together with his mother (Peskov’s first wife), he moved to live in the UK in the late 90s, where he spent more than ten years, keeping his stepfather’s surname.
He returned to Russia relatively recently, in 2011-2012, but managed to post many pictures on social networks showing his luxurious lifestyle.
The authors of the investigation are perplexed where the young man got the money for numerous cars, an apartment and luxury items: Choles admitted that in this moment doesn’t work anywhere, and opened his own company quite recently.
“This is just some kind of nightmare,” he told RBC. “Well, what else can this be considered? Horror.” Choles declined to comment further, and Dmitry Peskov has still not commented on the investigation.
Peskov’s son, according to FBK, while living in England in 2009, was found guilty of causing bodily harm and theft and sentenced to 15 months in juvenile prison. As follows from the court documents (FBK claims that it ordered a transcript of the hearings in the court in Milton Keynes), he first attacked the girl, whose phone he took, and then, in the company of two acquaintances, attacked another teenager, took his money and beat him .
Shortly after serving his sentence, Nikolai Choles came from Great Britain to Russia. After returning home, the official’s son became involved in a case of non-payment of alimony, and the database for his car contains more than 116 fines for violations of the rules traffic.
Choles has a rich fleet of vehicles in Russia, FBK claims: he is registered with a Tesla Model X electric car worth about 10 million rubles (there are several photos indicating that his father also drove this car), a Range Rover jeep worth about 9 million rubles and several others Vehicle, including Mercedes and Ferrari.
On Instagram @ndchoulz (now closed), Peskov’s son posted photos from private jets and first class, as well as pictures from equestrian activities. In the photo below, he is taken in the arena along with Peskov’s current wife Tatyana Navka and other members of the official’s family.
According to FBK, Choles owns an apartment of 110 m2 in the center of Moscow on Bolshaya Dorogomilovskaya Street worth up to 30 million rubles.
Currently, Choles does not officially work anywhere, which he confirmed in a conversation with FBK employees. For some time he worked on a TV channel Russia Today, however, his stories were published there for only a couple of months and did not appear after 2012.
On Facebook, Choles also calls himself the creative director of Fight Nights, a fight organizer and sports competitions. The company belongs to Peskov’s friend, businessman Ziya Magomedov.
Peskov Sr. has already appeared in several FBK investigations. One concerned his house on the alleged Rublevskoe Highway (the mansion is registered to the official’s wife, figure skater Tatyana Navka), the second concerned the largest and most expensive sailing yacht in the world (its rental costs 26 million rubles per week).
A big stir on social networks was also caused by the fact that Peskov was at the wedding with Navka. Their cost was 37 million rubles. Peskov himself explained that it was a gift from his wife, but calculations showed that even the earnings of Olympic champion Navka would hardly have allowed him to purchase such an expensive gift.
Peskov himself does not comment on corruption charges.
Another investigation. This time the publication was dedicated to the eldest son of Putin’s press secretary Dmitry Peskov.
According to FBK, Peskov’s son from his first marriage is named Nikolai Choles. To a young man 27 years old.. and he is typical representative"golden youth" Having traced Choles' photographs to in social networks, the fund concluded that the son of a high-ranking official owns several expensive cars (Range Rover, Ferrari, Mercedes CLA, as well as a Harley-Davidson motorcycle).
Choles, according to the foundation, flies private jets, travels on a yacht, vacations abroad and enjoys equestrian sports. In addition, as follows from Navalny’s investigation, Peskov’s son owns a 110-meter apartment in the center of Moscow.
“Nikolai Choles-Peskov, having served time in prison for robbery, without a job or even a secondary education, manages to live the life of a millionaire. The most amazing thing is that he does not hide any of this, but boasts of his wealth and lifestyle,” it says. foreword to the video.
“He is an example of how in Russia, where 20 million people live below the poverty line, where 70 percent of residents dream of a salary of 45 thousand rubles, you can live a wonderful life for your own pleasure. In fact high level. And at the same time do NOTHING. And if you do, then sit on the taxpayer’s neck,” the author wrote.
On YouTube, Navalny’s investigation received almost two million views and over 20 thousand comments in one day.
Dmitry Peskov has not yet commented on the research of Alexei Navalny. The son of the press secretary himself Russian President called the investigation a nightmare and a provocation. “This is some kind of simple nightmare, a provocation. Well, what else can this be considered? Horror,” Choles told RBC, refusing further comments.
At the same time, the publication’s source familiar with the Peskov family confirmed that Choles is indeed the son of the press secretary of the Russian president. “But they practically don’t communicate,” the interlocutor emphasized.
In response, Navalny published a series of photographs on his website, refuting the claim that Peskov “does not communicate” with his son.
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Politician Alexei Navalny notes that the eldest son of Putin’s press secretary, Dmitry Peskov, manages expensive real estate and cars, while being formally unemployed. The man Navalny identified as the official's son, Nikolai Choles, called the publication a "nightmare" and a "provocation."
The politician published a detailed investigation about Nikolai Choles, a former employee of the RT television company, on Thursday.
There is no official confirmation that the hero of Navalny’s investigation, Nikolai Choles, is in fact the son of Dmitry Peskov. The spokesman did not respond to the BBC's request for comment.
It is worth noting that Dmitry Peskov’s eldest son’s name is Nikolai. Choles' Facebook page has a large number of photographs with the daughter of the presidential press secretary, Elizaveta Peskova, some of them signed with the word sis (probably an abbreviation for the English sister - sister).
Information about the relationship between Choles and Peskov was confirmed by a source, noting that they practically do not communicate.
FBK, based on photographs on Chouzla’s Instagram (the account is currently closed), notes that the man owns Tesla cars worth approximately 10 million rubles, and also drives a Range Rover, Ferrari, Mercedes CLA and a Harley-Davidson motorcycle.
Choles regularly flies on private jets and travels on yachts, according to the Diamond Daddy's Golden Child investigation. In addition, he has an apartment with an area of 110 m in the center of the capital.
Choles' Facebook page states that he works for the RT channel and is the creative director of Fight Nights.
The sponsor of this company, according to media reports, is businessman Ziyavudin Magomedov. It was his politician who accused Dmitry Peskov of giving a bribe - it seems that Magomedov paid for the press secretary’s multimillion-dollar vacation on the Maltese Falcon yacht. The Summa group, owned by Magomedov, denied this information.
But in a comment to FBK, Choles said that in Lately doesn't work anywhere. Since February of this year, one company has been registered under it, which, according to FBK, is currently not conducting any activities.
FBK also found out that Nikolai Choles violated traffic rules at least 116 times a year, and several years ago spent approximately 1 year in an English prison on charges of assault and battery.
“He doesn’t work anywhere, but he buys apartments on Rublyovka, Range Rovers, Ferraris, Teslas, watches, travel, and rides horses all day long,” the investigation says.
“This is just some kind of nightmare,” Nikolai Choles said regarding the investigation, calling it a “provocation.” “Well, what else can this be considered? Horror,” he emphasized.
This is not the first time that the Peskov family has been the subject of Alexei Navalny’s investigation. Exactly 2 years ago, the politician reported in his blog that Peskov was vacationing on the Maltese Falcon yacht in Sardinia.
Renting such a yacht costs €385 thousand, or 26 million rubles per week, Navalny noted in his blog. The press secretary then denied this information, noting that he lived in a hotel in Sardinia.
On August 1, at the wedding with Olympic champion Tatyana Navka, a Richard Mille RM 52-01 watch was seen on the hand of a Kremlin official, the cost of which is 620 thousand dollars (38 million rubles) - which is several times higher than the amount of income that Peskov indicated in his declaration.
Navka later reported that the watch was her gift.
Opposition leader Alexei Navalny today published an investigation from which it follows that the unemployed and involved in criminal liability in the UK, Nikolai Choles, the son of Russian Presidential Press Secretary Dmitry Peskov from his first marriage, leads a luxurious lifestyle in Moscow and abroad.
In particular, the Anti-Corruption Foundation (FBK), with reference to photos on social networks, assures that Choles drives a Ferrari, Mercedes CLA, Range Rover, as well as a Harley-Davidson motorcycle.
At the same time, the cost of only the Tesla electric car, registered in the name of Choles, which the press secretary of the Russian President was also seen driving, is “comparable to the annual income of official Peskov,” Navalny writes.
Navalny also claims that Choles did not study at any prestigious university in the UK, but appears in the database of the British court.
Navalny also cites several episodes of offenses for which, according to him, Choles even spent time in a British prison. We are talking about robberies and beatings, as well as non-payment of alimony.
Having moved to Russia, Choles purchased an apartment of 110 square meters in 2014. m overlooking Moscow City on Bolshaya Dorogomilovskaya Street, and in 2015 he bought another apartment on Rublyovka (in Gorki-10). Navalny reported this with reference to registry data.
In 2012, Choles briefly worked as a correspondent for Russia Today. According to the investigation, Nikolai Choles does not currently work anywhere, but calls himself the creative director of the company Fight Nights, owned by Dmitry Peskov’s friend, businessman Ziya Magomedov.
Alexei Navalny argues that in a corrupt system a person can study well, but not reach great heights in his career, and if he is from small town, then the situation gets worse many times over. And another is able to be held accountable and immediately occupy the highest positions in the company only thanks to family ties.
“That’s how the country works and that’s how it’s structured. social elevators. You can get an excellent education and be a terribly hard worker, but in this system, let's be honest, you still don't have much luck. And if you live in the region, then there is no light at all. But for a guy with no education and a prison record for robbery, the elevator doors immediately open and he is taken to the floor, where they pour champagne and give him a Ferrari,” Navalny concludes.
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