Anglesey Food (Korzinka) Supervisory Board Chairman Zafar Hoshimov responded to a question about whether he is a billionaire during an episode of the Lolazor podcast.
During the conversation, Muhrim A’zamkhodjayev asked Hoshimov, “Are you a billionaire?” Khushnudbek Khudoyberdiyev clarified the question, adding that they were referring specifically to being a dollar billionaire.
Hoshimov said that making such an assessment would require an objective valuation of the company, but there is currently no clear criterion for doing so.
“I'll say one thing: personally, absolutely not, not even close. Honestly. For example, the company would have to be valued objectively for that. That doesn’t exist,” he said.
The businessman said the question was an interesting one, but noted that the company’s valuation does not affect its day-to-day operations and that he continues to focus on the regular activities of his business.
Hoshimov explained his position by referring to American businessman and Walmart founder Sam Walton. According to Hoshimov, after Walton issued shares in the company, he was also asked about his wealth being valued at billions of dollars. Walton reportedly pointed out that these figures represented money on paper and were essentially an abstraction created by accountants.
The founder of Korzinka described the question about his own wealth in a similar way, saying that his business and its operations are more important to him.
“I am a shareholder in a company that is developing very well, a company I am proud of, and that is what I take pride in. I love this work”, Hoshimov concluded.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
