Behind every billionaire there is a story!

Redstone adds more fuel to family feud

Sumner Redstone, the chairman and controlling shareholder of Viacom and CBS says he loves his daughter Shari, but he doesn’t want her to succeed him in his role.

“The reason she won’t succeed me is not she, that she isn’t qualified,” Sumner told CNBC’s David Faber in an exclusive interview. “But I have made it clear that good governance requires — these are two public companies, they’re not private like national, that two companies, these private companies — the boards should decide who succeeds me. I’m not worried about it ’cause it’s gonna be another 20, 30 years.”

 read the rest published by CNBC here:

http://www.cnbc.com//id/25623623