Neither
As a long term student of Simon and holder of PED his goal IMHO is to grow the company into a highly respected and valuable energy company. He does not need the money or wish to just have more and not be involved. His expertise is energy.
Simon Gregory Kukes is a Russian-born American chemist and retired oil industry businessman. He immigrated to the US to work in the oil industry in the late 1970s, and returned to Russia with AMOCO in 1995. He became vice president at YUKOS, president of TNK-BP from 1998 until 2003, and returned to head Yukos, replacing Mikhail Khodorkovsky. Officially retired he is still consulting in the oil businesses. Holding various positions over the years, Dr. Simon Kukes has served as the principal of his personal investment company, SK Energy LLC, since April 2013. He is the CEO and Director of PEDEVCO Corp. His commitment to the oil and gas industry has inspired Dr. Simon Kukes to publish more than 60 scientific papers and two books on the oil and gas industry of Russia and the United States. He is also the holder of more than 130 patents, primarily in Oil and Petrochemical
He is mid 70's but active and will remain actively growing PED. He has set up his personal Fund SK LLC for his family and legacy. Most of PED is owned through SK.
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