Great figures from the world of entertainment and famous businessmen who own great fortunes have publicly declared that they will not leave an inheritance to their children, apparently fearing that they will not work hard enough to reap their own achievements.
In the following list, you will meet 17 billionaire parents who explain in their own words the reason why they made this drastic decision, although practically all of them agree that excessive money can spoil their offspring.
1.Ashton Kutcher
My kids are living a really privileged life and they don’t even know it. And they will never know because this is all they know. I am not going to create a trust for them. We will end up giving away our money to charity and various other things.
2.Daniel Craig
My philosophy is to get rid of him [dinero] or give it away before you go. I don’t want to leave large sums to the next generation.
3.Mark Zuckerberg
[Hijo] we want you to grow up in a better world than ours today. We will do our part to make this happen, not only because we love you, but also because we have a moral responsibility for all children of the next generation.
4.Marie Osmond
Congratulations, children. My husband and I decided that you do your children a great disservice if you just give them a fortune, because you take away the most important gift you can give your children, and that is the ability to work.
5.Simon Cowell
I’m going to leave my money to someone. A charity, probably: children and dogs. I do not believe in the transmission from one generation to another.
6. Gordon Ramsey
Definitely [la herencia] it’s not going to go to them and that’s not in a bad way, it’s not to spoil them. The only thing I have agreed with Tana is that they receive a 25 percent deposit for an apartment, but not on the entire apartment.
7. Bill Gates
It is not a favor for children who have large sums of wealth. It distorts anything they can do, creating its own path.
8.Jackie Chan
If you are able, you can earn your own money. If it’s not, you’re just wasting my money.
9. Laurene Powell Jobs
I inherited my wealth from my husband, who did not care about the accumulation of wealth. I am not interested in legacy heritage buildings and my children know it.
10. George Lucas
I am devoting most of my wealth to improving education. It is the key to the survival of the human race.
11.Elton John
Of course I want to leave my children in a very solid financial state. But it is terrible to give a silver spoon to children. It ruins their lives.
12.Andrew Lloyd Webber
I’m not in favor of kids suddenly finding a lot of money coming their way because then they have no incentive to work.
13. MacKenzie Scott
My approach to philanthropy will continue to be thoughtful. It will require time, effort and care. But I will not wait and will continue to do so until the safe is empty.
14.Kevin O’Leary
I do not plan to give my children any of my wealth. They know that when their education is over, I will take them out of the nest. You want to prepare your children to start their own lives. I tell wealthy parents that if they don’t kick their kids out of the house and put them under the stress of the real world, they won’t get off the ground. They will become adults without success.
15.Bernard Marcus
I have always believed that leaving enormous wealth for our children does not stimulate their ability to do it for themselves. I also believe that all our efforts to create the wealth that we have can bring us much more joy.
16.Anderson Cooper
I don’t believe in inheriting money. I think it’s a curse.
17.Sting
I told them that there will not be much money left because we are spending it. We have many commitments. What comes in we spend and not much remains. I certainly don’t want to leave them trusts that are a drag on their necks. They have to work. All my children know that and rarely ask me for anything, which I truly respect and appreciate.
We do not know what you think about the statements of these characters, but, without a doubt, we believe that they are very right, although frankly we would not like to be in the place of their heirs.
Source: Okchicas
I’m Ava Paul, an experienced news website author with a special focus on the entertainment section. Over the past five years, I have worked in various positions of media and communication at World Stock Market. My experience has given me extensive knowledge in writing, editing, researching and reporting on stories related to the entertainment industry.
