Some celebrities are refusing to share their money with their children. As a result, the kids may receive less than they desire.
Some parents have decided to send their kids overseas for a while so they don’t grow too spoiled. This helps to teach the child some responsibility and how to earn things themselves.
Here are 10 Celebrities Who Don’t Believe in Inheritance
1. Ashton Kutcher and Mila Kunis
This power couple believes in raising their kids in a way that doesn’t involve spoiling them.
2. Gordan Ramsay
Despite being one of the world’s richest chefs, his four kids shouldn’t expect free food.
3. Mark Zuckerberg
With the birth of his first daughter, Max, to him and his wife Priscilla Chan in December 2015, Facebook founder Zuckerberg expressed his thoughts on inheritance.
Zuckerberg declared that they would contribute 99% of Max’s bequest to charity in a letter written straight to him.
4. Elton John
He’s obviously got money to give because he’s been a well-known singer for decades. Zachary and Elijah, his two sons, are not going to benefit from any of it.
Elton and his husband David Furnish are employing this approach to teach their children about money.
The musician made it clear in 2014 that his six children would not get a piece of the pie. $300 million! That’s his fortune, in English.
6. Jackie Chan
After he passes away, Chan said that he wants to donate his money to charity.
7. Andrew Lloyd Webber
Webber is a renowned musical composer who is most recognized for his work on The Phantom of the Opera and Cats.
His $1.2 billion fortune has allowed him to live a lavish lifestyle, but his five children will receive nothing.
Thankfully, he claimed that his youngsters are unconcerned about it.
8. George Lucas
George Lucas became the owner of $6.4 billion when he sold his “Star Wars” franchise and production company to Disney.
He donated $4 billion to charity instead of leaving money to his four children.
9. Barron Hilton
Upon passing away in 2019, Paris Hilton’s grandpa, who had amassed a $1.2 billion fortune, did not leave any of his fortunes to his eight kids or fifteen grandkids.
Instead, the Hilton Foundation received 97% of his gift. His heirs eventually received the remaining three percent.
10. Bill Gates
Gates is a rich guy who is also a generous guy.
This is the real reason he isn’t giving his three children a large portion of his wealth. They will only get $10 million each in the end.
Gates explained why in a Reddit AMA.
11. Simon Cowell
When it comes to leaving a fortune to his son, Eric, Simon says no.