Ashton and Mila, plus more celebrities who refuse to pass their fortunes to their children | Gallery
Nov. 16, 2021 at 5:22 a.m. PST
The children of rich and famous celebrities will inevitably inherit their parents’ fortune, right? Well, not always. Join Wonderwall.com as we take a look at the stars who don’t plan on passing their fortunes on to their child … starting with this couple. During a conversation with presenter Dax Shepard on the Armchair Expert podcast in 2020, Ashton Kutcher announced that he and his wife Mila would not financially start their two children Wyatt and Dimitri. “My kids have really privileged lives and they don’t even know it,” explained the That ’70s Show alum. “And they’ll never know because that’s the only thing they’ll know. I’m not starting a trust on them. In the end, we’ll be spending our money on charities and different things.”
Read on to find out more celebrities who don’t leave their fortunes to their kids …
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Big Bucks Daniel Craig – in 2021 it was reported that he was earning a salary of $ 100 million to repeat his role as Detective Benoit Blanc in two sequels to Knives Out. He also earned $ 25 million for his latest Bond film, “No Time to Die”. But the British actor – who has two daughters – does not support the idea of an inheritance. “My philosophy is to get rid of it or give it away before you go,” he told Saga Magazine in 2020. “I don’t want to leave large sums of money for the next generation.”
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In 2020 singer and actress Marie Osmond revealed on “The Talk” that she will not leave her seven children with a large sum of money. “Congratulations, children,” began the “Donny & Marie” star. “My husband and I have decided that you are doing your children a great disservice by simply giving them a fortune by stealing the most important gift from your children and that is the ability to work.” She continued, “You often see it in rich families where the kids don’t know what to do to get them into trouble, so I just let them be proud of what they’re doing.” Marie plans to donate her fortune to charity.
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Anderson Cooper, who welcomed son Wyatt in 2020, is another star who refuses to leave his fortune on his child. “I don’t believe in passing [on] huge sums of money. I don’t know what I’ll have I’m not really interested in money, “said the CNN star on the Morning Meeting podcast in 2021.” I have no plans to have some kind of gold pot for my son. … I’ll follow what my parents said that college gets paid and then you have to move on. ”
From “Every Breath You Take” to “Fields of Gold”, British singer-songwriter Sting gave the world a lot of great music that made him a lot of money. However, he has no intention of leaving any of his reported net worth of $ 400 million to his six offspring. “I definitely don’t want to give them trust funds that are albatrosses around their necks,” the police frontman told the Daily Mail in 2014. “They have to work. All of my children know that and they rarely ask me about anything,” which I do a lot respect and treasure. “
Don’t expect Gordon Ramsay to put his children on their feet financially. The British chef and restaurateur, who shares five children with his wife Tana, has not shied away from expressing his willingness – and also his unwillingness – to care for his children when money is at stake. “It’s definitely not going to them, and that’s not mean; it’s about not spoiling them, “he told the Telegr -h in 2017.” The only thing I’ve agreed with Tana is that they get a 25% down payment on an -artment, but not the whole -artment. ”
Sir Elton John has an estimated net worth of $ 500 million. The “Rocket Man” singer believes, however, that leaving a stout inheritance to the two sons he shares with husband David Furnish will be detrimental to their lives. “Of course I want to leave my boys in a very solid financial position,” he told The Sun in 2016. “But giving kids a silver spoon is terrible. It ruins their lives.” The Tiny Dancer hitmaker continued, “Listen, the guys live the most incredible lives, they’re not normal kids and I don’t pretend they are. But you have to have some semblance of normality, some respect Money, some respect for work. ”
Music mogul and reality TV contest judge Simon Cowell has made it clear that his son Eric and partner Lauren Silverman will not benefit from his wealth down the line. “I’m going to leave my money to someone. Probably a charity – kids and dogs, “the judge told American Idol,” America’s Got Talent, “and” The X Factor “The Mirror in 2013. I don’t believe in the passing of one generation to another.” He went on : “Your legacy must be that, hopefully, you gave enough people a chance to do well and you gave them your time and taught them what you know.”
In 2021, Laurene Powell Jobs – the widow of the late -ple CEO Steve Jobs – is said to have been worth $ 21.7 billion. The philanthropist and founder of the Emerson Collective has a specific plan for her money. “I inherited my fortune from my husband who didn’t care about fortune accumulation,” she told the New York Times in 2020. “I’m not interested in wealth accumulation, and mine [three] Children know that. If I live long enough, it ends with me. “
George Lucas, whose net worth is $ 7.1 billion, is a strong advocate of education. The filmmaker who founded the George Lucas Educational Fund donated most of the $ 4 billion he made from selling his “Star Wars” franchise to Disney to support educational initiatives in the United States, instead to set up his four children with large trusts. “I dedicate most of my fortune to improving education,” he said during The Giving Pledge. “It is the key to human survival. We have to plan for our future together – and the first step begins with the social, emotional and intellectual tools that we make available to our children. ”
Since divorce from Amazon founder and CEO Jeff Bezos in 2019, writer MacKenzie Scott’s net worth has risen to a staggering $ 60 billion – thanks to the 4% stake in Amazon she received as part of her divorce settlement. In 2021, MacKenzie hit the headlines after she blogged that she donated $ 2.74 billion to 286 organizations in “Categories and Communities Historically Underfunded and Overlooked”. This is also not the first time she has shared her wealth. In 2020, MacKenzie made headlines when she donated nearly $ 6 billion to organizations in need. She is one of the billionaires who signed the Giving Pledge and vows to donate at least half of her fortune to charity instead of leaving it to her four children.
Renowned composer Andrew Lloyd Webber, who has five children, believes there is value in giving your children an incentive to work. “I’m not in favor of children suddenly finding a lot of money because they then have no incentive to work,” he told Spiegel in 2012. The man behind countless musicals, including “The Phantom of the Opera” – whose network Der Wert is reportedly $ 1.2 billion – and continued, “We could use the royalties to fund anything from scholarships to the world’s young artists and composers.”
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