Sometimes people who are born into wealthy, well-known families experience more challenges in life than people whose parents are normal people. How can someone determine whether their success is their own doing or whether their family's notoriety plays a significant role? To make sure that all of your assets, money, and property go to the correct people, you make a will. And the most important choice for parents is what to leave for their children.
It's a simple decision for most people to distribute everything equally among the children. But these well-known millionaires and billionaires have promised to leave their children very little or none of their estates. The richest people in the world have already made the decision not to leave their wealth to their heirs. They just want their children to understand the importance of hard work and success. Therefore, many give money to charitable organizations,
We'd like to share with you 12 examples that we found. Which of their choices do you agree with? If you had the choice, would you leave your kids with all of your money or nothing at all?
“It is about having a work ethic — I don’t believe in inherited money at all. I am not in favor of children suddenly finding a lot of money coming their way because then they have no incentive to work,” the composer says.
Craig, who comes from a poor family, believes that everyone should work for a living. The actor finds the concept of "inheritance" distasteful. His philosophy holds that a person should spend all of their money during their lifetime.
Cassidy, on the other hand, considered his son, who grew up with him, to be one of the best people he had ever known. When the actor died, it was discovered that he did not leave anything to his daughter and that all of his property was passed down to his son.
The businesswoman invests millions of dollars in companies that have the potential to change the world. In 2015, for example, she launched a program to assist low-income students in paying for college.
The official reason was never revealed. However, some believe that the decision about Petra was made because the girl's mother sued Brando for money. It's unclear why the Oscar-winning actor punished his grandson.
In 2007, the actor stated publicly that he wanted his 45-year-old son “to make a living on his own and not off his father’s hook.”
The producer is against leaving his money to his children. Cowell says he'd rather give the money to charities that help children and dogs.
It's a simple decision for most people to distribute everything equally among the children. But these well-known millionaires and billionaires have promised to leave their children very little or none of their estates. The richest people in the world have already made the decision not to leave their wealth to their heirs. They just want their children to understand the importance of hard work and success. Therefore, many give money to charitable organizations,
We'd like to share with you 12 examples that we found. Which of their choices do you agree with? If you had the choice, would you leave your kids with all of your money or nothing at all?
#1 50 Cent
Source: © Joe Sutter, PacificCoastNews / East News
#2 Anderson Cooper
Source: @andersoncooper
#3 Andrew Lloyd Webber
Source: Upsocl
“It is about having a work ethic — I don’t believe in inherited money at all. I am not in favor of children suddenly finding a lot of money coming their way because then they have no incentive to work,” the composer says.
#4 Daniel Craig
Source: © Invision / Invision / East News
Craig, who comes from a poor family, believes that everyone should work for a living. The actor finds the concept of "inheritance" distasteful. His philosophy holds that a person should spend all of their money during their lifetime.
#5 David Cassidy
Actor David Cassidy is a great example of how a parent can truly love one child more than the other. He stated in one of his interviews that he does not consider himself a father to his daughter, Katie Cassidy because he did not raise her.
Cassidy, on the other hand, considered his son, who grew up with him, to be one of the best people he had ever known. When the actor died, it was discovered that he did not leave anything to his daughter and that all of his property was passed down to his son.
#6 Joan Crawford
Source: AmoMama
#7 Kirk Douglas
Source: © Unknown author / Wikimedia Commons, © Public Domain
#8 Laurene Powell Jobs
Source: The New York Times
The businesswoman invests millions of dollars in companies that have the potential to change the world. In 2015, for example, she launched a program to assist low-income students in paying for college.
#9 Marlon Brando
Source: © Paramount Pictures / Wikimedia Commons, © Public Domain
The official reason was never revealed. However, some believe that the decision about Petra was made because the girl's mother sued Brando for money. It's unclear why the Oscar-winning actor punished his grandson.
#10 Philip Seymour Hoffman
Source: © The Hunger Games: Catching Fire / Lionsgate
#11 Sean Connery
Source: © Hahn Lionel / ABACA / Abaca / East News
In 2007, the actor stated publicly that he wanted his 45-year-old son “to make a living on his own and not off his father’s hook.”
#12 Simon Cowell
Source: Daily Highlight
The producer is against leaving his money to his children. Cowell says he'd rather give the money to charities that help children and dogs.