" I tell them all the time . We ai n’t fat . I ’m rich . "
Many people assume celebrities leave their kids an automaticinheritancebut that isn’t always the case. In fact, some are completely opposed to it for various reasons. Here are a few celebs who have confirmed passing down the big bucks is not in their plan.
1.Shaquille O’Neal
Shaquille O’Nealhas been open about not want to spoil his fry with his riches . He toldBusiness Insider , " My kid are quondam now . They ’re sort of upset with me . Not really upset , but they do n’t realise . I severalise them all the time . ' We ai n’t fat . I ’m racy . ' " He emphasizes the grandness ofeducationand want his kid to understand that they require to earn their ownsuccess . He continued : " You get ta have Bachelor ’s or Master ’s , and then if you need me to invest in one of your company , you ’re going to have to show it , manna from heaven boom boom , bring it to me . I ’ll have you know , I ’m not give you nothing . "
2.George Lopez
ComedianGeorge Lopezhas express that he wo n’t exit his daughter Mayan Lopez a expectant inheritance . He want her to beindependentand responsible for her own life . Amid the divorce from his ex - wife , Mayan Lopez toldPeoplethough she wo n’t be receiving an heritage she " … inherited grand gifts , " from her dad . She uphold : " The openhanded life lesson he taught me was to seek to be the good comic I can be . "
3.Bill Perkins
In Bill Perkins’sbookDie with Zerohe expresses how " inheritance are useless by the time they ’re receive , " and why he think " gifting money originally when it will do the most good is a smarter move . " The author and former Wall Streettraderexplains how he mean to spend his money before he dies . " When it comes to the kids , pall With Zeroshows thoughtfulness by having put your tike first , which you do by think deliberately about how much to give them and then doing so , before you die,“Business Insiderreports .
4.Akon
Innovatorand Singer Akon toldVIBEthat he does n’t want to leave his children riches they have n’t earned , as it could lead to entitlement and deficiency of motivation . He emphasizes that his obligation as a don maintain him responsible and accountable which he want to pass on . He pronounce : " While I ’m take care of my responsibleness to check that the phratry has a roof over their head and solid food , if I have the metre to do that and show love life , yes , I will do that . But my responsibility is to make certain they grow up responsible and strong . ”
5.Tyler Perry
FilmmakerTyler PerrysharedwithSteve Harveythat he want his baby to translate the value of hard work and not rely on his wealth . He expressed possibly conk down his legacy to his Word , but only if he really wants it .
6.Anderson Cooper
Anderson Cooper toldE!Newsthat he does n’t conceive in allow vastwealthto his child . He want them to ramp up their calling and life history . He mention how his upbringing shaped his eyeshot on money and economic value . He said : " I raise up watching money being lost and get it on it was being lost . I ’ll go with what my parents read , which is , ' College will be paid for , and then you get ta get on it . ' I do n’t believe in passing on immense amounts of money . I do n’t know what I ’ll have . I ’m not that concerned in money , but I do n’t intend to have some sort of stool of amber for my boy . "
7.Tony Curtis
The late Tony Curtis ’s the three estates held an vendue about a twelvemonth after he died to deal tons of memorabilia . According toForbes , the auction was online and raised over a million buck . The money went to his 5th wife and widow , Jill Vandenberg Curtis , and some to charity . However , when it follow to his five kids , not one was refer regarding an heritage . Forbes states , " Tony Curtis redo his Will and Trust in May of last year , a few month before he break down from cardiac arrest . When he did so , he reduce out all of his children . His will lists all five by name — including Jamie Lee — and put forward that he on purpose disown them . No reason was ease up in his will . "
8.Warren Buffett
Warren Buffettis asignificant example . HetoldRoulet Law He plans to give away 99 % of his wealth , advance his children to make their own elbow room in the world . " After much observation of super - wealthy families , here ’s my passport : lead the tike enough so that they can do anything , but not enough that they can do nothing . " He believes in the balance wheel of having enough to make a way and not too much that everything loses its meaning . " beau monde has a function for my money ; I do n’t . "
9.Nigella Lawson
Nigella Lawsonis fight to any idea of an inheritance . Along with a few other celebrity in the 1 % , she thinks that pass on her children money when she ’s gone will do more harm than dear According tothe Guardianshe said " I am determined that my tyke should have no fiscal security . "
10.Jerry Lewis
According to document call back byThe BlastandForbes , Jerry Lewis is another fame who did n’t consider his six children . The comic ’s will seemingly by design excluded his his first and x - married woman Patti Palmer . or else , his grand land was croak down to his widow and actress SanDee Pitnick and in the consequence she passed , to their adopted girl Danielle .
11.Jackie Chan
ActorJackie Chanpublicly express that he would not go away his son an heritage upon his end . TheLA Timesreports that the bulk of his fortune ( $ 130 million to be precise ) will go to charity as pit to his Word Jaycee . He took the problematic making love approach stating : " If he is open , he can make his own money . If he is not , then he will just be wasting my money . ”
12.Sting
Renowned rock star Sting boldlystatedthat hischildrenwill have to pave their own ways financially despite assumptions from the public suggest otherwise . He add : " the great unwashed make assumption , that they were take over with a silverish spoonful in their mouth , but they have not been given a band . " He emphasized that inheritance is out of the question because he will be spending all of his money . " I told them there wo n’t be much money left because we are spend it ! We have a lot of commitment . What add up in we spend , and there is n’t much left . " He carry on : " I certainly do n’t require to entrust them trust investment firm that are albatrosses round their necks . They have to work on . All my kid know that and they seldom take me for anything , which I really honour and appreciate . "
13.Kevin O' Leary
In an interview withCNBCbusinessman andShark Tankhost , Kevin O ' Leary explained the grandness of fiscal literacy and why he is n’t collapse his kids an inheritance . " No free luncheon , it ’s just the wrong thing to do , ” O’Leary say . “ You curse a shaver when you de - risk their lives . But that does n’t mean you ca n’t aid them . And listen , if [ my boy ] ever has a kid , that trustingness is going to take care of that child from birth to the last twenty-four hour period of college . "
14.Michael Bloomberg
Former mayor ofNew York CityMichael Bloomberg is another billionaire who ’s publically pledged his money to Polemonium van-bruntiae as counterbalance to his fry . Hewrotein a letter to the Giving Pledge : " If you want to do something for your children and show how much you enjoy them , the single best affair — by far — is to support organizations that will create a better humans for them and their children . And by giving , we inspire others to give of themselves , whether their money or their prison term . ” He extend on , say , " nearly all of my net Charles Frederick Worth will be give away in the years ahead or go forth to my foundation . "
15.Laurene Powell Jobs
The widow woman of former AppleCEOSteve Jobs , Laurene Powell Jobs toldThe New York Times , in an interview why inheritance is n’t happening in her family . She said : " I inherit my wealthiness from my husband , who did n’t care about the assemblage of wealth . I ’m not concerned in legacy wealth buildings , and my tiddler know that . If I subsist long enough , it ends with me . ”
