• Tech
  • Career
  • Business
  • Finance
Half Eddie These Billionaires Are Raising Their Kids Poor, and It’s Actually a Good Thing
0Shares
0 0 0 0 0
Half Eddie
  • Tech
  • Career
  • Business
  • Finance
Finance

These Billionaires Are Raising Their Kids Poor, and It’s Actually a Good Thing

Ami Ciccone Nov 10, 2021
0Shares
0 0 0 0 0

No doubt, parents will do whatever it takes to give their kids the life they deserve. But, where do you draw the boundary? Some moms and dads prefer to work until they can no longer just for their children’s inheritance or trust funds.

However, others wouldn’t like to leave anything or just a meek portion of their hard-earned fortune to their offspring because they don’t want them to be spoiled – here are the world’s richest who will be doing that:

Ashton Kutcher

Creator: AENOR, MATOL | Copyright: The Mega Agency

That ‘70s Show star Ashton Kutcher is not just an actor but he is also an investor, who is now estimated to be worth $200 million. However, he has been vocal about his intentions of not setting up a trust fund for his two kids, Wyatt Isabelle and Dimitri Portwood, with wife Mila Kunis.

Ashton Kutcher wants his kids to work for their money

The 41-year-old further explained that their children are now living a privileged life without them being aware of it. When they grow up, he would be open to listening about their business proposals if they sought help from A-Grade Investments, his capital firm, but the No Strings Attached thespian wouldn’t give them special treatment.

Andrew Lloyd Webber

Creator: Dave M. Benett | Credit: Getty Images | Copyright: 2010 Dave M. Benett

Andrew Lloyd Webber is not a fan of children getting instant money

Famous composer Andrew Lloyd Webber has built a massive fortune in his active years in the music industry – an amount that ballooned to over $1 billion. However, despite the earnings, his children won’t get a portion of that and the musician revealed his five kids are ok with that.

One of the masters behind The Phantom of the Opera explained he doesn’t want his bundles of joy to suddenly have so much because that would become a reason not to find a job.

Mark Zuckerberg

Facebook founder and CEO Mark Zuckerberg happily announced in December 2015 that they have been blessed with a baby girl, Max, through a post on the social media site. Apart from the big news, he and wife Priscilla Chan revealed that 99 percent of the child’s inheritance will be given to charity because they have a responsibility to other kids, too.

The Facebook founder would give 99 percent of his daughter’s money to charity

The couple also told Max that they want her to grow up into a better world, hence the step they have taken. Mark and Priscilla are known for their philanthropic efforts, even putting up the Chan-Zuckerberg Initiative.

Bill Gates

Creator: Hindustan Times | Credit: Hindustan Times via Getty Images | Copyright: 2021 Hindustan Times

Another philanthropist on this list is Microsoft founder Bill Gates, the second wealthiest man with a $113-billion net worth. He already said that the majority of his fortune would go to charity, but he wouldn’t leave his kids emptyhanded.

His three children would get $10 million each, which is just less than 1 percent of his money.

Share This
0Shares
0 0 0 0 0
Previous Article
Harvard’ Billionaire Professor and Serial Investor Scores Big
Next Article
A Growing Number of Americans are Excitedly Investing in Cryptocurrency
Comments (0)

Leave a Reply Cancel reply

You must be logged in to post a comment.

Related News

Finance
Your Kids Can Become More Financially Literate with Their Own Savings Account – Here’s How to Open One
Susan R. Parks Jun 15, 2024
Finance
Newly Retired? Then You Need to Develop These Good Habits
Susan R. Parks Jun 08, 2024
Finance
How to Make Life Easier: Four Dollar Store Hacks You Should Know by Heart
Ami Ciccone Jun 08, 2024
Finance
Celebrities Who Own Private Island Paradises and are Proud of ‘Em – Part II
Susan R. Parks Mar 21, 2024
Half Eddie
  • Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Terms Of Use

Copyright . All RIGHTS RESERVED.

  • Lost Password Back ⟶
  • Login
  • Register
Lost Password?
Registration is disabled.