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15th Mar 2023

5 wealthy celebrities who won’t be leaving their kids an inheritance

Clodagh McKeon

Ready for your mind to be blown?

As you could imagine, there are probably loads of benefits to growing up with wealthy celebrity parents.

Maybe not the constant paparazzi chaos or the privacy issues but there is the money.

Here are five celebrities who won’t be leaving their wealth to their children.

  1. Mila Kunis & Ashton Kutcher

Although Mila and Ashton both have very successful acting careers, they won’t be leaving their kids money in their will.

They share two children, Wyatt and Dimitri, but have said they’ll be giving their money away to charity after they’re gone.

In a 2018 podcast, Ashton said: “I’m not setting up a trust for them.

“We’ll end up giving our money away to charity and to various things. Hopefully they’ll be motivated to have what they had, or some version of what they had.”

2.Gordon Ramsay

Much loved celebrity chef, Gordon Ramsay is one of the wealthiest men in the food industry no doubt.

But, he doesn’t believe in handing money over to his kids.

He has five children with his wife Tana and they believe their kids will build their own successes from the ground up just like Ramsay did.

He told The Telegraph in 2017: “It’s definitely not going to them, and that’s not in a mean way, it’s to not spoil them.

“The only thing I’ve agreed with Tana is that they get a 25% deposit on a flat, but not the whole flat.”

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A post shared by Gordon Ramsay (@gordongram)

3. Elton John

Elton John is a musical genius that’s for sure.

What’s not for sure is the fact that his two kids with David Furnish may not see the financial fruits of his labor.

In an interview some years ago he said he’s trying to “find the balance” when drafting up his will.

He said: “Of course I want to leave my boys in a very sound financial state.

“But it’s terrible to give kids a silver spoon. It ruins their life. The boys live the most incredible lives, they’re not normal kids, and I’m not pretending they are.

“But you have to have some semblance of normality, some respect for money, some respect for work.”

4. Daniel Craig

Daniel Craig, aka James Bond, told Candis magazine that he believes in the saying, ‘If you die a rich person, you’ve failed.’

He said: “I don’t want to leave great sums to the next generation.

“I think inheritance is quite distasteful. My philosophy is get rid of it or give it away before you go.”

We see your point Mr. Craig.

5. Simon Cowell

As a creator and judge of several popular music reality TV show, Simon Cowell is sitting pretty cushy these days.

But, he said his son Eric won’t be seeing any of his well earned cash.

He said: “I’m going to leave my money to somebody. A charity, probably kids and dogs.

“I don’t believe in passing on from one generation to another.

“Your legacy has to be that hopefully you gave enough people an opportunity, so that they could do well, and you gave them your time, taught them what you know.”

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A post shared by Simon Cowell (@simoncowell)

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