The trend among some of the world’s top celebrities is to eschew leaving their vast fortunes to their children. Celebrities such as Daniel Craig, Sting, Sara Davies, Nigella Lawson, Gordon Ramsay, and Ashton Kutcher have all spoken out about their decision not to pass on their wealth to their offspring. Daniel Craig, known for his role as James Bond, has a fortune of £116 million but has stated that he finds the practice of inheritance “quite distasteful.” Similarly, Dragon’s Den star Sara Davies, with an estimated net worth of £35 million, has also expressed her intention not to leave her sons her vast inheritance.
Sting, the rock legend with an estimated net worth of £135 million, made headlines back in 2014 when he revealed that he wouldn’t leave his six children any of the money he had earned. He emphasized the importance of his children having a strong work ethic and not relying on trust funds for financial security. Nigella Lawson, another high-profile figure, has also taken a similar stance. The celebrity chef, worth £15.7 million, has stated that she is determined that her children should have no financial security, believing that leaving them an inheritance would ruin them.
Gordon Ramsay, with an estimated net worth of £610 million and a father of six, has declared that he will not be leaving a penny of his fortune to his children for fear of spoiling them. Instead, he has agreed with his wife Tana that their children will receive a 25 percent deposit on a flat. Ashton Kutcher, the American actor with a net worth of £157 million, shares this sentiment, stating that he won’t be setting up trust funds for his children. Instead, if his kids want to start a business with a good plan, he will invest in it, emphasizing the importance of self-made success.
These celebrities are part of a growing trend of high-profile figures choosing not to leave their wealth to their children. Instead, they are focused on instilling a strong work ethic and a sense of independence in their offspring. By not relying on inheritance, these famous individuals hope to encourage their children to make their own way in the world and succeed based on their own merit. While some may find this approach unconventional or controversial, it reflects a shift towards valuing hard work and self-reliance over financial inheritance in the world of celebrity wealth.
