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Rich individuals who cut their kids out of their will - Kiwi Report

Rich individuals who cut their kids out of their will


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The internet is full of articles talking about the net worth of celebrities and famous individuals. This time around we are focusing on self-made millionaires and billionaires who decided to donate their fortunes to charity rather than leave it to their children. This may seem harsh to you, but to these wealthy men and women, it is crucial as they feel that handing down their wealth will hurt their children. There is something to their logic, since self-sufficiency, independence and value all come from knowing how to do things yourself rather than being given everything your whole life.
[post_page_title]Sting[/post_page_title]
Sting, one of the most famous musicians of our time, has decided that he was not going to leave his money to his six children when he is no longer with us. He has said, “I certainly don’t want to leave them trust funds that are albatrosses round their necks, they have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate.” Sting is far from leaving this world (we hope) and is currently worth $300 million. His fortune is said to grow each year as he is still very active in the music industry. We can only assume that since he isn’t giving his children his money, that he will then donate the funds to various charities.

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Sting

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