15 Billionaires Who, Instead Of Leaving A Fortune To Their Children, Will Donate It To Charity

For some rich people with hundreds of millions (or even billions) of dollars in assets, thinking about their own inheritance does not mean simply leaving a super luxurious life for their children and grandchildren. They preferred to think about the Planet and society. Therefore, they decided that after death, most of his fortune would go to charity. Some are already great supporters of philanthropy still alive through foundations, for example. Others have even passed away and left not a penny for their heirs, seeking a better fate for their fortune.

O awesome.club brings you, the reader, a selection of 15 rich people who decided to donate most of their wealth to charity.

The acting couple decided to raise their children without frills or eccentricity, so that they learn to appreciate the little things. Mila and Ashton even declared that they will not leave an inheritance for them. “We are not going to leave money for our children. When the time comes, we’ll donate everything we have to charitable causes,” Kutcher told Armchair Expert host Dax Shepard in a podcast.

He also clarified that when the little ones grow up and want to start their own businesses, they will have support. But he made it clear that the objective is for them to learn to work and not live waiting for the inheritance. “That will motivate them to fight to live up to the inheritance or at least a part of it”, said the actor.

The famous judge of several UK talent shows, such as Britain’s Got Talent, declared that he will leave no inheritance to his son. “I will leave my money to someone else. For a charity, probably children and dogs… I don’t believe in the idea of ​​passing it down from one generation to another.”

Cowell also said that he would rather be remembered for helping others succeed than helping his own children get rich “with a kiss”. “His legacy should provide opportunities for many people. You give them your time, teaching them what you know”, added the billionaire British director of Sony Music.

The British rock star had a very poor childhood until he managed to accumulate a great fortune. Sting has already made it clear that, like him, his children will have to work hard to support themselves. “I don’t want to leave you funds that ‘weigh on your shoulders.’ They have to work. All my children know this and they rarely ask me for anything. And I very much respect and appreciate that attitude,” said the famous former frontman of The Police. However, Sting has already clarified that if his children have extreme problems, he will help them. He does, however, believe in the values ​​he has imparted to them and is sure they strive to succeed on their own merits.

The charismatic and controversial frontman of KISS has built his career from scratch. He was born in Israel and later moved to Queens, New York (USA), where, together with guitarist Paul Stanley, he created the group that today has 30 gold discs.

The artist hopes that his two children, Nick and Sophie, will also fight for their goals. He has already declared that both will have some support, but will never get rich with their assets. Simmons has made it clear that he will force them to work hard to forge their own path. This means that his fortune, currently valued at 350 million dollars (the equivalent of 1.78 billion reais), will have other heirs after his death.

The talented singer also joined the list of famous British people who decided not to leave their entire fortune to their children and allocate a large part of it to charity. John once said, “Of course I want to leave my children in a very solid financial state, but it’s terrible to make it too easy by giving everything away. It would ruin their lives.” Likewise, the author of Rocket Man added that his children have incredible lives, but that it is necessary to give that life an aspect of “normality” in order to, in this way, make them cultivate some respect for money and hard work.

Gordon Ramsay is one of the most famous chefs on the planet. He’s featured on TV shows that air around the world and has raked in millions thanks to shows like MasterChef USA🇧🇷 Junior MasterChef and hell’s kitchen🇧🇷 His net worth is estimated at around 217 million dollars (the equivalent of 1.1 billion reais).

However, Ramsay has no intention of leaving his fortune to his four children. “It’s definitely not going to be aimed at them,” he said. “And that’s not bad, it’s not to spoil them,” he added. Likewise, the chef recognizes that, in recent years, he has been very lucky in his career and has obtained a great fortune. And he makes sure he respects everything he has.

Mark Zuckerberg, founder and president of Facebook, became a billionaire before turning 32 and today has a fortune of more than 72 billion dollars (the equivalent of 367 billion reais). However, he is not going to share most of his money with his children. In a 2005 letter to then-newborn daughter Maxima, Zuckerberg and his wife, Priscilla Chan, pledged to donate 99% of the company’s shares, which amounted to more than $45 billion at the time. . Previously, in December 2012, Zuckerberg and his wife had announced that they would donate most of the wealth accumulated throughout their lives to “foster human potential and promote equality”, in the same spirit as the foundation. The Giving Pledge (The Giving Pledge, in the free tradition🇧🇷 created by Bill Gates (Microsoft) and billionaire Warren Buffet. Zuckerberg, Gates and Buffet are all among the 10 richest men in the world, according to Forbes magazine.

Paul Allen, who died in 2018, was an American businessman and tycoon, co-founder of Microsoft. Much of his fortune was donated during his lifetime through his institution, the Paul G. Allen Family Foundation, for which he earmarked 30 million dollars (the equivalent of 153 million reais) a year. Paul also sponsored the Paul G. Allen Center for Computer Science and Engineering, which opened in 2004, donating $14 million.

Allen regularly appeared in the magazine forbes on the list of the richest people in the world. After his death, his fortune was estimated at 17.5 billion dollars (the equivalent of 89.37 billion reais). When he was being treated for an illness, he declared that when he died, a large part of his money would go to charity.

The actor, producer and martial arts expert said that upon his death he will donate half of his fortune to charity, meaning he has no plans to leave the millions of dollars he earned during his career to his two children. “If he is capable, he will earn his own money. If he doesn’t, then he’s just wasting my money,” Chan said of Jaycee, his first child. By 2020, Chan had amassed an estimated net worth of $370 million, making him number 12 on the list of the richest actors in the world.

Lloyd Webber was and is still a huge success in Great Britain as a theater director and producer, especially in shows like The Phantom of the Opera🇧🇷 Thanks to his success and talent, he amassed an estimated fortune of 920 million dollars (the equivalent of 4.69 billion reais). Webber plans to donate his fortune to the theater industry, to which he believes he owes his success. In addition, he has already made it clear that his five children will receive very little money after he dies, ensuring that this situation does not even bother them, because, according to him, they are all in favor of ethics at work. “I don’t believe in inherited money at all,” he said. “I’m not in favor of kids suddenly having a lot of money, because they won’t have any incentive to work,” he added.

Kirk Douglas, one of the greatest actors of all time and father of the also brilliant Michael Douglas, died on February 5th. None of his children, including Michael, received a penny of his inheritance. Through his Douglas Foundation, he left most of his fortune, estimated at 61 million dollars (the equivalent of 311 million reais), to charities. The foundation was established with his wife in 1964. Kirk has therefore dedicated much of his life to philanthropy. Among the charities favored by the Douglas Foundation are Temple Sinai in Los Angeles, Kirk Douglas Theater in Culver City, Children’s Hospital Los Angeles and St. Lawrence, in New York.

The founder of Microsoft ranked second on the list of the richest men in the world in 2019 according to Forbes Magazine. However, he and his wife, Melinda, have no thoughts of leaving their immense fortune to their three children. “I don’t think it’s a good idea to give money to my kids. That would not be good for them or society,” he said. Through his foundation, created in 1994, Gates and his wife dedicate themselves to philanthropy and have already raised more than 37 billion dollars (the equivalent of 188 billion reais).

In early 2009, Gates created, together with Warren Buffett, the aforementioned foundation The Giving Pledge, for which several billionaires pledged to donate at least half of their wealth to charity.

The eternal James Bond has already made it clear that he will not leave a penny of his fortune, valued at 125 million dollars (the equivalent of 638.3 million reais), for his children when he dies, as he considers the idea of ​​​​an inheritance “unpleasant” . Furthermore, he said that his philosophy is to get rid of your wealth or give it away before you die. “I don’t want to leave large sums to the next generation,” declared the famous actor.

In July 2010, Lucas, the wizard behind the success of the saga Star Wars, signed a document committing to be part of the aforementioned project The Giving Pledge, of Bill Gates and Warren Buffett and thus promising to deliver at least half of his fortune when he died. “I am dedicating most of my wealth to improving education,” Lucas wrote in his letter of commitment. “As long as I have the resources at my disposal, I will try to bring improvements to future generations of students of all ages,” he added.

The American filmmaker, who also gave life to the saga Indiana Jones, is the father of four children, who will not inherit most of his fortune. Lucas said in a statement that he would allocate the $4 billion to charity…