Top 10 RICH Celebrities Who Won’t Leave Anything to Their Kids

Script written by Noah Achod These celebrities don’t want to share the wealth – not even with their own famous kids! For example: Filthy rich famous people such as Barron Hilton will be sending around 97% of their wealth to the Hilton Foundation, so Paris Hilton won’t see much of it! The same goes for Gene Simmons and his son and daughter, Warren Buffet and his riches, and even mega-billionaire Bill Gates!
Credits
Tags
Comments

You must login to access this feature

Transcript

Top 10 RICH Celebrities Who Won’t Leave Anything to Their Kids


You’d think with this much money, they’d be willing to share the wealth - at least with their own children. Welcome to WatchMojo.com, and today we’ll be counting down our picks for the Top 10 Rich Celebrities Who Won’t Leave Anything to their Kids

For this list, we’re looking at examples of the rich and famous who reportedly plan on giving their descendants only a small portion of their wealth... or none at all.

#10: Barron Hilton

Barron Hilton is the son of Conrad Hilton, who founded Hilton Hotels. Despite his massive success in business and philanthropy, nowadays, when we hear the name Hilton, we tend to think of his granddaughter, Paris. Famous for being the queen of tabloid news at one point, some might argue that she tarnished the Hilton name with her various reality TV and celebrity heiress antics. However, Barron Hilton’s actions reflect a very different view of wealth and status. Like his father Conrad, Barron plans to donate 97% of his wealth to the Conrad N. Hilton Foundation. The foundation seeks to improve the life of disadvantaged and vulnerable people throughout the world.

#9: Gene Simmons

Gene Simmons of Kiss built his fortune through hard work and dedication - and he wants his children to do the same. Coming from a family that he has described as “dirt poor,” his values aren’t that surprising. Speaking with Michael Eisner on his CNBC show, Simmons explained: “What I wanna do is what every bird does in its nest -- it forces the kids to go out there and figure it out for themselves.” Basically, he wants his children to have to fend for themselves a bit, and not be reliant on the mama bird. Or in this case, papa bird. In the same interview, he clarified that they’ll be provided for, but not made rich by his hand.

#8: Warren Buffett

For many people, the dream is to make it big and then pass that wealth on to their children. Multi-billionaire Warren Buffett, however, doesn’t believe that familial ties should dictate who benefits from his fortune. Instead, Warren pledges to give 99% of his money to charity. He’s been quoted as saying, “I'm not an enthusiast for dynastic wealth, particularly when 6 billion others have much poorer hands than we do in life”. If you were one of Warren Buffett’s children, you might be a little frustrated by his logic, but it’s hard not to be impressed by the man’s incredibly honorable choice.

#7: Sean Connery

Sean Connery is known to have come from humble beginnings. He dropped out of school at the age of 13 and worked a variety of odd jobs before joining the Navy. It would seem that, despite his own fame and fortune, Connery strove to give his son Jason a similarly grounded upbringing. According to DailyMail.com, in the 1980s Jason’s financial situation was so dire that he relied on the charity of other actors. Furthermore, it has been reported that Jason is to receive nothing in Sean Connery’s will. When this reveal sparked gossip, Jason rose to his father’s defense, stating "I honour, respect and love my father and for good reason.”

#6: Sting

Sting, who has achieved worldwide fame for his work with The Police, has said that his children will not be inheriting his money after he passes away. He doesn’t want his money to be something his kids can always depend on saying in an interview with DailyMail: “I certainly don’t want to leave them trust funds that are albatrosses round their necks.” It seems clear that he wants his kids to be able to depend of themselves. On a lighter note, he’s joked that there won’t be any money left because he’ll be spending it all!

#5: Jackie Chan

Over the course of his career, Jackie Chan has proven to be a truly multi-talented individual, applying himself as a stuntman, actor, director and producer, and even a singer! It’s little surprise that he’s amassed a sizeable fortune in the process. What is surprising is the fact that Jackie reportedly intends to donate much of his fortune to charity after he passes away, and once stated that his son would receive nothing. Explaining the decision, as it relates to his son Jaycee, Jackie said in an interview with Channel NewsAsia: “If he is capable, he can make his own money. If he is not, then he will just be wasting my money.”

#4: Nigella Lawson

Nigella Lawson was born into wealth - her father is Nigel Lord Lawson of Blaby and her mother, Vanessa Salmon was an heiress. Nonetheless, Nigella earned a fortune of her very own through her work as a journalist, broadcaster, food writer, and celebrity chef. Nigella has said that she plans to leave her children out of her will, explaining that she expects her children to be able to earn their own and fend for themselves. On the topic of financial security in an interview with My Weekly magazine, she said: “It ruins people not having to earn money.”

#3: Simon Cowell

Famous around the world for the harshness he has displayed on such television programs as American Idol and X-Factor, Simon Cowell brings some of that stern attitude to his parenting. He has said that he doesn’t plan on giving his fortune to his son after he dies, stating that he doesn’t believe in passing on wealth. When asked in an interview with the Mirror where his money would go, he said, “A charity, probably -- kids and dogs.” Given that his son was only born in 2014, we’ll likely have to wait awhile to hear what he thinks about his father’s decision not to give him any of that cash.

#2: George Lucas

After selling his company to Disney for billions of dollars, you’d think Lucas might celebrate by giving his children even a fraction of that astronomical sum, but as of yet, that doesn’t seem to be part of the plan. George Lucas, who you may know as the creator of Star Wars and Indiana Jones, made the “Giving Pledge” in 2010, in which he stated “I am dedicating the majority of my wealth to improving education.” On the topic he said, “As long as I have the resources at my disposal, I will seek to raise the bar for future generations of students of all ages."


Before we reveal our top pick, here are a few honorable mentions.

Elton John

Michael Bloomberg

Mila Kunis & Ashton Kutcher

#1: Bill Gates

You may know him as the creator of Microsoft, an expert at jumping over chairs, or being the on-and-off richest person in the world! While it’s unlikely you know him personally, he’s almost certainly affected your life in one way or another, and it seems that he plans to use his money to keep influencing people’s lives. Bill Gates is very well known for his philanthropic work, and he and his wife, Melinda, plan to donate 95% of their fortune to charity. On the topic of leaving his children money he has said, “I definitely think leaving kids massive amounts of money is not a favor to them.”
Download

You must register to a corporate account to download. Please login

Related Videos

+ see more

More Top 10