Wealthy Us Families That Got Rich From Slavery
Near of us would do annihilation for our families, including spotting them some cash in times of trouble. But, every bit nosotros know, rich celebrities live in a different earth. When it comes to allocating their fortunes, some of the world's richest people — both expressionless and alive — are opting to go out their money to charities, other people, and even beloved pets instead.
From Oprah to Warren Buffett, these 15 rich celebrities are leaving their families with nothing. One famous American Idol judge would rather have his money go to other kids and dogs rather than his own son (No. 12).
1. Jerry Lewis
His first vi children are all out of luck. | AFP/Getty Images
Rather than laissez passer his massive manor to his vi kids born with his first wife, Jerry Lewis's will noted the inheritance should be given to his second married woman, SanDee Pitnick, according to The Blast. His adopted daughter, Danielle, is next in line should something happen to Pitnick.
The comedian'due south relationship with his children and first wife Patti Palmer became non-existent upon his 2d union and the documents show Lewis "intentionally excluded" all half dozen children from the estate. Unfortunately, this final act of pettiness ways the Lewis kids should expect a big goose egg from dad moving forrard.
Next: The girl who was wiped from this actress's will
2. Joan Crawford
Joan and her daughter had a tense relationship. | Keystone/Getty Images
Christina Crawford'due south account of her female parent's abusive and alcoholic tendencies are well-documented in an interview with The Guardian and her tell-all book, Mommie Dearest. Whether the accounts are true could likely be the reason actress Joan Crawford left two of her children absolutely nada upon her death in 1977. Her volition clearly states, "Information technology is my intention to make no provision herein for my son Christopher or my girl Christina for reasons which are well known to them."
Instead, Crawford left most of her fortune to charitable organizations such as The Muscular Dystrophy Association of America, the American Cancer Club, the USO of New York City, and many more.
Next: A will that sparked a family feud
iii. Mickey Rooney
Mickey Rooney had 8 failed marriages | Linda D. Kozaryn
All sorts of drama surrounded Mickey Rooney'due south death and accompanying fortune. The legendary actor left his estate to his stepson, Mark Aber, following his decease in 2014. In turn, that move triggered a bitter rivalry betwixt the surviving family members who believed they were entitled to his money. 7 of his eight biological children were wholly excluded from his meager $18,000 estate and they filed a lawsuit claiming Rooney was under "undue influence" when signing the will.
Rooney'due south estranged wife Jan Rooney filed a separate adjust for her portion of the funds she was supposedly promised, just in the end, the children dropped the adjust and the final volition stood every bit written.
Adjacent: Money that'll go somewhere good
4. Beak Gates
His kids will take to make their own path. | JP Yim/Getty Images
In a slightly more uplifting story, bazillionaire Neb Gates has opted — quite publicly we might add — to classify the vast majority of his fortune to charity. Information technology's probable near of his $89 billion net worth will be given to the Bill & Melinda Gates Foundation established in 1994. He'due south invited other well-to-practise people to donate half of their fortunes via "The Giving Pledge" as well.
"It's not a favor to kids to have them have huge sums of wealth. "Information technology distorts anything they might do, creating their own path" he once told This Morning.
Side by side: This place is going to the dogs — literally.
5. Oprah
Oprah will leave millions to her precious pooches. | Mike Windle/Getty Images
Michael Jackson left $2 million worth to his chimpanzee, Bubbling. But in the sphere of fortunes bestowed upon beloved pets, Jackson's $2 million gift is quite reasonable. Idiot box mogul Oprah Winfrey has said that if her domicile were on fire, she'd only effort to grab a photo album of her five dogs. In fact, her puppy beloved is so stiff that a sizable portion of her estate is reserved just for them. The corporeality? A casual $xxx one thousand thousand.
Adjacent: No fiscal security for this family
6. Nigella Lawson
She is a believer in making your own way. | ShowbizIreland/Getty Images
Celebrity Chef Nigella Lawson has amassed millions through TV shows and cookbooks. Simply when it comes to bestowing that wealth onto her children, it's a different story. Lawson worked hard for her money — despite being built-in into a wealthy family herself — and wants her children to do the aforementioned without a fiscal safety internet.
"I am determined that my children should accept no financial security," she told The Washington Post in 2014. "It ruins people not having to earn money."
Side by side: A businessman who'd rather bounciness checks than give to his kids
7. Michael Bloomberg
He'due south following Gates' example. | Slaven Vlasic/Getty Images for the 2014 Tribeca Film Festival
Former New York Metropolis mayor Michael Bloomberg has donated millions to diverse not-profits and charitable organizations. And so much so that he hopes to bounciness checks rather than pad his two daughter's bank accounts before he goes. "The best financial planning ends with bouncing the bank check to the undertaker," the begetter of ii once said.
He'southward also another rich celebrity who has signed Gates' Giving Pledge, proverb in his pledge letter, "If you want to do something for your children and bear witness how much y'all love them, the single best thing—by far—is to support organizations that volition create a better earth for them and their children."
Next: This Shark's family unit is getting the ax
8. Kevin O'Leary
His grandkids will exist the ones to profit off their grandpa's wealth. | Shark Tank/ABC
Shark Tank'southward Kevin O'Leary'south kids are in for a disappointing surprise when they read his will. The businessman worth well-nigh $400 million isn't planning to go out whatsoever wealth for his kids. In fact, he plans to skip a generation and shower his grandkids and not bad grandkids with lucrative trusts. Every bit for his ain children, they'll accept to fly the coop later their education is complete.
O'Leary tells Time, "If you lot don't start out your life with the fear of not being able to feed yourself and your family, and then what motivates yous to go become a job. Fear motivated me, and it volition motivate them."
Next: Pecker and Melinda Gates score some other rich celebrity's fortune
9. Warren Buffett
He plans to give away 99% of his wealth. | Drew Angerer/Getty Images
Warren Buffett plans to give away 99% of his wealth in his lifetime, leaving just i tiny percent for his family unit. At present to be off-white, ane% of a nearly $eighty billion empire is all the same a lot of cash, but it'south a pretty dismal inheritance when compared to what's available.
By leaving adjacent to naught to his family unit, he ensures they don't go apathetic in their work ethic. Instead, he pledged over $iii billion of his earnings thus far to charity, including to the Gates Foundation launched by his longtime friends. Let this be a lesson learned: If yous accept rich parents, don't get comfortable. Bill and Melinda Gates will steal your inheritance.
Side by side: Composer choosing to give to everyone but his family
10. Andrew Lloyd Webber
The composer feels he owes more to order than his kids. | Jeff Haynes/AFP/Getty Images
Composer Andrew Lloyd Weber has plans to dedicate his fortune amassed via hit musicals to the very manufacture that awarded him such wealth. Rather than allow his children to inherit money, he volition leave it to the theatre customs. "I feel I owe a debt and that is very largely due to the success non only in Britain merely as well the balance of the world," he tells The Daily Mail.
Next: No coin, no stigma
11. Philip Seymour Hoffman
He refused to leave money to his kids. | Gareth Cattermole/Getty Images
There's no denying the negative stereotype associated with trust fund kids. So to protect their legacy, Philip Seymour Hoffman stiffed his three children of his $35 million fortune and gave it to his girlfriend Mimi O'Donnell instead. He even went so far as to reject the repeated suggestions from his auditor that he leave his children with minor cashflow to gainsay such "rich kid" stigmas.
Next: A man who places dogs higher than his children
12. Simon Cowell
The tough love estimate doesn't believe in inheritance. | Eamonn Yard. McCormack/Getty Images
Let's promise Simon Cowell's immature son develops the business gene his father perfected or else he could struggle to brand ends meet as an developed. Cowell's one thousand thousand-dollar fortune will go to a charity supporting kids and dogs, not his offspring. In a statement typical of his infamous tough love, Simon Cowell says, "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."
Adjacent: The trust fund ends with this fashion mogul.
13. Gloria Vanderbilt
Thankfully Cooper agrees with his mom. | Dimitrios Kambouris/Getty Images
Anderson Cooper's bloodline is flowing with old money. His mother, Gloria Vanderbilt benefited a $5 one thousand thousand trust from her father Reginald Vanderbilt and managed to build it into a $200 million empire. Equally for her son? He'll accept to earn his ain salary. Cooper told Howard Stern. "I don't believe in inheriting money. I call back it's an initiative sucker. I think it's a curse."
That's a convenient viewpoint considering his mom has zero plans to award him a trust fund. Luckily, his CNN gig pays pretty well.
Next: A rocker who plans to spend all the money himself
14. Sting
They are using up their coin. | Tobias Schwarz/AFP/Getty Images
Sting is another rich celebrity planning to leave his family hanging in his will. The rocker tells The Daily Mail, "There won't be much money left because nosotros are spending it! We have a lot of commitments. What comes in nosotros spend, and in that location isn't much left. I certainly don't want to get out them trust funds that are albatrosses round their necks. They have to work."
Abiding past the work hard, play difficult motto may exist a fleck aggressive for Sting. He'll need to spend over $300 million to fire through all his earnings.
Next: Home Depot founder who skirted his family in his will
15. Bernard Marcus
Embed from Getty Images
Similar so many others on this list, the founder of Home Depot, Bernard Marcus, plans to go on his kids as far away from his $4.nine billion fortune as possible. It may seem harsh, but leaving little for his children ensures they'll become more motivated to amass their own wealth just as Marcus did. Instead, his Home Depot stock shares will go to The Marcus Foundation, which he launched to support educational activity and handicap initiatives.
Follow Lauren on Twitter @la_hamer.
Check out The Crook Sheet on Facebook!
Source: https://www.cheatsheet.com/entertainment/super-rich-people-left-practically-nothing-family.html/
Post a Comment for "Wealthy Us Families That Got Rich From Slavery"