I'm spending my kids' inheritance to teach them the value of money

I'm spending my kids' inheritance to teach them the value of money

I think that’s the greatest gift we can give them (Picture: Raj Gill) When I read that Joe Swash and Stacey Soloman don’t intend to give their kids any inheritance, I was surprised to say the least.  Not because I think the celeb couple are wrong for keeping their £6.5 million fortune for themselves, but simply that this was such headline news.  Like them, I’m also a skier – the acronym given to people who ‘spend the kids’ inheritance’ – and I’v…

Each son of Microsoft's co-founder will receive a modest portion of his wealth, while the rest will go to the foundation that supports humanitarian causes around the world

These Celebrities Refuse to Leave Inheritances for Their Kids

From Ashton Kutcher to Elton John and more, these celebrities are not leaving their children any inheritances.

“I decided I wouldn’t do them any favors leaving them a great fortune,” explained Microsoft’s co-founder, after making his decision known. Read more

In a recent interview with podcast Figuring Out With Raj Shamani, Bill Gates confirmed once again that his three children, Jennifer Katharine Gates, Rory John Gates and Phoebe Adele Gates, will not inherit most of their wealth. Microsoft’s co-founder, whose fortune now amounts to 162 billion dollars, according to Bloomberg’s billionaire index, explained that each of them will receive less than 1% of their total wealth. He justified it as a perso…

(Xinhua/Qin Lang) Seattle, United States.- In a recent interview with the podcast ‘Figure Out With Raj Shamani’, Bill Gates confirmed once again that his three children, Jennifer Katharine Gates, Rory John Gates and Phoebe Adele Gates, will not inherit most of their fortune, valued at $162 billion according to Bloomberg. Microsoft’s co-founder explained that each of them will receive less than 1 percent of their heritage, since he considers that…