Sting Says He Won’t Leave Any Of His 180 Million Fortune To His Kids Because Trust Funds Will Be An Albatross Around Their Necks
Dailymail - As one of the world’s most successful rock stars, he has risen from an impoverished childhood to amass a huge fortune. Now Sting has made it clear that his children will also have to earn their own way and should not expect to benefit from his £180?million earnings. In a frank interview in today’s Mail on Sunday Event magazine, the former Police frontman said he expected his three sons and three daughters to work, and added that there would not be much left to inherit anyway. Sting, 62, who still has more than 100 people on his payroll, said: ‘I told them there won’t be much money left because we are spending it! We have a lot of commitments. What comes in, we spend, and there isn’t much left.’ He added: ‘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. ‘Obviously, if they were in trouble I would help them, but I’ve never really had to do that. They have the work ethic that makes them want to succeed on their own merit.’
Listen if Sting wants to spend all his money living it up before he dies I have zero problem with that. It’s his money. He earned it. But spare me the you don’t want leave it to your kids because it will be an albatrosses around their necks. Fuck you dude. Facts are 1 bizillion percent of kids will have a better life if they inherit 20 million dollars from their parents rather than nothing. Sure there are a few exceptions to every rule, but if your’e a good parent you should have no issues. You don’t become a good parent by not giving them the money. How they’ll handle being rich is decided long before you’re dead. Again I don’t mind you spending it all, but quit actling like you’re doing them a favor. You love yourself more than you love them. Nothing wrong with it, but stop acting like Ghandi here.