Super-rich billionaires do not let their children inherit many assets

Avatar of Jackson By Jackson Dec12,2023 #billionaires #Super
Super-rich billionaires do not let their children inherit many assets 1
Super-rich billionaires do not let their children inherit many assets 1

(Dan Tri) – Many billionaires in the world such as Bill Gates or Mark Zuckerberg have planned to donate most of their assets to charity and want to teach their children the value of hard work.

Ted Turner: assets of 2.3 billion USD

Billionaire Ted Turner’s family (Photo: Twitter).

Ted Turner, media mogul and founder of CNN, has signed the Giving Pledge – a campaign that encourages the super-rich to donate the majority of their wealth to charitable causes.

Ted Turner began working at an early age with the tutelage of his father, who owned a billboard business called Turner Outdoor Advertising.

Mr. Turner was married and divorced three times and had five children, but none of them inherited his entire huge fortune.

The founder of CNN is also the second largest landowner in the US, with an estimated land area of ​​810,000 hectares.

Reed Hastings: assets of 5.7 billion USD

Super-rich billionaires do not let their children inherit many assets

Billionaire Reed Hastings (Photo: Getty).

In 2017, Reed Hastings, co-founder and CEO of Netflix, famously quipped that Netflix’s biggest competitor was sleep.

An engineer by profession, Hastings co-founded Netflix, an online streaming platform, with Marc Randolph in 1997. Although he has billions of dollars at the moment, there was a time in the past when

Hastings also spends his free time doing the same things as many normal people, taking annual holidays and watching Netflix in the evenings.

Recently, he donated $120 million to universities for black people in America.

George Lucas: assets of 7.3 billion USD

Super-rich billionaires do not let their children inherit many assets

George Lucas took his children to the Star Wars set (Photo: Twitter).

Immediately after selling his company Lucasfilm to Disney, George Lucas, the creator of the science fiction series `Star Wars`, announced that a large part of his fortune would go to

Lucas has also pledged to dedicate half of his assets to charity when joining the Giving Pledge initiative.

Lucas has 4 children, 3 of whom he adopted and the 4th child born through surrogacy.

Laurene Powell Jobs: assets of 22 billion USD

Super-rich billionaires do not let their children inherit many assets

Billionaire Steve Jobs’ family (Photo: Twitter).

Laurene Powell Jobs inherited a significant fortune after her husband Steve Jobs, founder of Apple, passed away.

The American female billionaire said she does not believe in the accumulation of wealth.

In 2004, she also founded Emerson Collective – an organization aimed at social change, focusing on education, immigration and social justice.

Laurene and Steve have three children, along with Steve Jobs’ stepdaughter Lisa Brennan-Jobs.

According to International Business Times, Lisa revealed that she and her siblings received an inheritance from their father worth millions, but she was not involved in the distribution of his remaining assets.

Warren Buffett: assets of 100.8 billion USD

Super-rich billionaires do not let their children inherit many assets

Billionaire Warren Buffett and his children (Photo: AP).

Billionaire Warren Buffett once famously declared that he wanted to give his children `just enough so they feel they can do anything, but not so much that they feel they don’t need to do anything.`

He is also the founder of the Giving Pledge campaign with billionaire Bill Gates.

Bill Gates and Melinda Gates: assets of 133.2 billion USD

Super-rich billionaires do not let their children inherit many assets

Billionaire Bill Gates’ family (Photo: Facebook).

Bill Gates’ fortune is worth $129.6 billion, while his ex-wife, Melinda Gates, is worth $5.7 billion.

As the co-founder of Microsoft, business tycoon and famous philanthropist, Bill Gates transferred shares worth more than $3 billion to his ex-wife Melinda Gates after the couple announced their divorce in May.

In 2011, there was much information that Bill Gates planned to leave $10 million to each of his children, but this information has never been confirmed.

In an interview with the Daily Mail in 2011, Bill Gates said that leaving his children a huge amount of money was not doing them any favors and that both he and his wife were comfortable with the idea.

However, this may change after Bill Gates and his wife divorce.

Mark Zuckerberg: assets of 137.3 billion USD

Mark Zuckerberg with his wife and two children (Photo: Facebook).

In 2015, when Zuckerberg, the Facebook boss, and his wife Priscilla Chan welcomed their first daughter, Max, they announced in an open letter that they would donate 99% of their company shares during their lifetime to a foundation.

Actor Daniel Craig (Photo: Shutterstock).

In addition to the above billionaires, millionaire Daniel Craig (worth 160 million USD) also said that `inheritance is not a good thing`.

Millionaire Kevin O’Leary (Photo: AP).

With assets worth $400 million, Canadian businessman Kevin O’Leary wants his children to work hard and has no plans to leave an inheritance to them.

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