Spending the kids’ inheritance? You betcha, says this rock star.
If your Dad had $300 million, would you expect a nice heft inheritance? Not necessarily.
In a blunt interview with the Mail on Sunday Event magazine, the former Police frontman said he expected his three sons and three daughters to work for their own fortunes.
He added that there won't 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.’
‘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.’
Sting grew up in a working class family in the north of England and has gone on to become one of Britain's wealthiest musicians, but he does foresee his wealth to be an "albatross around [his children's] necks" if it was to be divided between them.
Sting has six children ranging in ages from 18 to 37. He had his first two children, Joseph and Kate, with actress and first wife, Frances Tomelty. His four youngest children, Mickey, Jake, Coco and Giacomo are from his second marriage to actress and activist Trudie Styler.
The musician is not the only celebrity to suggest their kids won't be receiving a small fortune.
Nigella Lawson famously said that it "ruins people not to earn money", and her children will certainly not be given a leg up in life.
And Hugh Grant, now a father of two, agrees. "There are few things in life I believe in 100 per cent," he has said. "But one is not giving your children money. I see nothing but f----ups among my trust-fund friends. It's like 99 per cent f----ups. So I would not want to do that to my children, no."
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