These celebrity kids may have been born into fame and fortune, but they won’t see a dime. Their star parents have no plans to leave behind their fortunes, and their reasons are brutally honest.
They’ve ruled the charts, the screens, and the red carpet, but when it comes to inheritance, these A-listers are drawing a hard line. From multi-millionaires to entertainment empires, their fortunes are vast — but none of it is guaranteed to their children.

Instead, these famous faces are breaking with Hollywood tradition, insisting their kids must work for what they want — just like they did.

He’s the razor-tongued mastermind behind “The X Factor,” but when it comes to family, Simon is just as direct. The father of one — Eric, his son with fiancée Lauren Silverman — has zero plans to pass on his multi-million dollar fortune.

“I’m going to leave my money to somebody. A charity, probably — kids and dogs,” Simon explained. “I don’t believe in passing on from one generation to another.”

Sting
With six children — Joe, Mickey, Jake, Eliot, Giacomo, and Fuschia — you’d think there’d be plenty to go around from Sting’s multi-million dollar empire. But the legendary Police frontman has other ideas.

“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,” Sting shared.

He wants his kids to forge their own future — without golden parachutes. “I certainly don’t want to leave them trust funds that are albatrosses round their necks,” he added.

And they’ve risen to the challenge. “They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate,” the rock star revealed.



Anderson Cooper
CNN anchor Anderson Cooper may come from the glamorous Vanderbilt bloodline, but he’s not continuing the legacy of wealth. With his sons Wyatt and Sebastian, Anderson is focused on values over valuables.

“It’s something I have thought about, and I don’t know that I have the answers to it yet,” he admitted when asked what he hopes to teach them about money. He also shared about his own tough lesson:
“My dad made clear to me there wasn’t a Vanderbilt fortune waiting for me. In retrospect, I’m really glad he did that […] it just made it clear that whatever my mom’s past was, it had nothing to do with me from a financial standpoint.”

His focus? Building character. “I want my kids to figure out what drives them, and I want to help them figure that out,” he continued.
Elton John
With two sons — Zachary and Elijah — and a legendary career, Elton could easily set them up for life. But he won’t. “Of course I want to leave my boys in a very sound financial state,” the musical icon explained.

“But it’s terrible to give kids a silver spoon. It ruins their life,” he added. Instead, he and husband, David Furnish, are committed to raising grounded kids, even in the limelight.
“Listen, the boys live the most incredible lives; they’re not normal kids, and I’m not pretending they are. But you have to have some semblance of normality, some respect for money, some respect for work,” Elton continued.

Gordon Ramsay
He’s fiery in the kitchen and just as firm at home. Gordon, father of six — eldest Megan, second daughter Holly and son Jack, his third daughter Matilda, second-to-last son Oscar, and the youngest, Jesse — won’t be handing over his culinary empire.

“It’s definitely not going to them, and that’s not in a mean way. It’s to not spoil them,” Gordon explained. That’s right — no free rides in the Ramsay household.

However, there’s only one small allowance in his and his wife’s plan. “The only thing I’ve agreed with Tana is they get a 25 percent deposit on a flat, but not the whole flat,” the celebrity shared.




Ashton Kutcher & Mila Kunis
They may be Hollywood’s sweetheart couple, but Ashton and Mila are all about tough love when it comes to finances. “I’m going to take them camping a lot just because I want them to be really resourceful,” Ashton admitted.
No trust funds, no handouts — just skills and survival. “I’m not setting up a trust for them. We’ll end up giving our money away to charity and to various things,” he added.

“If my kids want to start a business, and they have a good business plan, I’ll invest in it. But they’re not getting a trust,” the actor continued. The couple’s children, Wyatt and Dimitri, are growing up knowing they’ll have to earn it.
Marie Osmond
With eight children — Stephen, Jessica, Rachael, Brandon, Brianna, Matthew, Abigail, and Michael, who sadly passed away — and a career that spans decades, singer and actress Marie Osmond is crystal clear about her choice.

“Congratulations, kids,” she joked on “The View,” “My husband and I decided that you do a great disservice to your children to just hand them a fortune because you take away the one most important gift you can give your children, and that’s the ability to work.”

“You see it a lot in rich families where the kids don’t know what to do so they get in trouble, so I just let them be proud of what they make,” the singer continued. As for her wealth? It’s going elsewhere. “I’m going to give mine to my charity,” Marie stated.






Jeff Goldblum
Quirky, brilliant, and utterly original — Jeff Goldblum is no different as a dad. His sons, Charlie and River, won’t be riding on “Jurassic Park” coattails. For Jeff, it’s about self-discovery over safety nets. He shared:
“I don’t want to scare them. They should figure out. I mean, I love the creative life. It saved my life. But also this idea that hey, you know, you got to row your own boat.”

Guy Fieri
The Mayor of Flavortown isn’t sugarcoating anything for his kids. Guy has two sons, Hunter and Ryder, and helped raise his nephew Jules. And his message? “I’m going to die broke,” he told his sons.

It’s the same mindset his own dad taught him. “I’ve told them the same thing my dad told me. My dad says, ‘When I die, you can expect that I’m going to die broke, and you’re going to be paying for the funeral,'” Guy recalled.
But not everyone’s thrilled. His youngest son, Ryder, feeling the heat, responded, “Dad, this is so unfair. I haven’t even gone to college yet, and you’re already pushing that I’ve got to get an MBA? Can I just get through college?”

Whether it’s to build character, avoid entitlement, or spend it while they can, each of these celebrities is choosing values over vaults. For their children, the future won’t be inherited, but it’ll be earned.