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12 Celebrities Who Won’t Leave Their Fortune to Their Children and Will Donate It to Charity

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There are famous millionaires, even some with fortunes worth billions of dollars, who have decided that after their death, most of their money will go to charity and not to their children. And some of them are already doing so through foundations where they spend a lot of money on charity. Others have already died and have not left a single penny to their heirs, seeking a better destiny for their fortune.

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Mobonews presents 12 celebrities who decided to donate most of their money to charity.

This pair of actors has decided to raise their children without luxuries or eccentricities so that they learn to value things and, moreover, they have stated that they are not going to inherit any money. “We’re not going to leave them any money. When the time is right, we will donate everything we have to charity,” Kutcher said in a podcast on the Armchair Expert program, hosted by Dax Shepard.

He also said that when they grow up and want to start a business, both he and Kunis will support them, but they don’t want to encourage them to stop working and just wait for their inheritance. “We hope that this will motivate them to fight to have what they have or at least to get a share,” said the actor.

2. Simon Cowell

The famous talent show judge has declared that he won’t give his son an inheritance. “I’m going to leave my money to someone. A charity, probably for children and dogs… I don’t believe in passing it on from one generation to another.”

Cowell also said he would rather be remembered for helping others succeed, than helping his children stay rich. “Your legacy has to be that hopefully you gave enough people an opportunity, so that they can do well, and you gave them your time, taught them what you know,” stated the British millionaire.

3. Sting

The British rock star went on from a very poor and deprived childhood to amass a large fortune. The artist has made it clear that, like him, his children will have to work hard to earn a living. “’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,” said the famous musician.

However, he made it clear that if they were in trouble, he would help them, but that his children have a work ethic that makes them want to succeed on their own merit.

4. Elton John

Talented musician, Elton John, also joined the list of famous Britons who have decided to not leave their fortune to their children, or at least to not leave it all to them, but instead donate a large part of it to charity. John said: “Of course I want to leave my children in a very solid financial state, but it is terrible to give your children a silver spoon. It ruins their life.”

He added that his children have incredible lives, but that you have to have a certain appearance of normalcy, and some respect for money and work.

5. Gordon Ramsay

Gordon Ramsay is one of the most important names in the UK’s gastronomy industry. The famous chef has a strong presence on television and has raised millions through programs like MasterChef USA, MasterChef Junior, and Hell’s Kitchen. His net worth is estimated to be at around $217 million.

However, Ramsay has no intention of leaving his fortune to his 5 children. “It’s definitely not gonna go to them,” said the celebrity chef. “And that’s not bad, it’s to not spoil them,” he added. Similarly, he acknowledges that, in recent years, he’s been very lucky in his career, has made a great fortune, and that he respects everything he has.

6. Mark Zuckerberg

Mark Zuckerberg, the entrepreneur and founder of the social network Facebook, became a billionaire before he turned 32 and today has a fortune amounting to around $72 billion. However, he will not share most of his money with his children.

In a letter to his newborn daughter Maxima in 2015, Zuckerberg and his wife, Dr. Priscilla Chan, pledged to give away 99% of their company’s shares, which at the time were worth over $45 billion. Earlier, in December 2012, Zuckerberg and his wife announced that over the course of their lives they will donate most of their wealth to “advance human potential and promote equality” in the spirit of The Giving Pledge.

7. Paul Allen

Paul Allen, who died in 2018, was an entrepreneur, business tycoon, and co-founder of Microsoft Corporation. Much of his fortune was donated during his lifetime through his Paul G. Allen Family Foundation, to which he gave $30 million annually. He also sponsored the Paul G. Allen Center for Computer Science and Engineering, which opened in 2003 and to which he donated $14 million.

Allen was regularly listed in Forbes magazine as one of the world’s richest people. It is estimated that, at his death, his fortune amounted to $17.5 billion. When he was being treated for his illness, he declared that, when he died, most of his fortune would go to charity.

8. Jackie Chan

The Hong Kong born martial artist, actor, and producer has said that, after his death, he will donate half his fortune to charity, meaning that he does not plan to leave the millions of dollars he earned during his career to either of his 2 children. “If he is capable, he can make his own money. If he is not, then he will just be wasting my money,’’ Chan said of his first-born son Jaycee.

By 2020, Jackie Chan has built up an estimated net worth of about $370 million, putting him at number 12 on the list of the world’s richest actors.

9. Andrew Lloyd Webber

Andrew Lloyd Webber has been successful in Britain as a director of numerous late 20th century plays, including The Phantom of the Opera. He stands out as a composer, writer, author, producer, and director and thanks to his achievements and talents he has amassed a great fortune over his career, estimated at $920 million.

The composer plans to donate his fortune to the theater industry, to which he believes he owes his success. He has also revealed that his 5 children will see very little cash after he dies and says that they don’t mind, as they believe in having a work ethic. “I don’t believe in inherited money at all,” he said. “I am not in favor of children suddenly finding a lot of money coming their way because then, they have no incentive to work,” he added.

10. Kirk Douglas

On February 5, 2020, the world was moved by the news of the death of one of Hollywood’s icons, actor Kirk Douglas, father of fellow actor Michael Douglas. None of his children, including Michael, received a penny of his inheritance.

Through the Douglas Foundation, after his death, the actor donated most of his estimated $61 million fortune to charity. This foundation was established with his wife in 1964, showing that he also devoted himself to philanthropy during his lifetime.

Among the charities that were favored by the Douglas Foundation were the Sinai Temple in Los Angeles, the Kirk Douglas Theater in Culver City, the Children’s Hospital of Los Angeles, and St. Lawrence University.

11. George Lucas

12 Celebrities Who Won’t Leave Their Fortune to Their Children and Will Donate It to Charity

In July 2010, Lucas signed the aforementioned agreement, The Giving Pledge, along with Bill Gates and Warren Buffett, promising to hand over at least half of his wealth at the time of his death. “I am dedicating the majority of my wealth to improving education,” Lucas wrote in his commitment letter. “…as long as I have the resources at my disposal, I will seek to raise the bar for future generations of students of all ages,” he added.

The American filmmaker, who brought the Star Wars and Indiana Jones sagas to life, is the father of 4 children, who will not inherit most of his fortune. The director said in a statement that he would allot the $4 billion Disney paid him for his production company Lucas Films, to charity.

12. Barron Hilton

In 2019, Barron Hilton, the son of the hotel empire’s founder, Conrad Hilton, that bears his name, died. Today the chain has over 2,800 properties across 80 countries. His immense fortune, valued at $1.25 billion, did not end up in the hands of his 8 children and 15 grandchildren, at least for the most part, because the hotel magnate decided to disinherit them before he died.

Barron announced that 97% of his fortune would be donated to the Hilton Foundation, a charity created by his father and now chaired by his son. Only 3% would be left to his heirs.

Do you agree with these celebrities? Who would you leave your money to if you were a billionaire? We’re waiting for your answer in the comment box.

cr: brightside

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Newton is a Nigerian blogger, video creator and also a crypto trader that is always aspiring GROWTH in knowledge and finance as well his blogging career...

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OTHERS

Laycon: Biography, Networth And All You Need To Know

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Olamilekan Agbeleshie popularly known as Laycon is BBNaija’s housemate for this year’s Lockdown Edition. Laycon before joining the house is a singer and a rapper who hails from Lagos.

The 26 year old was born in 1996 to Mr & Mrs Agbeleshe.

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Laycon started his music journey at an early age. Many have tagged Laycon as the new school of rap music in Nigeria. He is a graduate of the University Of Lagos with philosophy.

Laycon also describes himself as being versatile and able to coin words together to soothe scenarios and moods.

According to Laycon he said during the lockdown, he developed the ability of singing and reading my bible.

Achievement

His song ‘Fierce’ featuring rapper Reminisce and Chinko Ekun making it to MTV BASE Top ten charts for six months is one of his biggest achievements.

After his inclusion, Laycon has gotten numerous endorsements from most celebrities just for him being a rapper.

Laycon Social Media Handle

You can follow Laycon on his instagram account @itslaycon and on twitter @itsLaycoon

According to reports, Laycon is networth is estimated to be around $7,000

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“When the disqualified appears in the house before the winner” – Titans hail their queen as she addresses #BBNaija Lockdown housemates (Video)

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Fans of former Big Brother Naija housemate, Natacha Akide a.k.a Trident Queen have hailed her on social media after she addressed the present BBNaija housemates.

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Tacha Akide was disqualified from the show last year after she got into a fight with Mercy Eke, who later won the show.

Prior to her disqualification and even after her disqualification, some Nigerians dragged her name in the mud, saying no brand would want to associate with her.

However things turned out differently for the influencer as she did not only secure deals, she also joined global telecom company, Oppo, as a brand partner.

Her fans were amazed today as she confidently addressed the current housemates. Since then, they have been disturbing the streets of social media, sharing the video on their IG stories and showering praises on their fave.

Watch the video below;

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8 Things You Don’t Know About BBNaija Dorothy Bachor (Biography)

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Big Brother Naija BBNaija Season 5 housemate, Dorathy Lynda Bachor also known as Dorothy has been able to gather a huge fan base hours after she entered into the BBN house.

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We at Gistvic Blog have been able to put together Eight solid things you don’t know about BBN Dorathy.

See 8 Things/Biography Of BBNaija Dorothy Bachor:

  1. Dorathy full name is Dorathy Bachor Lynda.

  2. Dorathy Bachor obtained a Bachelor’s degree in Accounting from Joseph Ayo Babalola University (JABU) in 2016.

  3. Dorathy Discloses Her Celebrity Crush, It’s A Senator, See Who

One housemate who has gotten the attention of many is Dorothy. Many identify her by her heavy melons and her skin color. Most men on social media are seriously crushing on her because she’s naturally and heavily endowed. Dorothy doesn’t lose any chance by flaunting her assets on screens for her viewers.

However, Dorothy made a disclosure to the house who her favorite celebrity crush is. She revealed that she’s seriously crushing on Senator Dino Melaye, a former Kogi State lawmaker.

See how some social media users reacted to Dorothy’s choice of crush.

  1. Dorathy was born in the year 1996.

  2. Dorathy Bachor is from Delta State But Lives In Lagos.

  3. Dorathy finished from Lagos State Model college, Igbokuta.

  4. Dorathy Bachor lost Her Father at Age 14.

  5. Dorathy Bachor Lost Her Dad On November 2nd, 2010 at 2:37pm.

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Facebook CEO Mark Zuckerberg is now worth $100 billion

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Mark Zuckerberg has joined the world’s most exclusive club of the ultra rich.

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The Facebook CEO on Thursday became a centibillionaire, someone who is worth at least $100 billion.

He crossed the milestone after shares in the social network surged. Only two other men, Amazon (AMZN)’s Jeff Bezos and Microsoft (MSFT)’s Bill Gates, have bigger personal fortunes.

mark zuckerberg

Zuckerberg co-founded Facebook from his Harvard dorm room in 2004, and his biggest asset is still his 13% stake in the company, according to the Bloomberg Billionaires index, which tracks the world’s wealthiest people.

The 36-year-old is also Facebook’s chairman and controlling shareholder.

Zuckerberg’s wealth got its latest bump as Facebook’s stock climbed 6.5% Thursday, a day after the company launched its TikTok clone, Reels, on Instagram.

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BBNaija 2020: Nengi BBNaija Housemate Profile & Biography | BBN Pictures, Age, State, Occupation

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Rebecca “Nengi” Hampson is a 22 years old entrepreneur from Bayelsa State, Nigeria. She is a former model and MBGN Top 5 contestant who loves learning new things, having fun, travelling, taking on new adventures, and being true to herself.

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Nengi, as she prefers to be called, studied communications at the University of Port Harcourt and is a proud Capricorn. She proclaims: “If you want the job done right, give it to a Capricorn. I give 110% of my energy and enthusiasm into everything I do.”

Full Name Rebecca Nengi Hampson
Age 22 Years (2020)
Sex Female
Nationality Nigerian
Place of Birth Bayelsa
Marital status Single
Occupation Model and Entrepreneur

Facts about Nengi

  • What new habit or skill did you acquire during lockdown?

The ability to talk to myself and enjoy the conversation.

  • What are your words to live by?

Live and let live.

  • What is your biggest achievement?

Getting my BSc. So many times, I could have dropped out, but I persevered.

Pictures of Nengi BBNaija

Nengi BBNaija

Meet Nengi

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#BBNaija: Throwback photos of Lucy selling roasted plantain and fish

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Big brother Naija 2020 housemate, Lucy Essien once revealed to her fellow housemates that she used to sell roasted plantain (Bole) in Calabar.

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BBNaija Lucy

Lucy who was Head of House in the show’s second week, is a 30-year-old entrepreneur from Lagos state. Here are throwback photos of her from the hustle days.

Lucy is a self-proclaimed simple girl and assures everyone that she is far from average. She believes in fairy tales, and hopefully, Biggie’s House will deliver just that for her.


According to Lucy, her biggest achievement is her grill business, getting into Big Brother Naija, graduating with a 2.1 and not falling pregnant after all these years.

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BBNaija 2020: 11 Things You Didn’t Know About Erica

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Obviously, all of the housemates in the house had lives before going into the house and although we have access to these housemates lives 24/7, there are some things we still don’t know about them from watching the television.

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So, We did some digging from the archives and we’re here today to share with you 11 things you didn’t know about BBNaija’s Erica.

1. She won Miss Photogenic at MBGN 2014.
You might not know this but Erica KNOWS that she’s good looking. In fact, she is so confident in her looks that she contested in the Most Beautiful Girl in Nigeria Pageant in 2014. Although she didn’t take home the overall crown, she did win Miss Photogenic!

2. She was in a hit Nollywood movie.
Did you see or hear of the movie, Hire a Woman? Of course you did. But, did you know that Erica acted in this movie? In fact she did!

She played the character of Nifemi in the movie. Did you spot her? Maybe go and rewatch the movie then you’ll see her. It’s available on Netflix.

3. She’s a WORKING model.
When Erica says she’s a model, she’s just saying it simply for bants. No, Erica is an ACTUAL WORKING model, no be struggling.

She has done modelling work for companies including Nature’s Gentle Touch, Zaron Cosmetics, Access Bank, Diamond Bank, Hollandia, Globacom, Jumia, Stanbic IBTC, Etisalat and Peak Milk.

4. Her dream is to lead an action movie.
In an interview with The Guardian magazine, when asked what her dream is, Erica said:

My dream role would be to be the main character in an action film. I have always loved female action stars like Angelina Jolie and Charlize Theron and dreamed of acting like them. I’m currently training myself to be ready whenever that role presents itself.

5. She has a foundation.
Erica is a girl who gives back. In 2018, she launched the Erica Nlewedim Foundation, a foundation that at one time, fed 1000 people during the Christmas holidays.

6. She worked in an oil company
Yup! Erica worked as the marketing manager for MEI Oil and Gas before going into the Big Brother house.

7. She has a hair company
Erica is also a business woman. She runs a hair company named Beluxia Hair of which she is the CEO.

8. Her name is special to her.
Erica posted (but has now deleted) an explanation about her name to Instagram and which part of it she doesn’t like answering to. She said:

My dad’s name is Eric Nlewedim. He calls me junior cos I’m named after him – Erica Nlewedim, my full name is Erica Ngozi Ugomma Blessing Nlewedim

9. She is an only child
Her and her mum are also really close.

10. She has a solid educational background
She started her secondary school education at Victory Grammar School in Lagos and completed the 6 years secondary school program at Command Secondary School in Ikeja, Lagos.

She then went on to pursue a BSc in Business Administration from Covenant university before later going to the Met Film School, London to learn acting for screen.

11. She won’t act nude.
For any casting directors or people fantasizing out there, squash your hopes now. In her personal profile for Mandy.com, a website for creatives to upload their profiles and find work, Erica disclosed that she will NOT perform nude.

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