Despite being worth £180million, musician Sting will not be providing an easy life for his kids once he’s gone, telling them they won’t be getting any of his money.
The 62-year-old won’t be going anywhere soon, but says when the time comes, there won’t be much left for his six kids, ranging in age from 18 to 37. Sting and his wife, Trudie Styler have 100 people on their payroll and the star says, “We have a lot of commitments. What comes in we spend and there isn’t much left.”
And he believes that all of his children should work as hard as the staff he has. “I certainly don’t want to leave them trust funds that are albatrosses round their necks,” he said this weekend. “They have to work.”
Sting isn’t the only millionaire (or even billionaire) who refuses to let his children have an easy life. Bill Gates, Nigella Lawson and Andrew Lloyd-Webber have all stated that their children will see very little of their money when they gone. Saying and doing, however, are two different things, but Anita Rodderick, founder of the Body Shop saw through her promise to leave her children nothing. Before she died, the millionaire businesswoman gave away her £51 million fortune, leaving only enough to pay death taxes.
Read more at TheExpress.co.uk