Daniel Craig shuns inheritance for philanthropy
The renowned actor Daniel Craig does not plan to leave his fortune to his children. He believes that leaving a large inheritance is in poor taste, so he is considering other options for his wealth.
Daniel Craig has accumulated substantial wealth through roles in films such as "No Time To Die" and "Glass Onion." He earned approximately £19 million for the former and as much as £77 million for the latter. However, the actor does not intend to pass this money on to his children.
In an interview with "Candis Magazine," Craig expressed his views on inheriting wealth. The actor feels that dying with a large fortune is a failure. As such, he does not plan to leave his assets to his two daughters. Instead, he is exploring other avenues for wealth distribution.
Not just Daniel Craig
The well-known investor Warren Buffett takes a similar stance. He does not intend to pass all his wealth to his children. Buffett emphasizes that children should have enough to do anything but not so much that they do nothing. Both Craig and Buffett plan to donate their fortunes to philanthropic causes.
The singer Sting has supported the idea, which has led many celebrities to refrain from bequeathing their wealth to their children. While some famous individuals decide against passing on their financial assets to their offspring, we observe who else has chosen to do the same, writes The Sun.
Culinary celebrity Gordon Ramsay, a father of six who earned an estimated fortune of £580 million last year and £85 million annually in 2017, has revealed that he won't leave any money to his children, fearing it might demoralize them.
