What a visionary!
Good for him, it's so important to help your kids, but in the right ways. If you look at most of the heirs and heiresses in the world they live spoiled, shallow, meaningless lives, often have drug problems, end up with sex tapes, many times waste all of their money... that much money in the impulsive hands of a young adult is not a good idea. He's teaching them the value of working hard for what they have and the value of caring for others. They will grow up to do great things, just watch.
Most of us are piling up wealth, this man together with his wife give up the self made billions on charity and get the kids onboard with the decision. The best you could give your kids is the education and motivation to find their own path.
World's richest man Bill Gates said he'll be leaving his £70 billion fortune to his Foundation instead of his children when he dies. Gates, 60, has three children, Jennifer, 20, Rory, 17 and Phoebe, 14. He said his three children understand why he has pledged to leave his £70billion fortune to charity.
Bill Gates further added that his children are 'proud' of his decision to dedicate his money to helping the world's poorest. He said that instead of billion-dollar trust funds, his children will be given a 'great education' to help start their own careers.
He said: 'This money is dedicated to helping the poorest. They know that, they are proud of that, they go on trips with us to see the work that's being done.'
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