If Sting’s kids were planning on living lavishly after their famous father passes away, they better make other plans. According to the legendary musician, his kids will not be inheriting large trust funds — if, of course, he ends up leaving any money behind at all.
Sting, who is the father of six children between his current wife of over 20 years, Trudie Styler, and ex-wife Frances Tomelty, is determined to ensure that after his death, his kids find their way in the world through hard work, just like everybody else — doesn’t sound like much fun, huh? But don’t worry: Sting’s not crazy. He’s just trying to be a good father.
“I certainly don’t want to leave them trust funds that are albatrosses ‘round their necks,” Sting told the Daily Mail. “They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate.”
Not that Sting thinks his kids need his financial help, anyway. The proud dad has already seen his children succeed, and knows that they can continue to do so long after he’s gone.
“They have this work ethic that makes them want to succeed on their own merit,” Sting said. “People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot.”
Besides, Sting doesn’t plan on leaving any money behind to inherit. If you can’t take it with you, he’s going to make sure he spends it all first. After all, he does employ upwards of 100 people when it comes to his band and his staff.
“I told them there won’t be much money left because we are spending it!” he said. “We have a lot of commitments. What comes in, we spend, and there isn’t much left.”
Do you think Sting’s making the right decision, or should his kids be entitled to his riches after he’s gone?
Source: Daily Mail