Bill Gates, Mark Zuckerberg and a series of famous billionaires but decided not to leave assets to their children

If you think that just being born into a billionaire family, there is no need to worry about future life because there is a huge inheritance waiting for you. Then you should avoid reincarnating into these billionaire families, because they have declared no or very little fortune to the next generation to do charity and teach their children the value of work.

Being born into a very rich family obviously brings a lot of perks. We always assume that the children of billionaires often receive a huge inheritance from their wealthy parents. But many business tycoons, such as Bill Gates, are famous for declaring that they do not intend to let their children inherit their fortune. Currently, there are many other billionaires who share the same thought. Instead of leaving the next generation to "sit on a pile of gold", they plan to donate their fortune to charity, while also seeing it as teaching their children the value of work.

Mark Zuckerberg: $137.3 billion

Is it hard to imagine a current tech world without Facebook? Mark Zuckerberg is not only the founder of the most user-friendly social network on the planet, but also a very influential name in the technology industry.

In 2015, when Zuckerberg and his wife Priscilla Chan welcomed their first daughter, Max, they announced in an open letter that the family would donate 99% of the company's shares over their lifetime to a self-founded fund to "promote equality for all children in the next generation". The couple also have a second daughter named August born in 2017.

In an interview with CBS, Zuckerberg revealed: "The first rule is that we don't give everything to our children. The children need to live responsibly. My wife and I take the children to work, to the office, to the children. you can see what you're giving."

She also lives with her family in a fairly simple apartment in Palo Alto, California, according to US media. Despite owning a huge fortune, the Facebook boss and his wife still maintain a living space with almost no appearance of high-end technology devices.

In particular, both daughters of the Facebook boss are protected by their parents' privacy in front of the media. Both girls are not allowed to use social media until they turn 13 "because that's the rule".

Bill Gates: 105.3 billion USD

Bill Gates is one of a number of billionaires who have promised to donate most of their fortune to philanthropic causes, so Gates intends not to leave his huge fortune to his children. In an interview with the British TV program "This Morning" in 2016, Bill Gates gave an explanation for his decision.

According to the Microsoft founder, instead of receiving large sums of billions of dollars inherited from his fortune, Bill Gates' children will receive a good education to be able to launch their own careers. .

"My kids will enjoy a great education and a financial means to make sure they never get poor, but they have to go out and build their own careers," said Bill Gates. shared on the program of This Morning.

"It's not good for children to have a huge fortune. It distorts what children are able to do to create their own path," Bill Gates added.

However, Bill Gates also said that his children still have a certain financial security to ensure that they will never be poor.

The Microsoft founder said his children understand his father's decision and feel proud that Bill Gates has used his fortune to help the world's poorest people.

Warren Buffett: $100.8 billion

Warren Buffett famously claims that he wants to give his children "just enough for them to feel that they can do anything, but not so much that they feel like they don't have to do anything".

The legendary investor has pledged to give more than 99% of his fortune to charity and leaves only a relatively small amount of his fortune to his children. However, each of them still has a $2 billion fund funded by Warren Buffett, according to The Washington Post. The CEO of Berkshire Hathaway also founded The Giving Pledge with Bill Gates.

Laurene Powell Jobs: $22 billion

Laurene Powell Jobs inherited a huge fortune after the death of her husband Steve Jobs, the founder of Apple. Steve Jobs' net worth was worth $10.2 billion at the time of his death in October 2011.

The American billionaire said she does not believe in wealth accumulation. In an interview with Forbes, the female billionaire shared: "For me money is just a tool, not an important thing."

According to Business Insider, she has spent the past several years distributing her late husband's estate to the community. Laurene founded the Emerson Collective in 2004 - a charity focused on helping immigrants and fighting for social justice.

Laurene and Steve have three children together. The late Apple CEO and a daughter named Lisa Brennan-Jobs from a previous relationship. According to the International Business Times, Lisa revealed that she and her siblings received an inheritance of just a few million dollars.

Ted Turner: $2.3 billion

Ted Turner is an American media mogul and the founder of CNN. He signed The Giving Pledge - a campaign to encourage the extremely wealthy to donate most of their wealth to philanthropic causes founded by Bill Gates.

Ted Turner is famous for regularly donating to charity with huge amounts of money, for example, once donating $ 1 billion to the United Nations.

Reed Hastings: $5.7 billion

Reed Hastings is the billionaire co-founder and currently CEO of Netflix - the world's most powerful TV platform at the moment.

Although currently owning a fortune of billions of dollars, Reed Hastings has had a difficult career, going up from nothing. The Netflix boss even once worked as a shipper. That's why, more than anyone else, this billionaire understands the value of work and wants his children to work hard instead of living in luxury for the rest of their lives.

He recently donated US$120 million to universities in the US to promote education. Hastings also created a $100 million fund at the Silicon Valley Community Foundation that focuses on education. He is also a billionaire who signed the The Giving Pledge campaign, affirming that he will not leave much of his fortune to his children.

George Lucas: $7.3 billion

Shortly after the Star Wars author sold his company Lucasfilm to Disney, he grossed about $4 billion.

But George Lucas has stated that a large part of his fortune will go to educational philanthropy and not to his 4 children, including 3 adopted children and 1 child born through surrogacy. Lucas has also pledged to give half of his fortune to The Giving Pledge.

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