Many people believe that the best way to become wealthy is to inherit money. You might even say that you win the lottery when you’re born. However, some wealthy individuals, even those with millions or billions of dollars, believed it would be wrong and dangerous to leave all their wealth to their children and grandchildren.

Elton John

Elton John is worth $500 million. He has released over 30 albums, toured a lot, and brought joy to the world.

Elton has two sons, who have grown up famous and wealthy. He told the Daily Mirror newspaper that after his death, they would have to find their way to success. “Naturally, I want to make sure my boys are financially secure. But giving children a silver spoon is a bad idea.

Aaron Spelling

Aaron Spelling, a famous TV producer, was worth about $600 million. He was a big star on TV for years.

He used his fame to treat his children, Tori and Randy, to numerous trips and presents, and he even built one of the largest houses in Beverly Hills. Later, Spelling thought that his children couldn’t handle the amount of money he had because they spent so much of it. Reports say that after his death, he left his daughter Tori with less than $1 million of his $600 million inheritance.

Barron Hilton

Barron Hilton, the chairman and heir of the Hilton Hotel Corporation, is worth $4.5 billion. Barron grew up rich. He inherited money from his father, Conrad. Conrad started the family hotel business and became a global leader in hospitality.

Barron, on the other hand, decided to give his eight children and famous grandchildren, including Paris and Nicki Hilton, money instead. He chose to go against his family’s tradition of giving money away and donated most of his wealth to charity, with the majority of it going to the Conrad N.

Bill Gates

Bill Gates, the co-founder of Microsoft, is worth $106.8 billion. Bill and his ex-wife, Melinda, have used their wealth to inspire and help others improve the lives of the world’s poorest people.

Before they announced their split after 27 years together, the two of them established the Bill and Melinda Gates Foundation. Most of the money they left to the foundation came from this. Although the two have stated that they will give each of their three children a substantial amount of money, $10 million, they also want other billionaires to do the same.

Robert Kardashian

Robert Kardashian, a famous lawyer who specialises in defending people accused of crimes, has a net worth of $30 million. After his long fight with cancer, he left his money to his wife, Ellen Pierson. He had only been married to Pierson for less than a year.

His first wife and four children—Khloe, Kourtney, Kim, and Rob—were not mentioned in his will. Even though they went on to have quite successful careers, they were upset and challenged the will in court. The judge said the lawsuit was not valid. The lawsuit stated that Robert’s wife had created documents that were not genuine.

Bob Marley

Bob Marley was a singer from Jamaica. He died in Miami, Florida, in 1981 when he was 36. He was one of the world’s most famous reggae singers. His career, which started in 1962, suddenly ended when he died of cancer.

He is worth $130 million and has 11 children. Marley never made a will because his Rastafarian beliefs led him to believe that he did not have a concept of death. As a result, there have been numerous arguments between his family members, and these disputes continue to this day.

Sting

Gordon Sumner, better known as Sting, spent most of the 1970s working as a construction worker, bus conductor, tax clerk, and teacher before becoming the main singer for the band The Police. His time with the band and his subsequent successful solo career made him wealthier, with an estimated net worth of $400 million.

In an interview with The Guardian, Sting said that his six children should not expect much after his death because of how he has spent money in the past.

Richard “Old Man” Harrison

Richard “Old Man” Harrison became famous as one of the pawnshop owners on the reality television show Pawn Stars. He had three boys: Christopher, Joseph, and Rick Jr. Rick, his son, appeared alongside him on the show.

When Richard Harrison Sr. revised his will in 2017, he promptly removed his son, Christopher. Although he never explained why, and neither did Rick Jr, his executor, we know that the inheritance would have been substantial, given that Harrison was worth $8 million.

50 Cent

50 Cent, a musician, rapper, and actor, was born Curtis Jackson III. He had a difficult background, including the death of his mother when he was only eight years old, being shot, and selling drugs as a teenager. Marquise was born when 50 Cent was just 21 years old.

Jackson’s family life was also difficult. He frequently fought with his ex-girlfriend, Shaniqua Tompkins. They argued over who would look after their son, Marquise. 50 Cent even said publicly in June 2019 that Marquise was not his child. He wrote on Instagram, “I got a blood test that shows I’m not the father.

Michael Jackson

Michael Jackson, the famous (and sometimes disliked) singer known as “The King of Pop,” has three children and an estimated fortune of around $400 million.

Before his last child was born, Jackson made his will in 2002. In it, he decided not to give all of his money to his children. He gave most of his money to his mother, his children, and other charities. Michael decided not to include his father in his will because their relationship was often complex.