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Some wealthy parents have publicly said they do not plan to leave their children a large fortune or trust fund. That is not necessarily the same as leaving them nothing: reported plans and comments include paying for education, helping children while they are alive, or giving wealth to charity. These are public statements and reported philosophies—not confirmation of anyone’s current will or trust.
The exact 15-person roster implied by the original title cannot be established from the available reporting. The examples below are people for whom the cited outlets report relevant comments, with the important differences made clear.
Which rich parents have said they won’t leave their kids a large inheritance?
These examples are not all equivalent. Some speakers reject a trust fund or a large transfer after death; others emphasize work, financial independence, education support, or philanthropy. The accounts cited here are secondary reporting, so statements should be understood as attributed public comments rather than verified estate plans.
Ashton Kutcher and Mila Kunis: no planned trust fund, according to reports
Roundups report that Kutcher said he and Kunis were not setting up a trust fund for their children and expected to give money to charity and other causes. That supports describing their reported position as rejecting a planned trust fund or large inheritance—not asserting that their children will receive no assets or support. (Us Weekly; CafeMom)
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Us Weekly reports Craig saying, “I don’t want to leave great sums to the next generation,” and describing a preference to spend or give away his wealth during his lifetime. This is his reported philosophy, not evidence of what his estate documents currently provide. (Us Weekly)
Sting: work is expected, but support is not absent
Us Weekly reports that Sting has said he does not intend to create trust funds for his children and has told them, “They have to work.” The same account says he has paid for education and basic needs, so his position should not be recast as refusing all family support. (Us Weekly)
Marie Osmond: charity alongside help for family
Us Weekly reports that Osmond intends to give her money to charity. It also describes her helping her children when they need assistance. Her reported stance is therefore better characterized as opposing a large inherited fortune than as a promise to provide no help to her family. (Us Weekly)
Anderson Cooper: no “pot of gold,” with college support
BuzzFeed reproduces Cooper saying, “I don’t intend to have some sort of pot of gold for my son.” The same account says he planned to pay for college. The distinction is between a large unrestricted inheritance and a specific form of support. (BuzzFeed)
Jackie Chan: reported emphasis on earning money
CafeMom reports remarks from Chan emphasizing that his son should earn his own money. Because this is secondary coverage and does not establish a current estate plan, it is safest to treat it as a reported view about self-reliance, not proof that no assets will pass to his children. (CafeMom)
Shaquille O’Neal: effort before investment
CafeMom reports that O’Neal has emphasized education and said his children should present a business proposal if they want him to invest. That describes a condition he has reportedly placed on business support; it is not a categorical statement that his children will inherit nothing. (CafeMom)
Gene Simmons: children should work
CafeMom reports Simmons saying his children should work and would not become rich solely from his money. The account supports a stated expectation of self-sufficiency, not a confirmed description of his estate arrangements. (CafeMom)
Laurene Powell Jobs: wealth for public good
CafeMom reports Powell Jobs describing an intention to use wealth for public good and to end the accumulation of family legacy wealth with her. That is a reported philanthropic philosophy; it does not specify the eventual disposition of every asset or establish the contents of a will or trust. (CafeMom)
Are they leaving their kids nothing—or just not a fortune?
In most of these accounts, “no inheritance” is shorthand for rejecting a large fortune, trust fund, or automatic transfer of wealth. It does not necessarily rule out education costs, basic needs, help during a parent’s lifetime, or other assets. The reported examples differ in what they describe, so one person’s comments should not be used to fill gaps in another’s plan.
- No trust fund: A statement against creating a trust does not, by itself, establish that children will receive no property or financial help.
- Support with conditions or purpose: Education, basic needs, or a business investment may be treated differently from an unrestricted lump sum.
- Charitable giving: A stated intention to give wealth away can reflect a priority for philanthropy without specifying how every family asset will be handled.
- Philosophy versus legal plan: Interviews and media accounts report what people have said; they do not disclose or verify current wills, trusts, or legally binding arrangements.
Why do some wealthy parents say they won’t pass on a large fortune?
The reported reasons include encouraging work and financial independence, avoiding what a parent sees as entitlement, and directing wealth toward charitable purposes. Those are the speakers’ stated rationales, not proof that inheritance has a uniform effect on children. In some accounts, the parent distinguishes an unrestricted inheritance from support tied to education, needs, or effort.
Why isn’t there a verified list of exactly 15?
Different celebrity roundups use different rosters and apply “inheritance” to different things, including trust funds, large fortunes, and comments about children working. The closest title match is CafeMom’s 2023 article, “15 Wealthy Celebrities Who Won’t Be Leaving Their Kids an Inheritance,” but overlapping lists do not establish a single canonical set of 15 for this title. Other names appear in separate roundups, but their inclusion cannot be treated as verified here. For that reason, this article names only examples supported by the cited reporting rather than filling out a list with uncertain entries.
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