Sting has revealed that he has no plans to leave his fortune, estimated at $306 million, to his six children.
“With my children there is great wealth, success — a great shadow over them — so it’s no picnic at all being my child. I discuss that with them; it’s tough for them,” the 62-year-old singer told the Mail.
“I told them there won’t be much money left because we are spending it! We have a lot of commitments. What comes in we spend, and there isn’t much left,” he added. “I certainly don’t want to leave them trust funds that are albatrosses round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate.”
Sting said that if his children really needed his help, he would be there for them, but “they have this work ethic that makes them want to succeed on their own merit. People make assumptions that they were born with a silver spoon in their mouth, but they have not been given a lot.”