Sting Says Kids Won't Inherit His $306 Million Fortune
The 62-year-old rocker told the Daily Mail he and wife, Trudie Styler, will spend their money on themselves and charitable work instead of the kids.By Brice Sander | June 23, 2014
Sting's first hit as a solo artist was "If You Love Somebody, Set Them Free," and, apparently, that's the philosophy the musician has when it comes to his kids and money.
In a new interview with the Daily Mail, the 62-year-old rock star confessed he's not planning on leaving his estimated $306 million fortune to his six children.
"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 ... I certainly don’t want to leave them trust funds that are albatrosses round their necks."