Daniel Craig, Ashton Kutcher and more celebrity parents have decided not to leave their children with trust funds.
“Isn’t there an old adage that if you die a rich person, you’ve failed?” Craig told Candis in an August 2021 interview. “I think Andrew Carnegie gave away what in today’s money would be about 11 billion dollars, which shows how rich he was because I’ll bet he kept some of it, too. But I don’t want to leave great sums to the next generation. My philosophy is get rid of it or give it away before you go.”
Craig became a dad in 1992 when his and ex-wife Fiona Loudon‘s daughter Ella was born. In late 2018, Craig and Rachel Weisz welcomed a baby girl. When the couple wed in 2011, Craig also became the stepfather to the actress’ son, Henry, with ex Darren Aronofsky.
As for Kutcher, the That ‘70s Show star shares daughter Wyatt and son Dimitri with his former costar Mila Kunis. In November 2019, Kutcher told Dax Shepard why they didn’t plan to leave the little ones any money.
“I’m not setting up a trust for them,” Kutcher explained during an “Armchair Expert” podcast episode at the time. “We’ll end up giving our money away to charity and to various things. My kids are living a really privileged life, and they don’t even know it. And they’ll never know it, because this is the only one that they’ll know.”
Keep scrolling to find out why more celebrities aren’t giving their kids trust funds: