In a recent interview, the
singer/songwriter Sting (formerly of The Police), said he grew up poor near the
Wallsend shipyards in England. At present, he has an estimated net worth of
$300 million. Sting has no plans to leave any of it to his six children. He
wants his children to have the chance to come up the way he did. The 62-year-old musician stated that he didn't
want to "leave them trust funds that are albatrosses round their
necks."
According to Sting, the issue of his
inheritance might not come up at all, considering how fast he goes through his money.
Sting has over 100 people he employs, and said in the interview, "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."
Do you think Sting should leave some
money for his children? Please state why or why not.