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15 Celebrities Who Have No Intention Of Passing On Their Fortunes

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Not everybody is close with their family, but you would imagine that if you were rich you could find it in your heart to leave them something nice anyways.

That's not the case with these 15 stars, who each have their own reasons for ignoring their kids in their will.

1. David Cassidy  

Fans of The Patridge Family were shocked to hear about this teen idol's death last month, but the star's will held even more surprises. While he was reportedly on good terms with all three of his kids, Cassidy's daughter and Arrow actress Katie was left out of the inheritance.

David and Katie Cassidy.Variety

Cassidy told People in 2009 that “Because I didn’t raise her, I didn’t have to parent her,” and he really meant it. Katie was raised by her mother, model Sherry Williams, and her step-father, Richard Benedon.

2. Gene Simmons

The Kiss front man has made a fortune selling records and licensing Kiss merchandise, but he's made it very clear that his two children, Nick and Sophie, shouldn't expect to get it when he dies.

Simmons with his children.Ultimate Classic Rock

"In terms of an inheritance and stuff, they're gonna be taken care of, but they will never be rich off my money," the rocker told CNBC. "Because every year they should be forced to get up out of bed, and go out and work and make their own way."

3. Mickey Rooney

When this comedy legend died in 2014, it took two weeks for his family to arrange his funeral because of all their fighting. It seems that seven of Rooney's eight children were left out of his will, along with his estranged wife Jane.

CNN

The only person who saw a dime from Rooney's estate was his step-son and caretaker, Aber. But the movie star reportedly had just $18,000 to his name when he passed away.

4. Jackie Chan

The action movie star has a net worth of at least $130 million, but he's been up front about why his son Jaycee shouldn't expect to inherit his cash. Jaycee has publicly struggled with drug abuse, and even spent time in jail for marijuana possession.

Jackie and Jaycee Chan.India Today

“If he is capable, he can make his own money," the actor told NewsAsia in 2011. "If he is not, then he will just be wasting my money."

5. George Lucas

Movie fans will recognize Lucas as the man behind the massively popular Star Wars franchise, and he sold the series to Disney in 2012 for a whopping $4.5 billion.  

Lucas with three of his children.NYDN

But despite the huge payday, Lucas has committed to giving all his money away to charity. Specifically charities that support education for underprivileged kids. That's good news for the world, but not so good for Lucas's four children.

6. Ted Turner

The multi-billionaire is as famous for being the owner of cable networks like CNN and TBS as he is for being an environmentalist. Turner donated $1 billion to  the U.N. in 1997 to start the U.N. Foundation.

Turner, with his daughter Laura and her husband.Zimbio

Between that charity and his family's Turner Foundation, the TV mogul guesses that “at the time of my death, virtually all my wealth will have gone to charity.”

But that doesn't rule out a small nest egg for his five kids, either.

7.  Warren Buffett

The man behind the Berkshire Hathaway conglomerate has a hand in dozens of businesses ranging from investment firms to brands like Fruit of the Loom and GEICO. Those have earned him an astounding $78 billion, but the charitable Buffett has pledged to give away 99% of his wealth.

Buffett (center) and his son, Peter.AP

“Fear motivated me, and it will motivate them," he says about letting his kids fend for themselves. “I’m not an enthusiast for dynastic wealth, particularly when 6 billion others have much poorer hands than we do in life."

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