re: Daniel Craig Reveals His Children Won't Inherit His Fortune

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They don't sit with us in first class," he added. "They haven't worked anywhere near hard enough to afford that. At that age, at that size, you're telling me they need to sit in first class? No, they do not. We're really strict on that."

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How old are his kids? Teenagers, got it. Elementary school? Dick

I would find it an honor to transfer any kind of wealth to my children that I can. If I can at a minimum help them avoid bullshite lectures and political statements from corporations they may end up having to work for then I have succeeded. They will not be beholden to banks as well. They can create their own businesses and their own destiny with what I leave for them is my hope. Are there downsides, sure but the benefits of wealth transfer outweigh those greatly. You have to still teach children the benefits of hard work and a work ethic and that should go without saying. And if you do have a child that has grown into a shitty adult then take care of that situation in your last will and testament. And do I believe Craig’s statement, no I don’t. Just makes for good press for him.

Daniel acts as if he really earned it...he is an actor. Outside of the last hundred years, he would be a court jester. If he really cared, he would be giving away his movie money as soon as it his account. Turd.

I’ll never understand this attitude.

Will my kids get what my wife and I have accumulated through hard work and good decisions? Hell yes.

Am I not playing golf today, or not buying my wife a new SUV so they can have a little more? Nope, I’m going to live the way I want till I croak.

My kids took out student loans for their last year of college do they’d have an incentive to get to work after, I paid for the rest because I didn’t want them to start their careers burdened with a lot of debt. They’re working with good jobs in the degrees they graduated with and I’m tremendously proud of them. So they’re going to get what I have, and I hope they’ll continue to make good decisions with it.

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There is nothing more pitiful than the child of a rich man.

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Oh good, more fortune cookie philosophy. You know what’s more pitiful than a rich guys kids? The broke- dick wage earner repeating platitudes he read off the side of a coffee mug.

Generational wealth is one of the greatest attributes of capitalism and has helped to create and sustain vibrant economies for decades.
If the kids are lazy shitheads or wreckless spenders, that’s on them (and possibly their parents). But leaving your children financially secured (to the best of your ability) should be one of the goals when having them.

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Why would you give your wealth to anyone but your offspring?

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Because I don't want to make my offspring miserable. I know about 20 wealthy families that have passed down generational wealth. I can only think of three of them that don't have miserable lives.

This includes several suicides of people who were fantastically wealthy but did not earn a dime.

Wonderful. While here I am working almost exclusively to save a shitload of money in retirement accounts and other investments for almost no other purpose but to ensure my kids and/or wife wont struggle. To each his own, I guess.

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You’ve gotta be a shitty parent to think that other random folks can spend your money better than the ones you raised.

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I dunno. A lot of these actors are really good at acting and nothing else. They are terrible at investing/spending and their playboy kids will be much worse. For every guy like Jay Z or Frank Sinatra that could put that money to work and make it come out 10x, you have morons like Vince Young and MC Hammer that blow it all.

Then you have their mouth-breathing kids like the Kardashians etc...

We're projecting the intelligence of an OT Baller to a meat head who looks good on camera. OT Baller junior can probably keep it together with $50m, but I don't trust actor kids.

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Then you have their mouth-breathing kids like the Kardashians

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I dunno man, I think the youngest (name slips my mind) is super successful doing her own thing.

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"They don't sit with us in first class," he added. "They haven't worked anywhere near hard enough to afford that. At that age, at that size, you're telling me they need to sit in first class? No, they do not. We're really strict on that."

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That is awesome.