Celebrities Who Cut Their Children Out of Their Inheritance
7. Bill Gates
Back in 1975, businessman Bill Gates decided to drop out of Harvard after two years to start Microsoft with his childhood friend, Paul Allen. At that time, no one really expected Gates to become a billionaire by the age of 26, let alone the wealthiest person in the world. However, now, over four decades later, Gates enjoys a king-like fortune of $106.8 billion.
But Gates and his wife Melinda focus their fortune on helping others, not themselves, though their charity, the Bill and Melinda Gates Foundation. While they plan to dedicate 99% of their wealth to the Foundation when they pass, each of their three children will still receive a modest $10 million.
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