Sting Says His Kids Won’t Inherit His Fortune

Gordon Matthew Thomas Sumner, better known by his stage name Sting, says he wants his kids to “succeed on their own merit.”

 

The Pop legend Sting, known for fronting the English rock band The Police and for his wildly successful solo career, told The Daily Mail, in an interview on Sunday, that his children won’t be getting their hands any of his money when he dies.

 

Sting, who grew up poor near the Wallsend shipyards in England, made a name for himself and amassed a healthy fortune – estimated at $180 million pounds or $300 million US – and apparently wants his children to have that same opportunity to make their own lives.

 

“They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate,” Sting told The Mail. “Obviously, if they were in trouble I would help them, but I’ve never really had to do that. They have the work ethic that makes them want to succeed on their own merit.”

 

The 62-year-old musician also said that he didn’t want to “leave them trust funds that are albatrosses round their necks.”

 

Sting has six children, two from his marriage to Irish actress Frances Tomelty, and four from his current marriage to English actress Trudie Styler.

 

According to Sting, the issue of his inheritance might not come up at all, considering how fast he goes through it. Sting has over 100 people in his employ, 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.”

 

Source : Zach Seemayer, tv.yahoo.com