Simon Cowell's Decision on Son's Inheritance Sparks Debate
Renowned producer and TV personality Simon Cowell has revealed that he does not plan to pass down his approximately $600 million fortune to his 11-year-old son Eric.
Cowell's wealth will reportedly go to charities supporting children and dogs instead of his son. He stated,
I don’t believe in passing down money from one generation to the next.
Cowell intends for his son to achieve success by his own means rather than inherit it, saying
College will be paid for, and then you’re on your own. This approach is similar to how his parents empowered him.
Before his current success, Cowell started his career by sorting mail at EMI Music.
Author's summary: Cowell won't leave his fortune to his son.
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