Sting Not Leaving $300 Million Fortune to His Children: 'They Have to Work'

artist: Sting date: 06/24/2014 category: music news
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Sting Not Leaving $300 Million Fortune to His Children: 'They Have to Work'
Despite selling over 100 million records and being worth over $305 million, rock legend Sting has no intention of leaving his fortune to his children.

Chatting with the Daily Mail, the Police frontman explained how it's "no picnic" being his child, giving a detailed explanation on his decision.

"With my children there is great wealth, success - a great shadow over them - so it's no picnic at all being my child. I discuss that with them; it's tough for them," the musician kicked off.

"I told them 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," he continued. "I certainly don't want to leave them trust funds that are albatrosses 'round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate.

"Obviously, if they were in trouble I would help them, but I've never really had to do that," Sting pointed out. "They have this work ethic that makes them want to succeed on their own merit. People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot."

Sting then pointed out how there's over 100 people on his payroll, comparing his music business to a corporation. "I keep a community of people going. My crew, my band, my staff ... it's a corporation!"
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