Simon Cowell said he would give his $600 million fortune to charity instead of to his only son.

Simon Cowell, the renowned TV talent show judge, renowned for his $600 million fortune, recently stirred headlines by disclosing his decision not to bequeath his wealth to his son Eric. Instead, he intends to allocate the majority of it to charities dedicated to the welfare of children and animals. Cowell is committed to leaving behind a legacy of knowledge and guidance, stressing the importance of diligence and education for his son’s prosperity.

This approach mirrors the principles of other notable figures such as Anderson Cooper and Bill Gates. Cooper plans to forego a financial inheritance for his child, opting instead to support his education while fostering self-reliance. Similarly, Bill Gates channels his resources into the Bill and Melinda Gates Foundation to address global challenges.

Numerous affluent individuals, including Mark Zuckerberg, Warren Buffet, Gordon Ramsey, Ashton Kutcher, Mila Kunis, and Sir Elton John, prioritize philanthropy over sizable bequests, aiming to combat inequality and champion causes aiding the disadvantaged.

These parents underscore the significance of instilling in their children the values of hard work and modesty.