Simon Cowell – $500 million
Last year, the X Factor judge and music mogul, who has a 16-month-old son, told the press that he doesn’t believe in passing on wealth from one generation to another. Rather, he plans to leave his money to charity, likely benefiting “kids and dogs.”
Kevin O’Leary – $300 million
This Canadian investor and businessman is known for serving as a judge on Shark Tank. In one interview, he said that he does not plan to pass on his wealth to his children. “If you don’t start out your life with the fear of not being able to feed yourself and your family, then what motivates you to go get a job?” he explained. “Fear motivated me, and it will motivate them.” He also said that once they are done with education, he is going to kick them out of the house. However, he did say that he will put up trusts for his grandchildren and great grandchildren!