If you are born into a wealthy family you just assume that life will sail through smoothly for you. You'll easily inherit your parent's wealth and go on with life without having to push yourself to earn a wage. But an Australian billionaire family has announced that their children wouldn't inherit their properties worth billions of dollars.?
This billionaire, named?Andrew ¡®Twiggy Forrest¡¯, and his wife Nicola own Australia's second-biggest fortune of $27 billion.
The couple talked about not letting their children get their property and where will the money actually go in an interview on ABC¡¯s Australian Story. Their fortune will be?distributed to a range of charities, including Indigenous support, education and cancer research.
Nicola Forrest said she didn¡¯t want their children, Grace, Sophia, and Sydney to be ¡®burdened¡¯ by such an immense fortune. She said, ¡°We live in a home and I have a great life ¨C but the things that are most important in life, money doesn¡¯t buy that.¡°Children don¡¯t benefit from thinking they¡¯re going to inherit a huge amount of money.¡±
Her husband Andrew too agreed with the statement.?He told the ABC: ¡°The decision to give away everything but the personal things and goods was easy.¡°You know, let¡¯s not die wealthy. What¡¯s the point of that?¡±¡¯
Even though the couple has three children, they did mention a personal loss that helped them make their wealth-related decisions. The couple had a stillborn daughter in 1998.?
She told the programme: ¡°I went into the appointment, I said, ¡®Oh, I didn¡¯t think I was going to make this appointment.¡¯ And he said, ¡®Why not?¡¯ And I said, ¡®Because I haven¡¯t felt the baby move for 24 hours.¡¯ ¡°There¡¯s a saying that when a baby goes quiet, it¡¯s just before it¡¯s going to be born. And (after doing a check) he went, ¡®Oh, this machine must be broken. I¡¯m going to send you down the road for an ultrasound.¡¯
¡°That¡¯s the moment I knew.¡±??
Andrew too added to this statement. He said,? ¡°Whenever we¡¯re asked about our children, certainly in a quiet environment, we¡¯ll say, ¡®Yeah, we¡¯ve got four kids ¨C three on Earth and one in heaven,¡¯¡°Matilda really was a fabulous gift, not ours to hold.¡±
The family has also pledged to?donate more than half their fortune through Bill and Melinda Gates¡¯ Giving Pledge.?
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