15 high-profile billionaires and millionaires who aren't leaving their fortunes to their children
- Millionaire heiress Gloria Vanderbilt died on June 17, leaving behind a massive fortune. Vanderbilt's son Anderson Cooper has previously stated he will not receive an inheritance.
- Several other high-profile millionaires and billionaires have also declared they will leave little to their children.
- Many of these wealthy parents have pledged to give the majority of their wealth away to charitable organizations by signing the Giving Pledge.
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Many high-profile business magnates, billionaires, and celebrities believe money shouldn't be handed to their children.
Anderson Cooper - whose mother Gloria Vanderbilt died on Monday- has previously stated he does not expect a trust fund. Other superrich parents, such as Mark Zuckerberg and Priscilla Chan, have signed the Giving Pledge, which promises to give away the majority of their massive fortunes. However, for some, the amount remaining is still worth millions (if not billions).Read more: The youngest heirs and heiresses poised to inherit billions from their parents
Business Insider has compiled a list of 15 high-profile millionaires and billionaires - some of whom are the world's biggest business magnates - who won't be signing over their fortunes to their kids in their will. We ranked these wealthy parents in ascending order by their net worth.
Keep reading for a look at 15 high-profile billionaires and millionaires who aren't leaving their fortunes to their children: