Simon Cowell Shocks Fans: His $600 Million Fortune Won’t Go to His Son

Simon Cowell is known for being a tough and brutally honest judge on TV talent shows. He is a producer and the creator of popular shows like *The X Factor* and *America’s Got Talent*, and he has done very well for himself throughout his career. Despite his tough TV persona, Simon Cowell is now a caring father. He has said that none of his $600 million fortune will go to his son, Eric. Instead, he plans to donate all of it to charity.

Simon Cowell is a very successful entertainment business owner, producer, and TV personality, known for judging talent competitions in both the UK and the United States. Now, he can add another role to his list: he is a father. Cowell became a father in 2014, a moment that he says changed him as a person. However, before the birth of his son, Eric, he mentioned in an interview that none of his $600 million fortune would be passed on to his son. He believes that passing down wealth to the next generation is not the right thing to do.

shutterstock

“I’m going to leave my money to someone—probably a charity, like kids and dogs,” Simon Cowell said in 2013. He believes in leaving a legacy instead of just passing down money to his son. Cowell thinks that helping his son develop a successful career is more important than giving him a lot of money.

“The goal is to give people opportunities so they can succeed, and to share your knowledge with them,” he explained. Simon Cowell’s net worth is around $600 million, and he plans to donate all of it to charity. He hasn’t decided which charity yet, but he mentioned it will likely be related to children or dogs.

shutterstock

Simon Cowell is not the only celebrity who has said their money will go to charity instead of their children. Famous TV anchor Anderson Cooper shares similar views. He welcomed his child via surrogacy in 2020 and said, “I don’t believe in passing on huge amounts of money. I’m not that interested in money, but I don’t plan to have a pot of gold for my son. My parents taught me that college will be paid for, and then he needs to get to work.”

One of the world’s richest people, Microsoft founder Bill Gates, has also promised that his children won’t inherit his billions. Most of his wealth, along with that of his ex-wife Melinda Gates, will go to the Bill and Melinda Gates Foundation. This foundation aims to eliminate poverty, hunger, and disease worldwide. Gates explained, “It’s not a favor to kids to give them huge sums of wealth. It can distort their path.”

Other celebrities who also believe in not passing down wealth include Jackie Chan, Mark Zuckerberg, Warren Buffett, Gordon Ramsay, Ashton Kutcher, Mila Kunis, and Sir Elton John. Zuckerberg and his wife said on Facebook, “We have a moral responsibility to all children in the next generation. Our main focuses will be personalized learning, curing disease, connecting people, and building strong communities.”

Tesla Driver’s Jaw-Dropping Electric Bill After 12 Months Sparks Huge Reaction

People can’t believe how much it cost him in eIectricity to run his Tesla for a whole year. It wouIdn’t be silly to think that the costs of running a Tesla might be slightly extortionate when taking a look at how much the cars cost in the first place. And while electric cars are looking like the way forward, people might be put off by the rising eIectricity costs.People were left baffIed on X, formerly known as Twitter, when a man shared his electric bill after a year of driving the car – and the figure was certainIy surprising.We all know that petrol and diesel are definitely not the cheapest ways to get around, but how much does it really cost to run one of Elon Musk’s motors? The man captioned the post: “First time I have had a bill within the last 12 months. “This sucks.”
He was writing sarcastically, of course, after seeing that his electricity bill was actually in single digits. After a year? You did read that right. The balance due was just $2.37 (£1.89)– rather than the hundreds of dollars you might assume it costs to charge your car regularly over a month.

But how on earth did it only cost so littIe?
Well, upon taking a closer look, it appears it’s still a pretty expensive process.The user’s cover photo displays a Tesla Powerwall, which is a huge battery that loops into your home’s power and is really handy to have if you have got solar panels.
It means that the solar panels which power your house, also store excess charge in your Powerwall, which charges your car. But these don’t come at a small cost, as you may have presumed. The Powerwalls start at around $11,500 (£9,000), but can range up to $15,000 (£11,800), according to Forbes.

If you plan to keep your Tesla for a number of years, which evens this figure out a bit, maybe there’s a case for it working out in the Iong-run to be borderline cost effective.
That’s if someone could hand us nine grand, please?
People joked in the comments about the Tesla owner’s sarcastic post, one said: “Damn my dude post a GoFundMe the community will rally around you I’m sure.”
Another said: “That’s horrible.
“My condolences.”
Tesla went viraI again this year after reIeasing their latest creation: the Cybertruck.

Related Posts

Be the first to comment

Leave a Reply

Your email address will not be published.


*