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.
“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.
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.”
My Parents Gave Me $10,000 to Pay for College — I Was Shocked to Find Out What They Wanted in Return
My Parents Gave Me $10,000 to Pay for College — I Was Shocked to Find Out What They Wanted in Return
I am about to graduate high school and I have been applying to universities and going on tours. My parents decided to gift me $10,000 to cover college costs. I was excited about this gift until they told me what they wanted in return. I refused their terms and walked away but now they are calling me ungrateful.
Parents giving cash gift to daughter | Source: Getty Images
Growing up in a small state with big dreams, I always envisioned my future in New York pursuing my dreams. My vibrant brushstrokes, which had been a part of me almost all my life, kept my dream going.
My room was a kaleidoscope of colors, filled to the brim with paintings that spoke volumes of my journey through high school. I won art competitions and its perks were evident in the array of accolades adorning my walls.
A young woman painting | Source: Getty Images
But art wasn’t just about the trophies; it was about the stories behind each brushstroke, each piece holding a piece of my heart. Among these masterpieces, a subtle hint of my side gig lingered, paintings created with love, for lovers, whispering tales of romance and passion.
A room with framed artwork | Source: Getty Images
Painting was more than a hobby to me, it was my passion and my identity. My parents, on the other hand, saw it as a fleeting interest, something that would never sustain a ‘real’ career. They encouraged me to explore more ‘practical’ fields, but my heart was set on pursuing an art degree in New York, a city that pulsed with creativity and opportunity.
A woman painting her room | Source: Getty Images
One evening, amidst my college applications and tours, the dinner table conversation started off innocently enough. My parents had a surprise for me, a gesture so generous it left me speechless. “We’ve decided to give you $10,000 to help pay for college,” my mom announced, her smile as warm as the summer sun.
I was over the moon. “Thank you so much! This means I can apply to my dream art schools in New York!” I exclaimed, visions of bustling city streets and inspiring art galleries dancing in my head.
A happy daughter receiving cash gift from parents | Source: Getty Images
But the warmth quickly faded as my dad cleared his throat, signaling the onset of conditions I hadn’t anticipated. “There are two rules,” he said sternly. “First, you can’t leave the state for university. And second, you can only choose from the degrees we approve of — medicine or law. We don’t think an art degree is the right path for you.”
My heart sank. “But I’ve been painting my whole life. You know how much this means to me,” I countered, trying to keep my voice steady despite the turmoil inside.
A daughter sad at her parents terms | Source: Getty Images
“We’re doing this for your own good, Ruth. Stop being ungrateful. We just want you to have a secure future,” my mom chimed in, her voice softer but no less firm.
The argument that ensued was not just heated; it was a clash of dreams and practicalities, each word sharp with the tension of unmet expectations. “How can you call it help if it comes with strings that strangle my dreams?” I cried out, my voice cracking under the strain of emotion. My parents, steadfast in their stance, responded with equal fervor.
A mother repremanding daughter | Source: Getty Images
“Ruth, we’re not trying to strangle your dreams, that is an ungrateful thing to say. We’re trying to ensure you have a future that’s not dependent on whims,” my dad countered, his tone laced with frustration and concern.
“Art isn’t a whim! It’s who I am. Don’t you understand? By restricting me to medicine or law, you’re asking me to give up a part of myself,” I shot back, desperation creeping into my voice. Each word felt like a plea for them to see me, to really see the person I was and the dreams I harbored.
Very upset parents scolding their daughter | Source: Getty Images
My mom sighed, her usual composure faltering. “We’ve seen too many struggles in fields like art. We don’t want that life for you. Can’t you see we’re doing this out of love?”
“But love shouldn’t come with conditions that force me into a mold I don’t fit,” I argued, my heart aching with the need to be understood. “I appreciate the gift, I really do. But if it means sacrificing my passion, my dreams, then what’s it worth? Isn’t my happiness and fulfillment important too?”
Angry father with daughter | Source: Getty Images
The room fell silent, the air thick with unspoken words and unresolved emotions. I stood there, feeling more alienated than ever. It was clear that the gap between us wasn’t just about the money or even about my career choice; it was about recognition, about them not validating my identity and aspirations.
Unable to bear the weight of their expectations and the pain of feeling so fundamentally misunderstood, I stormed out, the sound of my departure echoing through the house.
A daughter leaving home | Source: Getty Images
The door slammed shut behind me, a symbolic closure to a conversation that left me feeling more lost and alone than before. The gift that was meant to pave my way to the future now felt like chains binding me to a path I couldn’t walk, a future I couldn’t accept.
In the weeks that followed, I sought refuge at my friend’s place, a sanctuary where I could escape the stifling atmosphere of my home. It was a time of reflection and, surprisingly, of understanding. I realized that my parents’ intentions, albeit misguided, came from a place of love. They wanted me close, and safe in a career they deemed secure.
A sad daughter | Source: Getty Images
But a fire still burned within me, a desire to follow my dreams. I started working on a presentation, pouring my heart into every slide. I gathered testimonials from successful artists, statistics on the demand for creative professionals, and a detailed budget plan to manage my expenses beyond the $10,000 gift. My aim was to show not just the viability of an art degree but the depth of my commitment to my passion.
A daughter thinking about her future | Source: Getty Images
With the presentation ready, I reached out to my parents, asking for a chance to discuss my future. They agreed, and on the day of the meeting, a mix of nerves and determination filled me. As I walked into the hotel lobby to meet my parents, a knot tightened in my stomach, and my palms grew clammy with nerves.
Nervous woman walking | Source: Getty Images
Despite my determination, fear gnawed at me, whispering doubts and uncertainties. The weight of the impending conversation pressed heavily upon me, each step forward feeling like a leap into the unknown. Yet, amidst the fear, a flicker of hope persisted, driving me forward with the belief that this meeting could change everything.
Nervous daughter presenting to parents | Source: Getty Images
“Mom, Dad, I understand your concerns, but I need you to see things from my perspective,” I began, as soon as we were done with the pleasantries. Clicking through slides that represented my dreams and plans. I spoke of compromise, of understanding, of a future where passion and pragmatism could coexist.
A woman presenting | Source: Getty Images
“Pursuing art is not just an urge; it’s my passion, my calling. I need the freedom to explore this path fully,” I said meeting my parents’ gaze with determination.
Acknowledging their worries, I continued, “I know you want what’s best for me, and I appreciate that. So, here’s what I’m proposing, regular check-ins and updates on my progress. You’ll see firsthand how committed I am to making this work. Please, trust me to follow my dreams.”
Parents listening to their daughter | Source: Getty Images
As I talked, I saw the change in their expressions, from skepticism to contemplation, and finally, to understanding. “We never realized how much this meant to you,” my dad admitted, his voice softer than I’d heard in weeks. “Your presentation… it’s clear you’ve thought this through.”
Happy parents with daughter | Source: Getty Images
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