Thursday, August 28, 2014

Rich Parents leaving little to the legal heirs


Warren Buffett
The billionaire philanthropist has left 2 billion dollars to each of his three kids. He famously said, the perfect amount to leave children is "enough money so that they would feel they could do anything, but not so much that they could do nothing."

Melinda and Bill Gates
The couple are reportedly leaving 10 million dollars to each of their three children -- barely a day's interest on their 76 billion dollars fortune. Acknowledging it was minuscule portion of his wealth, Gates told the Daily Mail in 2011, "They will have to pick a job they like and go to work".

Intelligent parents, although fabulously rich, know how to handle and tame their kids unlike in India.

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