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Sting Is Stingy! Singer Says His Six Children Won't Inherit Much of His Reported $300 Million Fortune


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Sting Is Stingy! Singer Says His Six Children Won't Inherit Much of His Reported $300 Million Fortune

If you're one of Sting's six children, this news is likely going to sting.

The music legend, who is worth an estimated $300 million, says he won't be leaving his three sons and three daughters a big inheritance. "I told them there won't be much money left because we are spending it! We have a lot of commitments. What comes in we spend, and there isn't much left," says the 62-year-old rocker, who supports a number of charities with Trudie Styler, his wife of 21 years. "I certainly don't want to leave them trust funds that are albatrosses round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate."

Sting tells The Daily Mail that his kids have always worked to pay their own way. The singer would be willing to intervene if any of them were in trouble, but thankfully, he said that situation has yet to arise.

"They have this work ethic that makes them want to succeed on their own merit," says the "Every Little Thing She Does Is Magic" singer, who currently employs 100+ people. "People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot."

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Stingy must get 5000 robocalls a day from charities and 10,000 letters pleading for donations after the news broke.

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A certain fuzzy in my life had an uncle who reached retirement age and stated: "Being of sound mind and body, I am going to spend everything I earned." He then sold all his properties, kept out what he needed to buy a small home in Florida and put the remainder into an annuity. He is remembered as a lovable character who was generous with ice cream cones and silver dollars during his annual visits to his old stomping grounds. The other uncles were more practical and more tightfisted and all who knew them waited impatiently for them to die and their wills probated.  

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