Daniel Craig says he'd rather give away his £100m fortune than give it to his kids

Ben Arnold
·2-min read

Daniel Craig won't be handing on his massive fortune to his children, he's said, and would rather give it all away.

Speaking to Saga magazine, the Bond star said that he finds the idea of inheritance 'distasteful'.

“My philosophy is to get rid of it or give it away before you go,” he said.

“I don’t want to leave great sums to the next generation.”

Craig has one child with his actress wife Rachel Weisz, born in 2018, and another, Ella, from his previous marriage.

Read more: Daniel Craig wanted to play Superman, not Bond

Craig is far from the first celebrity to extol the virtues of letting their children find their own financial way in the world rather than relying on their wealthy parents.

Elton John and David Furnish said in 2016 that they would be giving the bulk of their £200 million fortune to charity rather than their sons.

“Of course I want to leave my boys in a very sound financial state, but it’s terrible to give kids a silver spoon. It ruins their life,” he said.

Elton John performs "(I'm Gonna) Love Me Again" nominated for the award for best original song from "Rocketman" at the Oscars on Sunday, Feb. 9, 2020, at the Dolby Theatre in Los Angeles. (AP Photo/Chris Pizzello)
Elton John (Credit: AP Photo/Chris Pizzello)

“Listen, the boys live the most incredible lives, they’re not normal kids, and I’m not pretending they are. But you have to have some semblance of normality, some respect for money, some respect for work.”

Similarly, Simon Cowell, worth in the region of £225 million, told the Mirror back in 2013: “I’m going to leave my money to somebody. A charity, probably — kids and dogs. I don’t believe in passing on from one generation to another.

“Your legacy has to be that hopefully you gave enough people an opportunity, so that they could do well, and you gave them your time, taught them what you know.”

Craig is next up in his final Bond movie, No Time To Die, originally scheduled for release in April, but now delayed until November.