Marie Osmond Just Told Her Kids How Much They’re Getting When She Dies, And The Amount Is Staggering…

Due to her belief that inheritances breed entitlement and laziness, singer Marie Osmond sticks by her choice not to leave money to her children when she passes away.

“Honestly, why would you enable your child to not try to be something? I don’t know anybody who becomes anything if they’re just handed money,” Osmond told Us Weekly last week.

Saying it promotes self-esteem and a sense of purpose, the 63-year-old Grammy winner extolled the virtues of hard work. Osmond said:

"To me, the greatest gift you can give your child is a passion to search out who they are inside and to work. I mean, I’ve done so many things from designing dolls [and much more]. I love trying [and] I wanna try everything. I’m a finisher.”

People don't appreciate what they have if they didn't earn it themselves, according to the mother of eight and grandmother of eight.

“I just think all [an inheritance] does is breed laziness and entitlement. I worked hard and I’m gonna spend it all and have fun with my husband,” the entertainer told Us Weekly.

The Celebrity Net Worth reported that Osmond has a $20 million net worth. Three years ago, the "Donny and Marie" alum's inheritance intentions initially made headlines.

In March 2020 on “The Talk,” Osmond also said, “I’m not leaving any money to my children. Congratulations, kids!”

“My husband and I decided that you do a great disservice to your children to just hand them a fortune because you take away the one most important gift you can give your children, and that’s the ability to work.” She also added that she has direct experience with how arguments over money can destroy families.

She recounted, “I had an uncle and an aunt, her family fought over a mirror and a table when they passed away.”

Osmond who was raised Mormon said:

“You see it a lot in rich families where the kids don’t know what to do, so they get in trouble. So I just let them be proud of what they make and I’m going to give mine to my charity,” she believes children of wealth often grow up miserable because everything is handed to them.

“I don’t not help my children. I mean, [if] they need help [buying] a car or something, [I will pitch in,]” The former child actress emphasized that while she is there for her children when they need her, she also expects them to contribute.

“I love them to learn. You don’t love something if you don’t earn it. And so, even when they get their first car, you pay for half of it, get a job and learn that self-worth that [it] gives you.”

Billionaire businesspeople, actors, and other famous people are on the list of people who say they won’t leave their kids an inheritance, and Osmond is the latest wealthy person to say.

  • Facebook co-founder Mark Zuckerberg.
  • Microsoft founder Bill Gates.
  • Laurene Powell Jobs, widow of former Apple CEO Steve Jobs.
  • Musician Sting.
  • Musician Elton John.
  • “Star Wars” director George Lucas.
  • Media mogul Michael Bloomberg.
  • Home Depot co-founder Bernard Marcus.

Marcus said, according to a 1997 Forbes article, “If my kids want to be rich, they’ll have to work for it.”

Sources: WesternJournal, CBSNews,  Celebrity Net Worth, Us Weekly

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