This Is Why Mila Kunis and Ashton Kutcher Are Not Leaving Their Millions to Their Children
Actors Mila Kunis and Ashton Kutcher have revealed that they will not be leaving their millions to their children in a move that shocked and surprised fans of the couple.
While the debate about Hollywood "nepo babies" rages on, Ashton and Mila are looking to avoid that fate for their children.
Ashton And Mila's History
Ashton Kutcher and Mila Kunis met on the set of "That '70s Show" in the late 1990s, where they played each other's love interests.
They started dating in 2012 and got married in 2015.
A Happy Family
The adorable couple went on to have not one but two adorable offspring — a daughter named Wyatt, born in 2014, and a son named Dimitri, who was born in 2016.
Their approach to parenthood has been unconventional and not without controversy.
Ashton's Impressive Earnings
Ashton Kutcher's net worth is an estimated $200 million, and is one of the most successful actors and entrepreneurs in Hollywood.
His success has been achieved through his acting roles as well as his investments in technology startups.
Mila's Not Slacking Either
Mila Kunis has an estimated net worth of $75 million, earned through her successful acting career as well as various brand endorsement deals.
She is one of the most well-known actresses in Hollywood and has been featured in several high-profile films.
Together They're Very Rich
That means the couple has a combined net worth of around $275 million, which would definitely be nothing to sneeze at in an inheritance or a trust fund for their children.
However, they've made a few controversial parenting decisions, and one of them involves their money.
Controversial Parenting Decisions
Mila and Ashton's parenting choices first made headlines when they revealed they don't bathe their kids every day!
"When I had children, I also didn't wash them every day," Mila said. "I wasn't that parent that bathed my newborns — ever."
Only If They're Dirty
"Now, here's the thing: If you can see the dirt on them, clean them. Otherwise, there's no point," Mila continued.
This caused quite a controversy over whether Ashton and Mila were being neglectful by not bathing their kids enough.
Mila Defended Herself
While speaking to Ellen DeGeneres, Mila called the scandal "so dumb."
"Somehow, the conversation derailed into bathing habits," she explained. "We all started talking about how we don't bathe our children very often and/or ourselves. I shower every day. But I don’t wash my hair every day. I don’t find that to be a necessity."
They Get Clean In Other Ways
"The kids – there's a body of water they touch just about every day. Almost every other day. Sometimes it’s the pool; sometimes it’s the sprinkler," Mila insisted.
She also claimed the kids weren't leaving the house much.
"Who Cares?"
"It just depends. It's Covid. We didn’t leave the house. Who cares?" Mila wondered.
If they thought they were out of the woods when it came to people questioning their parenting choices, though, they were wrong.
Financial Planning
Celebrities like Ashton and Mila have to think strategically about how to manage their finances, especially when it comes to potentially leaving these multi-million dollar fortunes to their children.
That's why some choose not to.
Ashton Made It Clear
When it comes to their children, Ashton revealed, "I'm not setting up a trust for them."
"We'll end up giving our money away to charity and to various things," he stated.
He Cited Their Privilege
"My kids are living a really privileged life, and they don't even know it," Ashton went on to say.
"And they'll never know it because this is the only one that they'll know."
Ashton's One Caveat
Ashton explained there was one exception to not giving his kids his money.
"If my kids want to start a business, and they have a good business plan, I'll invest in it. But they’re not getting trusts," he said.
Mila Doesn't Want To Raise Entitled Kids
Mila has also spoken out about wanting to raise her kids to be good people.
"Yeah, we're not gonna raise [jerks],” she said. "There’s enough [jerks] in this world! We don’t need to contribute.”
A Controversial Choice
The decision to not leave any of their millions to their children was definitely a controversial one, and fans had a lot to say about it.
They took to social media, and they didn't hold back!
Bad Luck
One fan suggested that their kids were extremely unlucky.
"Imagine being lucky enough to be born into wealth, and your parents tell you 'WE'RE rich, not you,' lmao," they tweeted.
Some Felt It Was Shameful
"I get the instinct to be repelled by ostentatious displays of wealth, but there is really absolutely nothing admirable about refusing to let your children reap the fruits of your labor, sorry," another fan tweeted.
"If not for your children, then for who?"
It's Not About The Money
Other fans felt it wasn't about the money famous parents can give their kids but the opportunities.
"It's fine, just because they’re the children of a famous couple, they will have opportunities a little easier than the others," they tweeted.
Others Were More Understanding
There were some fans who felt like Ashton and Mila were making an understandable decision to raise their children.
"I understand teaching kids the value of earning money so they don't become spoiled, rotten adults," one fan tweeted.
Still Misguided
"To have them grow up with privileges and then to become an adult with no leg up is crazy," they continued.
"Same as parents who leave their fortune to their pets instead of their family members."
Not The Only Ones
Mila and Ashton are not the only celebrities who have decided that their kids aren't going to reap the benefits of their riches.
The list of celebrities not giving their kids an inheritance is pretty extensive!
Jackie Chan
Actor and stuntman Jackie Chan has revealed he's not leaving his son Jaycee any part of his fortune.
"If he is capable, he can make his own money. If he is not, then he will just be wasting my money," Jackie said.
Gordon Ramsay
Celebrity chef Gordon Ramsay has stated his children aren't getting his money.
"It's definitely not going to them, and that’s not in a mean way; it’s to not spoil them. The only thing I’ve agreed with [my wife] is they get a 25% deposit on a flat, but not the whole flat," he said.
Simon Cowell
Mogul and producer Simon Cowell also feels like his child hasn't earned his wealth.
"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," he said.
His Legacy
"Your legacy has to be that hopefully you gave enough people an opportunity," he went on.
"So that they could do well, and you gave them your time, taught them what you know."
Elton John
Singer Elton John thinks that leaving his kids his money would ruin their life!
"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.
His Kids Can Earn It Themselves
"Anything beyond the basic, they have to go out and earn it themselves," he said.
"If they want a Picasso, they have to go out and earn it. I think there's real sensibility in that."
Sting
Musician Sting is also of the opinion that a trust fund is more of a curse. "I certainly don't want to leave them trust funds that are albatrosses round their necks. They have to work," he said.
"All my kids know that, and they rarely ask me for anything, which I really respect and appreciate."
He Plans On Spending His Own Money
"There won't be much money left because we are spending it!" Sting went on.
"We have a lot of commitments. What comes in, we spend, and there isn’t much left."
