If we can’t stop people raking up ridiculous sums of money, we can definitely prevent them passing on that wealth to their kids. Thankfully, more enlightened rich people (in this case actor Daniel Craig) are already putting their own measures in place.
In a Hollywood interview published this week in Candis magazine, Mr Craig made reference to Andrew Carnegie, the Scottish-born US industrialist and one of the wealthiest men in history.Source: ‘Inheritance is distasteful’: Daniel Craig’s children will not be getting his Bond millions | The Telegraph
“Isn’t there an old adage that if you die a rich person, you’ve failed?” he said. “I think Andrew Carnegie gave away what in today’s money would be about $11 billion, which shows how rich he was because I’ll bet he kept some of it too.“
But I don’t want to leave great sums to the next generation. I think inheritance is quite distasteful. My philosophy is: get rid of it or give it away before you go."