Too Stingy? Why Gordon Ramsay's 4 Children Won't Inherit His Immense Fortune
August 22, 2018 09:38 By Fabiosa
Many of us think that all celebrity children are born destined to inherit their parents' fortunes and spend their lives doing whatever they want, not having to bother about money. While in many cases it's true, Gordon Ramsay is repulsed by this idea. Famous chef often talks about how he chooses to raise his children, and he made one thing clear: his kids need to work for their privileges.
Gordon Ramsay is one of the most famous chefs in the world. He made his name by hosting such successful reality TV shows as Kitchen Nightmares, Hell's Kitchen, and Masterchef, which kept us glued to the screens and laugh uncontrollably at his blunt persona.
It's safe to say that Ramsay has no shortage of money. With his many syndicated shows and numerous Michelin stars restaurants around the world, Gordon's earnings for 2018 were estimated at $62 million. At this point, the celebrity chef is pretty much set for life, but he doesn't take it all for granted.
Gordon comes from a humble background and had to work very hard for everything he's got. He keeps himself grounded by working with many charities, including Scottish Spina Bifida Association, UNICEF, and VSO.
So, what is Ramsay's parenting style and why is he so strict with the subject of money when it comes to his kids?
Keeping them grounded
Gordon perfectly knows what it's like to work hard in order to become successful. He understands perfectly well what determination does to a person, and that's exactly what he wants to nurture in his children.
Ramsay and his wife Tana have four children: Megan, Holly, Jack, and Matilda. From the young age, they have been taught the importance of charity work and were all involved with Great Ormond Street Hospital.
The celebrity chef revealed in an interview with Telegraph that his kids don't have a lot of pocket money, which encourages them to think about what they want to do with their lives to continue living a comfortable lifestyle:
Meg’s at uni and has a budget of £100 a week; the others get about £50 a week and they have to pay for their own phones, their bus fare. The earlier you give them that responsibility to save for their own trainers and jeans, the better.
In addition, Gordon revealed his children aren't even flying in first class with their parents, as Ramsay considers it to excessive for them and doesn't think they've earned such privilege:
I have got to keep it real with the kids, and also I think just getting kids at the age of five, six and seven, used to first class and those big seats, they do not need the space, they get entertainment on their iPads.
Ramsay raises his kids to have a strong character and know the value of money. He's worked too hard to get where he is today and wants to see his children accomplish something great in their lives.
Although many might frown upon his parenting style, Gordon is against spoiling his kids and certain it's going to help them in the future. But what's even more surprising to many, Ramsay's fortune won't go to his children after his passing:
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 Tana is they get a 25 per cent deposit on a flat, but not the whole flat.
No matter how strict Gordon Ramsay is about finances, he still supports his children immensely. He doesn't expect them to start doing extraordinary things early in their lives and have never belittled them for doing bad on an exam.
Ramsay believes that children shouldn't be judged on how well they do at school, as he knows there are many other things people can do with their lives without basic knowledge of algebra or physics. As he told HELLO! magazine:
Kids being made to feel inadequate because they can’t study algebra, or they don’t understand how to spell Czechoslovakia by the time they’re 10 is dreadful. Cooking is a great way of experimenting and developing a character. And cooking with no fear is amazing. Baking is chemistry, so forget physics at school.
Say what you will about Gordon Ramsay's strict parenting, we're sure his children are learning all the best things from him. Plus, they never get bored with such an entertaining and energetic father.