Simon Cowell reveals brutal reason he won’t be giving son Eric any of his $600,000,000 fortune
Simon Cowell once revealed the surprising reason he doesn't want to leave his fortune to his offspring.
The Britain's Got Talent judge and music mogul, 66, shares his 11-year-old son Eric with his fiancée, socialite and entrepreneur Lauren Silverman, 48.
He often features on his famous dad's Instagram accounts, and some fans even think he looks like a mini version of Simon.
However, if the father-of-one sticks to what he once said back in 2013, the youngster won't be inheriting a penny of his $600,000,000 (£460 million) fortune.
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According to Celebrity Net Worth, Simon's success has turned him into one of the highest-paid celebrities in the world, with the vast majority of his earnings coming from judging and producing America's Got Talent, Britain's Got Talent, and The X-Factor.
He began his career in 2002 with the launch of American Idol. A year before that, he was a judge on Pop Idol, and prior to this. he was a highly successful record executive.
His media entertainment and production company, Syco, also has first dibs on the winners of the various shows he's involved with.
But as we say, Simon previously said he doesn't really believe in passing wealth on generation to generation, which is of course, bad news to Eric.
As reported by The Express, just one year after his son was born, Simon told the Mirror: "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 added: "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."
As the comments have resurfaced, social media users have been rushing forward to share their thoughts on the topic.
One person wrote on Twitter: "I still think it’s wild for anyone to expect other people to give them their hard earned money. He made the 600M. He can do with it what he wants. It would be different if he inherited it from generations past and then cut off his kid."
A second added: "Just saying this and doing the complete opposite would be the greatest lesson."
And a third wrote: "Imagine giving 600 million dollars to DOG CHARITIES instead of your own CHILDREN."
A fourth chimed in with: "He surely left him connections and mindset, much better than money."
Meanwhile, someone else reasoned: "Give your kid money but expect high standards - education, good behaviour, good moral standing."
It's also important to note that Simon made these comments just a year after Eric entered the world, so who knows, he might have changed his mind by now.
Topics: Britains Got Talent, Celebrity, Entertainment, Money, Parenting, Social Media, Twitter, Charity
Madison Burgess