Growing up as one of Gordon Ramsay's kids has its advantages, like delicious food and famous friends. But Ramsay won't hand over his money to them unless they've worked for it and he has a solid reason for this.
Gordon Ramsay Admitted He Won't Leave His $745 Million Fortune To His Kids
Gordon Ramsay, one of the UK's most accomplished chefs, has accumulated millions in wealth, which is entirely expected given his remarkable success.
However, what has taken some fans aback is Gordon Ramsay's decision not to leave his wealth to his children. Instead, he has other plans for it.
The renowned chef is famous for his tough persona, having built a reputation as a no-nonsense culinary expert with a fiery temperament, as evident in his television appearances on shows like Hell's Kitchen and Ramsay's Kitchen Nightmares.
Furthermore, Ramsay has received numerous culinary awards for his diverse restaurant ventures. Throughout his career, he has achieved an impressive total of seventeen Michelin stars.
When it comes to his personal life, the chef prioritizes his family.
Ramsay and his wife, Tana Hutcheson, have five children together. Their family includes 21-year-old Tilly, 23-year-old twins Jack and Holly, and their 25-year-old daughter Megan.
The youngest member of their family is 4-year-old Oscar. However, Ramsay has previously shared that he avoids spoiling his kids to the extent that he does not intend to pass on any of his wealth to them.
According to LADBible, the celebrity chef earns a staggering $110 million annually and boasts a substantial net worth of $745 million. However, as he disclosed to the Telegraph in 2017, Ramsay's desire is for his children to have the opportunity to earn their own income rather than inheriting all of his wealth.
“It’s definitely not going to them, and that’s not in a mean way, it’s to not spoil them,” he said.
“The only thing I’ve agreed with Tana is that they get a 25 percent deposit on a flat, but not the whole flat.”
He further clarified that he and his spouse have been deliberate about not spoiling their children and even refrained from allowing them to travel in first class.
“I have got to keep it real with the kids, and also I think just getting kids at the age of 5, 6 and 7, used to first class and those big seats, they do not need the space, they get entertainment on their iPads,” he added.
“So, I like to think about what you can do with the money when you land, rather than paying out thousands of dollars for 8, 9 ten-year-olds to sit in first class.”
“I do not want them sat there with a ten course f***ing menu with champagne. I am not embarrassed. It is my wife and I’s choice to discipline them and to keep them real.”
A few years later, Ramsay reaffirmed these principles during a Reddit Q&A session. He shared that he has placed a strong emphasis on instilling a strong work ethic in his children, with the intention of helping them comprehend the significance of earning their own path in life.
“I’ve never been at home seven nights a week cooking for the kids. What I’ve instilled in the kids, from day one, is a work ethic. So, the time we spend together is limited, but quality,” he wrote.
“I need to protect them and respect the restaurant and team in my restaurant. I made them as normal as possible… they’ve all got jobs, they’ve all taken care of animals, they’ve all got housework. There’s a rota. They get pocket money, but they have to earn that pocket money.”
