Photo Credit: Glyn Lowe

Daniel Craig, who played James Bond in 5 of the series’ films including one coming out this year spoke about his thoughts on inheritance to UK’s Candis Magazine. “I don’t want to leave great sums to the next generation. I think inheritance is quite distasteful,” he stated. “My philosophy is get rid of it or give it away before you go.” He added, “Isn’t there an old adage that if you die a rich person, you’ve failed?”

Well Craig is worth $160 million with 26 year old daughter Ella he shares with ex-wife Fiona Loudon he was married to in the 90s. He married Rachel Weisz in 2011 and had a daughter 7 years later. Weiz also has a 15 year old son, Henry that she had with director Darren Aronofsky.

He did elaborate, however to The Telegraph that they’d be getting a small something saying “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] Tana is they get a 25 percent deposit on a flat, but not the whole flat. They don’t sit with us in first class,” he added. “They haven’t worked anywhere near hard enough to afford that. At that age, at that size, you’re telling me they need to sit in first class? No, they do not. We’re really strict on that.”

But Bond isn’t the only celebrity who has chosen not to leave his children without an inheritance. Elton John and his husband David Furnish have chosen to leave their £53 billion fortune to charity. Ted Turner has tied up most of his money in charity already so it’s clearly established his kids aren’t getting anything. Perhaps that’s why he broke up with Marlo Hampton from The Real Housewives of Atlanta… allegedly.

The issue with doing this is that while celebrity children do come with an amount of privilege, generational wealth does allow children a cushion. Passing down suffering from generation to generation just because you experienced it or had a hard way quite honestly is learned trauma in and of itself that needs to be broken if you ask us. But we’ll give him credit for at least helping them in buying a home. That’s better than absolutely nothing.