Talk about stinging his kids.Sting's three sons and three daughters may be living in the lap of luxury now, but they don't stand to inherit much.
"I told them there won't be much money left because we are spending it! We have a lot of commitments. What comes in we spend, and there isn't much left," the 62-year-old rocker told the Sunday Mail. "I certainly don't want to leave them trust funds that are albatrosses round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate."
As far as what those commitments are, Sting and his wife of 21 years, Trudie, not only give money to a number of charities, but the iconic musician also has a payroll of more than 100 people. "I keep a community of people going. My crew, my band, my staff...it's a corporation! Who runs it? 'Trudie! Well, a large aspect of it is Trudie, but I have a very good team of managers and lawyers. They all need paying, too."
He went on to say that he appreciates the work ethic he's instilled in his kids by not handing everything to them.
"Obviously, if they were in trouble I would help them, but I've never really had to do that," Sting continued. "They have the work ethic that makes them want to succeed on their own merit. People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot."
Sting is estimated to be worth about $306 million, according to the Sunday Times Rich List.
