Simon Cowell said he would give his $600 million fortune to charity instead of to his only son.

Simon Cowell, the iconic talent show judge boasting a remarkable fortune of $600 million, has stirred the pot with a bold announcement: he won’t be passing his wealth down to his son, Eric. Instead, Cowell intends to channel the majority of his fortune into charitable causes that benefit children and animals. He believes in creating a legacy built on knowledge and mentorship, prioritizing the values of hard work and education as the true keys to his son’s success. Cowell’s philanthropic vision reflects a commitment to making a meaningful impact beyond mere inheritance.

This philosophy resonates with other notable figures, such as Anderson Cooper and Bill Gates. Cooper has chosen not to leave a financial legacy for his child, opting instead to fund their education while fostering independence. Similarly, Bill Gates directs his wealth to the Bill and Melinda Gates Foundation, tackling pressing global issues.

A host of wealthy individuals—including Mark Zuckerberg, Warren Buffett, Gordon Ramsay, Ashton Kutcher, Mila Kunis, and Sir Elton John—share this commitment to philanthropy. They prioritize giving back to society over leaving substantial inheritances, aiming to combat inequality and support initiatives that uplift the less fortunate. These influential parents place a strong emphasis on instilling the values of hard work and humility in their children, preparing them for a meaningful and self-sufficient future.