Rosario Monachino
Jackie Chan has revealed that he won’t leave any of his $400 million fortune to his son.
The legendary action film star and martial artist, 68, is one of the most iconic actors to have graced the screen.
Known for his roles in the Rush Hour franchise, Kung Fu Panda and The Karate Kid, Chan has been wowing audiences for more than four decades.
Having starred in more than 150 films throughout his career, he amassed a net worth of $400 million.
However, he has been clear that he won’t be giving any of it to his son – but has a good reason why.
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In his autobiography ‘Never Grow Up’, Chan recalled the time he was on a flight with his son Jaycee.
The actor booked himself into first class but chose an economy seat for his son.
The Shanghai Knights star told his son ‘you have no money now, so you sit here’.
However, his son was eventually able to sit next to him in first class after a stewardess upgraded Jaycee into a vacant first-class seat.
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Chan added that on every flight they had taken since then, his son was able to get a free upgrade to first class and would say to his father: “I got another upgrade, I don’t need money.”
He then revealed that he will donate his money to charity instead of handing it to his son.
Chan added: “If he is capable, he can make his own money. If he is not, then he will just be wasting mine.”
Jaycee followed his father into the entertainment industry and became a singer and actor.
He has released a couple of albums and starred in a number of films but is yet to emulate his father’s success.
Jaycee and his dad starred together in Jackie’s 100th film, 1911, but the team-up resulted in Chan’s least profitable and worst-reviewed film to date.
Chan is not the first celebrity to publicly admit that they will not be giving their children their inheritance.
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Former NBA superstar Shaquille O’Neal had previously stated that his children need to earn two college degrees if they want to inherit some of his money.
Speaking on the Earn Your Leisure podcast, he said: “My kids are older now. They’re kinda upset with me – not really upset – but they don’t understand.
“Because I tell them all the time. We ain’t rich. I’m rich.”
This is a clip from our legendary episode with @shaq. What are your thoughts on his statement?
You can watch the full episode on our YouTube channel or listen to it on all podcast streaming services. pic.twitter.com/qhpSin3FuQ
— Earn Your Leisure (@EarnYourLeisure) October 23, 2021
Meanwhile, former James Bond star Daniel Craig has previously said that he will get rid of all his money before he dies as he finds an inheritance ‘distasteful’.
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