A businessman, John Roberts, worth £500 million has decided to donate all of his money to charity rather than leave it to his children.
* Multi-millionaire Roberts
According to Roberts, 40, he has decided not to give his five kids – aged from two years old to 17 – inheritance because he wants them to earn everything themselves.
"My dad’s philosophy was: “I’ll give you the best start in life I can afford and what you do with it is up to you”, and mine’s the same," he told a newspaper.
"[My wife and I have] been really conscious not to change anything. The kids are getting nothing."
Mr Roberts earned his fortune when he floated AO.com, a domestic appliance sales company he co-founded - on the UK stock market.
His company was worth a staggering £1.2 billion when he sold it in February.
READ MORE: http://news.naij.com/62648.html
READ MORE: http://news.naij.com/62648.html
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