Gordon Ramsay has revealed that he won't be spoiling his kids by leaving them his $750 million fortune after he passes away.
Ramsay, 56, who established his restaurant empire in 1997 and boasts an impressive 17 Michelin stars, has built an estimated net worth of $750 million, with an annual income of approximately $110 million, per the Sun.
Despite his impressive financial success, Ramsay has consistently maintained that he isn't motivated by money. In a 2017 interview with The Telegraph, he made his stance clear.
Despite being worth an eye-watering amount of money, the father of five - whose children are Megan, Holly, Jack, Tilly, and Oscar - has expressed that his kids won't be getting it.
"The only thing I've agreed with Tana [his wife] is that they get a 25 percent deposit on a flat, but not the whole flat," he said.
Ramsay also revealed he chooses to raise his children with a sense of financial responsibility. He removes luxury when it comes to family travel, explaining: "I have got to keep it real with the kids, and also I think just getting kids at the age of five, six, and seven, used to first class and those big seats, they do not need the space, they get entertainment on their iPads."
He continued: "So I like to think about what you can do with the money when you land, rather than paying out thousands of dollars for eight, nine, 10-year-olds to sit in first class. I do not want them sat there with a 10-course f***ing menu with champagne. It is my wife and I's choice to discipline them and to keep them real."
In a Reddit discussion in the same year, cited by Hello, Ramsay reinforced his commitment to instilling a strong work ethic in his children.
Responding to a user's query about how he managed to raise responsible kids while frequently away from home, Ramsay stated: "I've never been at home seven nights a week cooking for the kids. What I've instilled in the kids, from day one, is a work ethic. So, the time we spend together is limited, but quality."
He added: "I need to protect them and respect the restaurant and team in my restaurant. I made them as normal as possible... they've all got jobs, they've all taken care of animals, they've all got housework. There's a rota. They get pocket money, but they have to earn that pocket money."
Ramsay also opened up about the heartbreak of losing his son Rocky in 2016, and on the seventh anniversary of Rocky's passing, Tana posted a touching family photograph taken during her pregnancy as a poignant reminder of the joy they felt at the time. "Little did we know, a few days later I would be holding our little boy Rocky," she reflected.
"There's no book that guides you through that loss, and so losing Rocky was really tough," Ramsay revealed in a recent interview with PEOPLE magazine.
The family has collectively honored Rocky by naming their Cornwall home after him, and each member wears jewelry bearing his name as a constant reminder of the love they continue to hold for him.
"We wouldn't have had Oscar had we not lost Rocky," Ramsay emphasized, shedding light on the profound impact of their loss. "There was no substitute — far from it — but it brought us a bond that you'd never experience in a normal situation."
