Guy Fieri has revealed that he won't be leaving his fortune to his children unless they all agree to a pretty specific condition.
When it comes to making a fortune in the hospitality industry, very few people can match the remarkable achievements of Fieri.
However, despite making millions himself, his kids are going to be in for a shock if they were planning to live off their inheritance - unless they abide by one important rule.
In an exclusive interview with Fox News on Wednesday, Fieri disclosed the criteria his sons must meet to inherit his substantial multi-million dollar fortune, inspired by Shaquille O'Neal.
Drawing inspiration from the basketball legend, Fieri emphasized the importance of education.
"Shaq said it best," the host of Diners, Drive-ins and Dives stated. "'If you want this cheese, you got to get two degrees.' Well, my two degrees mean, you know, postgraduate."
Fieri, 55, has sons Hunter, 27, and Ryder, 17, alongside helping raise his late sister Morgan’s 22-year-old son, Jules, since her passing in 2011. However, Fieri made it clear that his sons should expect nothing unless they actively pursue their own success.
"I told my boys, 'None of this that we’ve been... that I’ve been building are you going to get unless you come and take it from me,'" Fieri explained, issuing a stern warning that they should anticipate him "to die broke" unless they adhere to his conditions.
He further echoed the advice he received from his own father, stating: "My dad says, 'When I die, you can expect that I’m going to die broke, and you’re going to be paying for the funeral.'"
While Fieri's children are making progress toward their educational goals, the youngest, Ryder, is a bit frustrated by how long it's going to take him to fulfill the goal set by his father.
"'Dad, this is so unfair. I haven’t even gone to college yet, and you’re already pushing that I’ve got to get an MBA? Can I just get through college?'", Fieri recounted, quoting his high school senior son.
In contrast, Fieri's oldest son, Hunter, is on the brink of completing his master’s in business at the University of Miami, while Jules, the celebrity chef's nephew, is pursuing a law degree in Los Angeles.
"Jules is in the music industry down in LA. He’s in the law program at Loyola Marymount right now," Fieri shared. "If you’re going to be a big-time entertainment agent, you need to have that law background. So he’s doing that."
Fieri's career continues to soar, recently signing a staggering $100 million three-year contract with the Food Network in November. This comes just a few years after a notable $80 million deal in 2021, according to Variety. Fieri remains grateful for his unexpected success, which has amassed him a reported net worth of $70 million.
"I’m so appreciative. I really feel fortunate," he shared with People. "I started at the Food Network almost 17, 18 years ago. And never thought anything like this was ever coming my way."