Apple CEO plans to give away most of his wealth before dying

Apple CEO plans to give away most of his wealth before dying

It would seem hard to believe that millionaires would give away all their money before passing away, but it’s a habit famous wealthy personalities are starting to adopt. The idea is that it’s not good to spoil your offspring with fortunes that will make them take life for granted. These people want their kids and family to work and earn their own money.

People like Sting and Bill Gates follow this philosophy, and now we know Tim Cook is adding himself to this list. He says he will be donating most of his before passing. This says a lot about a man who is worth well over $700 million dollars. He would only leave his family enough cash for his nephew to afford college comfortably.

Opinion: I believe this makes total sense. These are guys who worked their way up the ladder with a lot of effort, and that is likely why they were able to accomplish so much. To be honest, I will probably do the same if I ever become rich (which is pretty unlikely – lol).