The kids won’t be getting any of their fathers fortune!
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The star of Hell’s Kitchen, Gordon Ramsay has admitted that he does not intend to leave his $750 million wealth to his children.
Ramsay, 56, is one of the world’s most famous chefs and has been on a number of successful television shows, including Masterchef and Kitchen Nightmares.
According to The Sun, the Next Level Chef celebrity, who launched his restaurant empire in 1997, has a net worth of $750 million and an annual revenue of roughly $110 million.
Despite his enormous financial success, Ramsay has repeatedly stated that money is not his primary motivator.
The chef has even stated that his children would not inherit a wealth after his death.
Ramsay and his wife Tana share six children: Megan, 25, twins Holly and Jack, 23, Matilda, 21, Oscar, 4, and their late son Rocky.
In an interview with The Telegraph, Ramsay explained: “The only thing I’ve agreed with Tana is that they get a 25 per cent deposit on a flat, but not the whole flat.”
The Hotel Hell star went on to note that he has opted to instill a sense of financial responsibility in his children, which includes foregoing luxury when it comes to family travel.
“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,” Ramsay told the publication.
“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.”
He added that he doesn’t want his kids to be having ‘a 10-course f***ing menu with champagne’.
According to Hello, Ramsay underlined his commitment to developing a strong sense of worth in his children during a Reddit debate.
He responded to a user’s question about how he manages to raise his children while frequently travels for work.
The celebrity chef reportedly said: “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 went on to add: “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.”
People Have Been Warned Not To Cook Food In Air Fryers Instead Of Ovens
People are being warner about using their Air Fryers.
Do you prefer to cook your meals in an air fryer rather than an oven? An expert has recently issued a warning regarding this practise, and it may change your view.
An air fryer is a kitchen equipment that cooks food by circulating hot air at high speed and has become increasingly popular in recent years with people often thinking ‘they cheaper to run than ovens’
It is widely used as a healthy alternative to deep frying since it produces similar crispy results with less oil and there are now many recipes online to guide amateur chefs through sing the gadget.
However, an expert has now expressed his reservations regarding the popular gadget.
Martin Lewis of Money Saving Expert isn’t sure that air fryers are a significantly cheaper and healthier alternative than standard ovens.
In an episode of his The Martin Lewis Podcast, he notes that, unlike a microwave, an oven warms up to full temperature before topping up, which means it isn’t operating at maximum power all of the time.
During the podcast he said:
‘A microwave gives you consistent heat whereas an oven is warming up to full temperature and then topping it up so it isn’t running at full power the whole time.
If you were doing a full roast dinner and you were cooking many [jacket potatoes], it’s probably cheaper [putting them in the oven] than putting five or six jacket potatoes in a microwave because each additional object you put in a microwave, you need to keep it on longer because a microwave just heats the individual object. However, if someone is cooking just a single jacket potato, which only needs around 10 minutes, it will be ‘far cheaper’ to use a microwave‘
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Lewis notes that if someone wanted to get technical, they could apply a simple calculation to determine whether it’s preferable to use an oven or an air fryer for each meal.
Finding the wattage of an item, then determining how many kilowatts, or fractions of a kilowatt, it uses, then multiplying it by 34p per hour of usage, is the equation.
The Money Edit has reiterated Lewis’ recommendation, saying that air fryers are ‘usually’ ‘cheaper to use’ than ovens.
However, it warned that if someone buys a higher powerful air fryer, they may be using almost as much electricity as an oven.
So, if someone is preparing something tiny and basic, the microwave or air fryer is definitely a better option.
When it comes to cooking and saving money, each situation may necessitate a different method depending on the ingredients used and this would dictate whether it will be cheaper to use a microwave, air fryer or your oven.
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Jackie Chan 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.
Chan has been captivating audiences for more than four decades. He is most known for his appearances in the Rush Hour series, Kung Fu Panda, and The Karate Kid.
He accumulated a $400 million net worth during the course of his career, appearing in more than 150 movies.
He has made it obvious, though, that he won’t be handing any of it to his son, and he has a good reason for doing so.
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In his autobiography “Never Grow Up,” Chan remembered a day when he and his son Jaycee were travelling by plane.
The actor reserved a first-class seat for himself, but opted for an economy seat for his son.
‘you have no money now, so you sit here’. The Shanghai Knights player informed his youngster.
But ultimately, a stewardess moved Jaycee into a free first-class ticket, and he was able to sit next to his son.
Chan stated that his son had been able to gain a free upgrade to first class on every flight they had travelled since then and would say to his father:
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“I got another upgrade, I don’t need money.”
The Rush Hour actor wrote: “You have me as a dad, but other people don’t.
“They have to fight their own battles. When you get to sit in first class, because of your own hard work, then that’s success.”
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 entered the entertainment business like his father and gained recognition as an actor and singer.
Although he has been in several films and released a few songs, he has not yet achieved the same level of fame as his father.
1911, Jackie’s 100th movie, featured Jaycee and his father as the leads, but the collaboration led to Chan’s least successful and least well-received movie to date.
Chan is not the first famous person to publicly acknowledge that they will not be passing on their legacy to their offspring.
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Shaquille O’Neal, a former NBA All-Star, previously said that in order for his children to inherit any money from him, they must complete two college degrees.
He mentioned the following on the Earn Your Leisure podcast: “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.”
Daniel Craig, a former James Bond actor, has previously declared that he will get rid of all of his money before passing away because he finds receiving an inheritance to be “distasteful.”
