How Do Millionaires’ Children Live (and Why They Don’t Follow in Their Parents’ Footsteps)

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In all, the planet has about 36 millionaires, making up 1 per cent of the Earth’s total population. They own more than half the wealth of the world. This is this 1 per cent that we think about when we hear of a 20-year-old designer or an actor ‘s worldwide success and think: “Their family must have motivated them.” Ok, that’s exactly how it is in most instances.

Ben Ford

The son of Harrison Ford never dreamed of acting glory — his goal was the Red Michelin Guide. Therefore, Ben opened his own restaurant in Los Angeles, has become an adult, and wrote a book on the recipe. He got some support from Harrison as he takes part in the charitable acts of his friend. He prepares food for homeless people, for example.

Ben was excited about cooking because of Harrison. His family went on holiday to Hawaii one day, where the boy saw a whole pig roasted on a spit. He had considered it quite strange. And Ben opened his first restaurant in 1999, where he sold a whole fried animal to its customers. This was the only location of this nature in California at the time.

Isabella Cruise

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Parents: Nicole Kidman and Tom Cruise

Isabella — Adopted daughter of Tom Cruise and Nicole Kidman left America and stayed in London after divorcing her parents. After finishing her studies at the Vidal Sassoon Academy, Isabella became a hairdresser but she never tried to use her famous parents’ names in her work.

So Isabella wanted to show herself and introduced a series of printed T-shirts (one sells for $85) that she draws herself to. The brand has plans to create its own line of clothes.

Chaz Bono

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Parents: Cher and Sonny Bono

Chaz Bono was born to a girl named Chastity, by her mother. In 2008, Chastity decided to go through the gender-change process. Chaz tried himself out in music, released a song, then found it wasn’t his cup of tea and became an advocate. Around the age of 13, he came to know that he isn’t like anyone else. Chaz also wrote a book entitled Family Outing, in which he spoke about his experiences.

Now he’s actively involved in many social events, defending the LGBT community’s rights and publishing books on this subject. Therefore, Chaz works in the acting career himself. He appeared in the seventh season of the American Horror Story series in 2017 for example.

Jaden Smith

Parents: Will Smith and Jada Pinkett Smith

Jaden, the eldest son of the Smiths’ family, continued the acting career of his father: along with Will, he appeared in The Pursuit of Happiness and The Earth Day Stood Still. Jaden won $5 million for his role in the film The Karate Kid, without his father.

Young Smith gets a substantial income at the age of 20 from selling items through his own company, as well as for his results. Much like members of his family, Jaden spends a lot of his money on charity. Fighting AIDS in Zambia for example.

Jaden can simply be considered an ambitious guy who has known how to make money already. He released a solo album called SYRE in late 2017 and starred with Cara Delevingne in the film Life in a Year in 2018.

Dan Bilzerian

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80 degrees in November, feelin good

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Parents: Paul Bilzerian and Terry Steffen

Dan, the son of $40 million convicted broker and businessman Paul Bilzerian, is investing his money on poker and gambling. He spent $100,000, for example, on Power Ball lottery tickets (one ticket is $2) but he won nothing.

Dan founded the poker room “Victory Poker,” and was involved in the 2015 shooting of The Salvation and the 2016 War Dogs.

Petra Ecclestone

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Parents: Bernard Charles Ecclestone and Slavica Ecclestone

The businessman’s daughter, FOM and FOA president, and Bernie Ecclestone, an ex-Formula 1 racer, Petra is not used to having any kind of limitations. With the money from her parents, she bought an $85 million mansion in Los Angeles.

Petra manufactures python and crocodile skin clutches under her own Bleak brand, but there’s no denying the girl isn’t dependent on money from her parents. She dreams of starting her own company and even studied at London ‘s famous fashion college, Central Saint Martins.

Kendall Jenner

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Parents: Caitlyn (William Bruce) Jenner and Kris Jenner

Without the Kardashians, the compilation would not be complete. Kendall is the sibling younger to Kim. She took part in the reality show Keeping Up with the Kardashians while still a teen, and now she has many photoshoots and shows of fashion and TV on her record. Kendall tries not to rely on the money of her family and earns her own income.

By the way, Kendall is selling her clothes on eBay and contributing the money to one of the hospitals for children in Los Angeles.

How would you do if you inherited a fortune that was worth several million dollars?

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