BUSINESS

7 Rich People Who Feared Giving Money To Their Children

Warren Buffett, chairman and CEO, Berkshire Hathaway, Inc., speaks during the Economic Club of Washington's 25th anniversary
Warren Buffett, chairman and CEO, Berkshire Hathaway, Inc., speaks during the Economic Club of Washington's 25th anniversary celebration dinner in Washington, Tuesday, June 5, 2012. (AP Photo/Cliff Owen)

Everyone's always jealous of the kid with the rich parents, but being born rich isn't always a ticket to wealth. After all, not all rich people want to leave piles of money to their children.

And why not? They fear large sums of money will spoil their offspring and ruin their work ethic. They may have a point.

After all, Kim Kardashian and In-N-Out Burger owner Lynsi Torres, both of whom had rich parents growing up, don't sport college degrees. But they sure are successful. Really, really successful.

So who is the exception and what is the rule?

Check out the big names who feared giving money to their kids:

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Rich People Who Feared Giving Their Kids Money
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