Sting says children won't inherit his $306M wealth
Dan Hallman/Dan Hallman/Invision/AP
Maybe he should be called Sting-y.
Pop icon Sting says his children won't be getting trust funds from his vast fortune, assuming there's anything remaining.
The 16-time Grammy Award winner and former front man of The Police told The Mail on Sunday that the vast wealth would be 'albatrosses' around the necks of his six children.
'There won't be much money left because we are spending it!' the songwriter who grew up in a shipbuilding community in northeast England says he told the kids.
Antonio Calanni/AP
'People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot,' he said.
Sting's wealth was estimated at $306 million by the Sunday Times Rich List.
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