Gene Simmons's Kids Aren't Getting A Penny Of His Insane Net Worth, Here's Why
Quick Links
Being born into a rich family does not give kids the right to be entitled to their father or mother's fortune. Well, that is in line with the co-founder of the rock band, Kiss, Gene Simmons.
The Kiss Band has been round for just about Five many years since 1973 when it used to be first founded, and from its foundation until now, Gene Simmons has been able to accumulate such a lot wealth for himself thru such a lot of offers and projects that have been tied to his reputation to the band and beyond.
The legendary rock big name Gene Simmons was born Chaim Witz on August twenty fifth, 1949, and he is of Jewish descent.
Gene Simmons got married to his wife Shannon Tweed on October 1st, 2011 after 28 years of being together with 2 children, particularly Sophie Simmons and Nick Simmons.
So why doesn't Gene imagine in passing down his wealth to his children as a result of let's be fair, his net value is gigantic.
Gene Simmons Thinks That Money Buys Happiness
Most folks say money does no longer buy happiness, however Gene Simmons has a different opinion regarding that concept.
According to CNBC Make It, Gene released a e book on November 2017 titled, 'On Power: My Journey Through The Corridors Of Power And How You Can Get More Money' and he was once speaking in regards to the importance of cash to him and the way he loves money.
In this guide, he goes ahead to mention that power and cash increase the probabilities of making you and those round you more healthy and happier.
While speaking to CNBC Make It, he also stated, "Money absolutely buys happiness, without money you are f*****." He added, "If you cure your mother, or give to charity, or feed your child, or protect your family -- it is only money that can do that."
With a net worth of $400 million, according to Celebrity Net Worth, we do perceive why he stands by way of his word that cash is everything to him.
According to People, Gene began to paint during the pandemic, and through that, he got to promote his paintings for $245,000 upwards on the Vegas Gallery. He then mentioned he wasn't doing it for the cash.
"No, I have money." Gene said and persevered, "It is interesting. Money, for me, has become what champions in the Olympics do. They want to keep improving because they want the judges to hold up a higher number. That's what it becomes when you don't have enough food in your belly. You don't think of it that way because you just want to feed yourself."
Gene went on so as to add, "It's a different thing. Once you have enough, a roof over your head, and food in your belly and stuff, It's how much better can I do this? How much more can I do this? More like a contest. It's different."
Why Won't Gene Simmons Leave His Children His Inheritance?
Gene Simmons already informed his two children Sophie and Nick early in lifestyles that he's going to not go away them any inheritance.
Gene additionally informed the clicking that his kids will never be wealthy with his money. He sought after to ensure that his children live off their onerous work and good fortune, in order that they will have to never be expecting anything else financially from him.
According to Us Weekly, right through an episode that aired in 2007 on Gene Simmons Family Jewels, Gene said, "They will never be rich off my money. Because every year they should be forced to get up out of bed and go out and work and make their own money... I don't want them to say, 'Thanks, dad, for making me rich.' No, you wanna be able to stand on your own two feet and say, 'I did that'"
And with that size put in place, Gene's children have achieved so much for themselves. Gene's daughter Sophie launched a clothes line in 2014 that promotes body positivity. She may be a Canadian actress and model who has appeared in displays corresponding to Gene Simmons Family Jewels ever since she was once 14, and a Hallmark Movie known as Country Crush amongst others.
Nick on the other hand has also been featured on their family television show, Gene Simmons Family Jewels, and he has additionally performed voice-over for Cartoon Network's display Robot Chicken.
Nick Simmons is also into writing as he has written for The Huffington Post and likewise Comic Books.
Nick together with his sister Sophie managed to purchase a house price $2.Three million located within the Hollywood Hills, so it sort of feels like they're doing fairly well for themselves.
This Is Where Gene Simmons Would Rather Spend His Wealth
Gene may be outspoken and a collector of wealth, however he has a softer aspect connected to him. According to Billboard, Gene loves giving out to charity.
When he was once asked what he looks for in charities to paintings with, he stated that a very powerful factor is most of the cash he provides helps to make a difference. He also mentioned that kids are his soft spot and his donations typically goal organizations that do not have high target way.
ncG1vNJzZmivp6x7tbTErZ%2Bippeoe6S7zGienqaVYsCqucyopaxlk522rbDRnqVmoZ6dsrO105qlnJ1do7K1edaoqa2gXw%3D%3D