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Bill Gates says his children won’t get a penny of his £70bn fortune

The world’s richest man Bill Gates has admitted he will not be leaving his £70billion fortune to his three children. Appearing on ITV’s This Morning the Microsoft creator, who has an estimated net worth of $81.7 billion, says his kids understand his decision.

Speaking to Holly Willoughby and Ben Shephard, the 60-year-old said: “Well, our kids receive a great education and some money but they will go out and have their own careers. They are never going to be poorly off.

It’s not a favour to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path. This money is dedicated to helping the poorest. They know that, they are proud of that, they go on trips with us to see the work that’s being done.”

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