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Meseret
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Kwami
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Allison
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23 Jun 2014 13:06 #197643
by Allison
Kwami is sort of right.
Ok so he's worth 300 million. He should set up a small trust fund for his children. He could do it the same way super rich families do. The adult child would get 250 thousand at age 21, then some more at age 25, 30, 40, and the 50, and at 60.
Even Warren Buffet who said his children would not receive his fortune set up multiple mini-trust funds. Those funds were just enough to purchase a house, etc. and other necessities.
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Meseret
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23 Jun 2014 13:11 #197647
by Meseret
Seems that the children have already done well for themselves. Am sure that he gives whatever he has to give NOW.
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May102014
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23 Jun 2014 14:20 #197670
by May102014
I love the article I just read. He was articulate in explaining how he raised his kids and their understanding of hard work and finances. I like his approach. And guess what? I haven't read any bad press on Sting's kids that I know of. It's good for children of celebrities to know the music industry or entertainment as a whole is still a BUSINESS. It's not all fun and games. Moreover, I was more taken in by his brief discussion of being in his 60s and the inevitable realization of death. Like Sting, I want to be aware of the process and not die prematurely. Just a peaceful exit into another existence.
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Political Opinions, Commentaries on Current Issues
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The Water Cooler!
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