SIMMONS: 'MY KIDS WON'T BE LIVING OFF MY MILLIONS'

Last updated: Wednesday, September 26, 2007

SIMMONS: 'MY KIDS WON'T BE LIVING OFF MY MILLIONS'

KISS star GENE SIMMONS is determined not to let his teenage children live off his money when they reach adulthood.

GENE SIMMONS with his son NICK

The multi-millionaire rocker wants his son Nick, 18, and daughter Sophie, 15, to fend for themselves in the world.

Speaking on U.S. TV show Conversations With Michael Eisner, due to air on Wednesday (26Sep07), he says, "What I wanna do is what every bird does in its nest - it forces the kids to go out there and figure it out for themselves.

"By the way, in terms of an inheritance and stuff, they're gonna be taken care of, but 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 way.

"The point is, there's gonna be a yearly allowance so that their rent and their food and all that stuff's gonna be taken care of, but if you want riches, you should do that yourself - you should never thank your parents, 'I was born into money.' 'Well, that's nice, but what have you done lately?'

"Because I don't 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.'"

Source: WENN

| Wednesday, September 26, 2007

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SIMMONS: 'MY KIDS WON'T BE LIVING OFF MY MILLIONS'

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