Mick Jagger, the legendary rock icon at 80 years old with eight children from five different women, has revealed in an interview with The Wall Street Journal that he doesn’t intend to pass on his substantial fortune to his kids. Despite the significant value of The Rolling Stones’ iconic music catalog, in which he holds a stake, Jagger has no plans to sell it, believing his children don’t require such immense wealth to lead fulfilling lives.

In a straightforward statement, Jagger expressed, “The children don’t need $500 million to live well. Come on.” Instead, he envisions using his wealth for a more impactful cause — contributing to charitable endeavors. Jagger conveyed to WSJ magazine his interest in donating his money to charitable causes, emphasizing the potential to make a positive difference in the world.

This decision aligns with Jagger’s history of philanthropy, where he has actively supported various causes, including a cricket non-profit, Elton John’s AIDS Foundation, and children’s music education. The rock icon aims to extend his legacy through ongoing charitable work even beyond his lifetime.

Interestingly, Mick Jagger is not alone in adopting this stance. Daniel Craig, renowned for his portrayal of James Bond, shares a similar perspective.

Craig believes in the importance of individuals earning their wealth through hard work rather than relying on inheritance. This trend suggests a growing sentiment among high-profile individuals to use their wealth to benefit broader societal causes rather than passing it down to their descendants.