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Saturday 9 November 2013

Jackie Chan's only son will not inherit any of his father's money


Being the only son of international movie
star Jackie Chan clearly comes with many
privileges and advantages. Jackie Chan’s
only child, a 30 year old son named Jaycee,
lived a life filled with opulent mansions,
luxurious vacations, expensive cars, the
best education and much more.
Jaycee was even been able to launch his
very own singing and acting career thanks
to his famous father.
But there is one important thing that Jaycee
will not receive from his father. Jackie Chan
recently announced that upon his death, he
will donate 100% of his $130 million
fortune to charity and that his son Jaycee
will be left out entirely…
While accepting an award in Beijing, Jackie
was asked if Jaycee will inherit his massive
fortune some day. Jackie stated that he was
originally intending to donate half of his
wealth to charity and leaving his family the
other half but recently changed his will to
leave 100% for charitable causes
throughout the world.
The elder Chan explained: “If he is capable,
he can make his own money. If he is not,
then he will just be wasting my money.”
Jackie also expressed regret for not sending
Jaycee to the army where his son would
have received “life experience and
character.”
If Jaycee wants to continue living an
extravagant lifestyle, his career is going to
need a boost. Since 2004 Jaycee has
appeared in around 20 films, most of which
have been major flops.
Jaycee’s 2012 movie “Double Trouble”
became one of the biggest box office
failures in history grossing just $9000 at
the box office, despite heavy marketing and
promotion. He also starred alongside his
father in 2010′s “1911″ which became
Jackie’s worst performing movie ever.
Jackie is not the only celebrity who plans
on giving their fortune to charity instead of
their children.
Warren Buffett, Bill Gates and Ebay founder
Pierre Omidyar are some of the more
notable billionaires who have pledged their
entire fortunes to charity.
Buffett is an especially staunch opponent of
what he calls “dynastic wealth” (wealth that
is so vast it creates generational dynasties).
Buffett refers to anyone who grew up
wealthy as a “member of the lucky sperm
club” and, like Jackie Chan, firmly believes
that if his children work hard enough they
can achieve great success the same way he
did.

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