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Why Marie Osmond Isn't Leaving Money to Her Children

Entertainer reveals her decision on 'The Talk'
By Evann Gastaldo,  Newser Staff
Posted Mar 2, 2020 7:11 PM CST

(Newser) – Days after Steve Jobs' widow, Laurene Powell Jobs, made headlines by revealing the family's wealth would end with her, another similar move by a celebrity. Marie Osmond said Friday on The Talk that she plans to leave all her money to charity, Fox News reports. "I'm not leaving any money to my children. Congratulations, kids," the mother of eight said. "My husband and I decided that ... you do a great disservice to your children to just hand them a fortune because you take away the one most important gift you can give your children, and that's the ability to work." Closer notes the co-hosts were talking about the subject after it was revealed that much of Kirk Douglas' $80 million fortune went to charity after he died. (More on Jobs' announcement and explanation here.)

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