A Change of Guard

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Tuesday, 13 November 2012

Jackie Chan’s Son Will Get None of His $130M Fortune


Movie star to donate his entire estate to charity instead

International Chinese movie star Jackie Chan has been a success for decades, leading to a fortune estimated at $130 million.
And his son, Jaycee, will see none of it.
Jackie Chan, who will next be seen in Chinese Zodiac, recently announced that he will donate all of his wealth to charity and none to his only child. Chan made the announcement when questioned in Beijing.
Jackie Chan originally intended to split his estate down the middle — half to his family and half to charity. Now Jaycee, who grew up with his father’s wealth, is on the outside looking in, with the older Chan saying his son should be capable of earning his own money.
The younger Chan has attempted to launch singing and acting careers. He has appeared in more than 20 movies, most of them flops. His 2012 effort, Double Trouble, is regarded as one of the biggest movie busts in history, earning less than $10,000.
Chan joins a list of high-earners that have committed to giving huge sums of wealth to charity. Recently, Netflix‘s (NASDAQ:NFLX) Reed Hastings and Intel (NASDAQ:INTC) co-founder Gordon Moore agreed to give at least half their wealth to various causes during their lifetimes.

3 comments:

Anonymous said...

Jackie Chan is a very generous man.

Anonymous said...

It's very generous of Jackie Chan to donate money to charity, but charity begins at home, so he has to look after his family and son first. Even Bill Gates has said he will donate 5% to his children and 95% of his fortune to charity.

If you donate money to charity and your son live a bad life then your charity will not mean anything.

Anonymous said...

Jackie Chan is very generous man and that for sure, but we just don’t really know what’s happening between father and son.