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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