When the news broke that the late, great Kirk Douglas planned to leave his $61 million fortune to charity instead of his family, it sparked a conversation on The Talk. Co-hosts Marie Osmond and Sharon Osbourne chimed in with their own plans for what they intend to do with their hard-earned cash once they're no longer around to enjoy it. Let's dive into what these powerhouse women had to say.
Marie Osmond's Bold Decision: No Money for the Kids
Marie Osmond, the 60-year-old entertainment icon and proud mother of eight children, made headlines during a February 28 episode of The Talk when she revealed that her kids won't be inheriting her fortune. "People always ask me, 'Who are you going to leave your money to?' And you know, the kids will say, 'Are you going to leave the money to me?' Well, here's the scoop," Marie shared with her fellow co-hosts. "I'm not leaving any money to my children. Congratulations, kids!"
Marie, who lost her son Michael in 2010, explained her reasoning behind this decision, echoing the legendary Kirk Douglas's choice to give his fortune to charity. "I truly believe that handing over a fortune to your children does them a huge disservice," she said passionately. "It takes away one of the most important gifts you can give them: the ability to work and earn their own way. Look around, and you'll see plenty of examples in wealthy families where the kids don't know what to do with themselves because they've been handed everything on a silver platter. They get into trouble, lose direction, and it's a mess. I want my kids to be proud of what they accomplish on their own, and I'll be giving my money to charity instead."
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Sharon Osbourne's Plan: Keeping It in the Family
On the other hand, Sharon Osbourne, the rock-and-roll matriarch and co-host of The Talk, has a different take on what will happen to her family's wealth after husband Ozzy Osbourne, 71, passes away. "Listen, every family is different, and I know that my husband's incredible body of work, the music he's created, and the lifestyle we've enjoyed together, all belongs to my children," Sharon explained, referring to her kids Aimee Osbourne, 36, Kelly Osbourne, 35, and Jack Osbourne, 34. "Not only that, but his name and likeness also go to them. I can't imagine letting someone who never even met my husband own his name and likeness, selling merchandise everywhere. No way. That stays firmly within the Osbourne family."
