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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKirk Douglas gives most of $61M fortune to charity, leaving nothing for son Michael
Kirk Douglas, who passed away earlier this month at age 103, chose charity over his son Michael when deciding how to divide up his $61 million fortune.
Douglas wanted $50 million to be given away to various charities through the Douglas Foundation, according to the Mirror. Among those getting a bequest is a scholarship program at his alma mater St. Lawrence University, Sinai Temple in Los Angeles, Culver City's Kirk Douglas Theatre and Children's Hospital Los Angeles.
Michael Douglas, a famous actor in his own right who has been estimated to be worth $300 million, is not one of the beneficiaries, the Mirror reports.
"To the world he was a legend, an actor from the golden age of movies who lived well into his golden years, a humanitarian whose commitment to justice and the causes he believed in set a standard for all of us to aspire to," the younger Douglas wrote after his father's death on Feb. 5.
https://finance.yahoo.com/news/kirk-douglas-gives-most-61m-210922320.html
Sounds like Michael doesn't need it and from the article he doesn't seem upset.
Croney
(4,661 posts)Any more might just be a bother.
Butterflylady
(3,544 posts)UTUSN
(70,700 posts)WhiskeyGrinder
(22,355 posts)Aussie105
(5,401 posts)I'd be proud of my dad for doing what he did.
Michael, how about honoring your dad by giving a similar amount to your chosen charities?
Come on, you know you want to!
edhopper
(33,580 posts)Even if he supports Bloomberg
https://www.looktothestars.org/celebrity/michael-douglas
liberal N proud
(60,335 posts)Mike Nelson
(9,956 posts)... a fortune - and does not need the money.