TIME celebrities

Sting: My Kids Aren’t Getting Any of My Money

American Theatre Wing's 68th Annual Tony Awards - Arrivals
Sting attends the 68th Annual Tony Awards at Radio City Music Hall in New York City on June 8, 2014 Walter McBride—Getty Images

"Don't stand, don't stand so close ... to my bank account"

Rock legend Sting says his kids shouldn’t expect “fields of gold” when he dies.

In the past, his net worth has been estimated to be around $300 million, but the former front man of the Police says he expects his six children to work and earn their own money, rather than depend on his earnings.

“I told them there won’t be much money left because we are spending it,” the 62-year-old told the Daily Mail, adding that he has more than 100 people on his payroll. “We have a lot of commitments. What comes in, we spend, and there isn’t much left.”

He’s determined to make sure his three sons and three daughters don’t grow up to be trust-fund kids.

“All my kids know that, and they rarely ask me for anything, which I really respect and appreciate,” he said. “Obviously if they were in trouble, I would help them, but I’ve never really had to do that. They have the work ethic that makes them want to succeed on their own merit.”

Clearly, Sting believes that you should allow those closest to you to make their own way through the world:

[Daily Mail]

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