Victoria And Marlena Laboz
Even though Victoria is only 17 years old and Marlena is only 21, they are already millionaires. This happened when their Manhattan landlord of a dad left them $37 million. However, his act of kindness came with certain limits. While they were able to access some of the money, they are due to have more in the future. Their father specified that they would only get at least $10 million when they reach 35 years old and gave them guidelines on how to obtain the rest of the money. Marlena, the older girl, will receive $500k if she gets married, although her groom has to sign a prenup. She will receive $750,000 upon graduation from a top university. He also agreed to triple their yearly salaries and pay them a large sum of money when they have kids within wedlock. Even though the rules are rather strict, this is not a bad method. It is certainly more efficient than simply handing your children a lot of money in one go.
Victoria And Marlena Laboz
Kevin O’Leary
If you have ever watched Shark Tank, you are probably aware that Kevin O’Leary is a harsh investor. The truth is that he is a lot like his TV persona. Well, you do not reach a net worth of around $400 million by simply sitting on the sidelines. However, his children Savannah and Trevor are not going to receive any of his wealth. While he is there to support their education, Kevin admitted that he is not going to leave them a single dime. “I am not planning on giving my kids any of my wealth. You want to prepare your children for launching their own lives. I tell wealthy parents that if they don’t kick their kids out of the house and put them under the stresses of the real world they will fail to launch – they will become unsuccessful adults. I really believe that” he explained his decision.
Kevin O’Leary
