8 billionaires whose kids won’t inherit their fortunes, from Facebook’s Mark Zuckerberg and Netflix co-founder Reed Hastings, to late Apple CEO Steve Jobs’ wife, Laurene Powell Jobs

Being born to ultra-rich parents has many perks. Children of billionaires, and sometimes even future generations, often get a hefty inheritance from their wealthy parents. But many business moguls, like Bill Gates and Ted Turner, aren’t planning to keep their riches in the family. Instead, they plan to donate their fortunes to charity and want to teach their kids the value of hard work.4 Indian billionaires who lost it all – and ended up in jailTed Turner: US$2.3 billionTurner, media magnate…


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