Media entrepreneur, Jason Njoku said his three children may not inherit his wealth.
Giving reasons for his statement, the Iroko TV boss revealed that inheritance usually comes with a huge burden to those it is bequeathed to.
The dad-of-three, who disclosed this on his Twitter page, further revealed that he and his actress wife, Mary Remmy Njoku have agreed to give their kids sound education so that “they can fend for themselves”.
According to Jason, his job and that of his wife, to their kids is done after giving them an education as he has no intention of leaving much wealth for them.
He also mentioned that it is important to enjoy one’s wealth while young instead of saving it up for old age.
Read his tweet below…
“@MrsMaryNjoku & I save to guarantee our kids a great education. After that our job is done & they can fend for themselves. We don’t save for ourselves we spend to enjoy today.
Young money is better than old money. It’s way more fun. Trying to leave as little behind as possible.
From all I have read Inherited wealth is mostly a burden. We actually don’t buy much stuff. We spend on family experiences. Experiences we hope to gist about when we’re old and less mobile. In the end life is to be lived. It’s a burden regardless. Structured makes it less so. But burdens still remains.”
Jason and Mary who got married on August 18, 2012, in Lagos state renewed their vows 10 years some months back with an exotic wedding ceremony.