Bill Gates and Melinda French Gates, pictured with eldest daughter Jennifer, formed their eponymous foundation in 1994, then in 2010 created The Giving Pledge with Warren Buffett. The Microsoft magnate doesn’t think it would be “good either for my kids or society” to leave too much to his three children – instead Gates reportedly said in 2017 they’ll receive $10 million (£7.25m) each out of the $136.6 billion (£99bn) fortune.

Now read about the billionaires with no kids to leave their fortune to

Rich and famous people who refuse to spoil their children