Guy Fieri, who plans to die broke, said his children will only inherit his wealth if they graduate from university with degrees.
The 55-year-old, who hosts the popular show ‘Diners, Dives & Drives’ which airs on Food Network and other channels, opened up about his plan during an interview with Fox News.
The celebrity chef explained that he wanted to teach his children the same work ethic his father had instilled in him from a young age.
“I’ve told them the same thing my dad told me. My dad says, ‘When I die, you can expect that I’m going to die broke, and you’re going to be paying for the funeral. And I told my boys, ‘None of this that we’ve been…that I’ve been building are you going to get unless you come and take it from me’,” Fieri said.
The celebrity chef further disclosed that his youngest son Ryder, who is a student in high school, complained that he was being unfair over his conditions for inheritance.
“Dad, this is so unfair. I haven’t even gone to college yet, and you’re already pushing that I’ve got to get an MBA? Can I just get through college?” The chef recalled his son’s words.
But Fieri wasn’t deterred in his mission to get his boys to pursue higher education, citing the wise words of NBA star Shaquille O’Neill as the inspiration to getting his children to take school seriously.
“Shaq said at best. Shaq said, ‘If you want this cheese, you got to get to two degrees.’ Well, my two degrees mean, you know, postgraduate,” the multi-millionaire celebrity chef explained.
Although Ryder wasn’t too fond of the idea, Fieri’s nephew Jules has decided to listen to his uncle’s advice and is reportedly pursuing a law degree at Loyola Marymount University in Los Angeles, California.
“Jules is in the music industry down in LA. He’s in the law program at Loyola Marymount right now. If you’re going to be a big-time entertainment agent, you need to have that law background. So he’s doing that,” Fieri said.
Fieri’s eldest son Guy is also reportedly taking his education seriously, with him being enrolled in an MBA program at the University of Miami for a master’s degree in business.