Being the only son of international movie star Jackie Chan clearly
comes with many privileges and advantages. Jackie Chan’s only
child, a 30 year old son named Jaycee, lived a life filled with
opulent mansions, luxurious vacations, expensive cars, the best
education and much more. Jaycee was even been able to launch
his very own singing and acting career thanks to his famous
father. But there is one important thing that Jaycee will not
receive from his father. Jackie Chan recently announced that upon
his death, he will donate 100% of his $130 million fortune to
charity and that his son Jaycee will be left out entirely…
Jackie and Jaycee Chan
While accepting an award in Beijing, Jackie was asked if Jaycee
will inherit his massive fortune some day. Jackie stated that he
was originally intending to donate half of his wealth to charity
and leaving his family the other half but recently changed his will
to leave 100% for charitable causes throughout the world. The
elder Chan explained: “If he is capable, he can make his own
money. If he is not, then he will just be wasting my money.”
Jackie also expressed regret for not sending Jaycee to the army
where his son would have received “life experience and character.”
If Jaycee wants to continue living an extravagant lifestyle, his
career is going to need a boost. Since 2004 Jaycee has appeared
in around 20 films, most of which have been major flops.
Jaycee’s 2012 movie “Double Trouble” became one of the biggest
box office failures in history grossing just $9000 at the box office,
despite heavy marketing and promotion. He also starred
alongside his father in 2010′s “1911″ which became Jackie’s
worst performing movie ever.
Jackie is not the only celebrity who plans on giving their fortune
to charity instead of their children. Warren Buffett, Bill Gates and
Ebay founder Pierre Omidyar are some of the more notable
billionaires who have pledged their entire fortunes to charity.
Buffett is an especially staunch opponent of what he calls
“dynastic wealth” (wealth that is so vast it creates generational
dynasties). Buffett refers to anyone who grew up wealthy as a
“member of the lucky sperm club” and, like Jackie Chan, firmly
believes that if his children work hard enough they can achieve
great success the same way he did.
How would you feel if you were Jaycee Chan? I can’t say I would
be very happy, but having spent some time around trust fund
kids, I understand where Jackie is coming from.
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