Restauranteur and Emmy award-winning television host Guy Fieri is getting candid about his business fortune and what his children must accomplish to inherit it. According to Variety, Fieri reportedly signed a $100 million multiyear deal with the Food Network last month.
Guy Fieri Shares Requirements For His Children To Inherit His Millions
On December 12, Fox News published a video clip of an exclusive sitdown with Fieri. During the conversation, the 55-year-old explained that he’s instilling a pivotal lesson he learned from his dad in his children.
“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 I’ve been building are you going to get unless you come and take it from me,'” Fieri explained to the outlet.
Additionally, the 55-year-old explained that he’s also taking a precedent from former NBA player Shaquille O’Neal.
“Shaq said it best. Shaq said, ‘If you want this cheese, you got to get to two degrees.’ Well, my two degrees mean, you know, postgraduate. So, they’re on their way.”
Postgraduate education refers to the study period to achieve an advanced degree after first securing an undergraduate degree, per Indeed.
According to Fox 59, Fieri’s eldest son, Hunter, and his nephew are on their way to securing two degrees. Hunter is reportedly enrolled in the MBA program at the University of Miami, while Fieri’s nephew is a law student at Loyola Marymount University in Los Angeles, California.
Fieri explained that his youngest son, Ryder, is about to embark on the “unfair” quest to secure his first of two degrees.
“He’s like, ‘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?'” Fieri explained, recalling Ryder’s sentiments.
Watch Fieri’s full explanation below.
Social Media Reacts
Social media users entered The Shade Room’s comment section to share their reactions to Fieri’s sentiments.
“He basically said he not leaving his money to lazy people and I agree 😂”
“I agree. How are you going to run my empire but don’t know how to RUN my empire.”
“I agree with him. How many times have we seen people inherit grandma’s house and money with no plan, no instruction of education on how to keep it, no means to maintain and keep it? Too many. He’s making sure there is something for the generation after his kids”
“he probably don’t want his kids thinking just because he has money everything should be just handed to them, so i feel that”
“I get it. Imagine working yo whole life for yo wealth and yo kid mismanaged it or blow it. I’ll give it to my neighbor first 😂”
“College degree doesn’t guarantee one to be financially responsible 🤷🏾♀️”