Why Daniel Craig refuses to leave inheritance to his children

'I think inheritance is quite distasteful,' the James Bond actor said

epa08272492 (FILE) - British actor/cast member Daniel Craig arrives for the premiere of  'Spectre' in Berlin, Germany, 28 October 2015 (reissued 05 March 2020). According to media reports, the release of the new James Bond film 'No Time To Die' has been delayed from April to November 2020, due to the spread of coronavirus.  EPA/JOERG CARSTENSEN  GERMANY OUT *** Local Caption *** 54145163
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Daniel Craig won’t be leaving any of his fortune to his children when he dies. The James Bond actor, who is reported to have a net worth of more than $180 million (Dh661 million), said he finds the idea of inheritance distasteful.

"My philosophy is to get rid of it or give it away before you go," Craig, 52, said in an interview with UK magazine Saga. "I don't want to leave great sums to the next generation."

Craig is the father to two children. He welcomed a baby daughter in 2018 with actress wife Rachel Weisz. Craig also has daughter Ella, 28, from his previous marriage, and is a stepfather to Weisz’s 13-year-old son, Henry, from her previous relationship with filmmaker Darren Aronofsky.

FILE PHOTO: Actors Daniel Craig and Rami Malek react during a promotional appearance on TV in Times Square for the new James Bond movie "No Time to Die" in the Manhattan borough of New York City, New York, U.S., December 4, 2019. REUTERS/Carlo Allegri/File Photo
Daniel Craig is one of the highest paid actors in Hollywood. Reuters

Craig is one of the highest paid actors in Hollywood and has spent the last decade as the reigning James Bond. He has played the 007 agent for five films. His tenure as the British superspy will conclude with No Time To Die, which also stars Lashana Lynch and Rami Malek.

The upcoming Bond film was due to hit theatres next month but its release was postponed to November as several high-profile events across the world were cancelled or postponed over coronavirus fears. Cinemas have been shut and public gatherings restricted in several countries to help control the spread of the pandemic.  Earlier this month, producers said the decision to delay the film was made after "careful consideration and thorough evaluation of the global theatrical marketplace".

The postponement comes after a string of unrelenting challenges and obstacles for the development of 25th Bond film, including scheduling conflicts and uncertainty whether Craig would reprise his role as the world’s most famous Secret Service man.