Billionaire couple, John and Laura Arnold stand by this idea of not giving their fortune to their children because they believe it won’t make them any happier nor instill ambition. They don’t want their children to feel entitled or as if the problems of life have already been solved for them. In an interview posted on givesmart.org, they spoke freely about this topic. "If you're concerned about trying to make society a better place, then marginal utility of wealth would dictate that you should do things that try to spread around some of the benefits of that money rather than giving it all to one person and so we've always had that as a philosophy with our kids," said John. Laura also explained that teaching children to respect money was also important. "The idea that it's a tool to achieve great things but it's also a resource that is hard to obtain and that should be respected," she said.
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