Iroko TV boss, Jason Njoku said his children may not inherit his wealth because inheritance usually comes with a huge burden to those it is bequeathed to.
The media entrepreneur, who disclosed this on his Twitter page, said he and his actress wife Mary Njoku have agreed to give their kids sound education so that “they can fend for themselves”.
He wrote, “Mrs. Mary Njoku & I save to guarantee our kids a great education. After that our job is done & they can fend for themselves. We don’t save for ourselves we spend to enjoy today.
“Young money is better than old money. It’s way more fun. Trying to leave as little behind as possible.
“From all I have read, inherited wealth is mostly a burden. We actually don’t buy much stuff. We spend on family experiences. Experiences we hope to gist about when we’re old and less mobile. In the end, life is to be lived.”
KanyiDaily recalls that Mary Remmy Njoku had claimed that an ambitious woman married to a successful man needs to put in more work before she gets some recognition.
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