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Daniel Craig Explains Why He Has No Intention Of Leaving Any Of His Sizable Fortune To His Kids

Mark Sagliocco/Getty Images for The Museum of Modern Art

Daniel Craig, who will be leaving the role of James Bond later this year, also made his plans for his £116 million ($159,128,800) fortune behind.

It could turn out to be a disappointment for his children.

Craig, 53, has two daughters, ages 29 and almost 4. He revealed none of his fortune would be kept in his family for generations.

He said:

"Isn't there an old adage that if you die a rich person, you've failed?"

Craig said he would rather spend it or donate it before his death.

"I don't want to leave great sums to the next generation. I think inheritance is quite distasteful. My philosophy is get rid of it or give it away before you go."

Craig also cited Andrew Carnegie—of Carnegie Hall, Carnegie Libraries and the early 20th century's steel Industry—giving away his fortune before he died.

"I think Andrew Carnegie [an American industrialist] gave away what in today's money would be about 11 billion dollars, which shows how rich he was because I'll bet he kept some of it, too."

Craig's final Bond film, No Time To Die, is scheduled for release on October 8, 2021.