“Inherited wealth is mostly a burden” – Iroko TV boss, Jason Njoku, says he and his wife have no plans of leaving much wealth for their children.

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Popular Nigerian businessman, Jason Njoku and his wife Mary have no plans of leaving their wealth to their children.

The couple, who are the parents of three, made this clear in a Twitter post, arguing that inherited wealth is often a burden.

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Jason believes that his main responsibility to his kids should be providing them with a quality education and lasting experiences.

He also subscribes to the idea of enjoying one’s riches while you’re young rather than saving it for later in life.
“@MrsMaryNjoku & 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”.

Originally posted 2022-12-25 16:07:48.

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