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Spencer Matthews admits he WON'T be passing on his fortune to his children as he expresses his fears on having 'trust fund kids'

Spencer Matthews has admitted he doesn't want his children to become 'trust fund kids' as he spoke candidly about them inheriting his fortune. 



Spencer Matthews, son of a multimillionaire hotelier, will not pass his fortune onto his three children, fearing they will become "trust fund kids." He wants them to earn their own money, inspired by Jimmy Carr's views on the disadvantages of inherited wealth. He turned his life around after battling alcohol, now aiming to complete seven Ironman triathlons across seven continents.

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