Editorial

Kirk Douglas Doesn’t Leave His Son Michael Any Money, Most Of His Estate Will Go To Charity

(Photo by Kevin Winter/Getty Images)

David Hookstead Smoke Room Editor-in-Chief
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Kirk Douglas didn’t leave his son Michael any money following his death.

According to Page Six, Douglas’ estate is valued somewhere in the ballpark of $80 million, and the “bulk” of it will go to The Douglas Foundation following his death at the age of 103. (RELATED: Hollywood Legend Kirk Douglas Dies At The Age Of 103)

About $10 million will go elsewhere, but it’s not clear right now who will get it. However, Page Six also reported that Michael won’t get a penny.

That should be just fine though because he’s made more than enough money during his own incredibly successful Hollywood career.

I’m sure there are some people who want to criticize Kirk Douglas for not leaving his son any of his $80 million fortune, but Michael Douglas most certainly doesn’t need his dad’s money.

Page Six estimates the legendary actor’s son is worth somewhere in the range of $300 million. I think he’ll still be able to eat without his dad’s cash.

 

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Thank you so much for your kind and thoughtful words. Our family is so grateful for your support and we send our love to everyone!

A post shared by Michael Douglas (@michaelkirkdouglas) on

It’s a pretty cool move to leave so much money to charity. Again, the Douglas’ have plenty of family money elsewhere.

They’ll all be just fine without Kirk’s money.

 

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It is with tremendous sadness that my brothers and I announce that Kirk Douglas left us today at the age of 103. To the world he was a legend, an actor from the golden age of movies who lived well into his golden years, a humanitarian whose commitment to justice and the causes he believed in set a standard for all of us to aspire to. But to me and my brothers Joel and Peter he was simply Dad, to Catherine, a wonderful father-in-law, to his grandchildren and great grandchild their loving grandfather, and to his wife Anne, a wonderful husband. Kirk’s life was well lived, and he leaves a legacy in film that will endure for generations to come, and a history as a renowned philanthropist who worked to aid the public and bring peace to the planet. Let me end with the words I told him on his last birthday and which will always remain true. Dad- I love you so much and I am so proud to be your son. #KirkDouglas

A post shared by Michael Douglas (@michaelkirkdouglas) on

Props to him for making the world a better place after dying. He was one of the best actors to ever do it, and now he’ll continue to positively impact lives.