James Bond star Daniel Craig says he will not leave children substantial inheritance as he finds practice ‘distasteful’

Daniel Craig has said he will not leave his children a substantial inheritance because he finds the practice “distasteful”.

The actor, 53, has earned millions from the James Bond franchise and has recently been confirmed to star in future Knives Out films, which were bought by Netflix in a multimillion-dollar deal earlier this year.

Craig has a three-year-old daughter and stepson with his current wife, Oscar winner Rachel Weisz – and an adult daughter, Ella, with his ex-wife, actress Fiona Loudon.

Craig has said he does not plan on leaving his children a fortune, instead preferring to give it away, noting the example of industrialist Andrew Carnegie.

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“Isn’t there an old adage that if you die a rich person, you’ve failed?” he told Candis Magazine.

“I think Andrew Carnegie gave away what in today’s money would be 11 billion dollars, which shows how rich he was because I’ll bet he kept some of it too.”

The Bond star added that he found the concept of an inheritance “distasteful” and he thinks it is better to “get rid of it or give it away before you go”.

Craig’s final appearance as 007 will come in No Time To Die, which will be released in the UK on 30 September following multiple delays due to COVID-19.

And despite playing one of the most iconic characters in film history, the intensely private Craig, who was born in Chester, said he had no interest in celebrity.

He said: “It’s nothing I should complain about really because I also have huge benefits out of being who I am.

“But the fact is that privacy is a hugely important part of my life, and this being a… celebrity… makes me nervous, actually.”