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Lloyd Webber, A Scrooge

Filed under: Anglophilia > Old People

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You'd think most parents would do anything for their kids. Try to give them the best and provide for them.

And if they're millionaires, you'd think maybe they'd want their kids to be financially secure.

Not Andrew Lloyd Webber!!!

The British Composer is worth an estimated £750million, that's a bit over $1 billion.

But, his five kids will see very little of that money once he dies.

What an ass!

In an interview with the Mirror, Webber defends his decision and tries to convince you his kids don't mind either.

Webber says about his children that “They aren’t bothered. They don’t think that way. It is about having a work ethic – I don’t believe in inherited money at all."

His company, which started back in 1977, is responsible for musicals like Cats, Evita, and Phantom of the Opera.

It also owns some West End theaters in the UK.

Webber adds, “I am not in favour of children suddenly finding a lot of money coming their way because then they have no incentive to work. So I will give them a start in life but they ain’t going to end up owning the Really Useful Group. I don’t think it should be about having a whole load of rich children and grandchildren."

That group is what Webber wants to help young and starting composers and singers fulfill their dreams.

He continues, “Basically, it is extremely likely that my wife Madeleine will outlive me so I will leave the problem with her. But both of us feel that we would prefer the company to continue to do things. It is so unusual that it’s a family company and I think the question is who runs it. I think it is unlikely that I want to see it caught up with family."

As for now, Webber's main focus will be on creating a sequel to Phantom of the Opera.

The original has already made him over $2.4 billion worldwide.

The sequel, with the working title Phantom – Once Upon Another Time, will show all the characters relocating to NY 10 years later.

Webber says, “The Phantom was somehow spirited away to Coney Island. And amongst the freaks he starts the greatest amusement park the world has ever seen. I’d like the show to be ready for next October.”

Those poor kids - literally!

[Image via WENN.]



71 comments to “Lloyd Webber, A Scrooge”

  1. 1

    lol
    i know his personal assistant
    and he says he's a dick.

  2. 2

    He should use that money he's hoarding to do something about his face.

    His baggy eyes are worse than mine!

    Mabye it's better for his kids not to get the money….how about he gives it to us Americans. Jesus do we need help or what!!!!

  3. 3

    i'm high on cough medicine.

  4. 4

    he needs to take some money
    and fix his saggy eyes.

  5. 5

    What a dick!

  6. 6

    i think that andrew is doing the right thing. we don't want a bunch of little paris hiltons in the world. he's donating for a damn good cause. more power too ya. alot of people are turned away from music and drama because only a very few are sucessful.

  7. 7

    How was Sarah Brightman ever married to this loser?

    Andrew Lloyd Webber sounds like a dick!

  8. 8

    Good for him!

  9. 9

    They aren't bothered - bull fucking shit! I bet they are beyond pissed.

  10. 10

    what an asshole

  11. 11

    WELL THEN!

  12. 12

    He earned it, it's his choice. I agree. Look at what happened to Paris Hilton. Making sure his legacy lasts and his kids get a good work ethic, or spew the money onto his kids (who have lived a nice life ANYWAYS), letting them blow it and die from OD.

  13. 13

    Re: mama of 2 – COOL ME TOO AND I AM NOT EVEN SICK!

  14. 14

    I just had to tell my office manager that I may have to look for another job depending on whether my ex will increase my child support…

  15. 15

    damn sucks for his kids

  16. 16

    I totally disagree with you, Perez. He's doing a good thing; avoiding giving too much money to his kids, so they don't become lazy, pretentious, spoilt, and arrogant; leave the money in what he believes in, helping young artists, producing real talents.
    Good guy.

  17. 17

    i got one of his bar-ba-ques,works great

  18. 18

    I think the old dude is right. That's a major problem with our society… all these lil ass wipes getting money they didn't work for. Free money is unfair. It should be given to charity and the kids should work as hard as their father did for their billions. Sink or swim….

  19. 19

    WHOOAH! WHERE'S THE JD!

  20. 20

    GOOD FOR HIM.

  21. 21

    Re: Furby Fuckina Fuckwad – WHAT DID HE SAY? AND THAT SUCKS!

  22. 22

    I see nothing wrong with this. I doubt he would ever let his kids be paupers, but if they grew up knowing they would never have to worry about money they would probably be worthless assholes like Paris and Kim Karadashian. Warren Buffet has the same mentality about his kids.

  23. 23

    He obviously doesn't love his children. Not leaving anything is just plain mean.

  24. 24

    I think that by not giving his kids that load of money, he IS doing what's best for them. Look at the Hilton sisters. Only now are they really smartening up.

  25. 25

    God, I hope my parents don't do that!!!!!! lol.

  26. 26

    fresh-a-licious.

  27. 27

    What is so unfair? Seeing as he worked hard for his money, he should be entitled to do whatever he wants with it. It's not like he said he was going to blow the money on crack and not give any to his children, but instead fund his arts program. Just because he has children doesn't mean that they should expect anything. If they are grown adults, then I don't see the problem. They didn't earn the money by being born.

  28. 28

    I hope his kids at least get a small cut….I agree they shouldn't just be handed millions of dollars, but it would suck to get NOTHING!!

  29. 29

    WHY?

  30. 30

    Sorry, perez, but I think that Lord Lloyd-Webber is exactly correct and is doing the right thing.
    .
    The kids aren't being abandoned - their basic needs will be proviced for, and they'll have the basic material tings that they need - but they have ABSOLUELY NO "right" to their parents' fortune.
    .
    Because of tax and inheritance laws, Lord Lloyd-Webber will probably set p a foundation to fund charitable projects in the areas of interest to him - and that is EXACTLY as it should be.

  31. 31

    I 100% agree with Webber.

  32. 32

    WHO KEEPS FARTING IN MY OFFICE, FUCK!

  33. 33

    Correction: $750 million is $250 million LESS than one billion. (One billion = 1000 million.)

  34. 34

    I agree. Let the kids earn it. We don't need any more Paris Hiltons walking the streets of Hollywood!

  35. 35

    What grosses me out is that someone actually slept with Andrew Lloyd Webber. What a hot mess. :(

  36. abbyq says – reply to this
    36

    Seriously I'm pissed that anyone would criticize what he does with his money, because who earned it? Not you, Perez! And neither did his kids. If they want to work their butts off, and earn $1 billion then they can do whatever they want with it, but I agree with others on here, why should he follow after the Hiltons, Richies or any of those other families who just give their kids everything without working for it? To say he's giving them a "start" is a lot more than most of us will get, and the fact that Webber is their father will get them a lot of opportunities without deserving it, so they'll be fine.

  37. 37

    Bill Gates will be doing the same with his kids.

  38. 38

    And all of this time, I thought we worked to make life better for our kids. I am quitting my job now! What an asshole!

  39. KayJ says – reply to this
    39

    panties in a bunch

  40. 40

    how is it at all scroogelike to not give money to your kids? i mean it's obviously going somewhere, and most likely to people who actually need it.

  41. 41

    Hmmm, he's probably given them a great head start on life already, so he wants to see them make it on their own. But he could give them each a million or so…I wonder how much his ex-wife, Sarah Brightman, got from him in their divorce. No doubt, he had a pre-nup.

  42. 42

    Re: Candi Apples – How was Sarah Brightman married to this loser? It's called: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ;)

  43. 43

    Warren Buffet once said leave your kids enough to do anything, but not enough to do nothing.

  44. lick says – reply to this
    44

    if you want to destroy a person/culture/country quickly - just hand them a bunch o' money without requiring them to work for it.

    look at the kids these days - much easier to hand them a few twenties than teach them the value of a hard day's work or the self-respect that comes with earning your way in life.

    in canada, they've given money to the natives as an apology for killing their ancestors, taking their land and sending them to residential schools. an apology should have been given, but now we see a generation saturated with hiv, alcohol and drug abuse in our native communities that is just horrific and sad.

    you don't have to look very hard to see where the america's welfare system has taken our country either.

    good for him, for recognizing the value of a fortune "earned".

  45. 45

    I don't think he's an ass for wanting his children to be independent.
    He said he doesn't mind giving them a start at life, he just want his kids to expect anything from people and that is true. We as humans should NEVER expect shit from people, you will ALWAYS end up disappointed. If you expect shit from people, then that show dependency and I don't want people to dictate what I do or should have in my life. FUCK THAT SHIT!!!

  46. D-Bag says – reply to this
    46

    Is he Jewish?

  47. 47

    quite right Andy, more richies like you = less paris hilton and peaches geldof-a-likes. Give the kids the tools to make their own way.

  48. 48

    Bill Gates isn't leaving a large sum to his children for the same reason. Melinda and Bill would rather give money to poor people around the world and instill their kids with a sense of pride.

  49. niki3 says – reply to this
    49

    I think this is actually very respectable. Why do his kids deserve the money that he worked hard to create. As long as he is helping people with his money, making sure his kids understand financial responsibility I think he is doing much better than other parents who just give their kids whatever they want in the name of "love". Then you have kids who grow up and spend all their inheritance and do not know the meaning of work.

  50. Anonymous says – reply to this
    50

    An inheritance should be a gift/privilege…NOT an entitlement. Right now, I have my son as the beneficiary, in my will…but, once he becomes an adult, I would hope that I have taught him how to make his own way in the world.
    I applaud Mr. Lloyd Webber.

  51. 51

    He should give to me so I can once and for fucking all PUT A FUCKING END to this CREDIT CRUNCH already!!!!! People of the US of FUCKing A - PAY YOUR FUCKING MORTGAGES YOU DUMB FUCKING CUNTS!!! YOU ARE SENDING THE WORLD INTO A SPIN YOU LAYABOUT LAZY DICKWADS! Why did you buy those houses you could not afford?????? FUCK YOU!!!!

  52. yuna says – reply to this
    52

    Finally! Someone with money who has some sense!