Dragons’ Den star Sara Davies reveals why she WON’T leave her sons £35million inheritance when she dies
DRAGONS' Den star Sara Davies has revealed she won't leave her HUGE £35million wealth to her sons when she dies.
The businesswoman explained that she told her parents she did not want any inheritance money after working hard for her own cash, and that she hoped her kids would "say the same to her".
Sara, 38, who is mum to boys Oliver, six, and Charlie, three, with husband Simon, said she would be "inclined not to give" her fortune to her boys if she found they were "banking on it".
The TV star - who owns craft shop Crafter's Companion and is worth a huge £35million - hopes to keep her family humble.
Speaking exclusively to The Sun Online, the Dragons' Den star revealed she told her parents she didn't want any money from them.
"I have sat down with both sets of parents and said, 'I really want you guys to not be working to have any inheritance for us," she said.
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"The values you have given me are far more valuable than money, so I want you to spend that money and enjoy some extravagant holidays.
"That is me telling the generation up, and I would like to think I will bring my kids up to want to say the same thing to me. It would be a real measure of success if the kids grew up with that attitude.
"If my kids had a different attitude where they were banking on that inheritance, then I would be inclined to not want to give it."
Sara, who competed in Strictly Come Dancing last year, went on to say she is careful to instil "the same values" she had growing up.
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"I think one of the things that has made me the successful person that I am today is the humble roots that I come from," she added.
"It is really hard trying to strike that balance between wanting to give your kids everything that you didn’t have when you were younger but also wanting them to have the same values you had growing up.
"You don’t want them to be spoilt and growing up with a silver spoon in their mouth, but at the same time I don't want them to want for things that I wanted for."
The proud mum has tried to keep the balance by ensuring that she doesn't splash cash on things she deems "not normal".
"I don’t want them to think that it’s normal to go on holiday and stay in expensive hotels and fly first class," Sara continued.
"I just want to be the same as everybody else. That's why I do a lot of camping and caravanning holidays with the kids.
"Don’t get me wrong, sometimes when my husband and I go away, I want to stay in a nice expensive hotel as a treat, but it doesn’t have to be all fancy expensive stuff."
Sara insisted that despite the money, that she wants her fans to know she is "much more" than just her huge net worth.
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"It’s a bit sad in a way that that is the first thing people want to know about me, there is so much more to me than that," Sara concluded.
"It is one of those things where net worth is a measure of success."