South China Morning Post
AsiaPac · 3 hrs ago
✦ 78◉ Centre
French billionaire pleads for law change to disinherit children
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
A French billionaire is publicly advocating for a change to French inheritance law that would allow him to disinherit his five children and donate his wealth to charity instead, citing legal restrictions that currently require him to pass three-quarters of his estate to his heirs.
French billionaire pleads for law change to disinherit children
French billionaire Pierre-Edouard Sterin, who has stirred controversy over his right-wing politics, is pleading with lawmakers to modify rules so he can disinherit his five children, saying he prefers to give his fortune to charity.
“I would like to give my entire estate to philanthropic causes,” the businessman told senators on Thursday during a public hearing, noting that under French law three quarters of his assets would have to be passed down to his offspring. “I’m in favour of being able..
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