Kerry Katona slams ‘hypocritical’ Spencer Matthews over kids’ inheritance revelation

Spencer Matthews, the Made in Chelsea star’s son, was raised as the son of Eden Rock hotelier David Matthews, and his recent revelation that he wouldn’t pass down his wealth to his three children has been labelled as “hypocritical” by Kerry Katona.

Spencer, who has three children with wife Vogue Williams and their children Theodore, Gigi, and Otto, said to the Mirror: “It’s not a good idea to give it all to your kids. They are being greatly harmed by it. Kerry said in her weekly column, “Spencer Matthews says he won’t be passing on his fortune to his children because he thinks it’s no point doing well to give it to your kids, but I disagree.” I give my kids everything I have, and that’s the whole point of working so hard for them.

Since he received a wealthy upbringing, it’s a little hypocritical. However, I sometimes worry that I’ve given my kids too much because he makes his kids work for their money. I enjoy giving my kids what it’s like to have nothing, but they don’t know what it’s like.

Kerry is a proud mother of five, having two children, Lilly Sue, 22, and Molly, 23, with her first husband Brian McFadden, and Heidi, 17, with Mark Croft, the youngest DJ, 10, and George Kay, the late husband’s son.

Spencer admitted he’s heard comedian Jimmy Carr discuss “trust fund kids,” but Spencer said he didn’t want his kids to be given everything and that he thought it was just a “very unfortunate” situation.

You might not ever understand the need to work because you have what you think you want, and you may not ever feel proud of yourself if you’re a young man or young woman who has just given everything. You won’t ever feel accomplished.

Theodore has recently joined his neighborhood Parkrun, perhaps in response to Spencer’s ultramarathons, and Spencer is already ensuring that his kids have challenges. Theodore is now starting to run, according to Spencer. The other day, he ran two kilometers. Because the child completed two laps, which some kids do after one lap because they were given that choice, I was so proud of him. They will become weaker as a result of the comfort you offer them.

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Source: Mirror