The revelation comes after the chef inked a multiyear deal with the Food Network worth $100 million.
Guy Fieri is borrowing a page from Shaquille O'Neal's cookbook playbook when it comes to their children inheriting any money -- if they wanna see cheese, they gotta bring home two degrees.
The Food Network star recently appeared on Fox News and shared what he told his two sons, Hunter, 27, and Ryder, 17 -- whom he shares with his wife, Lori, 52 -- about what they should expect when his time on this earth comes to an end.
"I told them the same thing my dad told me: 'When I die, you can expect that I'm gonna die broke, and you're gonna be paying for the funeral,'" Fieri, 55, told the network. "And I told my boys, 'None of this that I've been building are you gonna get unless you come and take it from me.'"
In addition to his two sons, the famed TV personality also helped raise his nephew, Jules, 22, after his sister, Morgan, died in 2011. And it seems Jules got the memo and is taking it to heart.
"So, my nephew, Jules, is in the entertainment industry down in L.A. He's in the law program at Loyola Marymount. If you're gonna be a big-time entertainment agent, you need that law background," Fieri said. "So, he's doing that."
But for Ryder, it's a concept he's still coming to terms with.
"My youngest son, Ryder, is a senior in high school getting ready to graduate. And he's like, 'Dad, this is so unfair. I haven't even gone to college yet and you're already pushing that I gotta get an MBA. Can I just get through college?'" he said. "I'm like, hey, you know."
Fieri then brought up what Shaq has said multiple times over the year, and that's that his six children won't have access to his bank account unless they bring home two degrees.
"Shaq said it best: if you want any of this cheese, you gotta get me two degrees," Fieri said. "Well, my two degrees mean post-graduate. So, they're on their way."
The Diners, Drive-Ins & Dives star's revelation comes nearly a month after it had been reported that he signed a multiyear deal with the Food Network worth a whopping $100 million. According to Variety, his last deal closed in 2021, earning him a cool $80 million.
That Fieri plans to die broke and not leave his children an inheritance is nothing new. In fact, his counterpart, Gordon Ramsay, told The Telegraph in 2017 that his fortune is "definitely not going" to his six children, whom he shares with his wife, Tana.
"And that's not in a mean way; it's to not spoil them," he told the outlet. "The only thing I've agreed with Tana is they get a 25 percent deposit on a flat, but not the whole flat."
And Shaq told the finance podcast, Earn Your Leisure, in November 2021 what it'll take to get some of his hard-earned dough.
"You gotta have a bachelor's or master's [degrees], and then if you want me to invest in one of your companies, you're going to have to present it. Boom, boom, boom. Bring it to me," he said. "I'll let you know. I'm not giving you nothing."
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