The Bank of Dave – The growing trend of disinheriting your children

You may have seen the Netflix film Bank of Dave, which was released last month.  The film follows the story of Dave Fishwick, a self-made millionaire and businessman from Burnley.

One of the intriguing aspects of the show is Dave’s unconventional approach to wealth management. He believes in giving back to society and is passionate about supporting local businesses and communities. In the series, he makes it clear that he has no intention of leaving his wealth to his children. This decision reflects a growing trend among celebrities and wealthy individuals who are turning away from traditional inheritance practices. Many argue that inheritance can create entitlement and dependency, and that it’s important to encourage self-reliance and financial independence in the next generation.

As this is becoming reported more and more regularly in the media, we thought it was worth revisiting our article ‘The Daniel Craig Effect’, which explores this trend in more detail.