ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Guy Fieri says his kids can inherit his $100 million empire — but there's a catch

Fieri says he took a page out of Shaquille O'Neal's parenting playbook to come up with the ultimatum
UPDATED JUL 30, 2024
Cover image source: Guy Fieri attends the 2019 Stagecoach Festival | Getty Images | Photo by Matt Winkelmeyer
Cover image source: Guy Fieri attends the 2019 Stagecoach Festival | Getty Images | Photo by Matt Winkelmeyer

American restaurateur, television personality and game show host Guy Fieri has built an empire worth over $100 million in his decades-long career, per Celebrity Net Worth. The "Diners, Drive-Ins, & Dives" host continues to be one of the highest-paid TV celebrities. The food mogul, however, says he would die broke and won't leave anything behind for his kids unless they meet all of his conditions.

 Hunter Fieri, Guy Fieri and Jules Fieri at Guy Fieri's Flavortown Tailgate | Getty Images | Photo by Ethan Miller
Hunter Fieri, Guy Fieri and Jules Fieri at Guy Fieri's Flavortown Tailgate | Getty Images | Photo by Ethan Miller

In an interview with Fox News last year, Fieri said that he had told his kids, Hunte, Ryder, and his nephew Jules, who he and his wife helped raise after his sister died, what his dad told him that when he died, he would be broke and Fieri would pay for the funeral.  "And I told my boys, ‘None of this that I've been building are you going to get unless you come and take it from me'," Fieri said in the interview. 

He added that if his kids can't handle the heat, they should stay out of the kitchen. And, by heat, the food celebrity meant getting at least two degrees.

Fieri says he took a chapter of parenting straight out of NBA legend Shaquille O'Neal's book. He told Fox News, "Shaq said, 'If you want this cheese, you got to get to two degrees.' Well, my two degrees mean, you know, postgraduate."



 



 

While Fieri's eldest Hunter and nephew Jules are already on their way to being enrolled in MBA and law programs, the youngest kid Ryder is feeling the pressure, Fieri told Fox.

"‘Dad, this is so unfair,'" Fieri said recalling the high school student's complaints. He added that Ryder says he hasn't even gone to college yet and his dad is already pushing him to get an MBA. "He's like, 'Can I just get through college?'" Fieri said.

Given how Fieri's career is going, it would be wise for Ryder to meet the conditions. Last year, Fieri signed a new three-year deal with Food Network, which is valued at over $100 million, according to Variety. With this, Fieri retained the title of the highest-paid talent of the Warner Bros. Discovery-owned cable channel. He also bested his previous best deal that closed in 2021 for $80 million.  

Under the new agreement, the Mayor of Flavortown will continue to produce more of his Emmy-nominated “Diners, Drive-Ins and Dives,” show, episodes of "Guy’s Grocery Games” and “Tournament of Champions," as well. 

Guy Fieri Poses with 2023 World Series Of Poker® Main Event® Bracelet and Stack of Cash at Horseshoe Las Vegas | Getty Images | Photo by Denise Truscello
Guy Fieri Poses with 2023 World Series Of Poker® Main Event® Bracelet and Stack of Cash at Horseshoe Las Vegas | Getty Images | Photo by Denise Truscello

Shaq and Fieri aren't the only celebrities not making it easy for their kids. Gordon Ramsay has also declared that he would only be helping his children with a 25% deposit on a flat and nothing more. He told The Telegraph back in 2016 that he would do this in an attempt "to not spoil them."



 

Even billionaires like Mark Zuckerberg, Bill Gates, Michael Bloomberg and more plan not to pass on their fortune entirely. As per Financial Express, these billionaires plan to give away the majority of their fortune to make the world a better place to live for them and all the other kids in the world.

MORE ON MARKET REALIST
The Season 3 champion, W. Kamau Bell, is looking to become a regular part of the game show.
12 hours ago
Harvey was excited to hear the answers as soon as he read the question.
15 hours ago
When the show's guitar expert, Jesse Amoroso, cut the item's value by 75% from the asking price, the guest lost his cool.
1 day ago
Fans argued that the show misattributed the song "Life Is A Highway" to another composer.
1 day ago
Jennings opened up about keeping "Jeopardy!" the way it was when he was a fan.
1 day ago
Harvey also mocked the player for an answer that earned his team a second strike.
1 day ago
When she did find out how precious the painting from her mother was, she could hardly speak.
1 day ago
The concern among shoppers is growing after a document suggesting the policy change leaked.
2 days ago
The item was unique since there was only one more of the kind in the world.
2 days ago
Apart from being the trivia expert, Jennings has other talents up his sleeve as well.
2 days ago
The guest had no idea that the beloved artifact was a Japanese Bronze Sculpture from Kaneda Kenjiro.
2 days ago
The guest was merely expecting to get double of what she had paid for the book.
2 days ago
Fans were stunned to see the players fail to name one president known for his violent history.
3 days ago
Harvey was elated at the rather suggestive answer and it was what he was looking for.
3 days ago
In a Reddit thread, fans of the show gathered to share their experience of going up against Jennings.
3 days ago
Harrison couldn't believe his eyes when the guitar turned up in his shop.
4 days ago
The Halloween-themed special episode had a lot of sound effects for jump scares.
4 days ago
Harvey couldn't take anymore of the outrageous answers on the show from the same family.
5 days ago
White paid top dollar only to get one special Katana that Harrison didn't want to sell.
5 days ago
The contestant was on a roll once she did get on the stage after a long wait.
6 days ago