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
One can imagine how hilarious it was when the two iconic hosts shared the stage.
3 hours ago
Gwendolyn Osborne said that Carey changed the history of television and set a new standard.
5 hours ago
The player brought his parents on the stage and that made things even more emotionally charged.
6 hours ago
The player did lose everything that he had won but also get another shot and made a stunning recovery.
1 day ago
Steve Harvey has previously shared style tips with fans in a behind the scenes clip.
1 day ago
The founders of "The Long Hairs" made a rocking pitch that had the sharks headbanging.
2 days ago
The family watched the show as a way to help their son learn problem solving skills from the games.
2 days ago
Jonathan Deiersing pitched his innovative men’s padded underwear line, "Rounder Bum" in the Tank.
2 days ago
Drew Carey is talented in a lot of ways and contestants also bring their unique skills on the stage sometimes.
2 days ago
Seacrest was so astonished that he had to test the contestant's strength right then and there.
3 days ago
Drew Carey is quite a sensation when it comes to performing viral dance trends.
3 days ago
The guest initially expected her grandmother's painting to be worth a couple hundred dollars.
3 days ago
The creators of the show apparently went too far with the joke but tried to make up for it too.
4 days ago
The TikTok creator claimed that the recalled products are widely used by low-income and middle-class families.
4 days ago
The star was stopped midway by his partner while fans loved the look.
4 days ago
Viewers couldn't believe what they saw and some even suggested it could be a prank.
4 days ago
Cuban offered the entrepreneur a "geek to geek" offer that he couldn't refuse.
4 days ago
Reports suggest that the anti-theft measures are causing hostility between shoppers and workers.
5 days ago
Seemed like inflation has been eating into the nuggets sold by Walmart under Great Value.
5 days ago
The entrepreneur shared that it was a habit of his to reward the people who worked hard for him.
6 days ago