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
Harrison knew it was too good of a collection to let go, and he decided to raise the stakes.
7 hours ago
The guest who had little no idea about his family heirloom was shocked to know its significance.
8 hours ago
Despite making a higher than usual offer, Harrison failed to close the deal.
11 hours ago
The guest regretted that she wouldn't be able to keep the highly valued item in her home anymore.
12 hours ago
They also triggered a showdown between Mark Cuban and Daniel Lubetsky before closing the deal.
1 day ago
As Heather took a second to solve the final puzzle, Seacrest admitted she made it look easy.
1 day ago
Carey suffered a similar snafu a few months ago while playing the same game of 'Bullseye'.
2 days ago
Fans also share some tips that could've helped Bain win the bonus round but it was too late.
2 days ago
Emily Croke coincidentally got the question related to her great-great aunt, Emily Folger.
2 days ago
Luckily for the veteran host, no one in the studio caught the mistake on time.
2 days ago
The executive producer of the show, Michael Davies later apologized for the spoiled show.
2 days ago
Even the seasoned expert was stumped by the unusual subject of the painting.
2 days ago
In the end, Mr Wonderful cut off Greiner with a deal that the founder of Wad Free couldn't refuse.
3 days ago
Seacrest got geniunely spooked as he couldn't figure out who played a prank on him.
3 days ago
The seller brought some "Secret Service" memorabilia of former Attorney General J. Howard McGrath.
3 days ago
The guest was already emotional because of the backstory involving native Alaskans.
4 days ago
The player once again fumbled a puzzle despite moving forward in the game.
4 days ago
The host didn't want to get more of the weird answers on the show anymore.
4 days ago
The founder of Beyond Sushi impressed the Sharks with 100% plant based flavors.
4 days ago
The Shark jumped back in to the deal as he thought his wife would love the product.
5 days ago