Marie Osmond's Unique Approach To Wealth: A Legacy Beyond Inheritance

Marie Osmond has no intention of leaving her fortune to her eight children, but that’s not because she doesn’t want to give them a leg up in life. On the contrary, she thinks it would be a disservice to her kids to leave them a large sum of money. "Honestly, why would you enable your child to not try be something?" Osmond tells Us Weekly. "To me, the greatest gift you can give your child is a passion to search out who they are inside and to work."

After all, pursuing diverse interests has always been a big part of her own life. The multi-hyphenate star and her brother co-hosted the Donny & Marie Show in the 1970s, and since then, she’s had a string of country-pop hits, written books, acted, hosted the Talk, appeared on Dancing With the Stars, and even launched her own line of dolls and sewing machines. This variety in her career reflects her belief that life is about exploration and effort.

Osmond explains, "I’ve done so many things from designing dolls [and much more]. I love trying [and] I wanna try everything. I’m a finisher." That's a value she instilled in her children when they were growing up, too. "That’s one of my rules with my kids. If you start it, you finish it. You don’t ever have to do it again, but you gotta finish," she says. This philosophy emphasizes the importance of commitment and perseverance.

Table of Contents

• Biography of Marie Osmond
• Marie Osmond's Views on Inheritance
• Career Highlights
• Philanthropic Efforts
• Personal Values and Family Lessons

Biography of Marie Osmond

Marie Osmond's Views on Inheritance

Marie Osmond has made her stance clear: she will not leave her fortune to her children. She believes that receiving a large inheritance can lead to a sense of entitlement and laziness. Instead, she wants her children to learn the value of hard work and self-discovery. "All [an inheritance] does is breed laziness and entitlement. I worked hard and I’m gonna spend it all and have fun with my husband," Osmond concludes.

In early 2020, she shared this decision publicly during an episode of The Talk. She articulated her desire to redirect her wealth towards charitable causes rather than traditional inheritance for her children. "I’m going to give [my money] to my charity," she stated, showcasing her commitment to making a difference with her resources.

Career Highlights

Throughout her career, Marie Osmond has worn many hats, from singer to actress. She gained fame with her brother on Donny & Marie Show, which captivated audiences in the 1970s. This was just the beginning of her diverse career, which includes hit country-pop songs and several authored books.

Osmond has also showcased her talents on stage as an actress and television host. Her appearances on shows like Dancing with the Stars further solidified her status as a multi-talented entertainer. Each of these endeavors reflects her passion for the arts and her drive to explore new avenues.

Philanthropic Efforts

Marie Osmond is not just a star; she is also a dedicated philanthropist. She is the co-founder of the Children's Miracle Network Hospitals, an organization that raises funds and awareness for children's hospitals across the U.S. and Canada. This endeavor reflects her commitment to making a positive impact in the lives of children and families in need.

Her philanthropic work has gained recognition over the years, as she has worked tirelessly to ensure that children receive the medical care they require. Through her efforts, Osmond hopes to inspire others to contribute to meaningful causes, demonstrating the importance of giving back to the community.

Personal Values and Family Lessons

Marie Osmond’s values revolve around hard work, perseverance, and self-discovery. She instills these principles in her children, encouraging them to pursue their passions and finish what they start. This approach is not merely a lesson in responsibility, but a way to cultivate resilience and independence.

Osmond believes that the best gift a parent can give is not material wealth but the tools and motivation to succeed in life. By emphasizing the importance of effort and dedication, she aims to raise children who are not only capable but also compassionate and driven to make a difference.