Sting Is Stingy, Won't Give Six Kids Any Trust Fund Money

In a news story more boring than the music of Sting itself, Sting told The Mail in London that all his money is going away and he won't have any left to give to his six kids in a trust fund. He doesn't want the money to hang around their necks like an albatross, he says.

From the Associated Press:

The singer-songwriter who grew up in a shipbuilding community in northeast England says he told the kids, "there won't be much money left because we are spending it!"

"People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot," he was quoted as saying.

According to the Sunday Times Rich List, Sting's wealth is estimated at $306 million and his songs are estimated to be mostly zzz.

The original article in which this riveting tidbit appears also goes on to note that Sting has over 100 people on his payroll. One wonders is if he signs his checks Sting or Gordon Matthew Thomas Sumner, the artist's real name.

[Image via AP]