Spencer Matthews: The Self-Made Millionaire’s Surprising Take on Leaving Wealth to His Children
Spencer Matthews, the man who won over hearts as a reality TV star on Made In Chelsea, has come a long way since his champagne-sipping, drama-filled days on the show. Today, he’s a married father of three, a successful entrepreneur, and a millionaire with a growing business empire. Yet, in a recent conversation, Matthews shared a surprising stance on wealth inheritance—one that may leave some raise an eyebrow. He revealed that his three children won’t be inheriting his fortune. But why? What drives this decision, and what does it say about his values as a father and a self-made man?
Why Spencer Matthews Won’t Leave His Fortune to His Kids
Matthews, now in his mid-30s, has built his wealth through a combination of smart business moves and hard work. From his early days on reality TV to launching his own luxury lifestyle brand, dropdown, and even diving into the world of cryptocurrencies, he’s proven himself as a savvy and ambitious entrepreneur. However, when it comes to his children, he’s clear: they won’t be handed his wealth on a silver platter. “I don’t want my kids to grow up with a sense of entitlement,” he explains. “It’s important to me that they understand the value of hard work and the satisfaction of earning something for themselves.”
The Importance of Hard Work: A Lesson Spencer Wants to Pass On
Matthews’ philosophy on wealth is deeply rooted in his own experiences. Unlike some of his Made In Chelsea co-stars who came from privileged backgrounds, Spencer grew up in a family that valued hard work. His father, David Matthews, was a successful entrepreneur who instilled in him the belief that success comes from effort, not just luck. “I didn’t have everything handed to me,” Spencer says. “I had to work for what I wanted, and that’s a lesson I want my children to learn too.” By not leaving his fortune to his kids, Spencer hopes to ensure they develop a strong work ethic and a sense of self-worth that doesn’t rely on their inheritance.
A Father’s Vision: Raising Kids Who Are Financially Literate and Independent
Being a dad to three young children—son Rucksack, daughter Sienna, and infant BRplets—has only strengthened Spencer’s resolve. He wants his kids to grow up with a healthy relationship with money—one that’s built on responsibility and financial literacy. “It’s not about depriving them or being harsh,” he says. “It’s about giving them the tools they need to succeed in life. If they know how to manage money and work hard, they’ll be better equipped to handle whatever comes their way.” Rather than inheriting his wealth, Spencer plans to teach his children how to build their own empires, just as he did.
The Self-Made Path: How Spencer Matthews Built His Empire
Spencer’s journey from reality TV star to millionaire entrepreneur is a testament to his own determination. After leaving Made In Chelsea, he leveraged his fame to launch a series of successful ventures, including a chain of upscale bars, a line of luxury candles, and even a popular podcast. Most recently, he’s made headlines for his foray into the world of cryptocurrencies, where he’s reportedly made millions. His success is a far cry from his early days on the show, where he was often portrayed as the bad boy with a penchant for trouble. “I’ve come a long way,” he admits. “And I’m proud of what I’ve built. Now, I want my kids to be proud of what they build too.”
The Bigger Picture: A Legacy Beyond Wealth
For Spencer, it’s not just about the money—it’s about the kind of people his children will become. He wants them to be resilient, resourceful, and driven. “Wealth can be a blessing, but it can also be a curse,” he says. “I don’t want my kids to grow up thinking that everything will always be taken care of. Life’s not like that. There will be ups and downs, and they need to be prepared for both.” By teaching them the value of hard work and financial independence, Spencer believes he’s giving them the greatest legacy of all—one that far outweighs any fortune.
Conclusion: A Father’s Love, Refined by Hard-Won Wisdom
In the end, Spencer Matthews’ decision to withhold his fortune from his children comes from a place of love and experience. He knows firsthand what it takes to succeed, and he wants nothing more than to pass those lessons on to his kids. While some may criticize his approach, there’s no denying that his perspective is rooted in a deep desire to see his children thrive. “I’m not here to raise kids who expect everything to be handed to them,” he says firmly. “I’m here to raise kids who know how to get what they want through hard work, determination, and integrity. That’s the real inheritance I want to leave them.” And with that, Spencer Matthews isn’t just shaping his own legacy—he’s shaping the future of the next generation.
