Or, why not do both? If you are worth billions, you can give millions to your kids and give the rest to charities of your choice. Everyone wins.

This attitude of "I'd rather burn everything" feels like such a massive waste of an opportunity to leave a quality legacy behind and legitimately make the world a better place.

Raising kids to not be spoiled even with moderate amounts of wealth is hard as is...imagine being one of the richest men in the world

There's a pretty clear line between "this inheritance is enough to make you comfortable and sort you out for life" and "this inheritance will make you rich beyond your own comprehension" - there's a certain amount of money that nobody has a need for.

Don't take a dime then either. Good luck generating your own power, homeschooling your kids, and building your own roads.