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Thursday, November 20, 2008
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EARN IT YOURSELF

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October 7, 2008 --

SUPERSTAR composer Andrew Lloyd Webber has amassed a fortune of $1.3 billion - but the "Phantom of the Opera" creator doesn't plan to pass any of the money along to his five children. Instead, he wants to use the dough to help budding composers and singers. "I am not in favor of children's suddenly finding a lot of money coming their way, because then they have no incentive to work," Lloyd Webber tells London's Mirror. And he claims his kids are fine with that: "They aren't bothered. They don't think that way. It is about having a work ethic. I don't believe in inherited money at all."

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