#13: Philip Seymour Hoffman

Known as: Actor

Net Worth: $35 million

Children: 3

Philip Seymour Hoffman, the celebrated actor renowned for his mesmerizing performances in cinematic gems like Scent of a Woman, Boogie Nights, and The Big Lebowski, left an indelible mark on the silver screen. His crowning achievement came with an Oscar for Best Actor, a testament to his unparalleled talent, for his portrayal of Truman Capote.

Yet, tragedy struck in 2014 when Hoffman’s life was tragically cut short by a devastating overdose. Years before his untimely passing, Hoffman had taken deliberate steps to ensure that his three children wouldn’t inherit the label of “trust fund kids.” Instead, he opted to bequeath his substantial wealth to his partner and the mother of his children, Mimi O’Donnell. Hoffman did lay out one specific provision – his offspring should be nurtured in a vibrant cultural environment, ideally in cities like Manhattan, Chicago, or San Francisco, where art and culture thrived.