Gene Simmons: my finances are enough for another 2 or 3 generations

According to estimates reported by sources such as Celebrity Net Worth, thanks to a series of investments and properties, in addition to the co-production of almost the entire discography of the Kiss and other bands, Gene Simmons would have a Estimated net heritage around 400 million dollars. To recently confirm his fortune was the same bassist, who during a chat for the podcast of the comedian Ryan Sickler, “The Honeydew”, he said how it was his mother, who has long since been teaching “The value of money“.

During the chat Simmons explained – as transcribed by “Blabbermouth”: “Different cultures see the money in different ways. If you are not Jewish, according to Benjamin Franklin, a penalty saved is a money earned – by the way, today a saved pay equivalent to two money earned, because that was before America had taxes, including federal ones – so if you are not Jewish, people say. ‘Oh, you are parsimonious’. Works hardworks more than your neighbor. Accumulate your luck, whatever it is. And living well is the best revenge. ‘ He added:

“I met the most popular athlete of the school, the one who was successful with the girls. Of course, when he did not look at I was trying anyway, but those people don’t think about the future: they live only in the present. I, on the other hand, always thought about what to do later, how to build my tomorrow.
I organized my finances so that the next two or three generations are safe. For this reason it is important to diversify investments: I am engaged in cryptocurrencies, properties, shares, bonds, futures and raw materials “.

In the same chat, however, Gene Simmons reiterated – as already mentioned in the past – that i his children must find their own way aloneinstead of counting on lauses donations by parents or family members. “Neither my son Nick, nor my daughter Sophie, have ever received the pocket moneythey never received something without doing anything, “explained the 76 -year -old musician:”Do you want money? So, you have to do something. I don’t know, like cutting the lawn, clean. So you understand the value of money. And then you don’t have to say ‘thanks’. You don’t have to money to anyone. Love for work: if you manage to stick it into the hard heads of the new generation – what is the new generation? Generation x? As? Fucking generation. The generation that feels in the right of everything. Because, if you pass all life with the fattened palm, which once meant receiving money without doing anything, when you get to 18 or 20 years old, when you are on your behalf, you become one who feels in the right to say: ‘Hey, it is responsible for health care’. No, actually not. “

Last year, the Kiss, who in December 2023 concluded their farewell tour with a double appointment at the Madison Square Garden in New York, sold their brand, their editorial catalog and the shares of participation in the ownership of the masters of their works to the Swedish company. Although the terms of the agreement were not officially known, Bloomberg and Associated Press reported that the value would exceed $ 300 million. However, Simmons insisted that the economic gain “is not what this sale is. It is about enjoying life. I am certainly lucky”.