Several high-profile millionaires and billionaires have declared they won't be leaving the entirety of their massive fortunes to their children.

Many of these wealthy parents have pledged to give the majority of their wealth away to charitable organizations by signing the Giving Pledge

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Many high-profile business magnates, billionaires, and celebrities believe money shouldn't be handed to their children.

Superrich parents, such as Mark Zuckerberg and Priscilla Chan, have signed the Giving Pledge, which promises to give away the majority of their massive fortunes. However, for some, the amount remaining is still worth millions (if not billions).

Read more: The youngest heirs and heiresses poised to inherit billions from their parents

Business Insider has compiled a list of 14 high-profile millionaires and billionaires — some of whom are the world's biggest business magnates — who won't be signing over their fortunes to their kids in their will. We ranked these wealthy parents in ascending order by their net worth.

Keep reading for a look at 14 high-profile billionaires and millionaires who aren't leaving their fortunes to their children: