Kirk Douglas, who died at the age of 103, donated most of his estimated $61 million fortune to charity.
Kirk Douglas – Turner Classic Movies
According to a new report in The Mirror, the Douglas Foundation plans to donate $50 million to St. Lawrence College (Douglas’ alma mater), Westwood’s Sinai Temple, the Kirk Douglas Theater, and Los Angeles Children’s Hospital.
Michael Douglas pays tribute to dad Kirk Douglas on one-year anniversary of his death
According to its website, the foundation’s mission is to “help those who are otherwise unable to help themselves.” The son of Jewish immigrants, Douglas grew up in poverty. In return, he donated to many schools, hospitals and charities.
These include his old high school, in Amsterdam, New York, and movements in Southern California and Jerusalem. It is unclear where the rest of his fortune will go, but it is rumored that his son Michael, who is also a famous actor, will not inherit anything (this includes his two other lesser-famous sons).
Anne Douglas, widow of actor Kirk Douglas, dies at 102
And with his own estimated net worth of $300 million, it doesn’t look like Michael needed the extra money. Nor was the decision to donate his fortune to charity unexpected. n his 2015 interview with The Hollywood Reporter, Douglas, and his wife explained their foundation and their intention to donate the money to charity.