Pierre-Edouard Sterin Advocates for Law Change to Disinherit Children in Favor of Charity
French billionaire Pierre-Edouard Sterin pleads for law change to disinherit children

Image: Hindustan Times
French billionaire Pierre-Edouard Sterin is urging lawmakers to alter inheritance laws that require him to pass on three-quarters of his wealth to his children, preferring instead to donate his fortune to charitable causes. He made this appeal during a Senate hearing amid ongoing political controversies surrounding his right-wing views.
- 01Sterin is seeking a change in French inheritance law to allow full control over his estate.
- 02French law currently mandates that 75% of an estate must be inherited by children.
- 03He has a net worth of approximately €1.4 billion ($1.6 billion).
- 04Sterin's political views lean towards the far-right, advocating for stricter immigration policies.
- 05He previously faced backlash for not attending a National Assembly hearing, citing security threats.
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Pierre-Edouard Sterin, a French billionaire known for his right-wing political stance, is appealing to lawmakers to change the inheritance laws that require him to pass on 75% of his wealth to his five children. During a Senate hearing, he expressed his desire to donate his entire estate to philanthropic causes instead. Sterin, who has a net worth of around €1.4 billion ($1.6 billion), criticized the current law, stating, "I’m in favor of being able to do whatever one wants to do with one’s patrimony." His recent appearance follows a previous controversy where he failed to attend a National Assembly hearing due to alleged death threats. Sterin's political views align with the conservative end of the spectrum in France, and he has connections to the far-right National Rally party. He has also expressed extreme views on immigration, advocating for the re-migration of certain foreigners. His statements and actions have sparked significant debate in France, especially as the country approaches the presidential elections next year.
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Changes to inheritance laws could significantly affect wealth distribution practices in France.
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