Thursday, February 27, 2020

Millionaire businessman refuses to give his parents money because they denied him £100 in 2015

A millionaire businessman has refused to help his struggling parents because they wouldn’t invest in his fledgling company five years ago.

The unnamed boss explained that his mum and dad refused to put in £100 because they thought his firm was doomed to fail.

But he went on to rake in “seven figures a year” after the company unexpectedly took off.

Writing on Reddit, he insisted he won’t help them pay off a £200,000 mortgage because they only have themselves to blame for having no retirement savings.


He explained that he quit his £26,0000 a year office job in 2015 – when his parents and siblings earned twice or triple what he did.

He wrote: “When I opened my business, I asked if they wanted to invest as little as £100 in it, no one did... My entire family thought that my business was going to fail, just like I failed my sixth form.

“My parents still have around £200,000 in mortgage payments left and are about to retire.

"Yesterday at a family reunion, my aunt asked why I don't help them out financially considering I make more in a year than they make in a decade.'

“I also told her that my parents made more than enough to put aside some money each month towards retirement, but due to their unorganised spending habits they were living paycheque to paycheque every month. They were making TRIPLE what I was making when I was an office boy [sic].

“My aunt called me an a***** for not helping them out and spending my wealth on "lavish" things.

“I told her I earned my s*** through hard work, sleepless nights and dedication.”

One user blasted: “Yeah I feel like OP is ungrateful, and quite frankly chintzy. He hasn't provided info about the dynamics of his family, and has only provided income info - which sounds like all he cares about is money.”

“I don't know what your relationship with your parents is like, but I'd give my parents anything and everything, simply because I owe both more than I could ever give.”

But another said: “I don't owe my parents for raising me. I didn't have a choice to be born. It's literally their job to feed and clothe me. You don't get to be a parent if you don't do that."

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