Lionel Richie: He of Big Money and Little Faith

Lionel Richie opened up a huge trust fund for baby Harlow -- but it sounds like he's doing it because he doesn't have that much trust in Nicole.



Tags: joel madden, JoelMadden, lionel richie, LionelRichie, nicole richie, NicoleRichie

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1. FIRST BOOO YA

Posted at 12:23PM on Jul 29th 2008 by DENISE DENISE DENISE

2. Can you blame him?..oh, and you suck #1...

Posted at 1:33PM on Jul 29th 2008 by joejoe

3. Everybody should have a HUGE trust fund

Posted at 1:41PM on Jul 29th 2008 by Tony

4. #3.....Billionaires and many some millionaires will NOT leave NO MONEY
to there children . They will give it all to charity . This is where I think it's
wrong , msnbc has a story on this topic. These are the people who's like
Bill Gates and Warren Buffet , philanthropic . .

IF a person is wealthy , there's nothing wrong to have trust fund for your children .
If they don't ( parents ) they're selfish people .

Posted at 1:52PM on Jul 29th 2008 by Nothing wrong giving a child trust fund.

5. #4 I disagree. Take Bill Gates for example. He made his money. He didn't inherit it. I could see a person like him thinking that it would be good if his children made their own way rather than sit back and relax doing nothing other than spending the billions he worked hard to earn. He has the ability to give them a top of the line education and expose them many things that will benefit them culturally. There is no reason for them not to achieve greatness on their own. If he just gives the money to them he will have a legacy of descendants like Paris Hilton AND Nicole Ritchie who do nothing but bring shame on the family name and contribute absolutely nothing to society.

Posted at 3:11PM on Jul 29th 2008 by Bird

6. Um TMZ, what is wrong with a grandfather setting up a TRUST FUND for his GRANDDAUGHTER????? YOU guys have no faith in Nicole....goodness, if he doesn't open the acct then who will, Joel???? With what money???? Let rich-ass grandpa take care of the finances damnit!!!

Posted at 3:39PM on Jul 29th 2008 by Ms Dolo D

7. He should rely on the money Nicole makes.She must average $52 a year for the sale of the dvd of that lousy rehearsed show she did with lazy eye Paris

Posted at 3:43PM on Jul 30th 2008 by Bob Booie

8. Ms Dolo D;

lmfao you have no idea just how much money joel has.

Posted at 9:39AM on Jul 31st 2008 by katie

9. Loving Nicole Richie! Did you know when Harlow goes to sleep she and Joel check out SexxxyBids.com for their latest couple toys!

Posted at 7:47PM on Aug 12th 2008 by SeXXXy Bids

10. Loving Nicole Richie! Did you know when Harlow goes to sleep she and Joel check out SexxxyBids(dot)com for their latest couple toys!

Posted at 7:47PM on Aug 12th 2008 by SeXXXy Bids

11. Why the hell not. If she sets aside money or now he should have some momey put away for his grandchild.

Posted at 12:50AM on Aug 30th 2008 by S. Moran