Good for you !!!!!.........as American's say ....arnie is giving his kid nothing ........... he is not entitled to anything .........because his dad is rich .....get a job you lazy spoiled prick ..........i think he should give him ten million....... and buy him off .......but hey!!!!!!....... what the fuck do i know ........i would spend it all on hookers ........
With A Net Worth Of $450 Million, Arnold Schwarzenegger Cuts Off Financial Support Of His Son
Children of famous people do not always live the glamorous life of their parents. When Arnold Schwarzenegger's son Joseph Baena graduated from college, Schwarzenegger cut him off financially. It certainly wasn't because he couldn't afford to support him, as his net worth is nearing half a billion dollars. But the Terminator says he has his reasons.
Joseph Baena learned about his famous father in 2011
Mildred Baena became pregnant with Schwarzenegger's son Joseph, while the star was married to Maria Shriver.
It wasn't until 2011 that Joseph learned who his father was when his grandmother told him.
He came from humble beginnings
Joseph and his siblings were raised about 100 miles north of Los Angeles.
Baena speaks proudly of his upbringing, saying "It was a humble home, and we didn't have much."
Joseph's Mother Took Him Away From The Chaos
Joseph's family faced a tremendous amount of scrutiny, understandably, once news broke about Schwarzenegger being his father.
That's when Joseph and his mother moved North of Los Angeles to escape the chaos.
Schwarzenegger Didn't Turn Away From Him
Although news of his unknown son shook up Schwarzenegger's family life and made headlines, he didn't turn away from Joseph.
Instead, Schwarzenegger reached out to Joseph and the two quickly formed a close bond.
After graduating, it's hasta la vista, baby!
Joseph Baena, now in his mid-twenties, attended Pepperdine University in Malibu, California, and Schwarzenegger was there to support him on graduation day.
All financial support from his dad was terminated after he graduated.
We struggled to get into acting
Baena decided to pursue a career in the entertainment industry but struggled to land acting roles and follow in his famous dad's rather large footsteps.
Instead, Baena shifted gears and earned his real estate licence. Like his famous father, he also got into bodybuilding.
$400 Million Dollar Father
It is estimated that the famous actor's net worth is in the ballpark of $450 million.
Schwarzenegger grew his fortune by investing in stocks from money earned acting and his bodybuilding business.
Joseph live at home with his mom during college
Schwarzenegger bought Joseph and his mother a home after learning that Joseph was his biological son.
It worked out well, as Joseph could commute to the Pepperdine campus in coastal Los Angeles while living rent-free at home.
You're on your own kid!
Thankfully, Schwarzenegger paid for his son's college tuition, for which Joseph is very grateful. But after that, his father cut him off financially.
Baena says that he holds no grudges about his father ending financial support.
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