Guy Fieri has a staggering net worth that he's not giving to his sons

Guy Fieri reportedly just signed a new US$100mil (RM465mil) TV deal with the Food Network. Photo: Food Network

Guy Fieri has amassed a fortune since he became the face of the Food Network.

The producer and host of the well-loved Diners, Drive-Ins And Dives, plus other popular shows, has a net worth estimated to be around US$70mil (RM325mil). And he reportedly just signed a new US$100mil (RM465mil) TV deal with the Food Network.

But Fieri said he won't automatically bequeath his wealth to his two sons, Hunter and Ryder, or his nephew Jules, who has lived with the TV personality and chef since his mother died in 2011.

Fieri recently spoke with Fox News about whether his two sons and nephew can inherit his money, and his answer was a healthy dollop of tough love.

"I told them the same thing my dad told me, '... When I die you can expect that I'm going to die broke and you're going to be paying for the funeral,'" he said. "I told my boys, 'None of this, that I've been building, are you going to get unless you come and take it from me.'"

He went on to explain that his sons and his nephew were expected to stay in school, graduate from college and even complete a secondary degree. Jules is studying law at Loyola Marymount, while Hunter, Fieri's oldest, is reportedly in business school at the University of Miami. Ryder is a senior in high school.

Fieri then went on to quote the great Shaquille O'Neal.

"Shaq said about his kids one time, 'If you want any of this cheese, you've got to give me two degrees,'" Fieri said with a smile. "Well, my two degrees means, you know, postgraduate. So they are on their way." – SFGate/Tribune News Service