( CNN ) -- `` Fields of Gold , '' yes . Oceans of money , no . Sting told the UK publication The Mail on Sunday that he wo n't be leaving his more than $ 300 million fortune to his six children . `` I told them there wo n't be much money left because we are spending it ! We have a lot of commitments . What comes in we spend , and there is n't much left , '' he said . `` I certainly do n't want to leave them trust funds that are albatrosses round their necks . '' Not that they 've needed the money . They all have a good work ethic , he added . `` They have this work ethic that makes them want to succeed on their own merit . People make assumptions , that they were born with a silver spoon in their mouth , but they have not been given a lot , '' he said . Sting 's children have done well for themselves , particularly daughter Mickey , who had a major role in the film `` Frances Ha . '' The former Police frontman , now 62 , was born Gordon Sumner and grew up working-class in Wallsend , near Newcastle in northeast Britain . He told The Mail on Sunday that he could n't wait to leave his hometown . `` It was a pretty violent wrench . I did n't feel I belonged there and the family was pretty dysfunctional in many ways . My parents were not happy together , '' he said . `` They loved their kids but it was a toxic environment . I needed to escape and I am glad I did . '' Sting went on to great success , first with the Police and then as a solo act . For his latest work , the musical `` The Last Ship , '' he 's returned to his childhood . `` The irony is that I 'm going back to Wallsend , from where I had done everything in my power to escape , '' he said . The show , which is currently running in Chicago , is expected to premiere on Broadway in the fall . Sting said he does n't feel guilty about his wealth -- `` I use my houses and love having them . I am grateful I have made money '' -- but he still tries to keep his feet on the ground . `` I demand a citizen 's life -- I really do . Walking the street ; going to a bar on my own , '' he said . `` I want to be able to pick up my bags from the ( airport luggage ) carousel and walk to the car . There are times when I do n't want or need attention . ''
Sting wo n't be leaving fortune to children . `` We are spending it ! '' he says of his $ 300 million . He 's proud of kids , says they have good work ethic . Sting 's musical `` The Last Ship '' due on Broadway in the fall .