Guy Fieri will leave his kids without any money when he dies - unless they get postgraduate degrees

Referencing former NBA star Shaquille O'Neal, 51, he told Fox News: "Shaq said it best: Shaq said, 'If you want this cheese, you got to get to two degrees.'

"Well, my two degrees mean, you know, postgraduate."

The restauranteur - who also looks out for his nephew Jules, 22, who has been in his care since his sister Morgan died of cancer in 2011 - plans to "die broke".

He continued: "I've told them the same thing my dad told me.

'My dad says, 'When I die, you can expect that I'm going to die broke, and you're going to be paying for the funeral.'

"And I told my boys, 'None of this that we've been ... that I've been building are you going to get unless you come and take it from me."'

His teenage son was not impressed.

Sharing Ryder's reaction, he said: "'Dad, this is so unfair. I haven't even gone to college yet, and you're already pushing that I've got to get an MBA? Can I just get through college?'"

Hunter is already completing a business Masters at the University of Miami in Southern California.

His nephew is also studying for a law degree.

Guy added: "Jules is in the music industry down in LA. He's in the law program at Loyola Marymount right now.

"If you're going to be a big-time entertainment agent, you need to have that law background. So he's doing that."

As part of his deal with Food Network, Guy is required to stay on the channel for three years minimum.