Well by all means, give him access to your bank account and be sure to seek his advice when investing.
He's stupid for thinking that his parents could reasonably pursue his best interest financially, even if they did have his best interest at heart. I don't know 10 people who can even balance a checkbook properly, and now suddenly your parents are competent to handle millions of dollars simply because they're supposed to love you? It's idiotic. Again, if you're a millionaire and you don't hire reputable, professional, accountants to handle your money, you are stupid. Stupid, stupid, stupid.
That's not even the point, but go ahead with that. There's a difference between smart financial planning and people blowing all of your money without telling you.
When I first saw the headline I thought "what a moron." But reading more about it and hearing what his parents did puts it in a whole different light for me.
I had the same reaction.