Ramsay, who is worth an estimated £30m, was given a mixed reaction when he revealed he and wife Tana fly up front on planes earlier this year.
Asked if he was surprised how much criticism he got for making those comments, Gordon insisted: "No. I have got to keep it real with the kids, and also I think just getting kids at the age of five, six and seven, used to first class and those big seats, they do not need the space, they get entertainment on their iPads.
"So I like to think about what you can do with the money when you land, rather than paying out thousands of dollars for eight, nine ten-year-olds to sit in First Class."
Gordon says he doesn't want his kids Megan, Matilda, Jack and Holly to get used to first class treatment
He added: "I do not want them sat there with a 10 course f***ing menu with champagne."
He continued: "I am not embarrassed. It is my wife and I's choice to discipline them and to keep them real."
Ramsay, 50, has previously said that none of his children will inherit his fortune.
He told The Telegraph earlier this month: "It's definitely not going to them, and that's not in a mean way; it's to not spoil them."
But Gordon says he will give them a small piece of his fortune
Today, it was revealed how Ramsay's restaurant group returned to profit for the first time since 2012.
Gordon RamsayGroup saw a 24pc revenue jump from overseas branches.
Profits before tax rose to £740,000 compared to a loss of £2m in the previous year, with sales rising to £52m.