Anderson Cooper: Why I Won’t Leave My Son An Inheritance

Related stories

Gunshots: APC, PDP Bicker Over Disruption Of Edo Gov’ship Tribunal

Disturbing' Disruption Of Tribunal Executed By PDP Thugs--APC ...

AG, Finance Commissioner Retained As Ondo Gov.Dissolves Cabinet

By Kolawole Ojebisi Two months after his election into office,...

Again, Nigeria’s Inflation Rate Soars to 34.80% in December 2024

By Abiola Olawale Nigeria's headline inflation rate saw an uptick...

Just like his mom, CNN Anchor, Anderson Cooper has revealed that he does not plan to leave his wealth to his son, Wyatt.

It would be recalled Cooper only inherited less than $1.5 million from his late mom Gloria Vanderbilt’s estate and sprawling wealth after she died in 2019.

“I don’t believe in passing on huge amounts of money,” Cooper, 54, told Air Mail’s Ashley Baker and Michael Hainey on Saturday’s episode of their “Morning Meeting” podcast as reported by New York Post.

“I don’t know what I’ll have,” Cooper added of his fortune, which is estimated to be $200 million.

“I’m not that interested in money, but I don’t intend to have some sort of pot of gold for my son. I’ll go with what my parents said … ‘College will be paid for, and then you gotta get on it.’

The broadcast journalist welcomed Wyatt, who turned 1 in April, via surrogate. Cooper had in 2012 came out publicly to declare himself as gay.

Cooper told Howard Stern in 2014 of his own inheritance: “My mom’s made clear to me that there’s no trust fund, there’s none of that.”

He also told Stern, “I don’t believe in inheriting money.… I think it’s a curse.”

However, Page Six exclusively reported five years later that Cooper did end up getting a nice chunk of change from fashion mogul Vanderbilt after her death, while his brother Leopold “Stan” Stokowski got their mom’s Midtown co-op.

Cooper’s new book, “Vanderbilt: The Rise and Fall of an American Dynasty,” chronicles the storied history of his mother’s side of the family.

He admitted in Saturday’s podcast interview that his life growing up was decidedly different.

“As a kid, my dad [Wyatt Emory Cooper] did take me to Grand Central Station to show me the statue of Commodore Vanderbilt,” he said of the railroad and shipping magnate, “and that was the first time I had heard the Vanderbilt name.”

However, young Cooper wound up with the wrong idea.

“I just remember coming away [from] it believing for quite some time that all grandparents turned into statues when they die,” he quipped.

Editor
Editorhttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Gunshots: APC, PDP Bicker Over Disruption Of Edo Gov'ship TribunalFirst Bank Crisis: GHL Recounts How FBN’s Carelessness Almost Killed 93 on Operational Oil Rig (FULL STATEMENT ATTACHED)AG, Finance Commissioner Retained As Ondo Gov.Dissolves CabinetMax Amuchie, Rotarian and Sundiata Post CEO Earns Gulf American University's Honorary Science AwardAgain, Nigeria’s Inflation Rate Soars to 34.80% in December 2024South Korea's impeached president arrested after police march on his homeTributes to Comrade (Dr.) Segun Osoba at 90White House Deal: US Removes Cuba From Terrorism Sponsor ListCrisis Over Alaafin: You Are Liable for Prosecution Over Your Defamatory Acts-Oyo Kingmakers Lash MakindeNLC Chairman Reveals How Verification Exercise Exposed Over 2,000 Ghost Workers In Akwa-Ibom, Hails Gov EnoBig Intrigues As US SEC Sues Musk For Failing To Disclose Stakes In Twitter AcquisitionDrama As NCC Orders Telcos To Disconnect UBA, Fidelity, Sterling, FCMB, Polaris, Others Over USSD DebtThe Top Companies by H-1B Visas Issued in 2024[VIDEO] Shocking! Suspect Nabbed With Girlfriend's Head Says "I've No Regret Killing Her."[VIDEO] Drama As Obasa's Portrait Is Removed From Lagos State Assembly
X whatsapp