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

Related stories

Father sets wife, children ablaze over alleged infidelity, daughter dies

The International Federation of Women Lawyers, Abia State branch,...

Netanyahu in Face Off with Starmer, Macron, Carney Over Gaza

"We Will Take Action Against Netanyahu," Starmer, Macron,...

Concerns Mount as BudgIT Uncovers N6.93tn in ‘Unjustified’ Projects in 2025 Budget

By Abiola Olawale BudgIT, a frontline civic-tech organization with a...

2027: Gov Sule Moves to Oust Sitting Senator, unveils Intention To Contest

By Abiola Olawale Governor Abdullahi Sule of Nasarawa State has...

Fresh Drama As JAMB Releases Resit Results for 379,000 Candidates Tomorrow

By Abiola Olawale The Joint Admissions and Matriculation Board (JAMB)...

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
Father sets wife, children ablaze over alleged infidelity, daughter diesNetanyahu in Face Off with Starmer, Macron, Carney Over GazaConcerns Mount as BudgIT Uncovers N6.93tn in 'Unjustified' Projects in 2025 Budget2027: Gov Sule Moves to Oust Sitting Senator, unveils Intention To ContestFresh Drama As JAMB Releases Resit Results for 379,000 Candidates TomorrowDetails As CBN Retains Nigeria’s Interest Rate at 27.50%Protests Erupt in Ibadan After Stray Bullet Kills WASSCE StudentEl-Rufai Alleges Massive Corruption in Judiciary, Says ‘Justice Is for Sale’Ranked: The Busiest Airports in the WorldRethinking Death and Dignity: From Fundraising Committees to Funeral Insurance in NigeriaExclusive! Arise TV/THISDAY Group Evict First Bank from Ikoyi OfficeNothing Political About My Vatican Trip --- Peter ObiDiri vs Wike: Tension In Bayelsa As Pro-Wike Group Fumes Over Arrest Of MemberAtiku: Peter Obi Breaks Silence, Says "I’m Only Interested In Coalition Against Hunger, Poverty"Falana Slams Tajudeen Abbas, Reps Over Compulsory Voting Bill
X whatsapp