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

Related stories

It’s Another Big Brother Season Of Distractions

By Uzor Maxim Uzoatu The country is going through hell...

You must marry me and my children, By Funke Egbemode

‘I will not be with a man who will...

[VIDEO] Drama as Burglar is Caught in Overnight Heist at FCMB Branch in Imo

By Abiola Olawale In a shocking incident at a First...

2027: Why Peter Obi Proposed a Single-Tenure to Atiku, David Mark, Others -Obidient Movt Reveals

By Abiola Olawale The 2023 Presidential candidate of the Labour...

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

Latest stories

NDN
Latest News
It’s Another Big Brother Season Of DistractionsYou must marry me and my children, By Funke Egbemode[VIDEO] Drama as Burglar is Caught in Overnight Heist at FCMB Branch in Imo2027: Why Peter Obi Proposed a Single-Tenure to Atiku, David Mark, Others -Obidient Movt RevealsOkpebholo vs Asue Ighodalo: Anxieties as Supreme Court Reserves Judgment on Edo Governorship Election Case2027 Election Battle Rages as Gen David Mark Quits PDP, Leads Coalition Against TinubuOil Markets Refocus on OPEC as Iran-Israel Conflict CoolsRussia's War Economy Faces Imminent RecessionThailand’s PM Paetongtarn Shinawatra suspended over leaked Hun Sen call2027: Atiku, David Mark, Secondus, Tambuwal, Others Hold Crucial Meeting, Weigh OptionsRanked: 40 Best Countries in the World, According to PeopleOPEC Tensions Build as Kazakhstan's Oil Production Hits All-Time HighDrama as Lagos Monarch Strips Six Chiefs of Titles Over Labour Party Rally AttendanceAnxieties as Ondo Govt Launches Probe into Akeredolu’s Death, Puts Widow Under ScrutinyTrump Blasts Elon Musk Over Renewed Criticism of US Spending Bill
X whatsapp