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

Related stories

China Snubs U.S. Crude for Third Month, Even as Ethane Trade Restarts

China has avoided buying U.S. crude oil for three...

Super Eagles Icon Peter Rufai Passes Away at 61

By Abiola Olawale The Nigerian football community has been thrown...

Dakuku Peterside’s Beneath the Surface Book Out in October

By Abiola Olawale Masobe Books, a renowned publisher has announced...

Oil Prices Dip on Confirmation of Inventory Build

Crude oil prices opened weaker today following Wednesday’s release...

Buhari In Stable Condition – Ex-Aide Confirms

By Abiola Olawale Ahmed Bashir, ex-aide to the immediate past...

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
China Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsSuper Eagles Icon Peter Rufai Passes Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad2027: Abure, Usman Clash Over Peter Obi’s Rising Profile in ADC CoalitionMTN’s Dabengwa Tier III Cloud Data Centre: A New Era for West African Tech and AIGanduje: Why are they resigning?OPEC Reports a Global Oil Production Decline in 2024IMF Warns FG to Overhaul 2025 Budget to Prevent Economic Meltdown2027: Peter Obi Vows, Says ADC Coalition 'll prioritize Nigerians’ WelfareTragedy! Liverpool Star Diogo Jota Dies in Car Crash in SpainFamily Announces Burial Date of Ex-Kwara Governor, Cornelius AdebayoSex Scandal: Baltasar Engonga, Ex-Equatorial Guinea Anti-Corruption Boss Bags 18 Years
X whatsapp