Current:Home > InvestWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -GlobalInvest
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-15 05:30:46
It pays to have a mom like Phaedra Parks—literally!
The Real Housewives of Atlanta alum recently revealed the extravagant gift she gave her oldest son, Ayden, for his 13th birthday back in May.
"He said for his birthday he either wanted a dirt bike or a way to make money," the reality star told People in an interview published June 30. "And so I said, 'Well definitely not gonna give you a dirt bike to kill yourself. I will give you $150,000 for you to buy a piece of property.' And so now he's basically trying to figure out if he wants to do a little multi-unit duplex, you know, his own little rental properties."
According to Phaedra, the teen has been interested in building his personal wealth for years.
"Ayden is big into cryptocurrency and big into researching how to become a millionaire before he is 25," she explained. "And so he's been talking about getting investment properties."
And her 10-year-old Dylan is following in his big brother's financial footsteps, as she added, "Both my sons love anything about making money in cryptocurrency."
Though Phaedra joked Ayden and Dylan "can be a bit bougie" at times, she noted, "They have great manners. I'm very proud to call them mine."
While Ayden's gift might seem over-the-top, Phaedra says she's proud to pass along generational wealth to her sons.
"I come from a middle-class family of educators," she shared. "However, they didn't have the type of income that I have. So while they probably would have wanted to able to do that, they didn't have the means to give a kid $150,000 to buy something. It just wasn't like that back then, especially for people of color."
Besides passing along financial stability, Phaedra also shared the three rules she's instilled in her kids: "Be respectful of adults, clean up behind yourself and be grateful."
(E! and Bravo are both part of the NBCUniversal family)
Peacock is live now! Check out NBCU's streaming service here.veryGood! (83)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Blac Chyna Shares Update on Her Sobriety After 16-Month Journey
- The Quantitative Trading Journey of Linton Quadros
- Why Sofía Vergara Was “Surprised” by Reaction to Joe Manganiello Breakup
- New data highlights 'achievement gap' for students in the US
- Shark attacks 10-year-old Maryland boy during expedition in shark tank at resort in Bahamas
- Saints fire longtime offensive coordinator Pete Carmichael, last member of Sean Payton regime
- US, South Korea and Japan conduct naval drills as tensions deepen with North Korea
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- New Zealand’s first refugee lawmaker resigns after claims of shoplifting
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Alabama execution using nitrogen gas could amount to torture and violate human rights treaties, U.N. warns
- Manufacturer of Patrick Mahomes' helmet: Crack 'not ideal,' but equipment protected QB
- North Carolina election board says Republican with criminal past qualifies as legislative candidate
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Bills face more weather-related disruptions ahead AFC divisional playoff game vs. Chiefs
- Influencer Mila De Jesus Dead at 35 Just 3 Months After Wedding
- Pacific Northwest hunkers down for ice and freezing rain, while other US regions also battle cold
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
4 men found dead at Southern California desert home
'I was being a big kid': Michigan man's 7-foot snow sculpture of orca draws visitors
Here are 10 memorable moments from the 2024 Primetime Emmy Awards
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Maryland governor restores $150 million of previously proposed cuts to transportation
Alaska lawmakers open new session with House failing to support veto override effort
Asa Hutchinson drops out of 2024 GOP presidential race after last-place finish in Iowa