Current:Home > reviewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -FundGuru
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-18 03:29:15
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! (85)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- Could tugboats have helped avert the bridge collapse tragedy in Baltimore?
- Tori Spelling Files for Divorce From Dean McDermott After Nearly 18 Years of Marriage
- The Biden Administration Adds Teeth Back to Endangered Species Act Weakened Under Trump
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- A Russian journalist who covered Navalny’s trials is jailed in Moscow on charges of extremism
- American tourist dies, U.S. Marine missing in separate incidents off Puerto Rico coast
- Jerry Jones turns up heat on Mike McCarthy, sending pointed message to Cowboys coach
- $73.5M beach replenishment project starts in January at Jersey Shore
- Beyoncé's 'Cowboy Carter' is a little bit country and a whole lot more: Review
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Melissa Joan Hart expresses solidarity with Nickelodeon child stars in 'Quiet on Set' docuseries
- Funeral held for slain New York City police Officer Jonathan Diller
- Rebel Wilson lost her virginity at 35. That's nothing to be ashamed about.
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Summer House's Lindsay Hubbard Made This NSFW Sex Confession Before Carl Radke Breakup
- A big airline is relaxing its pet policy to let owners bring the companion and a rolling carry-on
- An Oklahoma council member with ties to white nationalists faces scrutiny, and a recall election
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Tiki torches sold at BJ's recalled after reports of burn injuries
Beyoncé features Willie Jones on 'Just For Fun': Who is the country, hip-hop artist?
2024 NHL playoffs: Bracket, updated standings, latest playoff picture and more
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
LSU star and Baltimore native Angel Reese on bridge collapse: 'I'm praying for Baltimore'
Tennessee lawmakers split on how and why to give businesses major tax help under fear of lawsuit
Closed bridges highlight years of neglect, backlog of repairs awaiting funding