Current:Home > MarketsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -WealthDrive Solutions
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-25 22:27:08
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! (7578)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Is ConocoPhillips Looking to Expand its Controversial Arctic Oil Project?
- US troops targeted again in Iraq after retribution airstrikes
- The Best TikTok-Famous Fragrances on PerfumeTok That are Actually Worth the Money
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 2 dead in Mozambique protests over local election results, watchdog says. Police say 70 arrested
- Tammy has redeveloped into a tropical storm over the Atlantic Ocean, forecasters say
- How the Hunger Games Prequel Costumes Connect to Katniss Everdeen
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Ice rinks and Kit Kats: After Tree of Life shooting, Pittsburgh forging interfaith bonds
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Youngkin administration says 3,400 voters removed from rolls in error, but nearly all now reinstated
- 11 Spook-tacular Sales To Shop This Weekend: Aerie, Chewy, Madewell, Nordstrom Rack, Ulta & More
- A 4-year-old fatally shot his little brother in Minnesota. The gun owner has been criminally charged
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- DC Murder suspect who escaped police custody recaptured after seven weeks on the run
- Search for Maine shooting suspect leveraged old-fashioned footwork and new technology
- Lewiston, Maine shooting has people feeling panicked. How to handle your fears.
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Timeline shows Maine suspect moved swiftly to carry out mass shooting rampage and elude police
Mother of hostage held by Hamas fights for son's release while grieving his absence
AP PHOTOS: Devastation followed by desperation in Acapulco after Hurricane Otis rips through
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Mass arrests target LGBTQ+ people in Nigeria while abuses against them are ignored, activists say
Utah Halloween skeleton dancer display creates stir with neighbors
Maine shooting press conference: Watch officials share updates on search for Robert Card