Current:Home > MarketsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -ChatGPT
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-17 07:52:03
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! (228)
Related
- Travis Hunter, the 2
- This Program is Blazing a Trail for Women in Wildland Firefighting
- Britney Spears Files Police Report After Being Allegedly Assaulted by Security Guard in Las Vegas
- Text scams, crypto crackdown, and an economist to remember
- What do we know about the mysterious drones reported flying over New Jersey?
- When an Oil Well Is Your Neighbor
- Sky-high egg prices are finally coming back down to earth
- Pretty Little Liars' Lindsey Shaw Details Getting Fired Amid Battle With Drugs and Weight
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- In Pivotal Climate Case, UN Panel Says Australia Violated Islanders’ Human Rights
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Kate Middleton and Prince William Show Rare PDA at Polo Match
- 'Los Angeles Times' to lay off 13% of newsroom
- CEO Chris Licht ousted at CNN after a year of crisis
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Sky-high egg prices are finally coming back down to earth
- Candace Cameron Bure Responds After Miss Benny Alleges Homophobia on Fuller House Set
- Is the debt deal changing student loan repayment? Here's what you need to know
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Britney Spears Condemns Security Attack as Further Evidence of Her Not Being Seen as an Equal Person
Study Finds that Mississippi River Basin Could be in an ‘Extreme Heat Belt’ in 30 Years
Journalists at Gannett newspapers walk out over deep cuts and low pay
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Fixit culture is on the rise, but repair legislation faces resistance
The U.S. added 339,000 jobs in May. It's a stunningly strong number
Why Danielle Jonas Sometimes Feels Less Than Around Sisters-in-Law Priyanka Chopra and Sophie Turner