Current:Home > NewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -AssetTrainer
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-27 18:57:01
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! (3)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Jimmy Kimmel shows concern (jokingly?) as Mike Tyson details training regimen
- Judge to approve auctions liquidating Alex Jones’ Infowars to help pay Sandy Hook families
- FBI: Son of suspect in Trump assassination attempt arrested on child sexual abuse images charges
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- NFL power rankings Week 4: Which 3-0 teams fall short of top five?
- Home address of Detroit Lions head coach posted online following team’s playoff loss
- Sean “Diddy” Combs Moved Into Same Jail Housing Unit as Disgraced Exec Sam Bankman-Fried
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- A's owner John Fisher's letter sparks inspired news anchor response
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Why does Ozempic cost so much? Senators grilled Novo Nordisk CEO for answers.
- Democrats are becoming a force in traditionally conservative The Villages
- JoJo Siwa's glittery jockstrap and chest plate outfit prompts mixed reactions
- The company planning a successor to Concorde makes its first supersonic test
- Marvel Studios debuts 'Thunderbolts' teaser trailer, featuring Florence Pugh and co-stars
- Sean “Diddy” Combs Moved Into Same Jail Housing Unit as Disgraced Exec Sam Bankman-Fried
- In effort to refute porn-site message report, Mark Robinson campaign hires a law firm
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Why Madonna's Ex Jenny Shimizu Felt Like “a High Class Hooker” During Romance
Park service searches for Yellowstone employee who went missing after summit of Eagle Peak
Almost all small businesses are using a software tool that is enabled by AI
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Sean “Diddy” Combs Moved Into Same Jail Housing Unit as Disgraced Exec Sam Bankman-Fried
US company accuses Mexico of expropriating its property on the Caribbean coast
A snowmobiler who crashed into a parked Black Hawk helicopter is awarded $3 million