Current:Home > reviewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -WealthSphere Pro
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-18 22:22:06
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! (3635)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Zoë Kravitz says Beyoncé was 'so supportive' of that 'Blink Twice' needle drop
- 10-foot python found during San Francisco Bay Area sideshow bust
- 'Bachelorette' heads to Hawaii for second-to-last episode: Who's left, how to watch
- All That You Wanted to Know About She’s All That
- Indianapolis man, 19, convicted of killing 3 young men found dead along a path
- Police officers are starting to use AI chatbots to write crime reports. Will they hold up in court?
- Olympic star Mondo Duplantis breaks pole vault world record again, has priceless reaction
- $73.5M beach replenishment project starts in January at Jersey Shore
- Emily in Paris Season 4’s Part 2 Trailer Teases New Love and More Drama Than Ever Before
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- NASCAR driver Josh Berry OK after scary, upside down collision with wall during Daytona race
- Mormon Wives Influencers Reveal Their Shockingly Huge TikTok Paychecks
- Hurricane Hone sweeps past Hawaii, dumping enough rain to ease wildfire fears
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Aaron Judge becomes MLB's first player this season to hit 50 homers
- How cozy fantasy books took off by offering high stakes with a happy ending
- Hailey and Justin Bieber reveal birth of first baby: See the sweet photo
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Loretta Lynn's granddaughter Lynn Massey dies after 'difficult' health battle
Captain of Bayesian, Mike Lynch's sunken superyacht, under investigation in Italy
Florida State's flop and Georgia Tech's big win lead college football Week 0 winners and losers
This was the average Social Security benefit in 2004, and here's what it is now
Polaris Dawn civilian crew prepares to head to orbit on SpaceX craft: How to watch
Lake Mary, Florida, rallies to beat Taiwan 2-1 in 8 innings to win Little League World Series title
Foo Fighters will donate to Kamala Harris after Trump used their song 'My Hero'