Current:Home > reviewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -Zenith Investment School
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-11 18:02:10
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
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Chicagoland mansion formerly owned by R. Kelly, Rudolph Isley, up for sale. See inside
- Judge in Trump's 2020 election case delays March 4 trial date
- Jack Antonoff & Margaret Qualley Have A Grammy-Nominated Love Story: Look Back At Their Romance
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Grammys 2024: Taylor Swift, Dua Lipa, Victoria Monét and More Best Dressed Stars on the Red Carpet
- Workers safe after gunmen take hostages at Procter & Gamble factory in Turkey in apparent protest of Gaza war
- Newspaper heiress Patty Hearst was kidnapped 50 years ago. Now she’s famous for her dogs
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Abortion access on the ballot in 2024
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Arab American leaders urge Michigan to vote uncommitted and send message to Biden about Israel policy
- Why Miley Cyrus Nearly Missed Her First-Ever Grammy Win
- New cancer cases to increase 77% by 2050, WHO estimates
- See you latte: Starbucks plans to cut 30% of its menu
- Neighborhood Reads lives up to its name by building community in Missouri
- Harry Edwards, civil rights icon and 49ers advisor, teaches life lessons amid cancer fight
- Lindsay Lohan Reveals Son Luai's Special Connection to Stephen and Ayesha Curry
Recommendation
What to watch: O Jolie night
Kandi Burruss Leaving The Real Housewives of Atlanta After 14 Seasons
Detroit man dies days after being mauled by three dogs, wife says
Mahomes’ father arrested on DWI suspicion in Texas as Chiefs prepare to face 49ers in the Super Bowl
Why members of two of EPA's influential science advisory committees were let go
Alix Earle Makes 2024 Grammys Debut After Forgetting Shoes
Ayo Edebiri confronts Nikki Haley, 'SNL' receives backlash for cameo
Dylan Sprouse Reveals the Unexpected Best Part of Being Married to Barbara Palvin