Current:Home > NewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -AdvancementTrade
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-18 01:30:12
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! (8)
Related
- South Korean president's party divided over defiant martial law speech
- It's a global climate solution — if it can get past conspiracy theories and NIMBYs
- Muslims in Kenya protest at Supreme Court over its endorsement of LGBTQ right to associate
- Fear of failure gone, Clayton Kershaw leads Dodgers into playoffs — possibly for last time
- DoorDash steps up driver ID checks after traffic safety complaints
- As HOAs and homeowners spar over Airbnb rules, state Supreme Court will weigh in
- $1.4 billion Powerball jackpot prize up for grabs
- Drop boxes have become key to election conspiracy theories. Two Democrats just fueled those claims
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Man found guilty of murder in deaths of 3 neighbors in Portland, Oregon
Ranking
- Travis Hunter, the 2
- Jason and Kylie Kelce's Adorable Family Photos Prove They're the Perfect Team
- Guns N' Roses moves Arizona concert so D-backs can host Dodgers
- Former Texas officer charged with murder in California hit-and-run, prosecutors say
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Japan auteur Yamada sticks to exploring the human condition after 90 films
- Vermont’s flood-damaged capital is slowly rebuilding. And it’s asking tourists and residents to help
- 'Horrific': Over 115 improperly stored bodies found at Colorado funeral home
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
The Shocking Saga of Gypsy Rose Blanchard and the Murder of Her Mother
2nd suspect arraigned in shooting that claimed life of baby delivered after mother was shot on bus
50 Cent, ScarLip on hip-hop and violence stereotype: 'How about we look at society?'
$73.5M beach replenishment project starts in January at Jersey Shore
Travis Kelce's hometown roots for Taylor Swift, but is more impressed by his 'good heart'
UN expert: Iran is unlawfully detaining human rights activists, including new Nobel peace laureate
Nearly 1,000 migrating songbirds perish after crashing into windows at Chicago exhibition hall