Current:Home > FinanceWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -TradeWisdom
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-18 14:55:56
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! (51745)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Why Daisy Jones and The Six's Sam Claflin and His Male Co-Stars Were Completely Covered in Makeup
- Vanderpump Rules' Tom Sandoval and Ariana Madix Break Up
- Macklemore Details What Led to His “Very Painful” Relapse
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Hurry, These Coach Outlet Extra 20% Off Clearance Sale Deals Are Selling Out Fast
- This Iconic Tarte Concealer Sells Once Every 12 Seconds and It’s on Sale for 30% Off
- Why Tarek and Heather Rae El Moussa’s New Show is Not a Flip or Flop Redux
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Matthew Lawrence Gushes About Relationship With Amazing Chilli After Cheryl Burke Divorce
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- Everything We Know About the Mean Girls Musical Movie
- You’ll Love Justin Timberlake’s Tribute to “Badass” Jessica Biel—This We Promise You
- The Voice Preview: See Blake Shelton Hit His Buzzer for the Last Time on Season 23
- Trump issues order to ban transgender troops from serving openly in the military
- Allison Holker Shares Moving Message to Her 3 Kids After Stephen tWitch Boss' Death
- Iraqi journalist who threw shoes at George W. Bush says his only regret is he only had two shoes
- Return to Amish: Meet the 20-Year-Old Trying to Become the First Amish College Basketball Player
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Israeli prime minister fires defense minister, sparking mass protests
Nickelodeon Kids' Choice Awards 2023 Red Carpet Fashion: See Every Look
Senior Israeli official blasted as racist for saying there's no such thing as a Palestinian nation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Haiti gang wars have claimed more than 530 lives so far this year alone, U.N. says
Alex Murdaugh Sentenced to Life in Prison for Murdering Wife and Son
You’ll Love Justin Timberlake’s Tribute to “Badass” Jessica Biel—This We Promise You