Current:Home > ScamsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -GrowthSphere Strategies
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-13 13:27:11
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! (4)
Related
- The Best Stocking Stuffers Under $25
- What to know about the Secret Service’s Counter Sniper Team
- Taylor Swift sings 'I'm falling in love again' for second time to boyfriend Travis Kelce
- 'We are so proud of you': 3 pre-teens thwart man trying to kidnap 6-year-old girl
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Bob Newhart, sitcom star and deadpan comedy legend, dies at 94
- Will Smith and Johnny Depp Seen on Yacht Trip Together
- Recalled mushroom chocolates remain on some store shelves despite reported illnesses
- This was the average Social Security benefit in 2004, and here's what it is now
- 'The View' co-host Whoopi Goldberg defends President Joe Biden amid his third COVID diagnosis
Ranking
- The White House is cracking down on overdraft fees
- Shoppers spent $14.2 billion during Amazon's Prime day: Here's what they bought
- Mississippi can wait to reset legislative districts that dilute Black voting strength, judges say
- Michael Strahan’s Daughter Isabella Strahan Celebrates Being Cancer-Free
- DoorDash steps up driver ID checks after traffic safety complaints
- Bob Newhart mourned by Kaley Cuoco, Judd Apatow, Al Franken and more
- TikToker Tianna Robillard Accuses Cody Ford of Cheating Before Breaking Off Engagement
- Canadians say they're worried a U.S. company may be emitting toxic gas into their community
Recommendation
Meta donates $1 million to Trump’s inauguration fund
The winner in China’s panda diplomacy: the pandas themselves
Anthony Hopkins' new series 'Those About to Die' revives Roman empire
Republicans emerge from their convention thrilled with Trump and talking about a blowout victory
A White House order claims to end 'censorship.' What does that mean?
Georgia Democrats sue to overturn law allowing unlimited campaign cash, saying GOP unfairly benefits
TNT honors Shannen Doherty with 'Charmed' marathon celebrating the 'best of Prue'
Donald Trump's Granddaughter Kai Trump Gives Rare Insight on Bond With Former President