Current:Home > NewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -TradeStation
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-17 22:35:15
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! (7128)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- GOP lawmaker says neo-Nazi comments taken out of context in debate over paramilitary training
- Jelly Roll Reveals Why His Private Plane Had to Make an Emergency Landing
- World War II bunkers built by German army unearthed during nature restoration project in Belgium
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Former gas station chain owner gets Trump endorsement in Wisconsin congressional race
- South Carolina finishes perfect season with NCAA championship, beating Clark and Iowa 87-75
- Air Force contractor who walked into moving propeller had 'inadequate training' when killed
- Intel's stock did something it hasn't done since 2022
- City-country mortality gap widens amid persistent holes in rural health care access
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- UConn freshman Stephon Castle makes Alabama pay for 'disrespect' during Final Four win
- What is the difference between a solar eclipse and a lunar eclipse?
- In second Texas edition, CMT Awards set pays homage to Austin landmark
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Boy trapped and killed after a truck crashes into river in Colorado, sheriff says
- Russian missile strikes on Ukrainian city of Kharkiv leaves at least 6 dead
- 'NCIS: Origins' to Tiva reunited: Here's what's up as the NCISverse hits 1,000 episodes
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Campbell “Pookie” Puckett and Jett Puckett Prove Their Red Carpet Debut Is Fire at CMT Music Awards
Jelly Roll Reveals Why His Private Plane Had to Make an Emergency Landing
Sam Hunt performs new song 'Locked Up' at 2024 CMT Music Awards
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Lainey Wilson Reveals She Got Her Start Impersonating Miley Cyrus at Hannah Montana Parties
Hall of Fame coach John Calipari makes stunning jump from Kentucky to Arkansas
Chioke, beloved giraffe, remembered in Sioux Falls. Zoo animals mourned across US when they die