Current:Home > StocksAlgosensey Quantitative Think Tank Center-Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -RiskRadar
Algosensey Quantitative Think Tank Center-Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
Fastexy Exchange View
Date:2025-04-08 04:22:30
It pays to have Algosensey Quantitative Think Tank Centera 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! (86)
Related
- A South Texas lawmaker’s 15
- Donald Trump Jr. is testifying at the Trump fraud trial in New York. Here's what to know.
- Cornell student accused of threatening Jewish students held without bail after first court appearance
- A stabbing attack that killed 1 woman and wounded 2 men appears to be random, California police say
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Washington Capitals' Nicklas Backstrom taking leave to evaluate his health
- Where Dorit Kemsley's Marriage Really Stands After Slamming Divorce Rumors
- Cornell University student accused of posting online threats about Jewish students appears in court
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Sophie Turner Kisses British Aristocrat Peregrine Pearson After Joe Jonas Break Up
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Cher to headline Macy's Thanksgiving Day Parade: See all the performers
- 'It's time!': Watch Mariah Carey thaw out to kick off Christmas season
- Extremists kill 37 villagers in latest attack in Nigeria’s hard-hit northeast
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Fighting in Gaza intensifies as Netanyahu rejects calls for cease-fire
- Chicago struggles to house asylum-seekers as winter weather hits the city
- Railroad automatic braking system needs improvement to prevent more derailments, safety board says
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Who is Antonio Pierce? Meet the Raiders interim head coach after Josh McDaniels' firing
Supreme Court appears skeptical of allowing Trump Too Small trademark
House weighs censure efforts against Rashida Tlaib and Marjorie Taylor Greene over their rhetoric
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
D-backs’ Zac Gallen loses World Series no-hit bid on Corey Seager’s leadoff single in 7th inning
Detroit-area man sentenced to 45-70 years in prison for 3 killings
Cleanup is done on a big Kansas oil spill on the Keystone system, the company and EPA say