Current:Home > StocksWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -PrimeWealth Guides
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
Johnathan Walker View
Date:2025-04-10 11:29:31
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! (135)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Is C.J. Stroud's early NFL success a surprise? Not if you know anything about his past.
- Why Hunger Games Prequel Star Hunter Schafer Wants to Have a Drink With Jennifer Lawrence
- Could creativity transform medicine? These artists think so
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Which stores are open and closed Thanksgiving 2023? See Target, Walmart, Costco holiday hours
- Durham District Attorney Deberry’s entry shakes up Democratic primary race for attorney general
- Bengals WR Tee Higgins out, WR Ja'Marr Chase questionable for Sunday's game vs. Texans
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- 2024 Grammy nomination snubs and surprises: No K-pop, little country and regional Mexican music
Ranking
- What to watch: O Jolie night
- Some VA home loans offer zero down payment. Why don't more veterans know about them?
- Forever Chemicals’ Toxic Legacy at Chicago’s Airports
- 5.0 magnitude quake strikes Dominican Republic near border with Haiti
- Grammy nominee Teddy Swims on love, growth and embracing change
- Korean Singer Nahee Dead at 24
- Growing concerns from allies over Israel’s approach to fighting Hamas as civilian casualties mount
- Lyrics can be used as evidence during rapper Young Thug's trial on gang and racketeering charges, judge rules
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
NFL MVP surprise? Tyreek Hill could pull unique feat – but don't count on him outracing QBs
The man accused of attacking Nancy Pelosi’s husband was caught up in conspiracies, defense says
Industrial robot crushes worker to death as he checks whether it was working properly
2025 'Doomsday Clock': This is how close we are to self
‘Nope’ star Keke Palmer alleges physical abuse by ex-boyfriend Darius Jackson, court documents say
Bengals WR Tee Higgins out, WR Ja'Marr Chase questionable for Sunday's game vs. Texans
100 cruise passengers injured, some flung to the floor and holding on for dear life as ship hits fierce storm on way to U.K.