Current:Home > ContactWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -StockPrime
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-13 03:21:27
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! (636)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- The FAA is tightening oversight of Boeing and will audit production of the 737 Max 9
- EPA proposes a fee aimed at reducing climate-warming methane emissions
- 'Ran into my house screaming': Woman wins $1 million lottery prize from $10 scratch-off
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Mike Tomlin pushing once-shaky Steelers to playoffs is coach's best performance yet
- House Republicans shy away from Trump and Rep. Elise Stefanik's use of term Jan. 6 hostages
- Truck driver sentenced to a year in prison for crash that killed New Hampshire trooper
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Supreme Court agrees to hear Starbucks appeal in Memphis union case
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Live updates | Israel rejects genocide case as Mideast tensions rise after US-led strikes in Yemen
- Kaley Cuoco hid pregnancy with help of stunt double on ‘Role Play’ set: 'So shocked'
- Lawmakers investigating UAPs, or UFOs, remain frustrated after closed-door briefing with government watchdog
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- CVS closing select Target pharmacies, with plans to close 300 total stores this year
- Family sues school district over law that bans transgender volleyball player from girls’ sports
- Mass shooting at Buffalo supermarket now Justice Department’s first death penalty case under Garland
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
As a new generation rises, tension between free speech and inclusivity on college campuses simmers
Demi Moore Shares Favorite Part of Being Grandma to Rumer Willis' Daughter Louetta
A Proud Boys member who wielded an axe handle during the Capitol riot gets over 4 years in prison
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Navy helicopter crashes into San Diego Bay, all 6 people on board survive
U.S. warns of using dating apps after suspicious deaths of 8 Americans in Colombia
Patriots hire Jerod Mayo as coach one day after split with Bill Belichick