Current:Home > MyWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -GrowthInsight
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-15 23:54:15
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! (93)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Here's the Truth About Raquel Leviss Visiting Tom Sandoval's Home
- Ulta 24-Hour Flash Sale: Take 50% Off Clinique, Urban Decay, Dermablend, Dermalogica, PMD, and Exuviance
- First Daughter Ashley Biden Reveals Her Mantra For Dealing with Criticism of Her Family
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Why Up Fans Are Heated Over New Pixar Short Carl’s Date
- The Real Housewives of Atlanta's Kim Zolciak-Biermann Returns in Epic Season 15 Trailer
- Transcript: House Minority Leader Hakeem Jeffries on Face the Nation, May 28, 2023
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- See Matt Damon's Rare Night Out With His All-Grown Up Kids and Wife Luciana Barroso
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- See Chrishell Stause, G Flip and More Stars at the GLAAD Media Awards 2023 Red Carpet
- Real Housewives Star Candiace Dillard Bassett Shares Sweat-Proof Beauty Tips, Acne Hacks, and More
- Russia issues arrest warrant for Sen. Lindsey Graham
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- 20 Egg-Cellent Easter Basket Gifts That Aren't Candy
- Prom Dresses Under $100: 23 On-Trend Styles Worthy of a Viral Moment
- Chinese fighter jet harassed U.S. Air Force spy plane over South China Sea
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
See Chrishell Stause, G Flip and More Stars at the GLAAD Media Awards 2023 Red Carpet
Hilary Duff’s Son Luca Comrie Is All Grown Up in Rare Outing in London
Russia claims to repel invasion from Ukraine as 9-year-old girl, 2 others killed in latest attack on Kyiv
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Tom Brady Shares Glimpse Inside Beach Day With His 3 Kids and NFL BFFs
Tom Cruise and Nicole Kidman's Daughter Bella Shows Off Hair Transformation in Rare Selfie
Paralyzed man walks again using implants connecting brain with spinal cord