Current:Home > NewsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -Prime Money Path
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
View
Date:2025-04-16 02:23:53
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! (4)
Related
- Trump wants to turn the clock on daylight saving time
- Holly Madison Reveals Why Girls Next Door Is Triggering to Her
- Texas child only survivor of 100 mph head-on collision, police say
- Women and children are main victims of Gaza war, with 16,000 killed, UN says
- Small twin
- Ancient sword with possible Viking origins and a mysterious inscription found in Polish river
- Why Jacob Elordi Is Worried About Returning for Euphoria Season 3
- Lamar Jackson and Ravens pull away in the second half to beat Texans 34-10 and reach AFC title game
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- 87-year-old scores tickets to Super Bowl from Verizon keeping attendance streak unbroken
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- How Patrick Mahomes Scored the Perfect Teammate in Wife Brittany Mahomes
- As Houthi attacks on ships escalate, experts look to COVID supply chain lessons
- Readers' wishes for 2024: TLC for Earth, an end to AIDS, more empathy, less light
- This was the average Social Security benefit in 2004, and here's what it is now
- Ravens vs. Texans highlights: Lamar Jackson leads Baltimore to AFC championship game
- Green Day reflect on the band's evolution and why they are committed to making protest music
- Two Florida residents claim $1 million prizes from state's cash-for-life scratch-off game
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Ex-Florida GOP party chair cleared in sexual assault probe, but could still face voyeurism charges
Florida under NCAA investigation year after failed NIL deal with QB signee Jaden Rashada
Hey Now, These Lizzie McGuire Secrets Are What Dreams Are Made Of
Rylee Arnold Shares a Long
How to prevent a hangover: hydrate, hydrate, hydrate
Texas A&M reports over $279 million in athletics revenue
Logan Lerman's Birthday Message From Fiancée Ana Corrigan Is Like Lightning to the Heart