Current:Home > ScamsWhy RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -DollarDynamic
Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
Will Sage Astor View
Date:2025-04-10 02:06:23
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! (86162)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- 2024 Emmys: Pommel Horse Star Stephen Nedoroscik Keeps Viral Olympics Tradition Alive Before Presenting
- Lawsuit says Alabama voter purge targets naturalized citizens
- Bridgerton Season 4 Reveals First Look at Luke Thompson and Yerin Ha as Steamy Leads
- 2 killed, 3 injured in shooting at makeshift club in Houston
- All 4 dead aboard plane after weekend crash near runway in rural Alaska
- A rough Sunday for some of the NFL’s best teams in 2023 led to the three biggest upsets: Analysis
- Baby Reindeer’s Nava Mau Reveals the Biggest Celeb Fan of the Series
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- America’s Got Talent Alum Emily Gold Dead at 17
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Police fatally shoot a person while serving an arrest warrant in Mississippi
- Trump was on the links taking a breather from the campaign. Then the Secret Service saw a rifle
- Can noncitizens vote in Pennsylvania elections?
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- A Kentucky lawmaker has been critically injured in lawn mower accident
- Model Bianca Balti Shares Ovarian Cancer Diagnosis
- Why There Were 2 Emmy Awards Ceremonies in 2024
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Man suspected in apparent assassination attempt on Trump charged with federal gun crimes
Two ex-fire chiefs in New York City charged in corruption scandal
Anna Kendrick Says A Simple Favor Director Paul Feig Made Sequel “Even Crazier”
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Why Kourtney Kardashian Has No Cutoff Age for Co-Sleeping With Her Kids
Shooting leaves 1 dead in Detroit at popular tailgating location after Lions game, police say
Tito Jackson of The Jackson 5 Dead at 70