Anderson Cooper Won't Inherit His Mother Gloria Vanderbilt's Fortune. Here's Why
Anderson Cooper's mother Gloria Vanderbilt is the great-great-granddaughter of railroad tycoon Cornelius Vanderbilt and an Instagram sensation in her own right. The 93-year-old is also reportedly worth $200 million, likely thanks to an inheritance bolstered by her successful jeans business.
But Cooper says he won't see any of it.
Anderson Cooper and his mother, Gloria Vanderbilt
"My mom's made clear to me that there's no trust fund," Cooper once told Howard Stern in a radio interview first reported by Business Insider. "There's none of that."
"I don't believe in inheriting money," Cooper explained. "I think it's an initiative sucker. I think it's a curse."
The 50-year-old said, "From the time I was growing
But with five Emmy wins, a GLAAD Media Award, and a Peabody under his belt, the television personality is doing fine on his own, thank you very much.
According to celebritynetworth.com, he makes $11 million a year and is worth about $100 million.
If nothing else, it's definitely a nice nest egg for his new hobby of art collecting.
This story originally appeared on Townandcountrymag.com.
* Minor edits have been made by the Townandcountry.ph editors.