Why Anderson Cooper won't inherit any money from his rich mother
Anderson Cooper shared his feelings about his mother cutting him off from her huge family fortune, estimated to be worth almost twice as much as that of the famous CNN journalist.
Anderson Cooper will not be inheriting any great fortune from his rich mother, Gloria Vanderbilt, whose net worth is around $200 million.
According to Shared, Vanderbilt made it clear to her son at a very early age that she wouldn't be sharing any of her inherited wealth with him.
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Cooper's family legacy traces back to an affluent shipping and railroad tycoon, Cornelius Vanderbilt, who was Cooper's great-great-great-grandfather. Currently, Cooper's 94-year-old mother is the only heir to the family's fortune.
Shared quoted Cooper speaking in a radio interview with Howard Stern where he said,
"My mom's made clear to me that there's no trust fund... There's none of that."
The source also pointed out that despite Vanderbilt's resolve not to share her family's fortune with her son, Cooper has no problem with his mother's decision. In fact, he fully supports it.
He claimed during the same interview, as per Shared, that he does not believe in inheriting money. He further deemed it a mere "curse."
The 50-year-old journalist also explained that his life has been better because of not having any family wealth to inherit.
According to Cooper, he is not sure if he "would've been so motivated" in his career and life, had he known there was "some pot of gold waiting" for him, Shared reported.
The celebrity journalist believed that not having a trust fund actually proved advantageous for him.
It encouraged and pushed him to pursue his goals and become the successful media personality that he is today.
Cooper had an interest in media from a very young age. He initially pursued modeling, even working for big brands like Ralph Lauren and Calvin Klein.
However, after his older brother's tragic suicide, Cooper finally decided to pursue journalism, and what a good choice it turned out to be.