Anderson Cooper comes from American royalty but says he won’t ever see part of the Vanderbilt family’s lavish fortune and he’s totally okay with that.
All of this became headlines in a recent Howard Stern Interview with Cooper that uncovered his first-time disclosure about being disinherited and why he really doesn't care about his $200 million inheritance.
According to a Shared report, Gloria Vanderbilt, Cooper’s mother, is a scion of those railroad-building Vanderbilts and also amassed her own sizable pot of money by pioneering designer jeans and perfume in the '80s.
While Cooper had a privileged upbringing in Manhattan, the Yale grad has mentioned he was unfazed by his wealthy background. 'My mom's made clear to me that there's no trust fund,' he told Stern on his radio show. 'There's none of that.'
Regardless of Mom's decision, 'I don't believe in inheriting money,' Cooper said. 'I think it's an initiative sucker and a curse.' So he's far from bothered that his famous heiress mom has told him he doesn't stand to inherit her fortune. In fact, he sounds relieved.
Cooper explained, 'Who has inherited a lot of money that has gone on to do things in their own life? From the time I was growing up, if I felt that there was some pot of gold waiting for me, I don't know that I would've been so motivated.'
And the star took initiative at a young age, working as early as age 11 or 12 as a child model for brands like Ralph Lauren and Calvin Klein. In addition, Cooper saved money from lemonade stands and worked as a waiter in high school.
Today, the reputable journalist has become a household name on his own. The CNN personality was nicknamed the ‘Silver Fox’ by fans; he reportedly rakes in $11 million a year through his contact with the network.
Cooper called his mother, 'The coolest person I know;' and he also praised her for implanting within him a great work ethic. And, he continued to say if he should ever become a father someday, he would likely follow in her footsteps.