Current:Home > FinanceBurley Garcia|Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday -WealthSync Hub
Burley Garcia|Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
SafeX Pro Exchange View
Date:2025-04-10 13:39:44
It pays to have Burley Garciaa 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! (34)
Related
- Meta releases AI model to enhance Metaverse experience
- Central European interior ministers agree to step up fight against illegal migration at EU borders
- Texas' new power grid problem
- Fighting the good fight against ALS
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Vanderpump Rules Alum Kristen Doute Shares She Had a Miscarriage
- Colorado's Shedeur Sanders was nation's most-sacked QB. He has broken back to show for it.
- Amazon is using AI to deliver packages faster than ever this holiday season
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 5-year-old girl dies, search suspended for man swept out by California wave: Coast Guard
Ranking
- Arkansas State Police probe death of woman found after officer
- Horoscopes Today, November 26, 2023
- Crocodile egg hunter dangling from helicopter died after chopper ran out of fuel, investigation finds
- Sister Wives' Janelle and Christine Brown Respond to Kody’s Claim They're Trash Talking Him
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Taylor Swift Subtly Supports Travis Kelce’s Record-Breaking Milestone
- A Dutch museum has sent Crimean treasures to Kyiv after a legal tug-of-war between Russia, Ukraine
- Nebraska woman kills huge buck on hunting trip, then gets marriage proposal
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
2 men exonerated for 1990s NYC murders after reinvestigations find unreliable witness testimony
US closes border crossing to vehicles and limits traffic at another in response to illegal entries
Before dying, she made a fund to cancel others' medical debt — nearly $70m worth
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Lulus' Cyber Monday Sale 2023: Save Up to 90% Off Buzzworthy Dresses, Accessories & More
Late Show’s Stephen Colbert Suffers Ruptured Appendix
US economy doing better than national mood suggests. What to consider.