Anderson Cooper won't inherit any of of his mother's fortune. Who is his mother? Not many know that the CNN news anchor and host is the son of Gloria Vanderbilt. Yes, the Vanderbilt behind the jeans, and she has a fortune worth millions. On April 1, The Blaze shared Cooper's thoughts on the fact that he won't inherit any of those millions from his mother. There is no trust fund.
Cooper spoke about the lack of trust fund this morning on Howard Stern. He was open about his mother's choice. In fact, he was glad about it. He said the following this morning:
I don’t believe in inheriting money. I think it’s an initiative sucker. I think it’s a curse. Who has inherited a lot of money that has gone on to do things in their own life?
Cooper does not want her money. He makes $11 million a year as an anchor for CNN. That doesn't compare to the fortune his mother has, but it makes it so he doesn't really need any of his mother's money.
He also told Stern that knowing he had that money coming to him would have given him less motivation to work hard for his own money. What do you think? Would the millions in a trust fund change anything if you were in his shoes?