Anderson Cooper won't inherit anything from his family's vast $200 million fortune. In case you aren't aware of who the CNN anchor is related to, he's the son of Gloria Vanderbilt, the heiress of railroad magnate, Cornelius Vanderbilt. Cooper's mother is also a world-famous jeans designer.
Business Insider reports Apr. 1 that when Howard Stern interviewed Cooper, he told him his mother made it clear to him there's no trust fund for him. At 90 years of age, Gloria Vanderbilt is worth $200 million.
So, if Anderson Cooper won't inherit any money from his relatives, how does that make him feel?
"I don't believe in inheriting money. I think it's an initiative sucker. I think it's a curse," Cooper told Stern.
Cooper credits the non-greedy person who makes something of themselves without inheritance. He said, "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."
Earning $11 million annually on CNN, Anderson Cooper admits he doesn't need a trust fund.
Anderson Cooper won't inherit a penny, according to what he said his mother told him. That would cause some major resentment in a lot of people, but Cooper Anderson's case he's lucky to have a wonderful career that pays so well.
Copyright © 2014 Heather Tooley
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