Friday, April 4, 2014
Anderson Cooper will not be receiving an inheritance from his 90-year-old mother Gloria Vanderbilt, a railroad heiress-turned-successful jeans designer worth a reported $200 million. And Cooper is okay with this, saying “I don't believe in inheriting money. I think it's an initiative sucker. I think it's a curse." Not that Cooper is in need of the money. He makes a reported $11 million a year with his CNN contract.
See Aly Weisman, Anderson Cooper Won’t Inherit a Dime from Mom Gloria Vanderbilt’s $200 Million Fortune, Business Insider, Apr. 1, 2014.
Special thanks to Laura Galvan (Attorney, San Antonio, Texas) for bringing this article to my attention.