Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Friday, April 4, 2014

No Inheritance for Anderson Cooper

Anderson_Cooper

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.  

http://lawprofessors.typepad.com/trusts_estates_prof/2014/04/no-inheritance-for-anderson-cooper.html

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