News anchor Anderson Cooper has a net worth of $200 million, according to Celebrity Net Worth. Anderson . She never developed a thick skin to protect herself from hurt., A post shared by andersoncooper (@andersoncooper), She wanted to feel it all. He did not have the best reputation as a father and did not train his children to manage their familys wealth. 1, again. "What Ive seen from other parents is that they dont want to provide too much money that theytake away their childs sense of purpose," Debra Radway,a certified financial planner, trustee and investment advisor withRadway Advisory Services LLC, tells USA TODAY. A descendant of railroad tycoon Cornelius Vanderbilt, Gloria was born into one of Americas wealthiest families, with a $2.5 million trust fund (equivalent to $35 million today). Celebrity offspring may have hit the genetic jackpot, but these kids wont inherit a pot of gold. All rights reserved. He came to realize that he had a house, horse, and pictures, but the moderately well-off people also have them. Cooper, 54, opened up during the most recent . Cooper's net worth is largely derived from his career in journalism, which dates back to 1992. Related Reading: How To Make 200 Dollars In One Day Read All The Ways Here. As a result, he was able to build something on his own, keeping the Vanderbilt legacy behind the scenes until it really didn't matter any more. All he would have needed to do is refuse the money when her executors hand it over. At the time of his death, Vanderbilt had a massive net worth which is today's equivalent of $185 billion after adjusting for . Sitemap, Your California Privacy Rights "I don't believe in inheriting money. His eagerness to earn his own millions is a testament to his personal brand. His neighbors house didnt cost as much as his. He was born in Manhattan, New York, the younger son of author Wyatt Emory Cooper and. (Full inbox? That would be around 70 million dollars by now. He signed a new long-term deal to remain at the news network, although would continue to fill in on the program as well as contribute several pieces for CBSs 60 Minutes each season. Anderson Cooper, Ashton Kutcher,Marie Osmond, Simon Cowell,and more starshavetheir own reasoning to not leave their fortunes behind, arguing that passing down large sums of wealth can be harmful rather than helpful. The house itself is around 170,000 square feet big that costs a whopping $5 million to construct. 33 Popular TV Shows With the Highest-Paid Casts, How Rich Is Anderson Cooper? And theyll never know it because this is the only one that theyll know," Kutcher said on Dax Shepard's Armchair Expert podcast. Brooks is a firm believer in creating multiple streams of income and creates content here onBrooksConkle.comto help other hustlers in the areas of marketing, online business, personal finance, and real estate. Every item on this page was chosen by a Town & Country editor. Also, unrenovated since 1997, when Ms. Vanderbilt moved in, it needs a total rehab. It sold in a mere few months after hitting the market. It wasnt initially clear how much Cooper would receive, but it was assumed to be sizable given online reports about her net worth. In June of 2019, heiress and fashion icon Gloria Vanderbilt passed away. Gloria inherited the equivalent of $33 million in 1925 and family wrangling over the trust eventually accelerated her control of a bigger share. The estate opened its doors three years later with a total cost of 3 million dollars to build. Cooper's net worth before the inheritance has been estimated at more than $100 . Arranged marriages turned them into unhappy couples. RELATED: Michael Jacksons Hyperbaric Oxygen Chamber Found 10 Years After His Death, If Cooper does accept the huge inheritance, it will be much different from what he told Howard Stern in 2014. Life is one giant adventure. Imagine how big and beautiful this house is when you are visiting it. "My mom's made clear . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. At that time, New York elites did not generally accept Vanderbilts fortune because it newly emerged. She wanted to feel lifes pleasures, its pains as well. As he puts it,his branch of the Vanderbilt dynasty no longer considers inherited money anything but a curse" that drags kids down and wastes adult lives. Unless anyone can come forward and document Gloria Vanderbilts current net worth, its quite possible that Anderson Cooper is not in line for a vast trust fund because the money itself is just not there. Sooner or later, Gloria is going to die and the money left behind will go somewhere. Vanderbilts will states that her eldest son, Leopold Stan Stokowski, will get her Midtown co-op at 30 Beekman Place which is valued at $1.2 million, but all the rest of her estate goes to the CNN host. Anderson Cooper earns $15 Million salary from CNN. I think she got tired of all the moving, and she decided to burrow into this place and just work on it.. Were exes, but were family to each other, and we love each other as family and as co-parents, Cooper told People. So, he gave his wealth to his two sons equally. In her late 70s heyday, Gloria was only earning $1.2 million or so a year on the clothes. Its too early to tell what his financial philosophy as a parent will be. Cooper has hosted CNNs New Years Eve Live since 2002 and has appeared alongside Andy Cohen since 2017. ", Highest-paid actors of 2020: Dwayne Johnson is No. The CNN anchor just announced the birth of his son. If youre looking for money-making ideas, youll find them here. He has a massive net worth. 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Vanderbilt had an estimated net worth of $200 million at the time of her death, meaning Cooper is now really fucking rich, considering his net worth was already estimated at around $100 million. 6. In 2007, he signed a multi-year deal with CNN that would also allow him to continue to occasionally contribute as a correspondent for 60 Minutes on CBS. Cooper is a descendant of the Vanderbilt, the millionaire's family. No, you wanna be able to stand on your own two feet and say, 'I did that.' You can email the site owner to let them know you were blocked. The Vanderbilt family fortune was once equal to $185 billion. But the people who built it were as good as his. He can even set a plan for the Vanderbilt familys future generations but ruined the chance to do so. William Vanderbilt said these words when he was still the richest man in the world. Sting has two children with ex-wife Frances Tomelty Joseph, 44, andFuchsia Katherine, 39 and four children with current wifeTrudie Styler: Mickey, 37,Jake, 36, Eliot, 31,and Giacomo, 25. By 1995, Cooper was hired as a correspondent by ABC News en route to becoming the co-anchor of World News Now. He left in 2000 to host The Mole on ABC, but returned to news in January 2002, prompted by the Sept. 11, 2001, terrorist attacks. Related Reading: Advantages & Disadvantages Of A Corporation - Read My Opinion Here. May 14, 2020. According to celebrity net worth, Anderson is worth $200 million. He added, "People make assumptions, that they were born with a silver spoon in their mouth, but they have not been given a lot.". All Rights Reserved. The 52-year-old news personality is in no dire need of money since Anderson Cooper has a net worth of $100 million, and that is before the massive inheritance from his wealthy mother. The heiress and socialite died on June 17 from stomach cancer at the age of 95. I think it's an initiative sucker. My moms made clear to me that theres no trust fund. As one of the highest-paid people on television -- $11 million a year -- he effectively writes his own ticket. Most people need to work to feel fulfillment in life.". With the acceptance from wealthy families, other Vanderbilts wanted the same status. ", He added, "I dont want them to say, 'Thanks, dad, for making me rich.' [This is wild to me sliiiggghhtttly more cash than I have, but then again, my goal is a life of flexibility and adventure]. Scenario 2: Everything Goes to Charity. My mothers made clear to me theres no trust fund, he told Howard Stern in 2014, prior to his moms death in 2019, and he explained why he was grateful there wasnt. Our mission at STYLECASTER is to bring style to the people, and we only feature products we think youll love as much as we do. The said party cost 5.8 million dollars in todays value. When heiress Gloria Vanderbilt died leaving almost everything in her will to her youngest son, Anderson Cooper, there were suggestions that he could inherit up to $200 million. He established his wealth years before Vanderbilt started. While the couple is no longer together (they split in 2018), they remain the best of friends and co-parent their two boys successfully. The next generations of the Vanderbilt family, The Commodores grandchildren and great-grandchildren, started building large estates using their riches. The house is on private land that was 10 square miles big. Updated on: December 13, 2022 by Federick Brown. See Also: Chet Hanks - Bio, Daughter, Girlfriend, Wife, Net Worth, Baby Mama, Parents. That wealth is largely derived from his career in journalism, which dates back to 1992.. The fortune that The Commodore made during his life and passed down to his children went down the drain. If we equate that to todays value, its still significant as it amounts up to billions of dollars. Anderson Cooper is raking in $11 million a year from CNN and routinely donates book and appearance fees to charity. However, probate documents filed after the socialites death in June reveal that Cooper will actually receive less than $1.5 million the total value of her estate at the time of her death. 99,723, This story has been shared 82,432 times. Anderson Cooper has claimed for years that he isn't getting a dime of his mother Gloria Vanderbilt's money, which could add up to $200 million depending on how it's been invested and how much is left. The Vanderbilts rarely used any of these properties, just for a few weeks each year as their summer home. He joined CNN in 2001 anchoring alongside Paula Zahn on American Morning and a year later became the weekend prime-time anchor for the network. Another probable reason is that he left a large part of his wealth to only one of his children. , Cooper examined the history of his family on his mothers side, chronicling how their massive fortune had dwindled to almost nothing by the time it fell to Coopers mother Gloria. He joined CNN in 2001, anchoring alongside Paula Zahn on "American Morning." In 2002, he became CNN . If the channel interferes with that brand, he'll take the show elsewhere. And for the following years, William Henry Vanderbilts children spent almost all of the fortune he made from The Commodores inheritance. Chris Cooper net worth: Chris Cooper is an American actor who has a net worth of . Anderson Cooper Net Worth - $200 million. But perhaps he'll donate the money, having previously said, "I don't believe in inheriting money. "If you leave hundreds and millions of dollars to a child,there is a potential (they won't) have work ethic and will sit around living off the money," Radwaysays. Gloria Vanderbilt was said to have a net worth of $200 million, although the exact amount has never been revealed. Despite this, Alva was unstoppable. That wealth is largely derived from his career in journalism, which dates back to 1992.. At present, some of these large houses are available for the public to tour. But the business faded, and she reportedly continued to spend lavishly on philanthropic and personal pursuits. ", The journalist continued, "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.". 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Online Anderson Cooper Reveals Why He Won't Leave His Son a "Huge" Inheritance Despite being the son of heiress Gloria Vanderbilt, Anderson Cooper grew up knowing her fortune was not his. Do Not Sell My Personal Information, Anderson Cooper tearfully says goodbye to mom Gloria Vanderbilt, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), The Doobie Brothers announce 50th Anniversary Tour: Get tickets today, The 7 best home saunas of 2023, with expert tips on how to shop, This 2021 iPad is at its lowest price ever on Amazon, Save over $1,100 on this 65" LG Smart TV today on Amazon, The viral lululemon Everywhere Belt Bag is back in stock UPDATED. Item on this page worth before the inheritance has been shared 82,432 times Vanderbilt said words. Brand, he gave his wealth to only one of his son a division Gannett. That theres no trust fund ideas, youll find them Here Mama, Parents man in world! 1997, when Ms. Vanderbilt moved in, it needs a total rehab even set a for... And great-grandchildren, started building large estates using their riches, opened up the! 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