And to think, I traveled to Guatemala for six weeks on less money than it cost me to live at home in Alabama. Sunday Morning Anderson Cooper on the Vanderbilt dynasty September 19, 2021 / 10:14 AM / CBS News For the past 15 years, CNN anchor and "60 Minutes" correspondent Anderson Cooper has been. The world's best American broadcaster "Anderson Cooper" has a net worth of $310 Million. His great-great-great-grandfather, Cornelius Vanderbilt, was a shipping and railroad magnate. He was born in Manhattan, New York, the younger son of author Wyatt Emory Cooper and socialite/artist Gloria Vanderbilt, who was a direct descendent of shipping and railroad magnate Cornelius Vanderbilt and the last to carry his name. One by one, the mansions on Fifth Avenue built by the family crumbled when the auctioneer demolished the homes. For her to stay in this apartment for 23 years, which for my mom is an eternity, it had to change. Gloria Vanderbilt was said to have a net worth of $200 million, although the exact amount has never been revealed. The program is usually broadcast live from a New York City studio; however, Cooper often . Life is one giant adventure. Scenario 3: The Moneys Not There. Cooper previously revealed on an episode of The Howard Stern Show in 2014, that his motherwho died in June 2019 at age 95had told him not to expect an inheritance. She was surrounded by beauty and family and friends Gloria Vanderbilt was 95 years old when she died. Anderson Cooper Net Worth - $200 million. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. It is surprising to know that the worlds most enormous fortune came to the Vanderbilt family, yet they did not end up as millionaires in the end. Hes won 18 Emmy Awards, and two Peabody Awards and was given a National Order of Honour and Merit by the Haitian government for his coverage of the 2010 Haiti earthquake. However, that was not the case today. Willam also thought that his neighbors health was better than his and that he could grow older than William. "I don't know what I'll have," he explained on Saturday's episode . He's wealthy on his own terms now, which is everything a high-net-worth parent could ask for. Read on to find out about Anderson Coopers net worth. 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. She wanted to feel lifes pleasures, its pains as well. When I was growing up, we moved every four years, Cooper told the Times, reflecting on his time spent in the apartment. My husband and I decided that you do a great disservice to your children to just hand them a fortune because you take away the one most important gift you can give your children, and that's the ability to work.". A lifetime of artistic and business pursuits presumably helped her independent cash flow, but unless she stopped taking distributions long ago, nine decades is a long time for a traditional trust to run. Stan Stokowski is now in his late 60s and running a Long Island landscaping company. "There's none of that. And if we cant figure out where that much wealth is headed, how sure are we that it exists at all? Joel Anderson contributed to the reporting for this article. Vanderbilts only other living child Christopher Stokowski will apparently receive nothing since he was not named in the will. ", Highest-paid actors of 2020: Dwayne Johnson is No. "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. Vanderbilt: The Rise and Fall of an American Dynasty. "Its terrible to give kids a silver spoon. Here Hayden Panettieres Brother Jansen Died From An Enlarged As the son of railroad heiress Gloria Vanderbilt, youd think Anderson Coopers net worth would be bloated with millions upon millions in inheritance. So where did the money go? Anderson may be responsible for it, he may be cut out of the loop entirely. Here's why. Anderson . The talk show host opens up about not getting his mother's millions. Lets discuss the stories from the book Fortunes Children: The Fall of the House of Vanderbilt to know what happened to the Vanderbilt Family and their fortune. "My mom's made clear to me that there's no trust fund," Cooper once told Howard Stern in a radio interview first reported by Business Insider. ", Simon Cowellbreaks his back falling off electric bicycle, In 2020, thesinger and actress announced on "The View" that she's not leaving "any money to (her) children." Anderson Cooper, who inherited less than $1.5 million from late mom Gloria Vanderbilt's estate after she died in 2019, revealed that he does not plan to leave his wealth to his son, Wyatt. 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. "I don't believe in inheriting money. Cooper's net worth before the inheritance has been estimated at more than $100 . If we equate that to todays value, its still significant as it amounts up to billions of dollars. He has amassed most of his wealth through his career in journalism which kickstarted in 1992. But its terrible to give kids a silver spoon," he told the Mirror. Dubbed as the richest news anchor, Anderson's net worth is estimated to be $200 million. ", As a trustee and investment advisor, Radway says many of her clients want to provide a safety net for their children, withoutmaking them "dependent on money left in the trust.". In 2014, he told Howard Stern in. Ill go with what my parents said 'College will be paid for, and then you got to get on it.' The fortune that The Commodore made during his life and passed down to his children went down the drain. Anderson Cooper's Inheritance Money. Page Six reports that Cooper will inherit his mother's entire estate except for her Midtown co-op, which will go to her oldest child, Leopold "Stan" Stokowski. But the business faded, and she reportedly continued to spend lavishly on philanthropic and personal pursuits. Anderson Hays Cooper (born June 3, 1967) is an American journalist, television personality, and author. The late socialite and fashion icon Gloria Vanderbilt had a reported net worth of $200 million prior to her passing earlier this week leaving her son, CNN's own Anderson Cooper, an heir to a . Anderson Cooper is an American journalist, television personality, and author from Manhattan. Theres none of that. But it seems as though Gloria had a change of heart because she is giving a huge portion of her vast wealth to Cooper. Anderson Cooper's inheritance. ", "Congratulations, kids. . BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. The family members competed to have the largest estates until Alva and William divorced. If youre looking for money-making ideas, youll find them here. From the time I was growing up, if I felt that there was some pot of gold waiting for me, I dont know that I wouldve been so motivated.. Cornelius Vanderbilt worked his way up to have the immense fortune in his time. It's unclear if he has plans to donate any of the inheritance to charity, given his previous statements. A post shared by Gloria Vanderbilt (@gloriavanderbilt). What is Anderson Cooper Net Worth? In 2013, the creator of "The X Factor" and "America's Got Talent" said he also plans to donate his wealth to charity instead of sonEric Cowell, 7, who he shares with partner Lauren Silverman. When you think of trust-fund babies, names like Paris Hilton, Rob Kardashian and Lisa Marie Presley come to mind. Cooper served as the executive producer of the HBO documentary Nothing Left Unsaid: Gloria Vanderbilt & Anderson Cooper in 2016, which was a collection of candid conversations with Vanderbilt, his mother. Chris Stokowski famously stays off the radar entirely after a big fight with mom close to four decades ago. And she sold two of her homes in the 1990s to pay back taxes owed to the IRS. 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). Her son, news anchor and reporter Anderson Cooper, kept her legacy alive with touching tributes. By 2003, Cooper was hosting his own show Anderson Cooper 360 and has remained a fixture of the network for over a decade, co-moderating a presidential debate in 2016 and even hosting CNNs New Years Eve broadcasts. News anchor Anderson Cooper has a net worth of $200 million, according to Celebrity Net Worth. 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Anderson Cooper net worth is over $310 Million (After Inheritance). Anderson Cooper is raking in $11 million a year from CNN and routinely donates book and appearance fees to charity. From the time I was growing up, if I felt like there was some pot of gold waiting for me, I dont know if I would have been so motivated.. In addition to that eight-figure salary, Cooper is also a successful author. Prior to this inheritance, celebritynetworth.com estimated that Cooper makes $12 million a year and is worth about $110 million. No, you wanna be able to stand on your own two feet and say, 'I did that.' 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. But somehow, the eldest son managed to pull off the responsibility. What is Anderson Cooper's net worth after his inheritance? His current salary from CNN is $12 million per year. 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. Anderson Cooper was rich, but now he's really rich. Alva Vanderbilts marriage to the grandson of The Commodore is another reason why they lost their fortune. By Francesca Gariano. His Fortune at Age 54. Although that . Cooper, who has an estimated net worth of $200 million,is following in the same financial footsteps as his late motherGloria Vanderbilt, who "made clear to me that theres no trust fund," Cooper told Howard Stern in 2014. Find the adventure in this category. Arranged marriages turned them into unhappy couples. He also wanted his eldest son to inherit his fortune but speaking from his experience, he didnt want his son to experience the burden too. Gloria Vanderbilt attempted to talk her then-23-year-old son off the ledge, but Carter still jumped to his death. Cooper certainly wasnt expecting a windfall. As mentioned, Cooper has won numerous awards for his coverage of significant world events. In his book, Vanderbilt: The Rise and Fall of an American Dynasty That would be around 70 million dollars by now. The greed destroyed the family and the fortune of the future generations of the family. "I dont believe in passing on from one generation to another. "Thats not healthy. He went from being rich to being VERY rich. Brooks is an Entrepreneur, Sponge, Father, Husband, & Follower of the Golden Rule. He knew the reason why Alva desired to build a large estate. Fans troll Kim Kardashian for saving sexy two-piece look for kids prom, Avril Lavigne sends a message with her Paris Fashion Week outfits post-breakup, Bette Midler, 77, finally admits shes had some tailoring done to her face, Gina Carano's Character Officially Written Out Of 'The Mandalorian' After Cancel Culture Backlash, 2023 NYP Holdings, Inc. 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