Gloria Vanderbilt built a career as an actress, artist, fashion designer, author and socialite, amassing a fortune on top of her inherited money – but the heiress probably didn't leave an inheritance for her son CNN anchor Anderson Cooper and others children.
Vanderbilt, who died Monday morning after battling stomach cancer, was the beneficiary of a $ 5 million trust fund since she was born. The great-granddaughter of financier Cornelius Vanderbilt became known as the "poor little rich girl" in 1934 at the time when her mother, Gloria Morgan Vanderbilt, and aunt, Gertrude Vanderbilt Whitney, were embroiled in a custody dispute. Whitney eventually won custody, and by 1
Although it's unclear what will happen to Vanderbilt's estate, Cooper most likely will receive a trust fund from his mother. Cooper customs Howard Stern on his radio show in 2014 that Vanderbilt had already made it clear "there is no inheritance."
CNN anchor Anderson Cooper and his mother, Gloria Vanderbilt. (AP)
"My mom's made clear to me that there's no trust fund. There's none of that, "Cooper told" Howard Stern Show "host." [And] I don't believe in inheriting money. "
The" Anderson Cooper 360 "anchor said inheriting money was an "initiative sucker" and a "curse."
"Who has inherited a lot of money that has gone on to do things in their own life?" I know that I would have been so motivated. "
When Stern mentioned that Vanderbilt ended up “incredibly well” with a successful career despite inheriting money, Cooper responded saying his mother was an anomaly.
"We believe in working," Cooper said.
Vanderbilt also talked about the great feeling of earning her own success apart from the money she inherited.
] "I'm not knocking inherited money," the socialite told The New York Times in 1985. "But the money has made a reality to me that inherited money doesn't have. If the Billie Holiday song goes, "Mama may have and may have, but God bless his child." "Portrait of socialite / designer Gloria Vanderbilt sitting amidst a group of models bending over to accent the rear or her designer jeans. (Getty Images)