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Gloria Vanderbilt has built a career as an actress, artist, fashion designer, author and socialite, amassing a fortune in addition to her inherited money – but the heiress probably did not leave an inheritance to her son. CNN anchor, Anderson Cooper, and other children.
Vanderbilt, who died Monday morning after battling cancer of the stomach, was the beneficiary of a $ 5 million trust fund since birth. The great-grand-grand-daughter of financier Cornelius Vanderbilt was dubbed the "rich and poor girl" in 1934, at the age of 10, when her mother, Gloria Morgan Vanderbilt, and aunt Gertrude Vanderbilt Whitney were involved in a custody dispute. Whitney eventually got custody and in 1945, Vanderbilt went into his own trust fund at age 21.
Although it is unclear what will happen to Vanderbilt's estate, Cooper will likely not receive any trust funds from his mother. Cooper told Howard Stern during his radio show in 2014 that Vanderbilt had already stated "that there is no legacy".
CNN's anchor, Anderson Cooper, and his mother, Gloria Vanderbilt. (AP)
"My mother made it clear that there was no trust money in. That's not it," Cooper told Howard's "host." Stern Show.[And] I do not believe in inheriting money. "
The anchor "Anderson Cooper 360" said that the money inheritance was a "sucker of initiative" and a "curse".
"Who inherited a lot of money to do things in his own life?" Cooper asked Stern. "From the moment I grew up, if I felt that there was a pot of gold that was waiting for me, I did not know that I would have been so motivated."
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When Stern mentioned that Vanderbilt had "incredibly successful" with a successful career despite his cash legacy, Cooper responded that his mother was an anomaly. CNN's anchor added that her mother was earning more money than she had inherited.
"We believe in work," said Cooper.
Vanderbilt also spoke previously of the great feeling of earning her own success apart from the money she inherited.
"I do not hit the money inherited," said the Socialist at the New York Times in 1985. "But the money I've earned is a reality for me who does not have As Billie Holiday's song says, "Mom can have and Daddy maybe, but God bless the child who has his own."
Portrait of the fashionable woman / designer Gloria Vanderbilt sitting in the middle of a group of models leaning to accentuate the back of her designer jeans. (Getty Images)
Vanderbilt had an estimated net worth of $ 200 million at the time of his death, according to celebritynetworth.com. Her family's fortune has also declined over the years due to charitable donations and lavish spending, Forbes said. It is not known if Vanderbilt left money for his other two children. One of his children, Carter Vanderbilt Cooper, was a suicide in 1988.
Cooper announced Monday the death of his mother in a live praise on Monday at CNN. Cooper said that Vanderbilt had gone to the doctor recently and had discovered that she had "a very advanced cancer to the stomach that had spread."
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"Gloria Vanderbilt was an extraordinary woman, who loved life and lived it her way," CNN's presenter said in a statement. "She was a painter, writer and designer, but also a remarkable mother, wife and friend, she was 95 years old, but ask everyone by her side, and they would tell you, she was the youngest person ever. they knew, the coolest and the most modern. "
Associated Press contributed to this report.
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