Anderson Cooper has explained why he doesn’t plan to leave a “pot of gold” inheritance to his son Wyatt.
Cooper has written a book about the Vanderbilt family, titled Vanderbilt: The Rise and Fall of an American Dynasty.
Asked what his plans are regarding his son’s inheritance, Cooper said: “I don’t believe in passing on huge amounts of money.
Cooper is the son of Gloria Vanderbilt, herself the great-great-granddaughter of Cornelius Vanderbilt, a shipping and railroad magnate and one of the richest Americans of all time.
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