Anderson Cooper Will Not Leave A Lot of Money to His Sin

[+ WilliamM]

Young Wyatt  is only two freaking years old.

Who cares?  Jeez.

 

Even worse, I don't believe Anderson.

[Quincy_7]

His money, his prerogative. Personally though, I believe in generational wealth.

[jeezifonly]

Please do not change the topic 

I am loving it B E Y O N D

Edited September 28, 2021 by jeezifonly

[Kevin Slater]

Anderson Cooper Will Not Leave A Lot of Money to His Sin

I generally spend a lot of money on my sins.

Kevin Slater

[+ WilliamM]

Would Anderson Cooper and Chris Cuomo even have prime time Television Show if their  parents weren't so famous?

[+ Vegas_Millennial]

I would definitely consider altering my Trust to leave money to my sin.

Maybe it would subsidize a struggling all nude stripper club.

Or, set up a matching retirement system where any gay male escort who invests in his Roth IRA will be matched by my fund.

The hard part would be finding the right Executor to screen the strippers or escorts.  Right now my Executor is a straight friend.

[Kevin Slater]

20 minutes ago, Vegas_nw1982 said:

Or, set up a matching retirement system where any gay male escort who invests in his Roth IRA will be matched by my fund.

 

I’ve talked a few of my co-hookers into setting up IRAs (and/or solo 401Ks).  It would have been much easier if I had those matching funds to entice them. 
 

Kevin Slater

[+ Vegas_Millennial]

8 minutes ago, Kevin Slater said:

I’ve talked a few of my co-hookers into setting up IRAs (and/or solo 401Ks).  It would have been much easier if I had those matching funds to entice them. 
 

Kevin Slater

Kevin, we are kindred souls.  I can't tell you how many times I've spent my time and money getting a lap dances, only to be inquiring about the dancers' knowledge of Roth IRAs.

Years ago, when my boyfriend at the time gave me Book of Mormon Musical tickets for Christmas, I gave him a Roth IRA match if he showed me that he opened a Roth IRA.

[+ Vegas_Millennial]

19 hours ago, WilliamM said:

Even worse, I don't believe Anderson.

Everyone has a right to change his mind.  Besides, his preferred sins may change before he died.  I know mine have changed over the years

[Luv2play]

Anderson Cooper was interviewed on CBC radio last week and I listened to the last half. I also read the book review in the NYTimes. I don't watch him on TV any longer as I got rid of my television over a year ago.

My belief is that he will treat his son as a privileged member of the American affluent class and his son will be given every advantage money can buy. It is clear Cooper was not a trust fund baby, and neither was his mother. They both had to find their way in the world with only the Vanderbilt name hanging there in the background. 

His son will have the aura of the Vanderbilt heritage but only whatever material advantage  that Anderson is able to bestow on him. As any father would want, he will want his son to succeed in life. 

[+ WilliamM]

Gloria Vanderbilt went to Miss Porter's a quite fashionable school for children.

She was married to a world famous conductor and quite well known movie director. Sydney Lumet   who also married Lena Horne's daughter.

 

Gloria Vanderbilt was a very famous person, whether she Wanted to be or not

[Guest]

5 hours ago, Luv2play said:

... It is clear Cooper was not a trust fund baby, and neither was his mother. They both had to find their way in the world with only the Vanderbilt name hanging there in the background. 

...

If A. Cooper received (and kept) a sizeable sum from his ancestors, then it would be the height of hypocrisy to deny his own son the same advantage. For sure, it would be reasonable to make the bequest contingent upon his son working hard, and not being a spoiled brat. However, if his son behaves appropriately, it seems callous and hypocritical to deny his own son the same advantages he received. 

[Guest]

3 hours ago, Unicorn said:

If A. Cooper received (and kept) a sizeable sum from his ancestors, then it would be the height of hypocrisy to deny his own son the same advantage. For sure, it would be reasonable to make the bequest contingent upon his son working hard, and not being a spoiled brat. However, if his son behaves appropriately, it seems callous and hypocritical to deny his own son the same advantages he received. 

Good point.  The trust I’ve set for my children and grandchildren only allows them to (excluding education expenses) receive income from the trust up to the amount that they earn themselves.  Inheritance can double their income, it can’t replace it.  

Edited September 29, 2021 by BnaC

[+ WilliamM]

5 hours ago, Unicorn said:

If A. Cooper received (and kept) a sizeable sum from his ancestors, then it would be the height of hypocrisy to deny his own son the same advantage. For sure, it would be reasonable to make the bequest contingent upon his son working hard, and not being a spoiled brat. However, if his son behaves appropriately, it seems callous and hypocritical to deny his own son the same advantages he received. 

Behaving appropriately may have different definitions  for  people  with forty  years differences in ages

[gallahadesquire]

A. Cooper could always entangle it so his sin couldn’t receive it until age 60 or so … not have to worry about retirement, but still have to work for a living. 

[Luv2play]

11 hours ago, Unicorn said:

If A. Cooper received (and kept) a sizeable sum from his ancestors, then it would be the height of hypocrisy to deny his own son the same advantage. For sure, it would be reasonable to make the bequest contingent upon his son working hard, and not being a spoiled brat. However, if his son behaves appropriately, it seems callous and hypocritical to deny his own son the same advantages he received. 

Your premise is wrong. As Anderson said in his interview and as he apparently stated in his book ( I only read the review, not the book), his parents sat him down at an early age and told him there would be no pot of money waiting for him at 21. The Vanderbilt fortune was depleted to non existence. 
 

His father Wyatt Cooper came from a poor farm family in Mississippi. His mother only had the Vanderbilt name. Anderson himself is making big money as a TV journalist and media darling. He will no doubt have the means to establish some sort of trust for his son, which he would be advised to do early as he is already 50 years old and may not live to see his son graduate from university ( his father died young). But the trust fund would not be in the same league as one in the Rockefeller or many of the old three or four generation families in America of vast wealth.

If you want to read a hilarious book about trust fund babies, Kurt Vonnegut’s God Bless You, Mr. Rosewater, will amuse.

[+ WilliamM]

The son isn't even in kindergarten yet and won't be for several years 

Is this just a way to remind follks about his LONG AWAITING book About the Vanderbilt family.

[+ WilliamM]

2 minutes ago, Luv2play said:

Your premise is wrong. As Anderson said in his interview and as he apparently stated in his book ( I only read the review, not the book), his parents sat him down at an early age and told him there would be no pot of money waiting for him at 21. The Vanderbilt fortune was depleted to non existence. 
 

His father Wyatt Cooper came from a poor farm family in Mississippi. His mother only had the Vanderbilt name. Anderson himself is making big money as a TV journalist and media darling. He will no doubt have the means to establish some sort of trust for his son, which he would be advised to do early as he is already 50 years old and may not live to see his son graduate from university ( his father died young). But the trust fund would not be in the same league as one in the Rockefeller or many of the old three or four generation families in America of vast wealth.

If you want to read a hilarious book about trust fund babies, Kurt Vonnegut’s God Bless You, Mr. Rosewater, will amuse.

My issue is the CNN line up of hosts each week night

Is that really the best they could do?

The worst is Chris Cuomo v Rachel Maddie

Anderson Cooper is ok, I guess. So is Don Lemon

 

[Luv2play]

I imagine Cooper got a healthy advance from the publisher as he has a household name which overcomes his lack of a reputation as an author. If the book is a success, it will maybe pave the way for future books.

[Luv2play]

2 minutes ago, WilliamM said:

My issue is the CNN line up of hosts each week night

Is that really the best they could do?

The worst is Chris Cuomo v Rachel Maddie

Anderson Cooper is ok, I guess. So is Don Lemon

 

As I said I don’t watch TV any more but I am guessing that Chris Cuomo’s days on CNN are numbered. The cancel culture will get him over his inappropriate behaviour of sexual harassment and his association with his brother over the same issues.

[+ WilliamM]

15 minutes ago, Luv2play said:

As I said I don’t watch TV any more but I am guessing that Chris Cuomo’s days on CNN are numbered. The cancel culture will get him over his inappropriate behaviour of sexual harassment and his association with his brother over the same issues.

Move Don Lemon to Cuomo's 9 PM time slot, please.

And then hire a very good female bost for 10 pm

[Guest]

9 hours ago, BnaC said:

Good point.  The trust I’ve set for my children and grandchildren only allows them to (excluding education expenses) receive income from the trust up to the amount that they earn themselves.  Inheritance can double their income, it can’t replace it.  

 

6 hours ago, WilliamM said:

Behaving appropriately may have different definitions  for  people  with forty  years differences in ages

People can have different talents that offer different opportunities for income. AC apparently was gifted with enough intelligence and charisma to be a great journalist. Very few people have those types of gifts. One's success depends on both one's gifts and one's ability to avail himself of whatever gifts genetics and family have bestowed upon us, along with a healthy dose of good luck. Some people have great artistic talent, which I lack entirely. They may be more gifted than I am in that regard, but may end up being a lot less financially successful, despite doing well something I couldn't think of doing myself. Many a time I have told "Chris," as we watch RuPaul's Drag Race, that if I had to make a living as a drag queen, we'd be homeless and starving. I'm clumsy and can barely stand up, let alone walk, on heels. I'm thankful I have other talents that let me earn a good living.

All that I would expect of my child, were I to have one, was that he apply himself to develop his talents. I never received any financial support other than those related to my education, though I did receive an inheritance upon my mother's death. I can't imagine providing an income to an able-bodied child while I'm alive. Nor would I be inclined to leave an inheritance to a child who lived an idle life, nor one who abused drugs or alcohol, or lived a life of crime. 

It's great for someone to leave much, or even most of a wealth to charity upon death. But AC must realize that, while he's worked very hard, there was a huge amount of good fortune involved in the wealth he's generated. If I loved my child, I'd want to leave a good deal of it to my child upon my death. The child may not end up with AC's good fortune. And, upon further reading, it does look as if the Vanderbilts squandered most of the fortune my the time AC's mother's death. But she was able to leave him 1.5 million, which ain't chump change. 

[+ WilliamM]

6 minutes ago, Unicorn said:

 

People can have different talents that offer different opportunities for income. AC apparently was gifted with enough intelligence and charisma to be a great journalist. Very few people have those types of gifts. One's success depends on both one's gifts and one's ability to avail himself of whatever gifts genetics and family have bestowed upon us, along with a healthy dose of good luck. Some people have great artistic talent, which I lack entirely. They may be more gifted than I am in that regard, but may end up being a lot less financially successful, despite doing well something I couldn't think of doing myself. Many a time I have told "Chris," as we watch RuPaul's Drag Race, that if I had to make a living as a drag queen, we'd be homeless and starving. I'm clumsy and can barely stand up, let alone walk, on heels. I'm thankful I have other talents that let me earn a good living.

All that I would expect of my child, were I to have one, was that he apply himself to develop his talents. I never received any financial support other than those related to my education, though I did receive an inheritance upon my mother's death. I can't imagine providing an income to an able-bodied child while I'm alive. Nor would I be inclined to leave an inheritance to a child who lived an idle life, nor one who abused drugs or alcohol, or lived a life of crime. 

It's great for someone to leave much, or even most of a wealth to charity upon death. But AC must realize that, while he's worked very hard, there was a huge amount of good fortune involved in the wealth he's generated. If I loved my child, I'd want to leave a good deal of it to my child upon my death. The child may not end up with AC's good fortune. And, upon further reading, it does look as if the Vanderbilts squandered most of the fortune my the time AC's mother's death. But she was able to leave him 1.5 million, which ain't chump change. 

I am not sure people consider Anderson Cooper a great journalist

 

Perhaps a decent journalist who was born on third base because of his society favorite mother.

 

How many journalists could write about Truman's masked ball honoring Katherine Graham when In Cold Blood was published

[BSR]

2 hours ago, Unicorn said:

 

People can have different talents that offer different opportunities for income. AC apparently was gifted with enough intelligence and charisma to be a great journalist. Very few people have those types of gifts. One's success depends on both one's gifts and one's ability to avail himself of whatever gifts genetics and family have bestowed upon us, along with a healthy dose of good luck. Some people have great artistic talent, which I lack entirely. They may be more gifted than I am in that regard, but may end up being a lot less financially successful, despite doing well something I couldn't think of doing myself. Many a time I have told "Chris," as we watch RuPaul's Drag Race, that if I had to make a living as a drag queen, we'd be homeless and starving. I'm clumsy and can barely stand up, let alone walk, on heels. I'm thankful I have other talents that let me earn a good living.

All that I would expect of my child, were I to have one, was that he apply himself to develop his talents. I never received any financial support other than those related to my education, though I did receive an inheritance upon my mother's death. I can't imagine providing an income to an able-bodied child while I'm alive. Nor would I be inclined to leave an inheritance to a child who lived an idle life, nor one who abused drugs or alcohol, or lived a life of crime. 

It's great for someone to leave much, or even most of a wealth to charity upon death. But AC must realize that, while he's worked very hard, there was a huge amount of good fortune involved in the wealth he's generated. If I loved my child, I'd want to leave a good deal of it to my child upon my death. The child may not end up with AC's good fortune. And, upon further reading, it does look as if the Vanderbilts squandered most of the fortune my the time AC's mother's death. But she was able to leave him 1.5 million, which ain't chump change. 

Sharyl Atkinson is a great journalist at CNN.  With his good looks and charisma, Anderson Cooper is a CNN star.  There's a difference.  For example, Atkinson would never stage that bogus photo to greatly exaggerate flooding like Cooper did.

His mother also paid Anderson's tuition at the posh Dalton School (currently $55,210/year) and Yale.  Again, not exactly chump change.  When Cooper started making big money, he was nice enough to pay his mother back for Yale.

[Quincy_7]

16 hours ago, BnaC said:

Good point.  The trust I’ve set for my children and grandchildren only allows them to (excluding education expenses) receive income from the trust up to the amount that they earn themselves.  Inheritance can double their income, it can’t replace it.  

It would be interesting to study families that have maintained their wealth over several generations to see how the kin were kept motivated and trained to be good with money. Most millionaires in America are first generation millionaires. Part of the reason for that is that kids usually aren't brought up to be good with money and squander wealth that their parents worked very hard to build.