Anderson Cooper has recently announced that he will not be receiving an inheritance from his mother Gloria Vanderbilt. That has caused speculation about where her money is going to go.
CNN anchor Anderson Cooper is the son of heiress Gloria Vanderbilt. She is best known as an heiress of the Vanderbilt fortune and for her branded fashion and perfume lines. She is often believed to have a trust fund worth $200 million. While Cooper is independently wealthy, it has always been assumed that he would inherit a large portion of his mother’s estate. However, Cooper recently announced that he would not be receiving any of mother’s trust fund.
Trust Advisor recently speculated where that money might go in “CNN’s Anderson Cooper Disinherited from $200 Million Vanderbilt Estate.”
One possibility is that the money could go to Vanderbilt’s two other children who are lesser known and not as independently wealthy as Cooper. However, whether they have a good relationship with their mother is unknown.
The money could also go to charitable causes as many previous Vanderbilts have been high-profile philanthropists. Gloria Vanderbilt is not known for her charitable giving.
A third possibility is that the trust fund does not have nearly as much money as is often assumed. Vanderbilt has previously had legal troubles over relatively small amounts of money. That could indicate that the trust has been empty for some time.
Regardless of where the money goes, if there is any money, Gloria Vanderbilt’s estate will be watched closely by the media when the time comes.
Reference: Trust Advisor (Nov. 1, 2016) “CNN’s Anderson Cooper Disinherited from $200 Million Vanderbilt Estate.”
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