In this article from CNN, Anderson Cooper discusses the fact that his mother, Gloria Vanderbilt, made it clear to him from a young age that he would not inherit the family fortune. She expected him to make his own way in the world. This is quite interesting because to my understanding Warren Buffett made the same decision in regards to his children. My question is do you agree with this, or do you think they are doing their children wrong by not passing the wealth down to future generations?http://marquee.blogs.cnn.com/2014/04/02/no-vanderbilt-inheritance-for-anderson-cooper/?iref=obnetwork
@rocket: I respect them for it.... I think they are already given a great opportunity by the family name..... I am not sure I could do it though... I think I wold pass on at least some of my wealth to the kids as long as they were responsible and not losers... But I may raise them with the assumption they are not getting anything so they well get of their **** and make something of themselves..
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