"My mom's made clear to me that there's no trust fund," Cooper told Howard Stern of former denim designer Gloria Vanderbilt, the great-great-granddaughter of railroad and shipping mogul Cornelius Vanderbilt, who is said to be worth a reported $200 million. CNN anchor Cooper, however, is OK with his mom's plan. "I don't believe in inheriting money. I think it's an initiative sucker. I've never paid attention to it, honestly," Cooper said of the Vanderbilt family's wealth.