Fashion icon Gloria Vanderbilt was a member of one of the wealthiest families in America. When she died on June 17, many wondered what would become of her fortune. One person who won’t be getting it is her son, CNN news anchor, Anderson Cooper.

Cooper himself made clear in a 2014 interview with Howard Stern that he wasn’t expecting to be the heir. “My mom’s made it clear to me that there’s no trust fund, there’s none of that,” he said.

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Cooper went on to talk about the consequences having a trust fund could have had on his own personal career. He claimed that it could have stunted his motivation, therefore hindering him from becoming as successful as he is today. After his mother’s passing, Cooper gave a touching eulogy that spoke to the kind of relationship he had with his mother. “I always thought of her as a visitor from another world, a traveler stranded here who’d come from a distant star that burned out long ago. I always felt it was my job to try to protect her,” he said about his mother. “She was the strongest person I’d ever met, but she wasn’t tough. She never developed a thick skin to protect herself from hurt. She wanted to feel it all. She wanted to feel life’s pleasures, its pains as well. She trusted too freely, too completely, and suffered tremendous losses, but she always pressed on, always worked hard, always believed the best was yet to come.”

Cooper and his mother shared a close and intimate bond, and the fact that he will not be receiving her inheritance seems to be something he prefers as well.