Is it any surprise that many famous parents love to give their children the best gifts and experiences money can give?
We’re talking about Cardi B and Offset, who gifted their daughter Kulture with a Birkin handbag – estimated at $ 8,000 – on her second birthday, Beyoncé and Jay-Z allegedly blessing their daughter Blue Ivy with materials for baby that’s worth hundreds of thousands of dollars, and Tyrese Gibson who bought daughter Kayla an entire island when she was eight – yes, you read that right.
The research on gifts for children is quite varied – a 2020 study conducted by the University of Illinois at Chicago found that young children are happier when they receive material rather than experimental gifts, in large part. because their young brains don’t fully understand the value of experiences like vacations or theme parks. However, over time, their preferences change. “As children age, the happiness they derive from experiences increases, to the point that older adolescents derive more happiness from experiences than material possessions, consistent with the findings of adults,” the study reads. .
That said, all parents can raise their children and spend their hard earned money however they see fit. Some parents, like DJ Khaled, are open about their extravagant giveaways, even in the face of online parental enforcement, while others do not publish their offers, although rumors are spinning.
Coming up, find out about famous parents who take gifts seriously and lucky kids who receive their generosity.