- Children of billionaires have privileges that many will never know.
- Some spend their parents’ money on college tuition and hobbies.
- Others spend their fortunes a little more lavishly – think world travels, yacht vacations, and designer clothes.
Children of billionaires have access to a world that many can’t even begin to fathom.
Some, like Jennifer Gates, the daughter of Bill Gates, and Eve Jobs, the daughter of Steve Jobs, use their fortunes to pursue passions like schooling (both went to Stanford) and competing in equestrian events.
Holly Branson, Richard Branson’s daughter, takes after her dad and loves to spend her money on experiences and adventures rather than material objects.
Others use their fortunes a little more lavishly – think vacationing around the world, exploring the seas in yachts, stocking closets with designer clothes, and partying it up in the city. Tiffany Trump and Alexa Dell both have a taste for finer fashion and seeing the world, while Larry Ellison’s son, David Ellison, loves to get around in style, like via jet or snowboard.
Here are some of the outrageous ways the children of billionaires spend their money.
Jennifer Gates recently graduated from Stanford University, where undergraduate tuition costs $50,703 for the 2018-19 school year.
http://instagr.am/p/Bj-phGJg2jn
Source: Business Insider, Stanford
Gates loves to travel. Her Instagram feed shows she's been everywhere from Lake Como in Italy to Barcelona to Australia.
http://instagr.am/p/BlqvSHsAsD9
Source: Business Insider
Sometimes she even charters a yacht during her trips.
http://instagr.am/p/BKvBBbphBau
Gates is also an accomplished equestrian. To support her passion, her father reportedly dropped $37 million on property in Wellington, Florida, a hotspot for wealthy equestrians.
Source: Business Insider
Like Gates, Eve Jobs is an equestrian. Her mother, Laurene Powell Jobs, bought her a $15 million ranch in Wellington.
Source: Business Insider
Jobs also bought a stallion named Chill RZ in 2016, according to The Chronicle of Horse.
Source: The Chronicle of Horse
Jobs also travels — she seems to have an affinity for Italy, with Instagram posts showing her vacationing in places like Positano, Sicily, and Florence.
http://instagr.am/p/BkVNUjogXUd
This year, Jobs also went to Lollapalooza, where a four-day pass costs more than $400.
http://instagr.am/p/BmJ_HqhHH7F
Source: Instagram, Ticket City
Jobs and Gates aren't the only billionaire daughters who are equestrians — Georgina Bloomberg, the daughter of Michael Bloomberg, is also a decorated equestrian. Over the years, she's purchased 13 horses.
Source: Georgina Bloomberg
Bloomberg must love adventure — she has traveled to Paris, Bermuda, and the coast of France.
http://instagr.am/p/BklNc6WjPnG
Holly Branson also has an adventurous spirit. She prefers experiences over material items, having climbed Mont Blanc in Europe, run marathons, attempted a sailing record, and signed up to go to space.
http://instagr.am/p/BoTjpwIn-6N
Source: Virgin
Her brother, Sam Branson, also takes part in the family's adventures.
http://instagr.am/p/BoWWPUDBLKo
He went all out with a "nearly royal wedding" — a five-day affair in South African in 2013 — to Isabella Calthorpe.
http://instagr.am/p/BS-sgt5l-Bp
Source: Daily Mail
Some children of billionaires spend their money more lavishly than others. Peter and Harry Brant, the two sons of Peter Brant Sr., the chairman and CEO of White Birch Paper, are New York socialites known to live the "Gossip Girl" life.
http://instagr.am/p/Bl_uhPug8FS
Source: Vanity Fair
Peter really indulged in the billionaire life over the summer. In June, he attended horse races in France.
http://instagr.am/p/BkIU9KiAG72
And he spent the Fourth of July boating around New York City.
http://instagr.am/p/BkszUuVAHJA
Judging from his Instagram, he travels frequently — from Beverly Hills and Palm Beach ...
http://instagr.am/p/Bdk-1VcAtsV
... to Sorrento, Italy, and Saint-Tropez.
http://instagr.am/p/BlxsEyZATn6
He even had his 23rd birthday party in St. Barts.
http://instagr.am/p/BOp9i3QhIkO
When he's not traveling, Brant lives it up in Manhattan.
http://instagr.am/p/BVsWTCsgnOn
And he looks good doing it — just look at that $1,300 Givenchy watch he's sporting.
http://instagr.am/p/7gcrM6F18F
Source: Saks Fifth Avenue
Alexa Dell, the daughter of Dell Technologies CEO Michael Dell, whose net worth is about $27 billion, also has a taste for the finer things.
http://instagr.am/p/BocAxhLH1Pc
Source: Business Insider, Forbes
She often sports designer wear; her Instagram feed features her dressed in Gucci, Dior, Dolce and Gabbana, and other high-end brands.
http://instagr.am/p/Bk-7KHUHGBB
Dell also has an affinity for travel. She once said, "I love experiencing new cultures and am inspired by all corners of the world."
http://instagr.am/p/Bh1DCZGHl2L
Source: NextShark
She's been spotted on a yacht or two.
http://instagr.am/p/BoMnE_qnyAR
She also travels in style, like on this private jet she took to London.
http://instagr.am/p/BntjUzpH6i6
She's not one to miss the Veuve Clicquot Polo Classic either.
http://instagr.am/p/Bom-V50HrQE
President Donald Trump's daughter Tiffany Trump also spends money vacationing, including an Italian yacht trip and a Budapest excursion, as well as summers in Southampton and visits to the Bahamas.
http://instagr.am/p/BmCNrp3nzuR
Source: Cheat Sheet
Like Dell, Trump likes designer brands. She's been spotted wearing $725 Aquazzura shoes and has worn clothes by Daniel Basso, a designer whose gowns can cost thousands of dollars.
http://instagr.am/p/BmcGZ8XnEOq
Source: Teen Vogue, Cheat Sheet
She also enjoys a night out on the town ...
http://instagr.am/p/BlHJraeHsKb
... when she's not in school, that is. She attended the University of Pennsylvania for undergrad and is at Georgetown Law School, which costs upwards of $58,000. Her father has paid for her schooling, a source told People magazine.
Source: People, Cheat Sheet
Jasmine Jordan, the daughter of Michael Jordan, is a brand representative for her father's shoe line — but she technically doesn't need to work when her father is the first billionaire athlete.
http://instagr.am/p/Bk0UhSNAEXA
She has a Dodge Challenger SRT — a sporty car, but not as flashy as other billionaires' cars.
http://instagr.am/p/Bhr-UF8AObj
Her Instagram feed shows she has a penchant for designer purses, such as Gucci.
http://instagr.am/p/Bm1phOXgT3K
Like other children of billionaires, she explores places around the globe, like Hong Kong.
http://instagr.am/p/BnKLb1QgKeS
David Ellison, the son of Larry Ellison, the cofounder of Oracle, is also big on travel and likes to get to places in style. While vacationing in Hawaii, he took a helicopter ride to explore its islands.
http://instagr.am/p/BdV-j9aHSCc
He also set off in a private jet for a family birthday party in Nashville.
http://instagr.am/p/BaNHioTl3lb
And he seems to have chartered a yacht for his mother-in-law's birthday in Malibu ...
http://instagr.am/p/BZb-eMTFTtH
... which he also used to spend New Year's in Lanai.
http://instagr.am/p/BOxtvkZD9eC
He opted to get around via snowboard while spending the Fourth of July in Lake Tahoe last year.
http://instagr.am/p/BWGigDkFu_L
He also pays for prime seating at tennis matches.
http://instagr.am/p/BRrcd2QBtnz
Meanwhile, Hamdan bin Mohammed Al Maktoum, known as Fazza, son of Sheikh Mohammed bin Rashid Al Maktoum, the vice president and prime minister of the United Arab Emirates, travels everywhere, from Mongolia ...
http://instagr.am/p/BnBWhHQBQiF
... to Chicago.
http://instagr.am/p/BiEqoVkHA2N
And he's known to get around via helicopter.
http://instagr.am/p/BgLBFeCBeN9
Like his father, Fazza has an affinity for horses and attends the Royal Ascot horse race yearly.
http://instagr.am/p/BkPftxSho21
He's well-equipped to document all his adventures.
http://instagr.am/p/Bntv-3lhNqu
Sofia Abramovich, the daughter of Roman Abramovich, a businessman whose net worth is more than $11 billion, is also known to live a lavish lifestyle.
http://instagr.am/p/BjhXV4gH6qO
Source: Forbes
Her father owns the world's second-largest yacht, the 533-foot Eclipse, which she uses at her leisure.
http://instagr.am/p/Bk-XEKXnIZ0
Source: Forbes
She's traveled to places like Saint-Tropez and Antibes, France, on the yacht.
http://instagr.am/p/Bk2lXOaHPuj
When she travels, she stays in fancy hotels with jaw-dropping views.
http://instagr.am/p/BgRu7Fchsdi
She enjoys a night out on the town ...
http://instagr.am/p/BUXORxklIIl
... and weekends in Ibiza with her friends.
http://instagr.am/p/BoT-MXWnMeQ
A bit of shopping doesn't hurt either.
http://instagr.am/p/BkNxhEJHcDj
Another competitive equestrian, Abramovich also has horses in the stable on her family's estate in England.
http://instagr.am/p/Bl-ZIvfHaT8
Source: Business Insider
Emma Lasry is the child of the hedge fund manager Marc Lasry.
http://instagr.am/p/BnwweYXhldV
She appears to splurge on food ...
http://instagr.am/p/Bahs_AEHTKv
... cocktails ...
http://instagr.am/p/BOaMFw4FH-f
... and sweets.
http://instagr.am/p/BQRXU9qhw3H
Not to mention clothes — just look at that closet and wall of shoes.
http://instagr.am/p/BbXs76cHwTG
Like most other offspring of billionaires, she travels around the world ...
http://instagr.am/p/BXvYPDmnrcH
... and goes yachting on the seas.
http://instagr.am/p/BUxuoxZgQrX
She's also taken to boxing — a standard non-member training session at Aerospace is $145. Even the richest of kids need to blow off some steam.
http://instagr.am/p/BPflLpelrDM
Source: Aerospace NYC