Browsing Tag

rich kids of instagram

18 posts

Spoiled Rich Kids Flush Rolex Down Toilet, Burn Mercedes Because They Were ‘Bored’

Some Rich Kids of Instagram, who apparently have run out of ideas on how to flaunt their wealth, have decided to just destroy their expensive stuff, simply to show the world that they can afford to do so.

The videos of “spoiled” wealthy youngsters setting fire to a £88,000 ($108,000) Mercedes, expensive shoes and flushing an expensive Rolex watch down the toilet have surfaced online, reported the Mirror.

There is Now an Exclusive Social Network For Rich Kids That Charges $1,000 a Month

Finally, a social network exclusively for the snobby rich who fail to get everyone’s attention on a level platform has arrived. Rich Kids, a new social network for the affluent, has officially launched and it’s not kidding when it claims to be the “world’s most exclusive social network.”  

The new app separates itself from the regular, free-to-use social networking sites such as Facebook, Twitter or Instagram by charging its users a monthly hefty sum for premium membership.

Meet the Socialite Grandson of Indonesia’s Richest Woman

Richard Muljadi is the socialite grandson of Indonesia’s richest woman, Kartini Muljadi, who currently has a net worth of $715 million. The Muljadi family’s wealth was largely generated from pharmaceutical firm Tempo Scan Pacific, which the family founded.

The 28-year-old entrepreneur documents his lavish lifestyle on his Instagram account, where he can be seen wearing stylish, branded clothes and eating expensive meals.

Step Aside Rich Kids: Meet the Rich Parents of Instagram

“The Rich Parents of Instagram,” as its name suggests, is an Instagram account which showcases parents who splurge their wealth and boast about their lavish lifestyles through pictures on the social media platform.

@at33qafzal

The account, which has more than 25,000 followers so far, features photos of one percenter moms and dads living their flashy and sometimes over-the-top lives while hanging out in their private jets, drinking very expensive wine and posing with sports cars, reported Business Insider.

Lawyers are Using Rich Kids of Instagram Posts to Nail Wealthy Parents Trying to Hide Money

Leading cybersecurity firms are reporting that lawyers are now drawing up to 75% of their evidence in litigation cases from social media platforms like Twitter and Instagram.

Especially when  investigating asset disputes of the extremely wealthy, lawyers will search for evidence on their kid’s Instagram posts, according to Oisín Fouere, managing director of K2 Intelligence via The Guardian.