Advertisement
Advertisement
Advertisement

How do the children of billionaires spend their parents’ money?

Bill Gates, co-founder of Microsoft, and his daughter, Jennifer, a keen equestrian, who has just graduated from Stanford University. Photo: Shutterstock Rex for EEM
Bill Gates, co-founder of Microsoft, and his daughter, Jennifer, a keen equestrian, who has just graduated from Stanford University. Photo: Shutterstock Rex for EEM

  • Life for some, like Jennifer Gates and Eva Jobs, includes riding horses, partying travelling, yachting – and buying and wearing designer clothes and bags

Children of billionaires have access to a world that many can't even begin to fathom.

Some, including Jennifer Gates, the daughter of Microsoft co-founder Bill Gates, and Eve Jobs, the daughter of the late Steve Jobs, co-founder of Apple, use their fortunes to pursue passions such as studying (both went to Stanford University in California) and competing in equestrian events.  

Holly Branson, the daughter of British business magnate Richard Branson, takes after her father and loves to spend her money on experiences and adventures rather than material objects.

Advertisement

Others use their fortunes a little more lavishly – think holidaying around the world, exploring the seas in yachts, stocking wardrobes with designer clothes, and partying in the city.

Tiffany Trump, daughter of US president Donald Trump, and Alexa Dell, daughter of Dell Technologies CEO Michael Dell, both have a taste for finer fashion and seeing the world.

David Ellison, son of the co-founder of Oracle Corp, Larry Ellison, loves to get around in style – via jet or snowboard.

Here are some of the outrageous ways the children of billionaires spend their money.

Jennifer Gates recently graduated from Stanford, where undergraduate tuition costs US$50,700 for the 2018-19 school year.