More general:
* Trust fund kids: Implies wealth inherited from parents.
* Silver spooners: Indicates they were born into privilege and luxury.
* Posh kids: A British term meaning upper-class and stylish.
* Daddy's money: Suggests their wealth is derived from their father's success.
More negative:
* Spoiled brats: Emphasizes their perceived entitlement and lack of appreciation.
* Gilded youth: Highlights the superficiality and shallowness associated with wealth.
* Heir apparents: Focuses on their potential to inherit their parents' wealth and status.
* Prep schoolers: Often used to describe privileged kids attending exclusive private schools.
More humorous:
* The 1%: A sarcastic term referencing the wealthiest individuals.
* Rich kids of Instagram: A play on the social media trend of wealthy individuals showcasing their lavish lifestyle.
The best word to use depends on the context and the speaker's perspective. Some of these terms are considered derogatory or offensive, so it's important to be aware of the potential impact of your language.