Gucci Coo for the Modern Rich Kids

Summary


THEY wear designer labels, play in mini Porsches and host extravagant birthday parties which cost thousands of pounds. Meet the Mass Affluent Kids or MAK generation, a new breed of super-rich children whose affluent lifestyles reflect those of their affluent parents.

New research claims that there are 18,000 children in Britain whose parents spend more than GBP 50,000 a year on luxury holidays, school trips and the latest fashions for them.

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Gucci Coo for the Modern Rich Kids

And there are at least 180,000 MAKs who have GBP 20,000 or more spent on them, excluding school fees.

The most high-profile MAKs are undoubtedly the children of celebrities whose lifestyles reflect those of their affluent parents.

Earlier this year, Brooklyn Beckham's fifth birthd...

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