Oil Tycoon’s Daughter Spends Over $880,000 Monthly and She Is Not Alone

Oil Tycoon’s Daughter Spends Over $880,000 Monthly and She Is Not Alone

For Daphne Blunt, grabbing a $5,500 Chanel handbag off the shelf feels as casual as someone without wealthy parents picking up a $2 bag of chips. Spending money on high fashion and luxury trips to Paris, London, or New York comes as naturally to this millennial as breathing, and she describes living off her parents’ wealth as a “real blessing.” The 28-year-old Georgetown University graduate and aspiring actress explained that she doesn’t worry about the everyday concerns most people face, like paying bills, and can travel wherever and whenever she wants while buying anything her heart desires.

Blunt doesn’t receive a fixed monthly allowance but instead uses an unlimited American Express Black card. Though she chose not to reveal her parents’ identities, she mentioned that her father is a financial powerhouse and her mother is a former model. Each month, this young woman spends between $50,000 and $100,000 of her parents’ money on her lifestyle. She recently added a Birkin 25 bag worth around $25,000 to her designer handbag collection, and her wardrobe includes numerous vintage Chanel pieces that she claims were personally selected by the late creative director Karl Lagerfeld himself.

“My parents worked really hard to provide me with this lifestyle,” Blunt told The Post. “They always want me to be taken care of.” This type of extravagant lifestyle has once again attracted attention following rumors that actress Nicola Peltz Beckham receives a monthly allowance of approximately $1 million from her father, investor Nelson Peltz, whose net worth is estimated at $1.6 billion. Peltz, whose father founded the investment firm Trian Fund Management, is married to Brooklyn Beckham, and media outlets frequently write about her strained relationship with his parents, Victoria and David Beckham.

@daphneblunt_ the bill is actually none of my business 🎀 . . . #spoiled #princesstreatment #richkids #london #travel #paris ♬ original sound – VicBlends

Sources close to the family have called these claims “complete nonsense.” One source told Page Six that the rumors are pure fabrication. Despite the controversy, Blunt believes that living off parental wealth shouldn’t be cause for condemnation. “I’m not ashamed at all. My parents want my siblings and me to enjoy luxury,” she emphasized. She regularly documents her extravagant lifestyle on social media, where over 160,000 people follow her adventures.

“Next month I’m flying first class to New York for Fashion Week and I can’t wait to shop,” she said, mentioning hotels like the Ritz-Carlton, where a night costs over $5,500, while a presidential suite for the weekend can run as high as $27,500. “In New York, I act like money isn’t limited. I’m grateful that I grew up with parents who worked hard and cared for me because they wanted my life to be as easy as possible.” She insists that her privileged upbringing is something to celebrate rather than hide.

Dorna Kash, the 32-year-old daughter of an Iranian oil magnate who also keeps her parents’ identity private, shares a similar mindset. “I never hear ‘no,’” said Kash, who lives in Singapore and claims to spend between $500,000 and $900,000 monthly on travel alone. The amount she can spend is practically unlimited, as she visits three different cities every month, staying in the most luxurious hotels like Raffles The Palm in Dubai or Four Seasons George V in Paris. “I don’t plan anything. I don’t even have to pack a bag because I can buy everything the moment I land,” she explained. Her carefree approach to money and travel has made her a social media personality with over 71,000 followers.

Because of this lifestyle, Kash frequently faces criticism on social media. “People mock me for spending ‘daddy’s money.’ It used to hurt because I felt like I was being punished for who I am,” she admitted. “Today I hope my content inspires other women, especially those who are burned out at work. I want them to know it’s not a moral failure if someone wants to take care of you. I ignore negative comments and enjoy the privileges my parents have given me.” She sees her lavish spending as empowerment rather than embarrassment.

These stories highlight a growing conversation about wealth, privilege, and what it means to live off family money in an era of social media transparency. The term “nepo baby” has become increasingly common to describe children who benefit from their parents’ success and connections, whether in entertainment, business, or other industries. While some view this lifestyle as an unfair advantage, others argue that parents have the right to provide for their children as they see fit. The debate often centers on whether these individuals should feel obligated to work traditional jobs or pursue independent success, or if simply enjoying their family’s wealth is acceptable.

Critics often point out that extreme wealth inequality makes these displays of luxury tone deaf, especially when many people struggle with basic expenses. Supporters counter that inherited wealth has existed throughout history and that shaming individuals for their family background is unfair. The rise of social media has made these lifestyles more visible than ever before, leading to both fascination and backlash. Many wealthy offspring now carefully curate their online presence, balancing displays of luxury with attempts to appear relatable or to showcase their own talents and work efforts.

What are your thoughts on adult children living lavishly on their parents’ wealth and sharing it publicly in the comments?

Iva Antolovic Avatar