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Rich Heirs Boast Money and a Job

Having money just isn't enough for many of the world's wealthy youth

By Wesley Oliver,  Newser Staff

Posted May 10, 2009 5:27 PM CDT

(Newser) – Wealthy heirs are dropping their silver spoons and getting down to work, it seems. From the Mondavis to Trumps to sons and daughters of royalty, 38 heirs posing for Vanity Fair this month say they're determined not to rest on family laurels. Some are working hard at the family business while others forge personal paths. “We all have to prove ourselves, no matter who we are,” said the cousin of a fashion heir.

The latest rash of 24-karat kids includes:

  • Fiat heir Lapo Elkann, an entrepreneur who supports a Tel Aviv hospital tending to Israelis and Palestinians.
  • The Mercedez-Benz dynasty's Alex Flick, who quit school to make a documentary about a poor South Carolina town.
  • Luxury group LVMH scion Antoine Arnault, who ... joined a rock band. “You have to at least try to do something else," he said.
Read more about these wealthy heirs by clicking the link below.

Fiat heir Lapo Elkann gives the thumbs up on the occasion of the presentation of his clothing company Italian Independent at a shop in Turin, Italy.
Fiat heir Lapo Elkann gives the thumbs up on the occasion of the presentation of his clothing company "Italian Independent" at a shop in Turin, Italy.   (AP Photo /Massimo Pinca)
Donald Trump poses with his daughter Ivanka Trump at a party in Los Angeles.
Donald Trump poses with his daughter Ivanka Trump at a party in Los Angeles.   (AP Photo/Chris Pizzello, File)
Lapo Elkann and Bianca Brandolini d' Adda in Rome, Italy.
Lapo Elkann and Bianca Brandolini d' Adda in Rome, Italy.   (Getty Images)
Prince Andrea Casiraghi arrives to the Mango Party on July 16, 2007 at Atzaro Hotel in Ibiza, Spain.
Prince Andrea Casiraghi arrives to the Mango Party on July 16, 2007 at Atzaro Hotel in Ibiza, Spain.   (Getty Images)
Actress Mischa Barton, left, and Margherita Missoni arrive at the Metropolitan Museum of Art's Costume Institute Gala, in New York on Monday, May 5, 2008.
Actress Mischa Barton, left, and Margherita Missoni arrive at the Metropolitan Museum of Art's Costume Institute Gala, in New York on Monday, May 5, 2008.   (AP Photo/Peter Kramer)
Margherita Missoni arrives for the New York premiere of Mr. Untouchable, Monday, Oct. 22, 2007.
Margherita Missoni arrives for the New York premiere of "Mr. Untouchable," Monday, Oct. 22, 2007.   (AP Photo/Henny Ray Abrams)
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I expect myself to achieve extraordinarily highly because I have been given this chance in life. It would be stupid of me to say, 'I've got everything. I can sit back and relax.'
- Alex Flick, of the Mercedes-Benz dynasty

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COMMENTS
Showing 2 of 2 comments
wwwonderer
May 11, 2009 8:14 AM CDT
I too am from Chicago, and know of which you speak.
ArtfullyViscious
May 11, 2009 2:10 AM CDT
This is pleasing and impressive! Many young men and women born with a proverbial "silver spoon in their mouth" seem to WANT to live off the hard work that one of their ancestors put into making the family name more respectable and their actual family more comfortable. (Paris Hilton comes to mind) But for this generation to stand up and say "No" to being given it "All" shows that good upbringing can run in all families, regardless of wealth. I live in Chicago where the Pritzker family (owners of the Hyatt chain) reign supreme. The family is ran by an iron clad matriarch named Penny Pritzker who strives for the family to work AND give back to major philanthropic ventures through volunteering and fund raising. It really is encouraging to see other families of similar stature pass on the same sense of respect and dedication.

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