12 Entitled Kids Of Millionaires Who Got Humbled Really, Really, REALLY Quickly By The Real World

A while ago, Reddit user u/GhostRxm asked, "What was the best moment you've seen where the real world hit a spoiled rich kid?"

A handful of the submissions in the thread were about kids who had (or whose family) had millions. The stories ranged from funny to straight-up scandalous, so here are the best ones:

1. "A kid I knew won a cool million off a scratch ticket when he was 19. He acted like a big shot, arrogantly buying rounds of drinks for entire bars. He didn’t do anything productive for 20 years. Then he got the last check — an alcoholic with no savings, no assets, and no skills. He is now in and out of hospitals for alcohol poisoning. He lost his paper-hat job, his girlfriend, and everything else."

— u/wastingtoomuchthyme

2. "A guy from my robotics group had his entire life handed to him. His dad was stupidly rich because his own father had bought shares in an oil field that turned out to have 40 times the expected yield, turning a $100,000 investment into around $3 million. He then invested that money into real estate rentals. The guy decided it would be fun to go on a school trip to Philadelphia, acting rich as ever. He drove his lifted, modified SUV to a school in North Philly where we were doing a robotics event, talking to younger kids about how fun it was and how their school had started offering it. After that, we were supposed to go to the Franklin Institute from 10 a.m. to 3 p.m., followed by a Phantoms hockey game. Well, at 9:30, we left the school to see our bus driver talking to cops. Five kids had driven themselves down, and guess which car was stolen? His $90,000 monstrosity was missing."

"After two months, all that was ever recovered was his stereo from a pawn shop and his laptop. The best part? He didn't have insurance on it yet because he said, 'I can just buy the other person’s car if there's an accident. Anyway, I'd win the fight.' His dad flipped out over it, cut his allowance to $200 a month, and forced him to drive a beater."

— u/suitology

3. "A friend of mine from college, whose parents were rich enough to own multimillion-dollar homes in America and Europe, used to belittle me for being happy to go to whatever medical school I could get into. I ended up getting into my state school, and she responded by saying she could get into that school in a second because her mom had connections in the admissions department. She added that she would never bother applying there because it wasn't a good school. She also claimed that her mom could get her into a top 20 ranked school. Throughout college, she had this attitude towards me, implying that even though I was doing better than her in classes, I would end up at whatever school would take me while she would go to her dream school because that's just how the world works. I checked up on her on Facebook this year, and it turns out she’s not exactly at her dream school."

"She is at her state medical school, which is actually significantly lower ranked than the one she mocked me for attending. I don't want to say I was hoping she wouldn't get in anywhere because that’s a little harsh, but I was happy to see her get put in her place a little bit."

— u/houdilini

4. "There was this one kid, about 13 or 14 years old, who was talking online about how her family wouldn’t take her on holiday for the second time that year. We called her out for being a spoiled brat, and she responded with, 'I’m not rich, my family only makes a million a year. My summer camp isn’t even $3,000,' and other reasons why she couldn’t possibly be rich. It was quite a shock to her to learn that most people don’t go on holiday more than once a year and certainly don’t pay over $2,000 for a summer camp. She grew up in a quite well-off area, so for her, this was lower-middle class. She didn’t take it well."

— u/HoneydustAndDreams

5. "A kid I went to high school with came from a very wealthy family, worth hundreds of millions per sibling of the original company founder. He was the child of one of these siblings and would regularly be picked up from school in insane supercars. His family was actually pretty cool; they just happened to enjoy their money in that way. This kid, however, thought the world was his. He eventually moved to the US and quickly became a Trump supporter, posting all over his page about Trump being a god-tier president and attacking welfare users and immigrants (despite being an immigrant himself). That was until his visa renewal was rejected, and he ended up back in the UK. Without his parents' support, he found himself lining up at the job center looking for work."

"His high school qualifications were no longer cutting it in the job market once his parents weren’t handing him jobs and visa sponsorships. Ironically, his Trump-supporting posts were the reason his parents essentially disowned him. Word had gotten around our small town, and they couldn’t deal with the embarrassment of their kid's actions (especially in Scotland). They essentially told him to find those bootstraps he kept posting about on Facebook."

— u/Awfy

6. "This kid I went to high school with had a dad who was the CEO of a business that sold prison doors. As if they weren’t already loaded enough, that business recently sold for a cool hundred million dollars. RK (rich kid) essentially had unlimited access to his dad's bank account. RK had a bad habit of showing off, so of course, he would document everything on Snapchat, making his stories quite entertaining.RK was hugely into automatic weapons, crazy drugs, and, most of all, his decked-out 5.0 Mustang GT. Every other day, there would be stories of him racing and getting tickets, and he would be laughing as the cop handed him the ticket. He got over 20 racing tickets that he would number on Snapchat."

"Then, one day, his stories stopped. It had been about six months, and just last week, I noticed he had a story up. I clicked on it, and it was him giving an explanation for his disappearance. He bragged about how he was racing, flew off the road, hit another car, causing a wreck, and then wrapped his Mustang around a pole. The next story was him saying he woke up in the hospital covered in cuts and bruises and was immediately arrested and taken to jail, which is where he has been."

— u/son_of_titian

7. "I knew this kid in high school who was a real smug guy. For reference, his parents were multi-millionaires in an area where if you made over $100k, you were considered wealthy. He was always bragging about how much nicer his things were compared to everyone else’s and had no real concept of money. His answer to any problem was, 'Just have your parents buy you a new one.' This dude thought he was hot stuff. A few years later, his parents were arrested for stealing something like $50 million through fraud over several years."

— u/BruceWaynesTARDIS

8. "My best friend in high school's dad hired him as a stockbroker right out of college. Our hero decided to 'take a loan' from one of his client accounts to start his own business. His dad bailed him out and pled down to non-felony charges. It cost his dad millions because the brokerage suspended him due to his kid's actions, and he paid to make the client whole."

— u/cbelt3

9. "A guy a few years ahead of me dropped out of high school. By 21, he was a millionaire from peddling Canadian pharmaceuticals. He had high-end Porsche trucks, a huge house pool, and, I'd imagine, a bank account that never depleted. All this smacked him when the FBI raided his place and seized everything. I have never bothered to look him up since."

— u/Gephoria

10. "Some kid at my old school had a father who owned an oil company worth millions. He decided that his Xbox was more important than preparing to run the family business. He hated learning. He was always flexing on everyone in school, giving hundreds of pounds worth of in-game currency to his friends. What wasn’t fine was that he had no respect for his parents. He swore at them to get everything he wanted, threatening to go berserk if he didn’t fly first class on Emirates every year. When the summer came and went, and the results came out, he didn’t even pass GCSE business studies. His father barred him from taking over the business and left it to a more capable cousin."

— u/Infiltron

11. "A girl I knew in high school was worth hundreds of millions of dollars — not her parents, her. During her parents' divorce, her father put all their money in her name to ensure the wife wouldn’t walk away with tons of money. So imagine a 17-year-old diva with nine digits in her bank account. I actually took her to homecoming, but that’s beside the point. The divorce eventually went through, but she still had access to all the money. Fast forward four years, after numerous worldwide vacations that spanned months at a time, and her dad finally sits down to do the math to see exactly how much money she has spent. The girl managed to blow just shy of $2 million on who knows what. Her dad was furious but nevertheless generous enough to get her an apartment in California before cutting her off entirely."

— u/cmmayfield

12. And lastly, "My maternal grandfather was loaded rich, a bona fide millionaire. When he died, my uncles took over his various businesses. One uncle made a pile of money, while the others kind of became the rich playboy types. This attitude descended to my cousins. My two playboy uncles blew all the cash on gambling, big houses, cars, and other luxuries. Some of my cousins did alright, becoming working professionals and businessmen. But one cousin drifted from thing to thing, family to family, constantly doing all kinds of iffy stuff to make money and keep up the 'lifestyle to which he was accustomed,' as they say. According to my father, this resulted in said cousin borrowing money from some very unsavory characters — basically, loan sharks — and fleeing the country."

"He showed up on our doorstep out of the blue one day, without a word of warning, having flown all the way from where he lived. And he disappeared just as fast. God knows where and how he is now. The last I heard was when I caught up with some mutual relatives—cousins who are the kids of one of the more successful uncles—and they said he was getting in and out of trouble."

— u/Dippycat149

Now tell us a moment when you saw a rich kid be humbled by the real world (or use this Google Form if you want to be anonymous).