Places like Vaucluse, Point Piper, and Double Bay are home to sprawling waterfront estates worth tens of millions. Yacht parties in Sydney Harbour are practically a weekend tradition. Known for historic mansions and luxury cars cruising down leafy streets, this is old-money Australia at its finest. For the younger crowd, luxury beach houses and boutique parties create a playground for influencers and socialites. Internationally, you’ll spot them at Coachella, the Monaco Grand Prix, or Aspen ski resorts, often documenting every step on Instagram stories.
A growing number of new-money millionaires in start-ups and investment firms. The Melbourne Cup and Polo in the City attract the young wealthy in designer outfits. These gatherings often blur into networking opportunities, where the children of CEOs, politicians, and celebrities forge connections that will carry into their adult lives. Shows like Young, Rich & Famous and Instagram hashtags have made the Australian “rich kid” lifestyle a source of fascination worldwide. On one hand, it’s aspirational — luxury fashion, exotic travel, and VIP events. On the other, it highlights the growing divide between wealth and everyday life in Australia.
