Rich kids of Instagram share photos of their extravagant festivities

For many people, Christmas is a time of mulled wine, carols and cosy nights in, writes dailymail.co.uk.

But these self-described rich kids celebrate the festive season in a rather different way. 

From lavish shopping sprees to piles of designer gifts, there is no expense spared for these multi-millionaires. 

Heiresses, entrepreneurs and offspring of the rich and famous have taken to Instagram to share snaps of their extravagant holidays. 

 The jaw-dropping images capture exquisitely decorated foyers, high-end shops and beautifully wrapped presents stacked beneath twinkling trees. 

So scroll down to see some of stunning Christmas snaps - but be warned they might make you more than a little bit jealous... 

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