Our summer was better than yours! Rich Kids of Instagram head back to school after three months of partying hard - and maxing out daddy's £300,000 credit card limit

From relaxing on private, million-dollar yachts to taking the Ferrari for a spin to the Hamptons, the Rich Kids of Instagram have been documenting each self-indulgent moment on social media. Most images show just how much money they - or in some cases, their parents - have to blow: 'Maybe this can work..' wrote Alec Steinberg under a photo of his credit card statement, which his father changed from having 'no limit' to a $500,000 limit in July.