This new concept sounds dumb. These kids are born in the lap of luxury , travel in private jets. Best thing is set up a trust fund and slowly train them to manage it and wean them off the parents. But to learn to live with trust fund or if they are talented help run some business or something.
it is not like the rest of us who grow up and take great joy at purchasing a small apartment. I was so happy when I bought my first used car -for 3,000 bucks. That thing gave me another 100,000 miles with barely any issues-then suddenly fell apart. It was a great achivement for me. How is a kid who grew up flying private jets and servants etc be happy saving up and buying a used car?
It is what it is-have some compassion for the kid's condition and help set them up for adult life.