That's a Mitt rich: Romney's 16-year-old granddaughter proves she's not in the 47 per cent as she poses in designer dress on lavish 'Rich Kids of Instagram' blog



It's well known Mitt Romney is rich and now his granddaughter has shown just how weighty the Presidential nominee's wallet really is.

Allie Romney - the daughter of Tag and Jenn Romney - is the latest elite youngster to feature on the blog 'Rich Kids of Instagram.'



The website rounds up photos snapped by America's wealthiest offspring as they drive Lamborghinis, drink copious amounts of Dom Perignon champagne and generally indulge their every, invariably expensive, whim.

Rich: Allie Romney, pictured with fashion designer Oscar de la Renta, is the latest elite youngster to feature on the blog 'Rich Kids of Instagram'

Showing she is most definitely not amongst the 47 per cent her grandfather famously wrote off, the pretty 16-year-old appears on the site not only wearing an expensive ball gown but clutching its famed fashion designer's arm.

'Oscar de la Renta I love you lots sir! Thank you for everything!' Ms Romney wrote on two photos posted a couple of months ago on her Instagram page.

Mitt Romney, who is hoping this time next week he'll have been named the country's 45th president, is worth an estimated $250 million, according to Bloomberg News.



Granddad: Allie, pictured left, has benefited her grandfather's $250 million fortune

Instagram: Allie, pictured left and right with Oscar de la Renta, regularly posts photos of herself on the photo sharing application

He earned his fortune when he helped pioneer the private equity industry as co-founder of Bain Capital.



With the motto 'They have more money than you and this is what they do,' 'Rich Kids of Instagram' follows the lavish lifestyles of such rich kids as Hilton hotel heir Baron Hilton and the Dell CEO's daughter Alexa Dell.

The heirs and heiresses are seen using private jets, driving hot pink Bentleys and quaffing limited edition bottles of Perignon in the pictures they upload to their Instagram accounts, which anger and disgust the many who disagree with the staggering level of excess.



Obscene: One of the many Rich Kids followed by the blog posted this photo before Hurricane Sandy struck with the comment 'Preparing for the hurricane. #stregis #roomservice'

Celebration? Another rich kid, Chase Newt, uploaded this photo during the hurricane with the hashtags #aston #dom #hermes #givenchy

Stark contrast: As thousands were being ravaged by the storm, Tyler Meagher posted 'Taking the Lambo through the drive-thru' on Instagram

Summing up the obscene opulence that is the norm for these youngsters, 'Rich Kids of Instagram' has chronicled how its regulars fared through Hurricane Sandy, as it ravaged large parts of New York, New Jersey and a raft of other states.

