Learn English – word or an idiom for people who only spend their families’ money and fool around

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Is there a word or an idiom for rich people who spend only their families' money and do not bother to work, just fool around?

Best Answer

They are known as "trust-fund babies" or "trust-fund kids":

from Dictionary.com:

noun: a child of wealthy parents or other relatives who can rely on a trust fund rather than hard work for a living