Allie Romney, Mitt Romney’s granddaughter and the daughter of Tag and Jenn Romney, is the latest elite youngster to feature on the blog Rich Kids of Instagram.

Rich Kids of Instagram 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.

Showing she is most definitely not amongst the 47% grandfather Mitt Romney 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!” Allie 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.

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

Allie Romney appears on Rich Kids of Instagram not only wearing an expensive ball gown but clutching Oscar de la Renta’s arm

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.

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.

In stark contrast to the thousands who were left without power, food and clean water for days, the wealthy teens and young adults posted photos of themselves stockpiling room service, rather than tinned food, and driving a Lamborghini to pick up fast food.