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LOUIS Vuitton shopping sprees, champagne yacht parties and flash holidays - this is how the Rich Kids of London are spending their Christmas holidays.

As snow hits much of Britain today, some are flying off to sunnier climates in their flash private jets.

While others are hitting the capital's many designer jewellery stores, in search of limited-edition watches which cost hundreds of thousands of pounds.

In one clip, a lad can be seen browsing for Jacob & Co's Astronomia Sky watches.

There are only 18 of the timepieces available worldwide, and they sell for £430,000 - according to .

In another snap, trader Dimitriy stands on the edge of a yacht's pool - proudly showing off his stash of champers.

While others have been boasting about their "last min Christmas shopping", showing off stacks of Louis Vuitton bags which are spilling out of the boot.

A van full of orange bags and a stack of dozens upon dozens of perfectly wrapped presents also feature on the page.

Some have also shown off their towering Christmas trees, wads of cash and brand new supercars.

And, if you're wondering what to buy for the billionaire who has everything, the sparkly red sports cars in the top clip could do the job!

We previously revealed how people are now renting 'private jet studios' for as little as £185, so wannabe Rich Kids can PRETEND to be flying in style.

While the Rich Kids of Greece have also taken to Instagram to flaunt their lavish lifestyles and endless partying.

But be warned - their pics will make you green with envy.

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