It is safe to say your average 13-year-old is suitably indulged when his barmitzvah presents begin to arrive.

But such spoils pale in comparison to the lavish goods posted online on Rich Kids of Instagram.

The website shows photos of pampered teens blowing wads of cash on Ferraris, private jets and Michelin-starred dining.

But Tomer Sror, 26, insisted his lifestyle is the result of "hard work and a lot of ambition". The Israeli trader, who regularly posts images of himself swigging Dom Perignon, added: "When you are in a position that you can pretty much get anything in life, you just go for it and live life to the fullest."