In a new interview with New York magazine, little ol' Katie Holmes admits her precocious paparazzi-bait daughter is better at being famous than she is, perhaps because she's still starstruck with Tom Cruise.

Caroline Giuliani, the Obama-supporting thespian daughter of Rudy—and a senior at Harvard—has been arrested for shoplifting from a skincare and beauty store on the Upper East Side. But why would a rich kid like Caroline steal?

New rumored cost of Chelsea Clinton's wedding: "between $3 million and $5 million." Estimated cost of her fancy porta-potties: $15,000. I don't believe this crap, but am nonetheless curious about the $15,000 crapper. [NYDN, TMZ, image via TMZ]

Want to see a privileged white kid get his ass kicked? Al Gore Jr. ("Kid Blanco") is participating in a heavyweight Wall Street boxing match tomorrow, for indulging homoeroti—I mean, for charity. His opponent: Ken "The Carnivore" Cunningham.

Donald Trump Jr. is pitching a reality show called Keep It In the Family, in which he'll convince heirs to take over their patriarchs' businesses. It's the only way to resolve the cognitive dissonance associated with inheriting Donald Sr.'s hair.

Lest there be any doubt that Suri Cruise's life is better than yours: "Along with having over 100 pairs of shoes… 4-year-old Suri proves again she can keep up with adult trends—this time with her very own iPad."

A mysterious cache of videos of the Jackson children—apparent leaks from self-made videos and webchats—show Paris on iChat, Blanket pretending to be a Jedi knight, and other rambunctious games.

Ayla Brown, the American Idol-singing daughter of Massachusetts Sen. Scott Brown, just landed a job as a CBS Early Show contributor. Old nepotism: Inheriting your parent's political seat. New nepotism: Parlaying it into a media career.

As a high schooler, Caroline Giuliani's Facebook endorsement of Obama delighted Democrats and embarrassed her estranged father, Republican presidential hopeful Rudy Giuliani. Now little Caroline is all grown up and starring in bizarre YouTube soap operas with her Harvard friends.

Meg Whitman's sons, Griff and Will Harsh, have been kicked out of prep schools, an eating club, dormitories, and Princeton's class of 2008, say people who know them. One incident involving the n-word is already internet famous.

A defacto bodyguard lived at Princeton with Griff Harsh to assuage the kidnapping fears of his mom, California gubernatorial candidate Meg Whitman, according to a longtime Gawker commenter close to the university. And the rich kid's suspension? Probably academic.

California gubernatorial candidate and tempestuous eBay billionaire Meg Whitman doesn't use her kids on the trail. Is it because she respects her Ivy League sons' privacy, or because at least one of them is a liability?

Philippe Dauman Jr. can't stop flouting taboos. Friends remember his Park Avenue orgies. Family members note he joined Google when his father's Viacom sued it for $1 billion. Even San Francisco, we hear, is too tepid for him.

The recession worried promoters, but Coachella turned out to be a "super happy" success this weekend, according to the music festival's organizers. The secret to selling $270 tickets in this economy?

Si Newhouse Jr. ordered more layoffs at Condé Nast last month; receptionists and online writers were promptly fired. But the magazine honcho apparently doesn't mind adding another Newhouse to the payroll.

Julia Restoin-Roitfeld has a problem, the Gothamite daughter of Carine Roitfeld said in a Page Six Magazine video: being "over-the-top sexy." She fixes this with punky outfit flourishes.

Oh, hey you guys, anyone know of a good apartment for Frances Cobain? She's thinking downtown, a room for her mom, maybe an office. No more than $7 million, though. Eight, tops.