. >>> this is jack watkin. jack is 17.othing will stop him from having a $2.4 million car collection. jack is a rich kid of instagram. all of this happened with his parents' money. his biggest purchase was a hand watch, a $700,000 u.s. watch. but it tells the time. his dad made his fortune in property. >> so fairly successful, right? and they have money to spend, so -- >> we can't identify but they've got it to spend it so spend it. >> he does like to spend it. likes to spend it on clothes. this is a glorious interview. >> i think the most i spend on clothes is normally on -- because the price is very high. i prefer it because a lot of people can't buy it. >> that's why he likes it, other people can't afford it. his friend angeline talks about it. >> we fly for a night out. >> these things don't just happen, they take a lot of time. having a private jet doesn't just fly itself. you need somebody to fly it. >> a pool doesn't clean itself, you have t hire someone to clean it. it's not easy. i think i'm more mature than most