Nepo Baby

Meaning:

Nepo baby, short for nepotism baby, is a term referring to celebrities whose parents have succeeded in the same careers. A notable or powerful person, such as a celebrity or politican, with a parent who is also notable or powerful, especially one whose industry connections are perceived as essential to their success

Source: Wikipedia

https://en.wikipedia.org/wiki/Nepo_baby#:~:text=Nepo%20baby%2C%20short%20for%20nepotism,succeeded%20in%20the%20same%20careers.
Further Reading:

1. https://later.com/social-media-glossary/nepo-baby/
2. https://childreninfobank.com/safebank/meet-an-airline-nepo-baby-hes-flown-for-free-since-birth-gets-upgraded-to-business-class-and-books-last-minute-trips-to-tokyo-and-sydney/