Jackababy

A male douche bag, specifically one who is white, blessed with monies, and acts like a spoiled baby; always gets what he wants, even at the expense of others. Typically the offspring of someone holding a position of power, such as a lawyer, doctor, politician, or member of the C-suite.

See Tom Brady, Grayson Allen, Brock Turner, etc.

Rick: "Did you hear about that party James is throwing on his dad's yacht this weekend?"
Mike (said angrily): "Yeah, dude, he's a such jackababy."