according to "the new york times", socialites spend between $98,000 and $455,000 per year (young and old, respectively) to maintain their roles as successful socialites. just the evening wardrobe of an individual regularly attending society functions can cost $100,000 annually. examples of american socialites include kim kardashian, jill kelley, tinsley mortimer, olivia palermo, lauren santo domingo, derek blasberg, and jean shafiroff.