1. The Rich Kids was formed by bassist Glen Matlock shortly after leaving/being fired from the Sex Pistols. He was joined by future Ultravox vocalist Midge Ure, guitarist Steve New and drummer Rusty Egan. The Rich Kids managed to record one album, Ghosts of Princes in Towers, before breaking up. 2. The Rich Kids are the next musical movement from Atlanta, Georgia. Comprised of members: Rashard, Babe Kaelub, Baby Charles, Lil Juney and Skool Boy, The Rich Kids have the Atlanta underground music-scene going nuts.