The singer's parents split when she was five, and her mother's second marriage broke down when she was 19.
The photo is the second time Chavez's daughter has made headlines for allegedly flaunting her family's lavish lifestyle, the first being when she posted a photo of herself meeting pop star Justin Bieber.
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Morgan Stanley, people familiar said, is the strong frontrunner for the much-coveted "lead left" position on Facebook's IPO documents to be filed with the Securities and Exchange Commission