The word for today is…
nepotism (noun):
: favoritism (as in appointment to a job) based on kinship
Source : Merriam -Webster
Etymology : Nepotism is favoritism based on kinship, especially in professional contexts. English speakers have kept nepotism in the family since the late 1600s, having adopted it from the French, who were inspired by Gregorio Leti’s 1667 book ‘Il nipotismo di Roma’ (English title: The History of the Popes’ Nephews). The book explores a practice introduced by Pope Sixtus IV: during his papacy in the late 15th century he granted many special favors to members of his family, in particular to his nephews. This practice of papal favoritism was carried on by his near successors. Today, nepotism is mostly associated with business and politics. In recent informal English use, the shortened form nepo has been hitched to the denigrating term baby to refer especially to celebrities who had a parent (or two) who were also in the entertainment industry.
If you enjoyed this BFD word of the day please consider sharing it with your friends and, especially, your children.