You are viewing a single comment's thread from:
RE: Nouveau wealth vs old wealth
Assets like stocks, property, a trust fund, and if you went to private school rather than public school. If you grew up rich rather than poor, if your family is connected socially to the government or other traditional or legacy institutions, then you're old money
Where do we classify one who inherited wealth not enough to be a millionare but got his game right to make himself a millionaire?
Or Someone whose family got the connection but he had to help himself become rich?
It depends on how rich is defined in your country. If you inherited enough to be born into financial independence without having to earn it then you are old money.
Reference