Old Money (2024)

Old Money is an aesthetic based around a wealthy, classic style. Old Money refers to people who have inherited their wealth instead of working for it. In the United States, Old Money is associated with WASP (White Anglo-Saxon Protestant) culture, and in Europe, Old Money is associated with titles of nobility.

Contents

  • 1 History
    • 1.1 Other terms
    • 1.2 Location based terms
  • 2 Values
  • 3 Visual
  • 4 Fashion
    • 4.1 Clothing
    • 4.2 Accessories
  • 5 Home Decor
  • 6 Notable People
    • 6.1 United States
  • 7 Media
    • 7.1 Books
    • 7.2 Documentary
    • 7.3 Movies
    • 7.4 Music
    • 7.5 TV Shows
    • 7.6 Fictional Characters
  • 8 Gallery
  • 9 References
  • 10 Resources
    • 10.1 Books
    • 10.2 Pinterest Boards

History[]

Old Money is most prominent in countries where there was no aristocracy but instead an elite social class held a status nearly equal to an aristocracy.

In the United States, the oldest Old Money families are the ones which can trace their ancestry back to the passengers on the Mayflower. Other families are considered Old Money when they can trace their ancestry back to the founders of a prestigious town such as New York City, for example the fictional van der Woodsens in Gossip Girl, who are descendants of Dutch settlers in New York.

The Social Register, a list of the wealthiest and most influential American families was first published in 1887. Some major cities have their own versions of the Social Register. In recent times, it has become less of an indicator of Old Money pedigree.

In the 1930s, Old Money families traced their wealth back to at least the American Revolution. Those who had gained wealth around the time of the American Civil War and during the Gilded Age, were not yet considered Old Money. Today, families whose wealth dates back only to the Gilded Age are considered Old Money.

Other terms[]

Blue Blood is a term used to refer to people descended from nobility. Although not all Old Money families have Blue Blood, a family with Blue Blood is more likely to be Old Money than not.

In 1844, the phrase The Upper Ten was used to refer to the 10,000 richest people in New York City. During the Gilded Age, The Four Hundred was used to refer to the four hundred wealthiest families in New York City. The list included the Astors and the Vanderbilts.

Many Old Money families are also WASPs (white Anglo-Saxon Protestants).

Location based terms[]

The Boston Brahmin, First Families of Virginia, and Old Philadelphians are location-based terms for Old Money groups in the US. They refer to the Old Money families from Boston, Virginia and Philadelphia, whose ancestors were the founders of that respective city or state.

Posh is a term most used in Great Britain to mean a wealthy, upper class person, although the term includes both Old Money and new money. It has spread to other English-speaking locations.

Values[]

  • Image
  • Education, with many children attending boarding schools and later Ivy League colleges
  • Tradition
  • Who a person or family knows

Visual[]

This aesthetic can be described as very sophisticated and classy. The visuals indict wealth and history.

  • Mansions
  • Hermes Birkin
  • Fresh flowers
  • Horses
  • Tennis courts
  • Large swimming pools
  • Taxidermy animal heads
  • Antique cars
  • Paintings of ancestors
  • Private school
  • Country clubs
  • Social and athletic clubs
  • Exotic animals

Fashion[]

The key is understated elegance. The clothes may appear plain or boring, but they are high quality. Old Money fashion is sometimes confused with Prep, but the color palette is more muted, and black and purple are used. In recent times, the terms "stealth wealth" and "quiet luxury" have been used to describe the Old Money aesthetic. The terms were first used to describe the clothing worn by characters on the television show Succession, however, these characters are not part of a true Old Money family. In March 2023, Gwyneth Paltrow was praised for her elegant, understated clothing worn for her court appearances.

Clothing[]

  • Navy blazers
  • Tailored suits
  • Tailored shirts and blouses
  • Turtlenecks
  • Cable knit sweaters
  • Wool coats
  • Trench coats
  • Oxfords
  • Low heeled pumps
  • Pantyhose
  • Tweed skirt and jacket sets (Chanel/Jackie Kennedy inspired)
  • Houndstooth clothing such as blazers, skirts and dresses
  • Mary Janes

Accessories[]

  • Pearl necklaces, earrings, and bracelets
  • Designer handbags without logos
  • Fascinators
  • Hats
  • Antique brooches
  • Cufflinks
  • Signet rings
  • Dark sunglasses
  • Silk or cashmere scarves
  • Leather gloves
  • Horn-rimmed glasses

Home Decor[]

  • Poreclain figures
  • Antique furniture
  • Oil paintings
  • Vases with flowers
  • Antique clocks
  • Marble busts
  • Flocked wallpaper
  • Fireplaces
  • Porcelain, crystal and gold tableware
  • Classic chandeliers

Notable People[]

United States[]

  • The Kennedy Family (JFK, RFK, Jackie, JFK Jr., Maria Shriver, etc.)
  • The Kelly Family (Grace Kelly, John B. Kelly Sr., etc.)
  • The Vanderbilt Family (Gloria Vanderbilt, Anderson Cooper, Timothy Olyphant, etc.)
  • The Hilton Family (Paris Hilton, Nicholai "Nicky" Hilton, etc.)
  • The Hearst Family (Patty Hearst, Lydia Hearst, etc.)

Media[]

Media focusing on Old Money tends to contrast the wealth of the lifestyle with darker themes like murder, tragic deaths, depression, and drug and alcohol abuse. Characters often have difficultly expressing real emotions due to not being shown the love of a parent during childhood.

Another common element is the conflict between Old Money characters and New Money, or Nouveau Riche, characters. Media often centers around conflict with individuals who were not born into pedigreed families and made their fortunes recently, such as on Wall Street or in show business. Old Money characters often look down on New Money because of their ostentatious displays of wealth, and use it as evidence as to why their money is inferior.

Books[]

  • A Separate Peace by John Knowles
  • Cheerful Money: Me, My Family, and the Last Days of Wasp Splendor by Tad Friend
  • Early Autumn by Louis Bromfield
  • Freckles by Gene Stratton-Porter
  • The Forsyte Saga by John Galsworthy
  • The Great Gatsby by F. Scott Fitzgerald

Documentary[]

  • Grey Gardens (1975)

Movies[]

  • All the Money in the World (2017)
  • Beatriz at Dinner (2017)
  • Blue Jasmine (2013)
  • Breakfast at Tiffany’s (1961)
  • Brideshead Revisisted (1981)
  • Café Society (2016)
  • Grace of Monaco (2014)
  • High Society (1956)
  • Io sono l'amore (I Am Love) (2009)
  • Jackie (2016)
  • Knives Out (2019)
  • Metropolitan (1990)
  • Mona Lisa Smile (2003)
  • Poor Little Rich Girl (1987)
  • Rebecca (1940)
  • Thoroughbreds (2017)
  • The Talented Mr. Ripley (1999)
  • The Philadelphia Story (1940)
  • The Great Gatsby (2013)
  • Titanic (1997)

Music[]

  • Super Rich Kids by Frank Ocean
  • Champagne Problems by Taylor Swift
  • The Last Great American Dynasty by Taylor Swift
  • Brooklyn Baby by Lana Del Rey
  • f*cked My Way Up To The Top by Lana Del Rey
  • Money Power Glory by Lana Del Rey
  • Old Money by Lana Del Rey
  • Salvatore by Lana Del Rey
  • Showed Me (How I Fell in Love with You) by Madison Beer
  • Young and Beautiful by Lana Del Rey
  • Primadonna by Marina
  • Money Power Glory by Lana Del Rey
  • National Anthem by Lana Del Rey
  • Chemtrails over the Country Club by Lana Del Rey
  • Old Cape Cod by Patti Page
  • Tennis Court by Lorde

TV Shows[]

  • Altes Geld (2015)
  • Gilmore Girls (2000-2007)
  • Gossip Girl (2007-2012)
  • Succession (2018-2023)

Fictional Characters[]

  • Julia Pendleton from Daddy-Long-Legs by Jean Webster
  • The Buchanans in The Great Gatsby by F. Scott Fitzgerald
  • The Stafford family in Kitty Foyle (1940)
  • The Sheffields and C.C. Babco*ck in The Nanny (1993-1999)
  • The Malfoy family in the Harry Potter series
  • Emily and Richard Gilmore, and the Huntzberger family in Gilmore Girls (2000-2007)
  • Boris from Royal Pains (2009-2016)
  • The Voorhees family in Unbreakable Kimmy Schmidt (2015-2019)
  • Blair Waldorf from Gossip Girl (2007-2012)
  • Blair Warner from The Facts of Life (1979-1988)
  • The Wayne family in most Batman media
  • Jonathan Joestar and the Joestar Family from Jojo’s Bizarre Adventure: Phantom Blood

Gallery[]

Old Money (1)

The Clooneys are not Old Money but are well-known for the impeccable dress sense, which is influenced by Old Money styles.

Old Money (3)

Old Money (4)

Old Money (5)

Lynn Forester de Rothschild, Lady de Rothschild, a member of the Old Money Rothschild family by marriage

Old Money (6)

Gwyneth Paltrow during a court appearance in March 2023

Old Money (7)

Maison de Pillars

Old Money (8)

Succession Opening Credits Theme Song - Succession - HBO

References[]

Resources[]

Books[]

  • The Old Money Book by Byron Tully
  • Old Money: The Mythology of Wealth in America by Nelson W. Aldrich Jr.
  • Class: A Guide Through the American Status System by Paul Fussell
  • The Senator and the Socialite: The True Story of America's First Black Dynasty by Lawrence Otis Graham
  • Debrett's Illustrated Guide To The Canadian Establishment by Peter C. Newman

Pinterest Boards[]

  • –old money by °❀𝔸𝕝𝕝𝕪𝔹𝕖𝕝𝕝𝕖❀°
Old Money (2024)

FAQs

How to tell someone is from old money? ›

This lot — the old money crowd — they have an entirely different approach to wealth and society. They're not into random flashy cars, colossal yachts, or diamond-encrusted watches. They value discretion, education, philanthropy, good manners, and long-term thinking.

What do they say about old money? ›

Old money is very privileged; there's no denying it. But most families lose their wealth in just a few generations. Old money families do work hard to maintain and grow their wealth for their future generations. They are able to avoid seeing their fortune dwindle.

What are examples of old money? ›

Q: What is an example of old money? A: The Vanderbilt or Rockefeller families are examples of old money, as their wealth has been inherited over generations. You can also find examples of “old money” on current billionaire lists, including the Walton family of Walmart fame.

What are the principles of old money? ›

  • They are generally well behaved and know good etiquette. ...
  • They are always well groomed and have a put together look.
  • Always wear timeless clothes and accessories. ...
  • Always well informed and well connected. ...
  • Closeness with old money peers only. ...
  • Knows how to handle all sorts of people. ...
  • Money minded.
Sep 9, 2023

What are old money Behaviours? ›

Beyond fashion, the old money lifestyle encompasses values, behaviours, and etiquette, highlighting cultural appreciation, intellectual pursuits, excellent social skills, philanthropy, and a preference for discretion and privacy.

How many generations to be considered old money? ›

But despite this tremendous inherited wealth, the Walton family are not considered “old money people.” Most social scientists state wealth must be sustained through more than three generations before being considered “old money”.

What do you call someone from old money? ›

Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth".

What are the core values of old money? ›

The Core Values.

These include: Health, Education, The Work Ethic, Etiquette & Manners, Financial Independence, Family & Marriage, and Privacy.

What are old money vibes? ›

The Old Money Aesthetic is more about quality than quantity. It's about investing in a few timeless, well-made pieces rather than having a large wardrobe. Look for classic items at thrift stores, vintage shops, or invest in high-quality pieces that will last for years.

How do old money people dress? ›

The old money aesthetic is sophisticated and timeless. It embraces classic wardrobe staples that stand the test of time, like a well-tailored blazer or a crisp white button-down shirt. Instead of flashy logos or bold patterns, old money style leans towards understated luxury. It's all about the subtle details.

How do you know if someone comes from old money? ›

People with generational wealth are less likely to spend spontaneously. An old money family places practicality above convenience. People with old money spend their time attending high-class social events and participating in less accessible activities like polo or sailing.

How long does it take to be considered old money? ›

Many of the families living in the United States with old wealth descended from the early industrialists. New money is more common among entrepreneurs and celebrities. There is no specific number of years money must be passed down for wealth to be considered old.

How to live the old money lifestyle? ›

  1. No conscious need to show off their wealth. Truly "old money" families do not care about brand names, and they do not go out of their way to buy flashy, branded items. ...
  2. Total comfort around domestic servants. ...
  3. Adherence to old-school traditions and notions of politeness. ...
  4. "Old-school" hobbies.
Aug 26, 2019

Who are the most powerful old money families? ›

The Vanderbilts, Gettys, and Rothschilds are synonymous with extreme wealth, but are these legendary old-money families still as rich and powerful in 2024?

What is the golden rule of money? ›

It's a simple rule, but it's still the most potent piece of money wisdom: don't spend more than you earn. Living within your means is a sure-fire way to stay out of debt, avoid creeping interest costs and create financial stability.

How would you describe old money? ›

It is a social class of the rich who have been able to maintain their wealth over multiple generations, often referring to perceived members of the de facto aristocracy in societies that historically lack an officially established aristocratic class (such as the United States), in contrast with new money whose wealth ...

What does old money look like? ›

The old money aesthetic is sophisticated and timeless. It embraces classic wardrobe staples that stand the test of time, like a well-tailored blazer or a crisp white button-down shirt. Instead of flashy logos or bold patterns, old money style leans towards understated luxury. It's all about the subtle details.

How do old money talk? ›

Within the intricate ballet of 'Old Money' social interactions, a recurring behavior is the art of questioning without revealing too much. Often, 'Old Money' individuals steer the conversation by asking well-placed questions, eliciting responses while subtly withholding personal information.

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