I think I might be new money
Kind of panicking. I've always seen myself as old money given my family has wealth up to my grand-parents. Grew up in the most tasteful neighborhoods, wearing the most understated clothing etc. Never saw new money as a good thing as those guys usually wear tacky clothes and drive Mercedes or BMW type cars.
But I recently met some European kids who said I was new money. They have wealth dating back from the Dutch East India Company and it makes me feel really insecure. They said two generations isn't enough to be old money. Is this true? With this whole old money aesthetic trend people are accusing me of frauding old money. This is alarming. How do I cope?
Come on man this is a serious question
I don't know if you are new or old money but if this post is serious and not a troll, I do know something for sure:
You are a stupid
Lol
*edited for spelling
Better than no money
That goes without saying. I couldn't imagine
bro, come on, I will take the post seriously and say, it doesn't really matter. The most powerful people in the world today are new money (think Larry Fink, Carl Icahn, Elon Musk, most forbes list billionaires). Old money aesthetic looks cool and you can be into the aesthetic without actually being "old money". But most "old money" types are losers compared to their actual grandparents. Think of the Rockefellers for example. Modern Rockefellers don't hold a fraction of the power that their great-grandpa had, and Rockefeller was in no way a sophisticated man. He was a ruthless brute who had no time for aesthetics. Most "old money" today drive the same cars, wear the same clothes as their new money peers. the aesthetic is fake.
The old money aesthetic is racist and eurocentric, like wealth/sophisticated families can't exist outside of Europe 🙄
Anyway, this is a stupid thread. If you're really that upset and want to make yourself feel better, just tell them that at least your money didn't come from Indonesian indentured servants/slaves.
And also, drop this superiority complex. "Old money"/middle class/upper-middle class is about values much more than it is how much money or wealth you have sitting around.
Old Money exists in every nation throughout history, no one here is claiming otherwise. You appear to just resent European people.
This reminds me of how Kendall in Succession decried "new money" when they made all their money in 1 generation (Logan).
You're not "old money", champ. Did your grandparents even go to university? Does your family even value higher education? If the answer is "no", then I think we all know what/who we're looking at!
Maybe you'll get there one day.... Well, you won't, but maybe your kid's kids will. I mean, university-goers go back 100+ years (4 generatlons) in my family, so you have a lot of catching up to do.
I'm rooting for you, boy!
They were educated before that but more upper middle class so not that wealthy. Do I qualify?
No, sorry!
At least they didn't say you were nouveau
Yes they were nice people just trying to explain the rules to me. They weren't trying to insult me that's why they didn't use that term. I would have lost it.
This post sums up why people hate you
Me in particular or old money people? I don't have any enemies. I try to be discrete with my wealth and usually don't flaunt it. Thought I'd post here since it's anonymous. Kind of an outlet since you can't talk about this in real life without drawing irrational ire.
Why’d you tag india Lmao
Won't let me remove the tag.
I’m poor but I would say old money for an American should date at least back to the gilded age - think Rockefellers, Vanderbilts, Carnegie.
Makes sense.
True European old money will predate USA itself… these guys are bozos
Duch East India Company does predate the US.
Only the Dutch East India company? My ancestors were Wealth Managers for Mansa Musa (CFA level 1312 BCE).
A clear lie since Mansa Musa lived in the 13th century AD not BC. 13th Century AD isn't that impressive anymore either. I know a guy whose ancestor financed Alexander's conquest and became one of his diadochi.
Never Happened.
I think you need at least 1-2 more generations from where you are to be considered old money. Don't squander your money and your kids / grand-kids will be old money.
Dude, anyone in IB probably isn’t old money. If you were actually rich you wouldn’t have to put yourself through a job like this…
There's a ton of rich kids in IB lol. Some very rich kids too.
how come they choose IB? What experience/skills did their family want them to learn?
Lol imagine feeling inferior to a European
Right? They're only more elegant, educated, classy, worldly, fashionable, in-shape, and better looking than Americans. No reason to feel jealous.
Lol Eurotrash feeling bitter about consistently being in <3rd place
Yeah, in the 19th century. Europe is a socialist hellhole (with exceptions)
seriously lmao
last I checked they have zero SEC championship wins
I'd say it takes 3+ prior generations to be 'old money' -- so in modern day we're looking at 1920 and earlier
Holy god who cares.
nouveau Riche 
Seriously, this says more about your self esteem. Omg.
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