Old Money

Old Money refers to wealth that has been inherited over multiple generations, often associated with long-established families and a history of financial stability. It typically signifies a legacy of accumulated assets, property, and social status passed down through generations, rather than wealth gained through recent entrepreneurship or business success. People with Old Money often value tradition, discretion, and cultural refinement, maintaining a lifestyle that emphasizes heritage and understated elegance. This contrasted with New Money, which is wealth acquired more recently, often through individual achievement or entrepreneurship.