Some common synonyms of wealthy are affluent, opulent, and rich. While all these words mean “having goods, property, and money in abundance,” wealthy stresses the possession of property and intrinsically valuable things.

affluent – an affluent person; a person who is financially well off; “the so-called emerging affluents” Croesus – a very wealthy man. fat cat – a wealthy and privileged person. man of means, rich man, wealthy man – a man who is wealthy.

achiever. noun. someone who is successful because they are determined and work hard.

tycoon. nounperson who has a lot of money, power.

penniless. adjective. someone who is penniless has no money.

They look down at new money rich people because they are reminded of the benefactors that built their wealth who were just like the “new money rich” people. It’s more jealousy, and personal insecurity, because they don’t think they could do the same thing their fore fathers did to create the wealth they now enjoy.

On the other hand, passive “old money” are those who are the idle rich or those who are not wealth producers. “Old money” contrasts with the nouveau riche and parvenus. These fall under the category “new money” (those not from traditionally wealthy families).

Wealth source As mentioned, old money has been passed down through the generations, while new money has been recently earned. In the United States, many old-money families are descendants of early industrialists. New money can often be found in celebrities and entrepreneurs.

But to be considered old money, four or five generations will do, if your family is industrious and/or owns land. Extra points if your family is philantropic or dabbles in good things for the local community.

Steps

1. Only wear clothing from the quality “food groups”; tweed, cotton, wool and cashmere.
2. Most days, I wear 5 year old black and white Jack Purcells.
3. Take care of yourself.
4. Remember that oral hygiene is crucial.
5. Keep nails on the short side, and natural.
6. Have your Highlights be fresh and as natural looking as possible.

For Old Money, the family stays wealthy because they pass down financial principles to the next generation. For most families who become wealthy, they experience “shirtsleeves to shirtsleeves in three generations” because they don’t know how to pass along that knowledge.

Top 10 Wealthiest Families in the World

1. Walton Family — Walmart. Estimated Wealth: $215 billion1.
2. Mars Family — Mars.
3. Koch Family — Koch Industries.
4. Al Saud — Saudi Royal Family.
5. Ambani Family — Reliance Industries.
6. Dumas Family — Hermès.
7. Wertheimer Family — Chanel.
8. Johnson Family — Fidelity Investments.

Most Powerful Families in the World

• The Rockefellers. The Rockefellers family originally came from Germany but moved to The United States in the 18th Century.
• The Morgan Family.
• The Walton Family.
• The Bush Family.
• Windsor Family.
• Royal Family of Saudi Arabia.
• Rothschild Family.

These two family names are undoubtedly historical contenders for the oldest known family name in American’s history.

• The Brewster Family.
• The Standish Family.
• The Alden Family.
• The Fuller Family.
• The Allerton Family.
• The Soule Family.
• The Nelson Family.
• The Sherman Family.

The Bush family, seen here, is considered the Most Powerful family in America.

Family Matters

The Donnellys

The oldest surname in the world is KATZ (the initials of the two words – Kohen Tsedek). Every Katz is a priest, descending in an unbroken line from Aaron the brother of Moses, 1300 B.C.

The longest family tree in the world is that of the Chinese philosopher and educator Confucius (551–479 BC), who is descended from King Tang (1675–1646 BC). The tree spans more than 80 generations from him and includes more than 2 million members.