New Money vs. Old Money?

Question

What is it, and an example of it?

I meant in personal wealth!

Answer 1

Old Money means the money has been in the family for generations like the Rockefellers or the Kennedys. New Money or Nouveau Riche(French for New Rich) describes a person who acquires his wealth within his own generation.

The benchmark of the nouveau riche is their acquiring possessions which are touted to them as being the sort of things that rich people would possess. "Old money" in traditional European societies have inherited a large house filled with well-built furniture acquired over the centuries. Their cars are not necessarily the most expensive and capable, but have a bit of restraint, or else they disguise their social position in cars of the middle rank. During the Great Depression, Chryslers, for example, were sold to such people for this reason. They fit within a social milieu in which everyone knows everyone else and has for generations. The nouveau riche in essence try to crash this party by buying everything they need to show that they have money not merely within one generation but within a few years. Some noveau riche are equally resentful of the old rich, for them being undeserving of their wealth. For example, many self-made millionaires rose from the middle class, and detest being looked down upon by someone who has not proven themselves to be worthy of their wealth, by simply having inherited it.

Answer 2

Are you talking about finances and personal wealth. Or are you talking about the new dollar design against the old design, or are you talking about the EURO against the individual countries money.
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Answer 3

Old money is money that's been handed down from generation to generation - think Hiltons, Rockerfeller, and those sorts.

New money is money that you earned or inherited recently - as in, you didn't grow up with money. Recent lottery winners, Bill Gates, etc.

Answer 4

new bills and coins.to me they look fake.