For fun, here’s what “new” money looks like: Cardi B. Latto. Alex Cooper. Greta Gerwig. Selena Gomez. Rihanna. Beyoncé. Taylor Swift. Shonda Rhimes. Shay Williams. Alix Earle. America Ferrera. The Williams’s, Serena and Venus. Those are just a few notables, but there are plenty of self-made women in tech, fashion, and business, running multi-million companies, as well. They didn’t come from generational wealth but still managed to make it big.
To avoid drifting apart from friends and family, some with “new” money might find themselves subconsciously squandering their money to “get back to belonging” with the people they connect to the most. Or, they might feel pressure to share the wealth by putting some of those people on their payroll. Consider how Representative Alexandria Ocasio-Cortez wore a gown plastered with “Eat the Rich” to The Met Ball—an event that used to cater to old money but now opens its arms to new monied celebs, like the Kardashians and Cardi B. New money, new rules. , a financial psychologist based in Los Angeles, says the meaning of old money is now in dynamic tension with how much we want and how much mobility we want in society, and this is reflected in what we read, what we watch, and what we listen to.