Old Money Families and Everything You Need to Know About Them

This Article is All About Old Money Families

1-Do old money families still exist?

 Yes, Old money families still exist, maybe they’re not as rich as they were 20 or 30 years ago, but it’s still a pretty substantial fortune. 

 In fact, Old money families will still continue to exist for many years. Even if some vanish in the future, others will be born. 

However, it’s not only the money that makes a family Old money characterize, but the tradition, experience, wisdom, and mindset. 

The Vanderbilts and the Rothschilds are one of the most renowned Old money families at the present time. 

2-How Does Old Money Stay Rich?

  Old money families maintain their wealth by investing and putting their money into a variety of assets. 

  Most wealthy people are always investing and moving their money in order to maintain their fortune and grow it even more. 

 3- Where Do Old Money Families live?

 Most Old money families own a town, gothic-style mansion located in the country’s capital city. However, Old money families have properties, raw land, and houses all around the world, especially in the country they reside or grew up in. 

  Suppose we’re talking about American Old Money Families. In that case, they are most likely to be based in new york, with a penthouse in Central Park South, an English country mansion in East Hampton, a Mediterranean house in Florida, and a slightly modern mansion located in the san francisco bay area, bel-air or Windsor square. 

Also Read: How to Look Old Money Rich 

4- Old money lifestyle vs. New Money Lifestyle

The Old money lifestyle is more traditional and conservative. However, with every new generation comes new flexibility when it comes to spending money and leisure activities. 

 Old money families like to keep a low profile, but that doesn’t mean they don’t enjoy the privilege and commodities of their fortune. They know how to differentiate their wants and their needs. 

They are faithful to tradition and very calculated, especially when it comes to financial-related decisions. 

  Even though people tend to think that new rich families or people who have acquired their own wealth have a tendency to splurge on everything and live an extremely luxurious lifestyle, that’s not always the case. 

Of course, new rich people with poor financial knowledge will more likely burn every penny in their account, but there are also new rich people, such as Jeff Bezos and Mark Zuckerberg, that don’t live an excessive luxury lifestyle but rather keep a low profile as well. 

 So we could say that the main difference between one lifestyle and another is mainly tradition and experience. 

ALSO READ: 10 Old Money Outfit Ideas for Women

5- Hobbies and activities of Old money families

Old Money Hobbies and Activities
  • Ballet

Ballet is one of the most elegant and magnificent types of dance that’s been present since the 15th century. 

It is not only the perfect hobby to improve your posture and physical coordination but also to cultivate elegant behavior and learn how to act and socialize properly. 

 Almost every old money girl grew up doing ballet when little, but only a few didn’t quit. We can say that only 3% of the old money women decide to pursue ballet as a career. 

ALSO READ: Interesting Qualities of an Old money woman

  • Book club

Old money people are quite fond of literature in general, so book clubs are the perfect hobby to spend quality time discussing readings and expressing your feelings and opinions with other people.

  • Tennis

 Tennis is not only a sport for the wealthy. However, it is a sport that requires a lot of practice, time, and in most cases, a good private facility. That’s why it is often considered a rich person’s sport. 

 Old money, rich women often spend their Sundays at a private club playing tennis or golf with the family. 

  • Golf

We can say that golf is another ‘rich person sport’ – We can say golf is a more exclusive sport for the rich than tennis-

  Golf is a traditional sport of the old money as a hobby and a way to bond with family, business partners, etc.

 Old money families often spent their Sundays evenings at the private club playing golf to have some lunch later. 

  • Chest 

 Chest is another Old money hobby, not because it’s necessarily expensive -unless you want to pursue it as a career- but because it requires a lot of intellectual work. It’s not exactly a game for the rich but for the smart. 

 Almost every old money girl has spent evenings playing chest with her grandpa or her dad. 

  • Charity events

      Old money people often attend charity events to show their support. 

  • Society Balls

  Attending society balls is one of the favorite activities of the old money, especially for the younger generations. 

 It’s a traditional but still fun activity that doesn’t happen very often. It’s the perfect way to socialize and celebrate tradition and culture with high-status people. 

  • Horse race

  Attending a horse race -and maybe making some bets- is another hobby of the old money rich. 

  Old money women often attend horse races with their husbands, fathers, or brothers. But she also loves to spend time with her friends and have a magnificent brunch before the race.

  • Polo

 We can say that polo is one of the most Old money aesthetic sports out there not only because of its quite elevated price but for the high social status of the people who play. 

   Some people take polo as a hobby, and some take it as a professional sport. Polo is also the favorite sport of most royal families. 

  • Going to the Opera 

 Going to the opera is one of the favorite hobbies for old money people.

 Dressing elegantly and enjoying the art of music at its best is priceless. It’s simply a magnificent experience you need to try whether you come from an old money family or not. 

  • Theater

 Going to the theater is a hobby and an extremely enjoyable leisure activity for old money rich people. 

 Contemplating a splendid performance that elevates your creativity and imagination, it’s a priceless experience you shouldn’t miss.

 Old money people love to witness the beauty of emotion at its best. It’s traditional and remarkable.

  • Wine tasting 

  Another good Old money activity is wine tasting. 

Spending a lovely evening at the winery, putting your taste buds to work trying new wines is one of the favorite hobbies of the old money, especially since most of them are visiting their own winery. 

  • Writing and calligraphy 

  Writing is a traditional hobby of old money people. 

Old money families have been writing since an early age in order to properly develop creative thinking and improve memory function. 

 Research has also shown that many Old money girls -or girls from rich families- tend to develop some passion for calligraphy which has helped them develop their concentration and practice the art of patience. 

  • Painting and wine

 Painting is the ultimate stress-relief activity of Old money people, especially if it’s accompanied by wine. 

Painting and wine not only improve your mood but help you unwind and relax as well.

 Even though it’s a collective activity, Old money people often prefer to do such activities alone or accompanied by another family member.  

  • Cooking

  Believe it or not, cooking is one of the favorite activities of the old money. Why? They do it because of the joy and fun of it, not for the obligation. 

  Also, Some rich people like to have entire control of what they put in their mouths. 

 Cooking for old money, it’s a fun activity that helps them relax and unwind.

  • Playing the violin

 Playing the violin is another famous and traditional hobby of Old money families since it’s one of the most traditional instruments that ever existed that also plays an important role in most music representations. 

 Most Old money kids have been taught to play one or more instruments during their childhood. 

The violin is a beautiful instrument, and playing it comes with many benefits. 

 Read Here seven reasons that will convince you to learn how to play the violin

  • Singing

  Singing is one of the favorite hobbies of Old money women. 

Singing as a hobby has numerous benefits and makes you feel good and happy with yourself. 

It’s a wonderful activity to try, even if you think you don’t have the talent to do it successfully. 

  • Poker

 Old money people, especially men, like to attend poker tournaments and enjoy the moment and the trip in the best way possible. 

  • Antique Collecting

 Antique collecting is not only a well-known Hobby of the old money rich but an incredible investment as well. It’s a rewarding hobby for old money that want to put their money in a profitable place. 

  • Skiing

   Skiing is certainly a traditional hobby of any rich family. It’s indeed an addictive sport with countless benefits. You can read some of them here. 

  • Traveling

  Traveling wherever and however you want is one of the privileges of Old money families.

  Having lunch in Italy to later dinner in France is definitely a leisure activity we would all like to experience. 

  • Philosophy

     Philosophy plays a good part in the life of Old money families. It’s not only extremely educational but also vital to develop your thinking capacities. 

Reading and writing Philosophy is a non-ending thinking activity that can be quite enjoyable. It’s a way to find more questions than answers but, at the same time, more wisdom than ignorance.

  • Private after parties

 One of the fun activities of the rich could be attending private elite parties or events where the wealthy celebrate special occasions like charity or family events. 

For the Old money people, parties and events always have a purpose unknown to everyone else. 

6-How To Live An Old Money Lifestyle 

The easiest way to become Old money or to live an Old money lifestyle is by marriage or having been born in a family with substantial inherited wealth.

 However, every old money family has had the starter, the person who created most of the wealth that’s been passed, and you could be that one.

So you might haven’t been born into an old money family, but you can start and be the pioneer in yours. 

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