What the poor people want to be. They often squander their wealth on material possessions and exotic cars. They take pride in wearing faux rich brands such as Gucci, Versace, Prada, ect. They will go on Instagram and show off their money and will gift everyone in their family expensive gifts. Their sons and daughters will all be wearing those inferior brands. They also have zero class and look down upon anyone beneath them. With all of this frivolous spending, new money folk often go broke in years because they don’t know how money works.
That rapper who’s new money spent all of his money on foreign and he’s now working a 9-5 at McDonald’s.
by Chad Chett January 14, 2022
by Joejoe bush March 12, 2021
people who have recently acquired money and feel the need to show it off by purchasing flashy houses, cars, clothing and jewelry. Generally tacky.
I hate how new money our neighbors are, they think that it's necessary to have 5 BMW's just because they can now afford it and their 10 year old daugher has a prada bag... JUST BECAUSE...
by Rachel March 3, 2005
The first definition says "The opposite of Paris Hilton"
I would like to correct that. Paris Hilton is new money, as her father made a big amount of money in little time. Her father. She is by no means old money.
A perfect example of an old money family is the Vanderbilt family.
New money is characterised by SUVs, Dolce & Gabanna, Juicy Couture...
New money individuals are looked down upon by old money individuals. However, the biggest snobs are new money as they haven't received a proper education and don't have manners, so they become unbearable people.
I would like to correct that. Paris Hilton is new money, as her father made a big amount of money in little time. Her father. She is by no means old money.
A perfect example of an old money family is the Vanderbilt family.
New money is characterised by SUVs, Dolce & Gabanna, Juicy Couture...
New money individuals are looked down upon by old money individuals. However, the biggest snobs are new money as they haven't received a proper education and don't have manners, so they become unbearable people.
Jenny (new money): Oh my god, look at that girl, what is she wearing! Someone get her a trash can, hahahah. Where is my Gucci?
Selena (old money) (thinking): What an attitude.
Selena (old money) (thinking): What an attitude.
by fromnh June 2, 2010
New Money is a term for people who made or earned their wealth on their own accord, they were not born into a wealthy family or grew up in wealthy culture. Sometimes used disparagingly by Old Money, in reference to the lack of refinement or sophistication of New Money people.
People who are new money are generally unfamiliar with the "culture of wealth" in America. They may spend their money on different things and associate with a more diverse crowd (other New Money), as opposed to Old Money. Examples of new money would be all these high-tech start-up guys who are fresh out of college, compared to Old Money individuals, who's wealth comes from a variety of inlets and may be recognizable by family name (i.e. the Hiltons, the Kennedys).
People who are new money are generally unfamiliar with the "culture of wealth" in America. They may spend their money on different things and associate with a more diverse crowd (other New Money), as opposed to Old Money. Examples of new money would be all these high-tech start-up guys who are fresh out of college, compared to Old Money individuals, who's wealth comes from a variety of inlets and may be recognizable by family name (i.e. the Hiltons, the Kennedys).
We don't associate with Scott and his family, they are new money and don't share the same values as us.
by Malakai Goldberg December 19, 2008
Someone who is rich but does not come from a weathly background or family history.
The opposite of Paris Hilton.
The opposite of Paris Hilton.
by beaver clipper November 20, 2004
Within three generations, new money will become aristocracy as a general rule. Marriage into upper classes will make it two generations.
by Kung-Fu Jesus April 30, 2004