FAQ About Old Money
How does Old Money culture intersect with race and ethnicity?
Old Money culture can intersect with race and ethnicity in complex ways. Historically, Old Money families have tended to be predominantly white and of European descent, and their cultural practices and values have reflected this heritage. As a result, there has been a history of exclusion and discrimination against people of color within Old Money circles.
However, in recent years, there has been a growing recognition among some Old Money families of the need to diversify their social and professional networks and to actively promote diversity and inclusion. Some Old Money families have also become involved in philanthropic initiatives aimed at addressing social and racial inequalities.
It is important to note, however, that not all Old Money families are the same and there can be significant variation in the attitudes and values of individual families. Additionally, there are many people of color who come from wealthy and well-connected families and who may also identify with aspects of Old Money culture. Ultimately, the intersection of Old Money culture with race and ethnicity is complex and multifaceted, and can vary significantly depending on the specific family or social network in question.