Nouveau riche

Term to describe newly enriched persons

Nouveau riche (French for 'new rich'; French: [nuvo ʁiʃ]), new rich, or new money (in contrast to old money; French: vieux riche [vjø ʁiʃ]) is a social class describing rich individuals whose wealth was acquired within their own lifetime, rather than by familial inheritance. These individuals had previously belonged to a lower social class or economic stratum (rank) within that class, but the acquisition of new money enabled upward social mobility. Nouveau riche have the means for conspicuous consumption, the buying of goods and services that signal membership in an upper class.

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