The old money elite, as they are often referred to, have managed to preserve and even grow their wealth over centuries, through wars, economic crises, and social upheavals.

In this age of shortterm thinking and rapid change, the old money elite’s ability to sustain their wealth is nothing short of remarkable.

But how do they do it? What are the secrets that allow them to maintain and grow their fortunes?



5 Differences Between "OLD MONEY" and Rich People:    • 5 Differences Between "OLD MONEY" and...  



TIMESTAMPS:
0:00 Introduction
0:49 1. Establishing a Strong Financial Foundation
3:10 2. Real Estate As Wealth Preservation
5:30 3. Private Banking and Wealth Management Services
6:38 4. Education and Networking
7:37 5. Philanthropy and Social Influence
9:15 6. Trusts and Family Offices



First and foremost, the old money elite are committed to longterm wealth preservation over shortterm gains. They understand that fortune is fickle and that a singleminded focus on immediate profits can lead to the eventual erosion of their wealth.

To safeguard their financial foundation, they diversify their investments across a range of asset classes, such as stocks, bonds, real estate, and commodities. By spreading their wealth across multiple investments, they reduce the risk of losing it all in a single stroke of misfortune.

For example, The Rockefeller family, one of the most iconic examples of old money wealth in America, has successfully diversified their wealth across multiple asset classes for generations. The following examples demonstrate their approach to wealth preservation and growth:

The Rockefeller family has consistently held significant positions in bluechip stocks and bonds, such as those of ExxonMobil, the successor of Standard Oil, John D. Rockefeller’s original company.

By investing in wellestablished corporations with a history of stable returns, the family has maintained a steady income and capitalized on the growth of these companies over time.

Additionally, quite naturally they hold positions in commodities and natural resources. The family’s wealth originally stemmed from the oil industry, and they have continued to invest in natural resources over the years. This includes investments in timber, mining, and agriculture, which provide not only financial returns but also act as a hedge against inflation.

Lastly, venture capital and private equity. The Rockefeller family has diversified its wealth by investing in various venture capital and private equity funds, which offer exposure to innovative companies and industries. For example, the family’s investment arm, Venrock, has been involved in financing successful companies like Apple and Intel, allowing the family to capitalize on the growth of these businesses.

Much like The Rockefellers, most members of the old money elite often invest in tried and tested industries that have stood the test of time.

They prefer to put their capital in businesses with stable and predictable returns rather than chasing after the latest investment fad or speculative venture. By concentrating on reliable investments, they can ensure a steady stream of income that helps preserve their wealth.

Indeed, real estate has long been a favored asset class for the old money elite. It offers several benefits that make it an ideal wealth preservation tool.

For one, they often own and manage multigenerational properties that have been in their families for centuries. These properties not only provide a source of income but also serve as a tangible symbol of their wealth and social standing.

One of the most famous multigenerational properties owned by the DuPont family,one of the oldest and wealthiest “old money” families in America is the Winterthur estate in Delaware, which was built by Henry Francis du Pont in the early 20th century.

This 1,000acre estate, which includes a 175room mansion, has served not only as a family residence but also as a museum, showcasing the family’s extensive collection of American decorative arts. Winterthur has provided the DuPont family with both a source of income and a testament to their wealth and influence.