[jongjong]

You occupy a very unusual place seeing such extremes of both sides.

I've only interacted with people with that level of wealth in a professional capacity. In my personal life, I know a lot of people who own multiple properties and businesses including some of my own family members but I don't think I know anyone with a private jet. The top of the range I know have big boats and big houses.

I feel like there is a social boundary between the old money and the new money.

The new money tends to be much wealthier and they don't like the old money folks. In theory, they could both talk with each other about exotic holiday spots, fine dining and boating/yachting but there is a different discomfort. And it's not about tech understanding because a lot of children of old money went into tech. I think the discomfort is that the new money folks see the old money folks as spoiled brats... But IMO, this is a result of the new money folks not seeing their own privilege; not granted by daddy, sure, but granted by the system itself.

My view is that nobody earned anything. They were chosen by luck of birth, chosen by a rich friend, chosen by a rich investor, or chosen by algorithm or a combination thereof. Usually based on highly superficial aspects. Their efforts have very little to do with it besides providing plausible narrative cover.