How do old money families typically differ from new money families in terms of social dynamics?

Old money families are those who have been wealthy for several generations, while new money families have recently acquired their wealth, often through business or entrepreneurship. One key difference in social dynamics is that old money families tend to have established social networks and traditions that guide their interactions, often valuing discretion and a sense of history. In contrast, new money families may be more open about their wealth and eager to make a name for themselves, sometimes leading to a more flamboyant lifestyle. For example, an old money family might prefer to host a quiet charity dinner, while a new money family might throw a lavish party to showcase their success. This difference can create a divide in how these families are perceived and how they relate to each other socially.