OLD MONEY vs NOUVEAU RICH

Although it sounds sophisticated in French, ‘Nouveau Riche’, the term actually refers to people who have recently come to wealth and mostly spend their money in a flashy ostentatious manner just because they feel entitled to.
So when the old money typically feels a fierce responsibility to protect and increase their wealth, the newly rich might want to show off their newly achieved status with designer watches, mega mansions or even a garage full of shiny new luxury cars.
The stereotype might be a little tiring, but in general it's undeniably true. Aren't we tired of seeing these new generations of crazy rich ignorant?