OLD money is not just Vanderbilts and Rockefllers, it can be found in every community that I have seen back East in tire stores, plumbing firms, exterminators, pet stores, jewelers, bakeries and yes even paint stores. It is as common among so called average joes as it is the upper crust.
That’s exactly what I meant. When I say old money, I don’t mean Reckerfellers and the like. I mean the people who have 4-5 generations to build up family wealth. So that’s why I say east coast have more old money, because most people on the west coast have not been living here for 4-5 generations. Come back in 4-5 generations and I’m sure west coast will have plenty of old money just like the east coast. It just take TIME. Most people in Cali are 1st or 2nd generation immigrant who did quite a good job for the time they have. Give them 4-5 generations and their heirs will probably be in the same boat as the stock boy you’re referring to. Oh, and I know many people who live in Cali and own small businesses. So I still don’t get your point.
