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The first definition says "The opposite of Paris Hilton" I would like to correct that. Paris Hilton is new money, as her father made a big amount of money in little time. Her father. She is by no means old money. A perfect example of an old money family is the Vanderbilt family. New money is characterised by SUVs, Dolce & Gabanna, Juicy Couture... New money individuals are looked down upon by old money individuals. However, the biggest snobs are new money as they haven't received a proper education and don't have manners, so they become unbearable people.
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