Final answer:
Paris Hilton is an example of "old money", having inherited her wealth, while Kim Kardashian represents "new money", having built her fortune through her entrepreneurial spirit. These contrasting sources of wealth, inherited and self-made, impact social standings and the dynamics of interpersonal relationships.
Step-by-step explanation:
In the context of social relationships and wealth, individuals like Paris Hilton and Kim Kardashian are excellent examples of those who have amassed considerable wealth. Paris Hilton, an heiress to the Hilton Hotels fortune, is a prime example of "old money", as she inherited her wealth from her family. This type of wealth is characterized by being passed down from generation to generation and often comes with a certain level of prestige and an understanding of the customs and expectations that accompany a wealthy status.
On the other hand, Kim Kardashian, while initially benefiting from her family's wealth, significantly increased her fortune through her own entrepreneurial endeavors, marking her wealth as "new money". She capitalized on her socialite status, built a media empire, and launched successful businesses. These individuals symbolize the societal distinction between inherited wealth and self-made fortune, affecting their social standings and possibly their interpersonal relationships.
Inherited vs. Self-Made Wealth
In United States society, there have historically been different social standings for those with "old money" compared to "new money". The former often don't work for wages and may manage the family fortune through studying business or law, while the latter may include individuals who earned their money through innovation and starting new companies. This intrinsic difference in the source of wealth can influence one's social interactions and perception of success within society.