Top 7 OLD MONEY Communities in MASSACHUSETTS
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- Опубліковано 13 тра 2024
- As we contemplate the sprawling tapestry of wealth and legacy woven into the social fabric of Massachusetts, it becomes clear that certain communities stand out as bastions of “old money” - that rarefied echelon of the financial stratosphere…
Comprising those whose wealth stretches back generations, or even centuries, with roots in industries, politics, and social spheres that have imbued their patrician class with a certain air of exclusivity.
It is within this context of coins and culture that we explore the communities that have emerged as the definitive cradles of old money in Massachusetts.
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Top 5 OLD MONEY Communities in the NORTHEAST: • Top 5 OLD MONEY Commun...
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5 Differences Between "OLD MONEY" and Rich People: • 5 Differences Between ...
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TIMESTAMPS:
0:00 Introduction
1:13 #1 Beacon Hill
3:08 #2 Nantucket Island
5:30 #3 Concord
7:40 #4 Weston
9:44 #5 Wellesley
11:29 #6 Winchester
13:16 #7 Manchester-By-The-Sea
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We must first turn our attention to Beacon Hill, Boston.
The story of Beacon Hill is one of the most compelling tales of the American aristocracy, a story that begins in the early 19th century when Boston was rapidly emerging as a center of commerce and industry.
Seeking to establish a permanent residence befitting their status, the old money families of Boston (the so-called ‘Boston Brahmins’) began to gravitate towards the hill, with its commanding views of the city and its enviable location in the heart of Boston’s downtown.
Thus, if you are thinking of ‘old money’ in Massachusetts’ biggest city and capital, the first thing you should think is “Beacon Hill”.
Next we travel upon the sun-soaked shores of Nantucket Island, a place that seems to exist outside of time, a place where the sands of history and the tides of tradition converge to create a landscape of rarefied beauty and exclusivity.
For it is here, amidst the salty sea breezes and the clapboard houses, that the story of Old Money in Nantucket first began.
Today, Nantucket remains one of the most desirable destinations for the Old Money set, with its well-heeled residents enjoying a lifestyle of unparalleled luxury and leisure.
The next place on our list of Old Money communities in Massachusetts takes us on a journey back in time to the picturesque town of Concord, Massachusetts.
In Concord, we’ll find ourselves immersed in a world of historic-making elegance, a world that has been shaped and defined by the forces of old money and privilege.
Today, Concord remains a hub of wealth and privilege, with its grand homes and manicured lawns serving as a testament to the enduring power of Old Money in American society.
Next we travel over to the verdant hills and manicured estates of Weston, Massachusetts.
From the earliest days of its settlement, Weston has been a magnet for wealthy families seeking to escape the bustle and chaos of urban life.
Here, on the rolling hills and in the pristine forests, these families established grand estates and summer homes that would become the cornerstone of their legacies.
Next we delve into the rarefied world of Old Money in Wellesley, Massachusetts.
From its earliest days, Wellesley has been a magnet for wealthy families seeking to establish their legacies and build a better life for themselves and their children.
Next we’ll take a trip over the leafy streets and grand estates of Winchester, Massachusetts.
From its earliest days, Winchester has been a haven for wealthy families seeking to escape the hustle and bustle of urban life and establish themselves in a community that prizes refinement and sophistication above all else.
And it is this history, this sense of continuity and legacy, that continues to attract Old Money families to Winchester to this day.
And last, we would be remiss not to mention the picturesque town of Manchester-By-The-Sea, Massachusetts a town that despite a recent film of the same name (‘Manchester-By-The-Sea’) making it sound like a depressing place to be… is synonymous with wealth, privilege, and beautiful sights.
What is it about Manchester-By-The-Sea that has made it such a hotspot for Old Money families?
Many point to the town’s stunning natural beauty, which includes miles of pristine beaches, lush forests, and scenic waterways.
For it is clear that Manchester-By-The-Sea remains firmly anchored in the traditions and legacies of Old Money, with its grand estates and sprawling mansions serving as a testament to the enduring power of wealth and privilege in American society.
Did we miss any places? If you’re a native of the region, tell us your thoughts on these communities.
Perhaps Cohasset or Hingham. Cohasset rejected Joe Kennedy even after the family built several homes on the coast. He wasn’t allowed into the Cohasset Yacht Club because he was a little too sketchy for their taste. That’s when the family decided to build beach homes on the Cape instead.
You must remember the old money was basically merchants founding fabrics to cloth the Army. All were protestant, exclusive clubs and Masonic prestigious. You must send your family to private schools . Manners are a hall mark of upper class .Wesley was my family's home.
You missed Dover, country estates and hunt country for the wealthy.
Unlike in New York, Massachusetts old money doesn't like anything new. It's considered gauche. They don't build houses, they buy one another's houses. They don't even buy clothes, they get clothes when somebody dies. The thing is the clothes are NICE clothes -- Brooks Brothers jackets from the 1930s, hand tailored for the wearer. Silk top hats. Priscilla of Boston wedding dresses from the 1950s. Their houses are tidy and clean but usually not the biggest but the antiques handed down in the family fill the place.
@@cocoaddams4502 Excellent point!
Beacon Hill is no longer a bastion of Old Money Wasps. Hasn't been for a long time. Boston Old money moved to the suburbs, dispersed throughout the suburbs from the Northshore to Concord, Weston to Milton. Beacon Hill may have a few remnants but not many.
The money from Beverly farms actually financed Beverly Hills California. Many old money estates
Interesting!
The Kennedy family was never and will never be old money except when they marry into it. Beacon Hill and Nantucket haven't been old money locales for the last forty years or so. There are a few holdouts in Beacon Hill but it's largely overpriced condos, now. They are mostly filled with people and things which old money families avoid. Old money drives a twenty year old Volvo, or Jeep Cherokee, rather than a $105,000 Land Rover. They like to send their children to public school so long as possible, so good schools, rather than good restaurants are what they look for. The other towns mentioned are dead on, but old money families also like Chatham, Milton, Newton, Carlisle, Hingham, Hopkinton, Pride's Crossing/Beverly Farms, Hamilton, Wenham, Newburyport, Lexington, Marblehead, Amesbury. The richest, most obvious old money town in Massachusetts though is Dover. And no, you can't live there.
Look for the nannies.
.................Hopkinton? The town built by EMC?
I have lived in MA all my life and the last 10 years next to General George Patton's estate in Hamilton. Based on some of the towns highlighted and incorrect facts in this video I'm guessing this guy has never been to Massachusetts
I think old money society pattern their lives after European aristocracy.
Where does Sherborn fit?
You threw in some pictures of places outside of Massachusetts - one in the western United States, and one of Monte Carlo, Monaco.
Honestly, I am from old money, at least half of me, but I don't think there is a lot of it even left in MA. Most money here is NEW, that is, from the last 50 years. Not a lot of Cabots, Lodges, Saltonstalls, etc. around. I think their progeny have left for California and New York.
Massachusetts is really beautiful. Speaking as a New Yorker Massachusetts holds a special place in my heart
Tabitha you’re quite right! Old families, after a while, cannot count on the new generations to protect the family holdings. Inflation hits everyone, even old money. Sadly it was gone by the time I arrived! By the way, and I’m sure you’ll agree, Tabitha, no one of means would ever utter the words “old money”. Ever.
@@kathygrosvenor4464 usually money is gone within 3 generations. In my family the motto was “Never dip into capital.” Most did though.
@@tabithan2978 That’s a terrific motto as well as a gentle reminder that you can be wealthy and go broke. Mine must have been “Get yours while you can before there’s nothing left!” Cheers to a lifetime with Nature, blue skies, soft breezes, warm sunshine, beautiful creatures, four legged and two. All the absolute wonders I’ve often missed
@@kathygrosvenor4464 well it's sad how classism works. and yea wealthy people often look down on less wealthy also "old $" can look down on "new $" cuz they aren't established into that elite society. however you can be poor but educated and sound intelligent yet many poorer individuals dont focus on that.
This was more like advertising for the country clubs than it was historical. But at least the pronunciation of Concord was correct.
Love the video man . Keep it up
Thanks, will do!
I just found your channel and I love it❤ keep em coming!
Awesome, thanks Linda!
I want these places to continue to flourish and improve. I'm personally not drawn to Massachusetts, I fancy Virginia.
VA is great!
Brookline, Milton, Cohasset, Dover...for some reason Middlesex County towns always get mention whereas Norfolk County (which is actually slightly richer) only sees Wellesley mentioned.
I lived around Boston for 20+ years. Lexington, Andover, Brookline, Newton and Weston are some of the most desirable towns. What's strange is none of these areas are flashy or posh. The houses don't look grand but they're very nice. You'll regularly see 2 million dollar homes with a Subaru station wagon or a Toyota minivan parked out in front. Exotic cars are super rare, even though there are a lot of rich folk in these areas. These people pay premiums to live amongst each other and compete for the best public schools. 1 acre lots for houses are super rare. A quarter acre lot is considered a "good size". I still don't understand the way Massachusetts rich folk think. It's all very strange to me.
Jackie never had any real money until she sold herself to Onassis for 25 million. She then had an advisor friend multiply that by ten.
A smart woman was that Jacqueline. She wanted out and away from all this old money and Kennedys who made her life miserable, and she knew how to do it, beginning with father Joe.
Name your price and your plan, something can always be arranged.
And it waa.
“And this is good old Boston, the home of the bean and the Cod. The Lowell’s speak only to Cabots, And Cabots speak only to God." A Boston Toast by John Collins Bossidy. Kennedy’s are new money that was made during prohibition.
This girl knows.
Beacon Hill really doesn't have many mansions (large homes, but not mansions) and none are elaborate (exterior). Almost all are brick Georgian rowhouses. It is also bisected by Pinckney Street with "Proper/Rich" Beacon Hill facing the Common and the "poor' side facing Cambridge Street. The large and elaborate mansions are in Back Bay. In JFK's time the Kennedys were not really "old money." His father Joseph made the fortune only a few decades earlier. Pride's Crossing (Beverly, MA) could have been included.
The only thing " old money" about the Kennedy's was the illegal money they made for years. Generations ago my family lived next to them, an uncommonly bad lot those kennedys and Fitzgeralds.
Yes I agree. This video is not very accurate. I never heard of the Hunnewell Botanical Gardens in Wellesley...As far as I know there is no such place. Unless, maybe the video is referring to a botanical Garden at Wellesley College????
@@JO-so1dk Yes, it's the college's botanic garden. I had to look it up because I was thinking about the gardens of the family estate, but they're not open to the public.
@@LJB103 thank you for explaining! I was very confused. Lol
You don't have to be rich and live in a mansion but old Boston money is Beacon Hill. I know a few families who have lived there for 120 years.
Dover & Sherborn whr Saltonstalls and Cabots still hv a presence, but as stated below, old money is running out for some and being replaced by new $ w subsequent generations. Kennedys were nvr old money & thy were Irish catholic…old $ is WASP…p for protestant. Big distinction back in the day.
THERE are not miles of beach in Manchester...the little it has is quite beautiful..Singing Beach is a tiny beach and the wealthy in the area have always gone to West Beach in Bevery Farms next door.
Excellent videos well done,
Matatan.🤔. Ribirin HS,
in my 14' years of residency in beantown
ive lived in the backbay , the south end ( not to be confused with southy ) the still secret spot bay village , the north end , lamebridge for the locals( camebridge ) and now back in
the south end
Martha's Vineyard should have been on the list. The Kennedy's have a compound there. We used to walk by it, when staying there on vacation in the 60's
History of Martha’s Vineyard: “Old Money” To Elite Families
ua-cam.com/video/J8OrySmtJWM/v-deo.html
Your photos don't match the areas you highlighted. You had photos of Back Bay when you were talking about Beacon Hill. You didn't mention Brookline! Many Grand Estates in Brookline and Newton. As well, in the part where you show photos you used for the Manchester Yacht Club looked more like Monte Carlo or some European port or Monaco with the mountains and I never saw any palm trees in Manchester, MA!! A little redundant in your descriptions and choice of words for the level of luxury as Massachusetts isn't a showy pretentious set of wealthy people at all.
hmmm you guys should do communities of the Black Elite........just saying......
In Massachusetts…Milton
@T L ok great thanks will investigate
Oak Bluffs, MV
@@geoffreypereira8024 oh yes!!!!! That's correct
@@tl6752 Yup. Thats about it.
Great video
Thanks Susan!
Thank you for sharing 😢 So interesting and heartbreaking to hear your child's perspective 💔
I love Massachusetts because of its history and its great educational institutions and Healthcare innovations that's why it's, one of the richest State in America. I love JFK too.
Siasconset (village in Nantucket) is not pronounced like it appears. It is pronounced 'Sconset by the locals
Milton, Marion, Chatham, Newton, Sudbury
Cambridge Massachusetts…I love ❤️ you mama 🕊
Some of the images ARE FROM OTHER LOCATIONS IN THE WORLD! Sloppy production - but interesting none the less.
Concord sounds nice, right up my alley.
THE PICTURES YOU AE SHOWING ARE NOT ON BEACON HILL.
Living in South Shore Massachusetts please explore the family ties between the early financiers from England who supported the early settlers and the English aristocratic families today. Examples abound, even in the town names: Weymouth, Boston, Plymouth, Braintree…..
Nat😅I’ve of Salem and living in Newburyport. Great place to live.
Hey! It's almost all of the places that I would like to live in!
This video plays like a advertisment for obscure, declining suburban country clubs. What did you miss? Cambridge (Harvard, MIT), Brookline, Newton, Lexington, Edgartown on the Vinyard, Chatham on Cape Cod, Marblehead, Beverly, Lenox and Stockbridge in the Berkshires...
What about Cambridge?? Brookline and The Country Club??
Great video... but your images of the Manchester yacht club aren't even from this country, let alone Manchester.
Lmao
How far does old money go these days?
What about Hyannisport.?
I think you may have forgotten Brookline and Lexington.
Actually Brookline was once poor. I had family who was Irish and grew up in Whiskey Point. There was only one small section that was wealthy but not all of Brookline.
Almost none of the locations depicted are actually where they purport to be. In short - this is 90% BS.
How far these locations from Boston?
most are within 30 mi, Nantucket is further.
Unfortunately most of the photos shown about Beacon Hill were actually the Back Bay and South End
You missed Duxbury Marthas Vinyard and Fall River.....
Fall River? Why not Lynn also?
@@philparisi9175 Ididn't know how to spell Holyoke
@@craigmignone2863 Do you know how to spell Brokton?
@@philparisi9175 New Bedford is an easy one
You butchered the pronunciation of Siasconset. Everyone calls it 'Sconset. Old money has their own inflection when vocalizing this town.
A very sloppy production. Narrator needs to learn how to pronounce the names of Massachusetts places and people. Editor needs to match visuals to narration. No point showing images of Back Bay while the narration is about Beacon Hill, of Nantucket when the discussion concerns 'Sconset, or of Concord while the narrator describes Weston. It's ridiculously misleading. Would help if the narrative itself were far less verbose and a little more relevant to the video presentation. Needs a lot of work.
New money Massachusetts: Newton, Brookline, Sudbury, Needham, Hingham, Lexington, Martha's Vineyard
Martha's Vineyard?... Why?
@@MC-po4fi Because Obama is there with the rest of the Democrats. The only money Obama made was when he hustled his ass with men for drugs in Los Angeles.
@@MC-po4fi too garish and commercial
@@timfletcher7547 thank you for your answer.
Lexington has new money homes , but one would be remiss to categorize them as ‘new money’ considering the history of Nation forming battles like ‘Battle of Lexington & Concord’
Jacqueline Kennedy was a New Yorker if you just listen to her whereas the Kennedys are Bostonians New Englanders.
Literally almost all the photos of Beacon Hill, which is actually from the 17th and 18th century, not the 19th, like the script says, are from Back Bay, which actually is from the 19th century. The research for this video must’ve taken nanoseconds. 😂😂😂
I love it when people know nothing about Boston and act like they do. Also, narrator? You sound like you’re on ‘Ludes.
Martha's Vineyard wasn't mentioned.
These towns don't have much relation to old money. There may be a few families, but not "bastions." The closest is Manchester-by-the-Sea, and you can't "see" the old money when you visit. New money is about being seen, but not old money. Winchester, uh, no. Strip malls and aggressive Masshole attitude -- the epitome of pink marble, gold-plated, designer label new money and poor planning. The other towns are tony burbs now full of tech executives who grew up elsewhere. No more locals there, old or new. They're turning West Suburban Boston into a CT suburb.
More on old money of DC
Me: Dahling, you forgot Andover. This is where the important boys school is that taught the Bushes. You: Does’t make it exclusive! LMAO
Ha! This is an example of how we are all prey to these false facts via the Internet:
+Beacon Hill doesn’t really look like most of those pictures say it does. +Lowell House at Harvard does not look at all like the picture they put up. (I know because two of David’s brothers lived there) +The picture supposedly of the Cabot family is really of the family of Honey Fitz the father of Rose Kennedy. + The pictures that purport to be of Weston show a sign for Concord Academy, which is in the heart of Concord. + The Winchester Country Club was founded in 1902, not 1922. And the Wright-Locke Farm acreage is wildly overstated. It’s not a large patch at all, and is tented by a handful of human beings. + No old money in Winchester, just a lot of newer money and that in an underwhelming amount. Also lots of people whose folks worked in the tanning mills who hate all the moneyed libs with a passion. +Emerson and Thoreau were not “drawn to“ Concord, they just always lived there. Ditto Louisa May Alcott. She lived in Concord because her feckless father Bronson was lucky enough to land there after several failed attempts at a career elsewhere. As for Thoreau, he lived in Concord because his family lived in Concord. They, and he, worked in his father’s pencil factory.
I've enjoyed your videos so far, however the person who edits the videos needs to be more cognizant of the pictures they place in the videos. You're talking of Massachusetts and we see a farm somewhere with palm trees. Also, previous videos show pictures that have absolutely nothing to do with the context, but just seem thrown in for effect and place holding. Not to be too critical, but it throws off the whole vibe of the video. :)
Agreed! We have been vigorously telling our editors to make sure to not "mix" locations. As you can imagine, many of our editors are not from this region of the United States and must be shown the locations first, but we're working on it :) Thanks for your honesty!
Chatham?
Chatham has lots of retired high ranked military officers. Quite a few double dippers combining government and corporate pensions. It also is a town with many natives whose families have been there for a long time.
Yes and no. The taxes are outrageous and some tacky investment types have moved in, but nobody ever chooses to move out. Osterville is still the secret old money town on Cape Cod.
Um, Sia'sconset??? Please review the correct pronunciation if you're suggesting to be an expert on such things. It's laughable the way it is mispronounced...
Couldn’t make it through the video. Showing photos of Back Bay and the South End when referring to Beacon Hill and mentioning lavish estates and manicured lawns of Nantucket, I decided to pass.
Concord is a bit self-impressed and sadly intellectually largely stuck in a now diminished, appropriately, past.
You should have asked how to pronounce SIASCONSET before you made this video. And yes, that was Monte Carlo standing in for Manchester-by-the-Sea. Ye Gods!
Rhode island
The Boston Brahmins are actually nobility who dropped their titles. There are historians who believe that there was a 13th amendment that was ratified and stated that no person of nobility could hold office in govt whether the title was given at birth or if it was granted such as the title of squire ( lawyer) this would explain why they all dropped their titles and took positions as governors and judges along with presidents. All presidents since Washington have shared titles of nobility. The US is an oligarchy unbeknownst to the general public not a democracy. Many have changed their names, fords real name is Leslie king. The bush’s last name is Scherff, Hilary rodhams last name is Rodomsky, Roosevelts real last name is rosenfeldt. Don’t take my word for it, go research. Truth is stranger than fiction. All the world is a stage
Interesting comment!
This is not true. The Roosevelt/Rosenfeldt lie was put out by none other than Joseph Goebbels as a way of discrediting FDR in 1938, in an attempt to make FDR Jewish. This is an ugly, ugly old lie with the worst of intentions. Don't fall for it, your fake research is obviously biased towards anti-Semitic fake news, which says a lot about you as a person.
@@oldmoneyluxury This person's comment is not to be trusted, the Roosevelt/Rosenfeldt lie was put out by none other than Joseph Goebbels as a way of discrediting FDR in 1938, in an attempt to make FDR Jewish. This is an ugly, ugly old lie with the worst of intentions.
Put down the crack pipe, Mary. Your alternative facts aren't true.
I'm not sure where you got that from? And the amendment is wrong.
The Kennedy’s are not “old money”.
It's not new
I might take this seriously if the portion on Beacon Hill included video of buildings that are actually on Beacon Hill.
Weston is very nice but it is more new money than old money.
I would put Marblehead and Beverley Farms ahead of Weston and Concord.
Marblehead yes but Beverly Farms is no. Beverly itself is just Meh.
I love Winchester!
Marblehead, the Neck
Old money massholes.... Sounds like a great time 😂
Haha
If you can’t say siasconset correct it’s hard to take you seriously
My family was here in the 1607! That's right, Jamestown! My Mother's family was in Texas when Mexico was still part of Spain! So I think it's funny that new Yankees want to be snobbish about there new world heritage. 😂😂😂
Hmmm, first you butcher Siasconset, due diligence my friend, secondly, your sources must be limited. Essex and Marblehead, two of the loveliest, oldest, and most monied towns in MA. A life long Massachusetts lady I can tell you as much as I love ACK, both my daughter's were born there, it has changed drastically from what it once was. It's still lovely, but there are gangs and crime and it's a shadow of it's former self.
19th century????😂😂😂😂 New money!
The Kennedy family is not and never will be "old money"...even Joe couldn't pull that off!!
Old money is stolen wealth off of the backs of the poor!
🤔
stolen? No your acstors were paid for their labor. And they lined up for a chance to work in the mills and factories owned by my ancestors. Exploited , maybe. But not stolen.
@@tedshaw4160 being paid is one thing but being paid a livable wage is another. You are the grifter that benefited off the backs of the poor. How can someone who doesn't have any shoes pull up themselves.
@@tedshaw4160 exploited! And you have no shame! But shame on you!
Get to the point
The quality of Beacon Hill is just that it IS..look around chestnut st,West Cedar and Louisbourg Square do not need explanation they just ARE! Superbe!