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One advantage of being wealthy is gaining access to exclusive private clubs. Some members-only clubs have annual fees of $300,000 or higher and long waiting lists even for those referred by ...
The most exclusive social clubs are two in New York City – the Links and the Knickerbocker (Allen 1987, 25). [2] Personal wealth has never been the sole basis for attaining membership in exclusive clubs. The individual and family must meet the admissions committee's standards for values and behavior.
The first gentlemen's clubs, mostly established in the West End of London from the late 17th century onwards, were highly exclusive, offering aristocratic and wealthy men a refuge from work and family. The eligibility of potential members depended on their class and gender, with women banned from joining any of them.
Others, which are well respected, have developed in such major cities as Pittsburgh, Chicago, and San Francisco. The most exclusive social clubs are two in New York City – the Links and the Knickerbocker (Allen 1987, 25) [23] Personal wealth has never been the sole basis for attaining membership in exclusive clubs. The individual and family ...
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The American upper class can be broken down into two groups: people of substantial means with a history of family wealth going back a century or more (called "old money") and families who have acquired their wealth more recently (e.g. fewer than 100 years), sometimes referred to as "new money". [4] [5]
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