Definition, Meaning & Synonyms

newly-rich

adjective

/ˈnjuːli rɪtʃ/

Definition

A person who has recently acquired wealth, often characterized by a change in lifestyle and social status.

Examples

After winning the lottery, she found herself among the newly-rich and quickly adapted to her new lifestyle.
The restaurant became popular among the newly-rich who wanted to showcase their wealth.
Newly-rich individuals may sometimes struggle to fit into elite social circles they have recently entered.

Meaning

The term ‘newly-rich’ refers to individuals who have suddenly gained significant financial resources, changing their economic and social standing. This often leads to new behaviors or ways of living that reflect their newfound wealth.