It's not a simple definition, but I'd start with: - Ivy league pedigree - Rich parents - Generally in professions where "connections" matter most (finance, p

It's not a simple definition, but I'd start with: - Ivy league pedigree - Rich parents - Generally in professions where "connections" matter most (finance, private equity, politics, etc.) A simple litmus test is "would they be here without access to special connections". Would George W. Bush ever have been president without his family names? (Would he even have made it into his Ivy league school?) How many people in finance really worked their way up from the bottom?