13.05.2026

Legacy of the WASP: A reminder

A reflection on the WASP legacy and the philosophy of noblesse oblige, where inherited privilege was once inseparable from civilizational duty.

Prince William. Photo credit: Getty Images

 

Words: Byron Tully

 

In today’s current political and social climate, it’s important to hear an articulate commentary on WASP values. After all, that’s pretty much what I advocate for here on this blog and in several of my books.

Obviously, I don’t think that White Anglo Saxon Protestants have the monopoly on traditional Upper Class values. I see these same guiding principles lived by families all over the world. Every religion, every ethnicity, in so many countries. The people may look different and speak different languages, but for many Old Money families, the Core Values are the same.

But how those values play out in public service, especially in the United States, is an important issue to consider. Fareed Zakaria of CNN made a critical distinction between what was wrong with WASP culture in the past and what we can bring forward from WASP culture to benefit our future.

Here’s his commentary:

A point he makes here, that privilege carries responsibilities and that inherited wealth can provide a more nuanced perspective to public affairs and personal conduct, is one we need to consider.

Public service has long been an understood obligation for many OMGs: we had benefited from a political and economic system that allowed our families to amass and preserve wealth in a secure and comfortable environment. So we were duty bound to act as caretakers of that society, to preserve democracy, to protect the less fortunate, and to make sure that the same opportunities for prosperity and liberty continued.

This duty was often carried out, not always by the best and the brightest, but often by the competent and the committed. Many very average men and women served their government in foreign and domestic posts, in elected and appointed offices, in very public, private, or even secret endeavors, all to make America a better place and the world a safer place.

Admittedly, they had the advantages of education, social connections and social graces. More importantly, they possessed a serious work ethic and an ambiguous attitude toward public approval.

Personal profit didn’t play much of a part, either. Our ancestors had already prioritized financial gain and, in a concept foreign to many today, had made enough money.  Modest lifestyles, rigorous schooling, and prudent investments would insure a solvent future.

With financial independence assured, options appeared. For the dutiful heir, public service if not public office became an obvious, responsible consideration. And so was born several generations of Old Money Guys and Gals who contributed to the greater good. Adams, Roosevelts, Rockefellers, Kennedys, Bushes.

So, yes, it is wise to look back at the perspective, the attitude, and the choices that many Old Money WASPs made in the past. They served us well–both as individuals and as a society–in many ways.

Young visionaries see untapped potential in America. They look at persistent problems with fresh eyes and imagine innovative solutions. But the values and perspective of the Old Guard will be essential if they are to implement their ideas and restore our ideals. Change is often dynamic and uncertain. Government is at its best management and predictability.

We need all these elements to preserve our democracy and create that proverbial rising tide that lifts all boats.

Contributor

Byron Tully (right)

Grandson of a newspaper publisher and son of an oil industry executive, Byron Tully is an author who also writes for the entertainment industry. His nonfiction debut, "The Old Money Book," was published in April of 2013 to excellent reviews and enjoys consistently strong sales worldwide. His other works include "The Old Money Guide To Marriage", "Old Money, New Woman: How To Manage Your Money and Your Life", and "Old Money Style - The Gentleman's Edition".

Byron regularly contributes to its blog, www.theoldmoneybook.com, which has been visited by over 1 million readers since 2014.

In February of 2020, "Old Money Style - The Gentleman's Edition" was published by Acorn Street Press. This fourth book in the Old Money series reveals the fundamentals of dressing well in a classic and timeless style. In November of 2020, Byron published a 2nd Edition of "The Old Money Book", which expands on his original classic. This 2nd Edition includes vital information and insights for readers as they navigate a very different, post-pandemic world.

Byron speaks frequently about the culture and values of Old Money. He has been interviewed by KABC New York's Financial Quarterback Show, The Huffington Post, and The Simple Dollar, among others.

He lives in Paris and is happily married to an Old Money Gal from Boston.

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