How today’s wealthy present themselves differently

Sir Peter Daniell went to Eton College, a grand private school favoured by royals and the rich. He was not a strong pupil but was admitted to the University of Oxford in 1927 after his cousin had a quiet word with a college. Daniell had a “wonderful” time there, doing almost no work, then took a job in his father’s financial firm. Did he feel at all guilty about his gilded upbringing? Certainly not. Meritocratic ideas were “damned stupid”, he later said, and nepotism was harmless.