Forbes sells directory that catalogs Old Money families

The listings have their own shorthand. “P” after the name meant “Princeton” while “BtP” meant the person belonged to the Bath and Tennis Club of Palm Beach.

Wealth and fame have never been the sole criteria for admittance to the black book. Donald Trump, for instance, is not a member, nor is Kim Kardashian. Being Jewish or Black is no longer a bar to membership — as President Obama is in.

The Forbes family acquired TSR in 1976, but it was held most recently as part of the Forbes Family Holdings — which has been shedding its real estate holdings.

It was not part of Forbes Media, which includes the flagship magazine that finalized its sale to Asian investors in September.

Article Appeared @http://nypost.com/2014/11/01/forbes-sells-directory-that-catalogs-old-money-families/

 

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