Original sentence: A  stereotypical example would be persons with new wealth who spend money conspicuously, or who show preferences for things normally associated with people from lower economic classes.It is generally used to emphasize that the persons were previously part of a lower economic or social class, and that the acquisition of wealth has provided the ability to do or to have things that were previously out of their reach.Nouveau riche (French: "new rich"), or new money refers to persons who acquire wealth within their generation.The implication is that, despite their wealth, they are still of lower- or sometimes middle-class origin, and therefere culturally inferior.The term can also be used in a derogatory fashion, for the purposes of social class distinction,  to describe persons with newfound wealth and who are viewed as lacking the experience, finesse, or  taste to use wealth in a same manner as old money familites who have been wealthy for multiple generations
Edited sentence: Hence, this class of people is sometimes ill-regarded by old money as culturally inferior.Nouveau riche (French: "new rich") is a term, usually derogatory, to describe persons who acquire wealth within their generation, and spend it conspicuously.The implication is that, being of lower- or sometimes middle-class origin, these individuals lack the taste to use wealth properly