Rich One
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My friend was referring to memberships in the best private clubs, the elite schools, etc.
That's where networking starts, and in Chile networking is all. Who your parents are, who are you related to, whom did your siblings and cousins marry, which school did you go to, etc.
Access was fenced-off from the start, and people outside those groups had much of a chance of being accepted into the upper class, whatever that may be.
Something similar happens in Argentina. No matter how much money people make, even nowadays membership in the Jockey Club is restricted to the privileged few. Landed gentry, for the most part.
That model is still true in Chile for the Traditional Spanish Colonial Society. The super rich from other communities formed their own clubs and high Schools namely. Club Arabe, Club Israelita, Prince of Wales Country Club. Club Croata. Believe me no circles are closed for the Croatian Family Luksic.
In Argentina many of the Super Rich Don't belong or plan to join the Jockey Club ( La Aristocracia Vacuna de la Sociedad Rural is passé) such as: Rocca, Roemmers, Eurnekian , Bulgheroni. Galperin, Constantini, Migoya (Globant). Grobocopatel, IMHO