Definitions: New Rich

I think Tim Ferriss has the best definition of the New Rich (NR) in his book 4HWW, so here's how Tim defines it:

"The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility. This is an art and a science we will refer to as Lifestyle Design (LD)."

The desired outcome of the New Rich is the freedom that the millionaire lifestyle allows without having to have the million dollars in the bank, first. There are methods to leverage time and money in order to accomplish this freedom now instead of waiting until your in your 60s.