I was watching Downton Abbey recently, and some of the aristocrats were griping about running out of money and what they should do. On the surface they were well off and established, but beneath the white ties and silk they were on the road to a financial decline and fall.
A real life aristocrat following a similar path was Winston Churchill. This is a story well told in this book: “No More Champagne: Churchill and His Money” by David Lough. It’s a quirky history, in that it approaches a well known figure from a special angle. Fans of finance or Churchill or England find much to enjoy in the book. I was sad to finally finish it.