Nouveau Riche (college)

Nouveau Riche
IndustryMulti-level marketing, non-accredited trade school
Founded2000 (2000)
Founder
    • Jim Piccolo
    • Mary Piccolo
DefunctDecember 31, 2010 (2010-12-31)
FateDefunct
Headquarters
Area served
United States

Nouveau Riche was a multi-level marketing company and a non-accredited vocational school specializing in real estate investing. Class topics ranged from introductory real estate investing to advanced techniques such as creative real estate investing techniques including wholesaling, multi-units, and short sales; examples of course titles are "Fix & Flip" and "Creative Financing."

The company takes its name from the French term nouveau riche, which refers to those with "new money," particularly in an ostentatious or vulgar manner, who created wealth within their own generation as opposed to inheriting a family fortune ("old money").

Nouveau Riche University closed down on December 31, 2010.