What is "tuhao"

Tuhao is a Chinese term referring to people of wealth. The term has several related and differing definitions. The term in its original literary form, refers to those of prominent & wealthy background. In the internet age, the term has also became a popular slang used to describe " nouveau riche". Pejoratively, the internet slang can be understood to carry on the meaning of "uncouth nouveau riche", "tacky" or "extravagant".