FDR's kind of upper class-landed, merchant
Just to give another view-- - Landed gentry- do nothing for their money, just collect rents from farmers , unlike industrialists who create a manufacturing business, or financiers who identify promising businesses and risk their capital investing in them them. - Merchant seafarers - liberals today would call them 'globalizers', buying goods for very low prices where labor is very cheap and selling them for huge profits elsewhere. in reference to: "Both the Roosevelts and the Delanos were prosperous merchant families who had derived much of their fortunes from seafaring. As a landowner with a Hudson River estate, a man from a family that moved easily in the Edith Wharton universe of Knickerbocker society, Roosevelt approached economic problems with different preconceptions from those of the industrialist or the financier on the make." - The FDR Years: On Roosevelt and His Legacy ( view on Google Sidewiki )