Aristocracy today? Fabricated royal descent is more common than pedigreed royalty and aristocracy. 150 million Americans (about half) have some traceable European royal or aristocratic descent, mostly from the original Americans who received land grants. Princely titles are active in many European countries that generate a jet set class with some living on name alone. Below left Charlotte Casiraghi of Monaco.
Above right, Jamie Johnson's Born Rich, 2003. In the United States where new money is almost all there is, second and third generation wealth qualifies as influential. Read more about American Wasps here and the prep tradition here. See Wasp films and costumes here.
There is also the question of a need for an ongoing myth of aristocracy seen in the celebrity who occasionally follow the aristocratic code of giving back.