Set in early 20th century New York, Edith Wharton's classic novel follows the changing fortunes of the beautiful Lily Bart, an impoverished socialite who relies on the kindness of rich friends to move in glamorous society. Lily and all her friends know that she must make a rich marriage to achieve financial security, but she is drawn to kindred spirit Lawrence Selden, a charming but decidedly middle-class lawyer. Will Lily survive in a world of predatory financiers and their ruthless wives?

Beautiful, sophisticated and endlessly ambitious Lily Bart endeavours to climb the social ladder of New York's elite by securing a good match and living beyond her means. Now nearing 30 years of age and having rejected several proposals, forever in the hope of finding someone better, her future prospects are threatened. A damning commentary of 20th-century social order, Edith Wharton's tale established her as one of the greatest British novelists of the 1900s.

Witty socialite Lily Bart has expensive tastes. Unfortunately, she does not have the social status to match. So far she has managed to get by on ‘old money’ and has become accustomed to a certain level of luxury. Her luck seems to be running out, however, as she approaches thirty and begins to scramble for an eligible bachelor who will secure her both an elevation of social status and stability.

The novel is about New York City society in its best years through the life of a beautiful girl who is an outside insider with a foot in and several feet outside the inner circle.

Lily Bart enjoys an equitable standing within the New York City elite. Although she desires a comfortable life and has received generous proposals from wealthy suitors, Lily remains single with hope for an honest and loving marriage. However, her life takes an unexpected twist when a nasty bit of gossip instigates her long descent down the social ladder. With her reputation plummeting, Lily escapes the city by joining an acquaintance on a European cruise.