It depends, if someone fundamentally believes that having more money than someone else means that person is of higher status, then it is. If people don't consi

It depends, if someone fundamentally believes that having more money than someone else means that person is of higher status, then it is. If people don't consider that someone with more money is of a higher status then symbols of that wealth aren't meaningful. I think a lot of people have an ingrained belief that "more money == more status"