That’s the one in a hotel in Virginia, right?

Egninear?

People with that much money are surrounded by yes men and other people with that much money. None from outside their circles reaches them. As a result, they live in an echo chamber where all they do is for the best of anything they care about. It’s not, but no one will tell them otherwise. Even worse, even and if an outsider reaches them to denounce their wrongs, the echo chamber will find ways to blame the outsider and defend the rich and powerful.

TLDR: The segregation of population by earth, with people so rich that the money is incomprehensible is the problem. The current cast of rich people are just the latest group to do the same as the previous oligarchs.