And secondly, now that you've made a point that can actually be attacked, You know that late capitalism is a bitch to live in, right? Like old money people haven't worked a day in their lives, they don't even know how to take a bus or fry a go***mn egg, and inflation goes crazy with how much money devalues with salaries not following that. In the end, the only way to make enough money to live comfortably is either to get really really lucky or to study and get yourself through college, which is difficult if you gotta work to support your family while you're in high school.
And also, college there in the US is expensive AF. Like a state is based on law-enforced empathy. If you're rich enough that you could live for the rest of your life spending 3000 bucks a month with just the money you have at the moment, and there is someone dying in the streets bc there ain't enough money being pumped into homeless shelters, it'd be pretty basic decency to help those in a more precarious situation, and if someone is egotistical enough to do that, to have a bunch of money they will never need stashed somewhere like Smaug, they probably shouldn't be allowed to do that.