> At some point far before the 1% [from context, presumably income] mark, wealth accumulation becomes much more about personal power and legacy than anything else.
False, IMO. 99th percentile income is about $400K gross per year (for household income). Two 40-year olds raising children, making $400K between them are technically "top 1% income", but are quite far from granting buildings to their alma mater and building monuments to themselves. They are more likely worried about college tuition, retirement savings, and healthcare than they are about whether the plaque on the front of their building should be silver or bronze.