Not always, but frequently those with a ton of money have done things in their lives that make them famous, influential, and powerful. They don't usually just spring out of thin air and neither does the admiration of and attention paid to them. I don't think people admire Elon Musk or Bill Gates or Jeff Bezos simply due to their sizable bank accounts. These three have all had a huge impact on the very fabric of how society works (modern computing, online shopping, EVs/commercial space access) independent of their money. Seems easily explainable to me.