In the US, we have people who regularly buy $1M+ Cirrus SR22s to fly on the weekends who can hardly be considered “rich” with its CAPS being the main reason they buy one and not as a status symbol
Hilarious - being able to buy a $1M+ dollar aircraft doesn't make you rich??? The need for the CAPS is because the Cirrus is a high performance aircraft with poor spin characteristics - we are back to amateurs in aircraft they don't have the skills for but want the performance and kudos of.
You can have a Ballistic Parachute recovery system on a C42 but of course that's not sexy enough for your 'wealthy keen amateurs'