I have to agree with you on reflection DAR.
There have always been a proportion of people who have got rich through a degree of personal arrogance, decide to take up flying, and are a menace to themselves and others because they don't take the attitude to their flying that it wants and needs.
In North America they often used to by Bonanzas, leading to its reputation as the "Doctor and Lawyer killer", which was unfair on the aeroplane - it was/is just a flying machine that needs a reasonably sharp and current pilot. Nowadays they're mostly buying SR22s thankfully, so we get lots of chute-pulls, but less dead lawyers.
The real danger however is probably where they keep buying medium sized helicopters. Those machines don't have an easy-out (well they do, land in a field and walk, but that goes against the moral grain of many of their pilots), and are relatively unforgiving of lack of recency and skill.
G