Agree 100% with that analysis of the mindset of the ultra-rich.Or perhaps more accurately the ultra powerful.I note that this Lord Ballyedmund clawed his way up in a commercial world.It's odd because I think the vast majority of us would,once we had maybe 1% of this guys net worth would buy ourselves a chateau in France or a few expensive boys toys and just take it easy at the age of seventy.
For some reason these people are still driven.That combined with wealth and perhaps an over developed sense of entitlement create personalities best described as "I know best".In this case I think it was lethal to the man himself and those around him.I think that those who inherit wealth don't usually display this characteristic which taken to the extreme is probably dysfunctional.