Is it good when you have huge deposits in the bank, plenty of valuable possessions, abundance of anything of value? Nearly all, measured wealth is in monetary factors. We say that people are wealthy when we see their grand mansions, different cars, lots of jewelry, or expensive clothes.
We assess wealth by material possessions. Wealth can be inherited or created. Only few are born wealthy, most need to work hard and sacrifice a lot of things in order live like a prince. Wealth begets wealth if you know how to manage it.
So the more money you have the more you will become wealthy. Richness offers a lot of opportunities and opens closed doors. It elevates your social standing and gives you power.