The thing is, if you have enough money (e.g. work is an option) and are bored, you will want for challenge and diversion. Money doesn't cure the human need to be recognized and to be connected and to be relevant. If anything, it makes it more of an isolated and pure drive.
I know someone who used to be a very successful fundraiser for a museum. The unwritten subtext is if you want to be 'Chair of the ball' is that it is a sizable donation ($25-$50k to start).
Money is the price to entry but navigating the social hierarchy (e.g. socialite) is something that requires acumen, not just money.
I am reminded of a Brasilian girl who moved to our neighborhood/school district in middle school (most of us had known each other since early grades). She invited literally everyone to a big party (not extravagant by any means). Quickly become integrated into the social circles. But her ongoing popularity was more due to her acumen and personality.