I think most of this sentiment comes not because of wealth in itself but how it was achieved.

majority of billion dollar companies are associated with bad behaviour : anticompetitive practices, shady deals, government subsidies etc. amazon got billions in subsidies just for opening second headquarters. amazon is selling ripoffs of big brands. worker rights abuses. microsoft did many things to eliminate competition. list goes on and on. and I’m not even talking about uber’s shady projects to avoid government agencies.

so when success gets achieved by scams and shady behaviour, probably it’s not much to celebrate and reward.