If someone has to publicize his or her net worth is it a clue that those who’re far wealthier exist somewhere quietly in the abyss?

I personally don't give a hoot about a person's net worth...when someone has it and flaunts it I see them as conceited, arrogant, shallow, and so on. When someone brags about it I find myself doubting the truth of it, and that they are just trying to impress people and win friends...I find it kind of pathetic.