yes, as meaning of wealth is relative. Ordinary working person standing next to Buffet or Gates seems to be deep in poverty. Yet move the same person to some village in Tchad or Bolivia and all of the sudden affluence shines.
I had family member, since deceased, who in thirties did not own shoes but yet was considered wealthy by community because he was first in the village to own bicycle. And that fact was not forgotten in the community since I was told that by the neighbour , as a boy good , 30 years later