More like the king among the minor nobility.
I don't think it's fashionable to actually dress well anymore.
Michael Douglas' "Greed is Good" movie speech had a bigger cultural impact than the actual plot of the film (Wall Street, 1987), where the exploitative nature of private equity takeovers is shown, and where both Douglas and Sheen eventually land in prison for insider trading.
Also, every year there are a few people who actually try to move to the village I am from. Most of them sell their house again within a few years because they don't understand that living in the countryside sucks if you're not trying to be part of the local community, and if you move in acting like you're better than the locals that's not going to happen.