Yes, but you are not describing how the elite lives, or does business/opportunities.

They have people for the toughest of work & decisions. Their only work is moving capital around & giving general ideas to people working for them. The people working for them are paid millions.
(The "manual labor", such as designs or wherever, is like a hobby, not a business/success necessity.)

There is an unimaginable difference between people with 10s of millions ("rich") vs billions.
(And, since you mention 'promotions', there is a total mentality shift between the owner class & the working class, even when the latter get paid millions.)

And/Tho workaholics aren't really tied to a class.
I know plenty of workaholics that are lower or middle class, overworking themselves bcs they can't really not do it, even when they know they are missing on family time & extra work won't provide extra finances.

Once basic needs met (air, water, food, shelter), I believe that money can start creating more problems for people than it solves.

No.

The whole mentality of "yo, it's really hard to be rich, not worth it, feel sorry for me" is literally just propaganda for the workers to be docile & keep working dead-end jobs.

With tons of money comes tons of distractions, and temptations; there aren't any poor people on the Epstein list.

Plenty of low-income junkies.
Plenty of low-income pedofiles.
Just their surroundings are different if they are billionaires. And their power and immunity too.

Its just people, all of it, with the difference that a few benefit from the work of/added value by many.