I had a friend (of sorts) who had a $200,000 per month income from old family oil money and she dressed and acted just like Terayza. She donated money to ever ultra-liberal cause there was. She sent a good part of her money to Communist causes in other countries. Her hair, like Terayza's, was barely combed and cut like a bowl had been put over her head. I think it is true that when you have that much money you don't care what anyone else thinks.
I shudder to think what she might be planning on wearing to the Inaugural Ball. (NOT!)
sw
There is a person somewhat like that down here in my area.
She has "old family oil money" also. Lots of it.
Except. She is mostly conservative. Usually a nice person. For instance, she recently donated some $50,000.00 for the renovation of an old Catholic Church and yet she is a Protestant herself.
(I've seen her "get mad at someone" and be a little "out of line" on a few rare occasions.)
People do comment about her clothes and overall appearance but never to her face. She dresses something terrible.
(You'd have to see it to believe it.)
I would say most people in this area (myself included) would agree with your statement:
I think it is true that when you have that much money you don't care what anyone else thinks.