Yes, but you were probably born into a world where you actually have to interact with the peasants... If you hadn't been, then it's unlikely you've ever really had to come into contact with them in any way other than being their boss or hero. In that case, everyone you know and actually interact with (and consider to be a real person) already has all their needs met. And if you ever choose to lower yourself to work at all, it's just for the friendly competition with your economic peers to see who can hoard the most.

Honestly, most rich people are nepo rich, and probably have no idea how the majority of people live because they've literally never had a real interaction with anyone who's not also a nepo baby.