This is a keeping up with the joneses tale. People with flashier spending habits often have rotten savings habits. Never judge yourself by what other people show you.
In a way; but even 'savings' are easily manipulated with business vs w2 income. You can do mega 401k contributions (60k-100k+ per year dependent on circumstances), can roll to IRA, use a self-directed ira for further investments in family land or businesses ($millions per year).
Management companies in different states/countries work wonders to drop your tax and increase money you can spend. Even small guys $1mil rev are doing things like a Dubai management company nesting.
Personally I just think it's the reality. The bulk of busy tax payers are middle income earners who just do the honest thing and don't have the time available to workout how to rort the system.
Once you have enough disposable incoming, you can start to pay accountants to do money magic for you.
