Post politically charged comedy here, but be respectful!
This is one of the most absurd tropes in capitalist societies where you literally need money just to exist. No only that, but money literally buys happiness because you can pay other people money to do things you don't want to do, and that frees your time to spend on things you enjoy doing.
I remember back in the 90s John Stossel did a piece on money and happiness, and he complained that surveys show that happiness stops increasing somewhere around 60-80K per year income, so clearly money does not buy happiness.
Median household income at the time was about $30K per year.
Clearly having too much money doesn't buy happiness, but having enough money to live comfortably does. It's also important to account for inflation and other cost of living increases when considering household income.