Oh, absolutely. I've actually said the exact same thing when talking to people about the trend of modern influencer celebrity types. An endless and ever escalating glorification, flaunting and worship of wealth that's caught millions of desperate people in a cult-like flytrap. Just watch, it'll continue decaying over time and we'll all eventually move onto a post-glamour society, though I won't hold my breath since it's gonna be a while.
Edit: That bubble can't grow forever. Sooner or later it'll pop just like every other bubble under capitalism.