It also corrupts, but by association with other rich assholes. But to get to that level, you need to have no morals.
Also money separates you from reality. These tech ceos often have entire wings of the headquarters to themselves, hidden behind private security. With only yes men left to talk to.
It does sometimes lead to good outcomes, like when Steve Jobs thought that a fucking insane diet would cure his (at the time) fairly treatable cancer.