Wealth - extreme wealth - is a political issue. The press is dominated by a small group of billionaires, some of which have a long history of trying to influence UK politics. I'm sure you will all remember "the Sun what won it" when Kinnock lost to Thatcher by a just a few hundred votes across the country.
Since then Murdoch and others have sought to influence PMs from both sides of the house.
In recent years, papers owned by these billionaires have peddled hate and division. Hatred for foreigners and poor people (aka scroungers). And of course the EU itself. A convenient way of deflecting our population from the fact that the extremely rich are getting richer and richer while the poorest are getting poorer. And even the moderately poor are suffering from stagnant wages with fewer and fewer secure jobs available.
The government these press barons support are undermining the things that most people value about this country - the NHS and a good, free education system.
The extremely rich only seek to get richer and richer. They value power because they can wield it to further their wealth accumulation.
Osborne has been a puppet in their games, implementing austerity, which is biting deeper every year. He is now getting his reward. Arrogance comes with the territory.