The character in "Catch-22" by Joseph Heller is perceived as a figure of wisdom and success in his community. His considerable wealth leads neighbors to approach him for guidance on a range of topics, highlighting the common association between financial success and wisdom.
This reliance on him for advice underscores a societal belief that those who have achieved material success possess deeper insights or knowledge. Consequently, his status as a wealthy individual positions him as a trusted advisor, even if their connection is largely based on his financial accomplishments rather than any true expertise.