It's a symptom of someone obsessed with wealth but with no actual taste. That's always been trumps thing. Money or the illusion of money. He has more money than you, just look everything is gold, you don't have gold stuff unless you have money, right? It definitely is the "style" of someone who never left the 80's.

Reminds me of those I've seen who are dead broke but they still try to make themselves look rich by wearing a pound of gold jewelry that came from their relatives.