Are you a socialist Richard?
Private wealth might be an advantage in seeing off the blandishments of corrupt politicians, and power structures.
Are you guilty of muddled thought? Are not butlers employed and happy by and large? Why do they need you to fight for them?
Leave Jeeves alone and Bertie Wooster. Get after the EU please.
The problem with inherited private weath in politics is that it insulates the beneficiaries from the real world, and any understanding of how it works ... thus almost by definition rendering them unsuitable for the task, lacking as they do any scintialla of empathy. More to the point, in the current environment, we are getting toy boys who are able to become politicians and progress to positions of power merely by virtue of their inherited wealth. Does that bother me? Well, not particularly until they start mouthing their meaningless shit, like "we're all in it together". Er.. up to a point, Lord Copper, 'cept we get to make friends with the bailiffs, not they.
This, of course, does not mean that lack of personal wealth - as with Heath - makes for good politicians. It may be that the problem with politicians is just that they are politicians, and perhaps we should shoot ten percent of them at random every decade, pour encourager les autres
, irrespective of their net worth.