It does for...
The beach front property, best hotel room, best cell phones, best food, best alcohol, anything at all which is collectable, the mountain ski lodge, the first class seats on the plane, seats for the opera, etc.
Say there is 1 best apple, and 8 average apples and 1 crappy apple.
1 person has 98 dollars.
the other 9 people have between 10 cents and 25 cents.
First iteration.
The wealthy person gets the best apple for 26 cents. And still has over 97 dollars to get the best tv, the best signed baseball, the best artwork, etc etc.
The rest pay some price under 25 cents.
Second iteration
The wealthy person buys all the apples and sells them for 1 penny more and now has 98 dollars and 9 cents. he may even destroy a few of the apples to maintain price.
Third iteration
The nine either vote for higher taxes or they get violent.