Not necessarily as there are methods to redistribute wealth without the consumers having any choice.

Recently, there was the example of the SpaceX IPO listed on Nasdaq (after they changed the rules to allow it). Lots of people have pensions/investments in tracker funds and those funds are essentially forced to buy SpaceX shares.

Simple things like "quantitative easing" can result in higher inflation which essentially devalues people's money. The ultra wealthy will typically not have any meaningful percentage of their money in currency, but instead will be in various assets around the world which means that their wealth is not affected by the inflation.

There's plenty of other schemes such as the "too big to fail" method of securing handouts from the government.