I would say that putting money above faith, family, and friends is a problem.
However, a person can be true to faith, family, and friends and also recognize that either good people control the wealth or bad people control the wealth.
There is no virtue in good people ceding the wealth to bad people.
Putting money above God (the Lord Jesus Christ) is the problem.
If He is not the Lord of someone's life, then that person will makes something else their "god." Sex. Alcohol. Material possessions. Or Money in all its forms.