The super rich do quite well under socialism. They become the royalty and the rest of us are stuck perpetually at the bottom. Feeds their egos.
In the Mexican model, a tiny handful of enormously wealthy oligarchs align themselves with the political power structure. Having fortified their entrenched wealth, they kick away the ladder so others can't build wealth (erecting barriers such as taxes, levies, fines, and fees to limit incomes).
Once the middle class has been destroyed or reduced to politically insignificant, there are effectively 2 classes. The wealthy develop an almost god-like stature among the proletariat class. The poor (over 80+% of the country) become like slaves, they beg for scraps from the rich who control the government. The government manipulates the masses with freebies such as incompetent nationalized healthcare or subsidized energy. (ironically, the freebies don't come from the rich, they come from the skimmed profits drawn from the labor of the poor they claim to help). And they influence the poor with state run broadcasting or an oligarchy run media.
Obviously not all the wealthy are this way. But these types that support Obama and the Dems in this time of peril have gotten bored with their riches and see this as an opportunity to satisfy their lust for power, control, and a narcissistic desire for adulation.