It’s revisionist reality as well. The Chassidishe courts of today are known to be generous with tzedakah, including but not limited to those singled out in this thread.
Some rich people like to have over-the-top weddings. This could be true of goyim, Chassidim, Litvaks, Long Island non-frum yidden, etc. It’s silly to make this out to be a religious thing. Are you going to start criticizing the funerals of Rabbonim next?