The tendency of some people to want to congregate in clubs (the "stuffier" the better) is a bit mysterious, especially for Americans. One can but assume that it's rooted in the desire to recreate the practices of a bygone aristocracy--regardless of whether the "clubbers" themselves ever had a hope of being part of the privileged classes.
In my specific case I've often observed that there were very good reasons my ancestors left the "Old Country," and most of them are still valid.
Not long ago, however, at a certain exceedingly exclusive club one gentleman, impeccably dressed and in the most posh surroundings, lifted his glass to propose a toast:
"Here's to the rich, the very rich, the filthy rich.
Let's see ... have I left anyone out?"
----------------A Final Thought ...
"Call a truce, then, to our labours--let us feast with friends and neighbours,
And be merry as the custom of our caste;
For if 'faint and forced the laughter,' and if sadness follow after,
We are richer by one mocking Christmas past."
- Rudyard Kipling (1865–1936), British author, poet