Yeah!
But if you have much money, you can buy upvotes from upvote bots and increase your REP very quickly.
So, its like buying our REP. The meaning itself reputation is no longer that much of value because it can be bought.
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Is a billionaire not valuable because he bought up his value, right?
Maybe.
Billionaires with the same amount of resources/money may have different reputation. Some billionaires are planning to help those in need and some may help but those their fellow billionaires to gain more, giving and sharing themselves, enjoying themselves while others are suffering.
But, its their choice and we have to respect its other, poor or rich.