-->
Implying, firstly, that the only thing that really counts in life is the enjoyment of material benefits; and, secondly, that a materially successful life is, by itself, an evidence of one's being "on the right way".
Their arrogance is openly based on their worldly power and position, their family influence, and the strength of their man-power. Turn back again to the contrast drawn between the arrogant ones and those whom they despised, in verses 31-33.