I downvoted a few of your comments in this thread and all for similar reasons, but I'll just reply to this one.
You're putting forth your ideas about money buying happiness as if they were facts that you have proven or that have been proven elsewhere. But human happiness is much more complicated than you think it is, and I think the spirit of most of the replies are merely suggesting that things are not as black and white as you have made them out to be.
> the problem only starts when you start comparing the Ferrari guy and play-in-the-dirt-with-kid guy.
That seems to be what you're doing, is introducing this "problem" by comparing these two situations, or comparing some other abstract ideal rich life with the life of middle class or "normal" lives, when in fact comparing them and trying to find out who is happier is very hard.
Here's another one to compare: I hate driving, so I think I would rather ride a bicycle than drive a Ferrari. But that's just me; I can't even articulate why I dislike driving. I would never suggest that someone else isn't happy driving a Ferrari and would be happier on a bike, because it's a senseless comparison. Same with the dad and his kid playing in the dirt.
While wanting a ferrari as a kid may or may not make you unhappy, I don't personally know anyone who was given a ferrari as a kid and was ultimately happy. They usually tended to end up less happy than children who weren't spoiled by their parents.
Most people would be OK with that, the problem only starts when you start comparing the Ferrari guy and play-in-the-dirt-with-kid guy.
Objectively everyone is happy, subjectively they are not. And no human ever exists in isolation.