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NancyLebovitz comments on Missed opportunities for doing well by doing good - Less Wrong
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My assumption is that people generally don't think clearly about how they spend their money, including whether they're pursuing status efficiently.
I think we're considering two different standards for pursuing status. I'm suggesting that people could give a good bit to charity while pursuing status as effectively as others who have the same income. Additionally, they might be able to pursue status more effectively if they get the sort of psychological boost that multifoliaterose does.
It's conceivable that someone who put a comparable amount of thought into pursuing status could do better than others with the same income if they didn't give to charity, which I think is what you mean.
Just for the record, I think pursuing status is a major human motivation, but hardly the only one.