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MugaSofer comments on Checklist of Rationality Habits - Less Wrong
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Sure there does. A military dictatorship, for one.
Name one where the dictator and his cronies were not also embezzling the wealth of the country and living it up with their rich buddies. That's what they grab power for.
Even if the guy at the top has ideological principles that forbid such behaviour (rare) and isn't a hypocrite about them (super rare), there is always someone high up in the hierarchy who is in the market for favours, and due to the nature of a dictatorial hierarchy, essentially untouchable.
You're describing a situation in which politically powerful people become rich, not one in which rich people become politically powerful.
Do you have an example of a military dictatorship where the immensely rich were allowed to keep their wealth, but couldn't use it to exert political influence?
Well, no. Not offhand, anyway. But people can become rich after the revolution, and I can't think of any examples of people gaining "a lot of political power to try to further enrich themselves" this way. Of course, those who already have such power (due to corruption or whatever) do tend to use it to acquire wealth...
EDIT: Put much better here.