DanArmak comments on Harry Potter and the Methods of Rationality discussion thread, part 26, chapter 97 - Less Wrong Discussion
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Wizarding culture. Trade with muggles was basically worthless until a single wizard's lifetime ago, so the prejudice hasn't had time to evolve away yet.
Muggles had a lot of gold a hundred years ago, too. Certainly if you count in terms of just a few wizards taking possession of it. And it was easier to find because currencies were gold-backed.
If they were unwilling to just steal it (for whatever reason), then spending a few weeks performing services for the richest people in the world in exchange for half their wealth (amounting to many millions of Galleons) would have been a great bargain for wizards.