Affluptosis is a term used to describe the intended destruction of personal wealth.
from affluence [af-loo-uhns or, often, uh-floo-] noun
abundance of money, property, and other material goods; riches; wealth.
And -ptosis (to´sis) a medical suffix meaning falling, drooping, downward placement, prolapsed, to fall out of place
1. the abnormal downward displacement of the affluent.
3. socialism, redistribution of wealth, class envy