Sack a very rich person disregarding society (8)

I believe the answer is:

moneybag

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'sack' is the definition.
The answer and definition can be both man-made objects as well as being singular nouns.
Perhaps they are linked in a way I don't understand?

'a very rich person disregarding society' is the wordplay.
'a very rich person' becomes 'moneybags'.
'disregarding' is a deletion indicator.
'society' becomes 's' (common abbreviation in names of organisations).
'moneybags' with 's' taken out is 'MONEYBAG'.

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