Whose status is higher in society - MF PE Partner or an A-list celebrity (Kanye/Drake/Beyonce)? 

There’s a lot of ways to think about status / power / ranking and obviously there is no clear answer. A lot of it depends on what each person values which makes it even more arbitrary.

Would generally think in today’s world, all these things could generally be summed up as how much market value any individual has and what that is driven by or tied to. In your example where you name a “MF PE Partner” we must acknowledge a lot of the powers this person has whether it is his ability to invest in large companies, etc. is provided by the platform he or she is part of rather than intrinsic. Said differently, should the average MF PE Partner leave that ecosystem most of his or her privileges would immediately go away. Some of the most successful Partners may have a chance at raising a fund personally which is one way of signaling intrinsic power but for 99% of Partners that’s not possible.

In contrast, Kanye (for example) has much more intrinsic value one could argue. He himself is his own largest asset, he as a human has crazy IP value that isn’t tied specifically to anything other than himself which typically also creates the higher odds of creating personal wealth. Most of the perks a Partner has I would assume Kanye can also weirdly achieve somehow if he wanted to. But in contrast, there are a clear set of advantages that Kanye has as an economic asset that no PE Partner will ever come close to.

At least based on this general framework, frankly I could even see an argument made that an influencer with millions of followers, etc. is better positioned economically than an average MF PE Partner…