First off, "status" can really mean whatever quality is desirable. Money certainly plays a role, but so can looks, or intelligence, or personality, or hierarchy within a social network, whatever. As for the women seeking high status males, well, wanting a high-status male isn't enough to get one. Competition drives many women to have to seek out lower-status men than they would want in the absence of competition. If high-status men can become attached to multiple women, then that reduces competition for men, and it will drive up the standards for men that women can impose. Someone's going to lose.