Material wealth is only one form of wealth, the least gratifying and the most transient in my opinion. I'd argue that the parent who has a daughter that adores them is the rich one.

That being said, the conundrum becomes whether one should give up one's passions and dreams for one's children. You end up with all sorts of sick (IMO) scenarios where parents impose their dreams and goals on their kids and vicariously live through them. That's why I know I will never have children - because if I did, it would mean giving up on my dreams.