Final answer:
Joseph of Arimathea was wealthy in biblical accounts, as he could provide a tomb for Jesus. Therefore, the given statement is true.
Step-by-step explanation:
The question of whether Joseph of Arimathea was a rich man is a subject best placed under Social Studies, as it pertains to religious history and biblical texts. The New Testament implies that Joseph of Arimathea was indeed wealthy, as he was able to provide a tomb for Jesus after the crucifixion. It's described that Joseph of Arimathea, who was a follower of Jesus, played a significant role after the crucifixion by providing his own tomb for Jesus' body.
Joseph was able to do this because he was a man of means. The Scriptures and historical context suggest that he was part of the Jewish council and had the financial capability to own a tomb, which was not typical for the lower class of that time. The Deposition notably depicts Joseph of Arimathea as a central figure in Christ's burial, indicating his prominence in the historical event. In this light, the answer to the question is True.
Therefore, the given statement is true.