What can you infer from prince prospero's name?

If you take a look at the name Prospero, you will probably be reminded of the word prosperous. So, we can assume, based on the Prince's name, that he is prosperous, which means rich and successful, which is true, if you've read the story. However, he is a crazy, selfish hedonist, who doesn't think about his subjects at all, but rather just wants to please and save himself.