Although, give it some thought and you see that it's a critique of some of the more popular tropes of comic book villainery - namely, that villains get all that respect and awe despite never really winning any of their battles against the heroes. Sure, Doom is a benign ruler of a prosperous Kingdom and has used magic and manipulated Gods, etc. - but he's still unable, through various faults, to crush and annihilate his arch-enemies, no matter how many chances he's given.
This Marquis of Death character is very much a tongue-in-cheek parody of 'absolute villainery' - taking the time to destroy everything, including the kitchen sink - and it's most likely that he will be defeated and/or destroyed via a strikeback by some sort of absolute heroism, e.g. Ben Grimm.