You see one thing the wealthy understand is depreciation. The things we own depreciate and lose value over time. They operate on the understanding that money should be making you money. Aside from the normal expense of living with added benefits, you won't see many of them actually owning outlandish things.
Unless you are a sports athlete who began to make obscene amounts of money with zero training on what to do with it. It the ones who have been trained to think and invest wisely.
I interviewed a company called Royal Yacht Charters recently. The provide yacht charters in Miami . They have beautiful 40' yachts and mega 120' yachts. It is quite an operation