It definitely is. Jho Lo is a great example of this. He burned through billions, with a capital B, in only a few years time. Boats, houses, financing film projects (The Wolf of Wall Street, you can’t make this up), gambling millions of dollars at a time on single hands of blackjack. A member of his entourage abandoned the life because he couldn’t emotionally handle watching Lo spend more on bottle service at the clubs in a single night than his entire extended family would ever earn in their lives. I think most rich people are just relatively staid in their spending, despite the multi million dollar homes and all that.