i happened to catch floyd mayweather entering south beach one evening in his Bugatti---
1--Does he travel with bodyguards, who carry guns?
2--If I were him, I wouldn't be that showy with my wealth
3--It's usually the poor rich people..who are interested in showing off.
4--Real wealth is much more conservative and subdued.
Kind of like a blinged out diamond Rolex vs a Patek Philippe.
So, ostentation as self-actualization?1--Im not sure if TMT were packing or not. I would not be surprised.
2--you only live once, why hide?
3-4-0ld money vs new money-- new cofident money quickly earned has a tendency to want to "prove" itself to the world. While old money that was earned generations ago and is merely maintained by the current generation is very conservative. Heck some famous wealthy family's heirs live like paupers since they are so afraid of losing more. Its really sad.
So, ostentation as self-actualization?