I posted this thread in the Luxury and Lifestyle forum only because there is no Fool And His Money forum.
If you're worth 15 million USD sure blowing 13 on a car looks foolish, but then if you are worth 2 or 3 extra Zeros why not.
I'd actually venture that most folks who amassed much money, say over 1 billion usd, are far from fools, whereas it remains to be seen about the masses who point fingers at them.
But on a side note, I used to be involved in some luxury goods trading, and difficult to execute bespoke orders signed by big names came out at ridiculously high prices if one considered the materials involved. Yet besides big recognized brands who attracted both the wealthiest customers and mass of suppliers, i'm not sure anyone could finalize those orders - to begin with suppliers usually wouldn't work half as conscienciously if orders didn't come from big houses.
Than the houses , which usually had payed their suppliers quite well, charged a nasty mark up on the finished product, huge loss if one was trying to resell the products immediately, worse than for cars, but than again one's perspective depends a lot on their ressources and feeling towards one of a kind items.
