For rich people, it’s not about using it or making a practical purchase. Its a way to show others how much you care about them (none).
I was thinking about this topic just a few days ago. I have another theory. Yes, yacht ownership is a method of communication, but they’re not trying to communicate with the common people, but instead indicating to each other of their level of wealth so they can find equal peers or greater peers to associate with, or greater to avoid.
A rich person with $10M net worth has almost nothing in common with a rich person with a $1B net worth.
For rich people, it’s not about using it or making a practical purchase. Its a way to show others how much you care about them (none).
It’s the yacht that counts.
I was thinking about this topic just a few days ago. I have another theory. Yes, yacht ownership is a method of communication, but they’re not trying to communicate with the common people, but instead indicating to each other of their level of wealth so they can find equal peers or greater peers to associate with, or greater to avoid.
A rich person with $10M net worth has almost nothing in common with a rich person with a $1B net worth.