If I'm making $100k/yr and I spend $20k cash on a second car (e.g. I don't use that often), or a pool, it's the same ratio, and people do it all the time. And that's just luxury items, not things I can justify from a business perspective. And I don't disagree for most people renting or fractional ownership of planes are undoubtedly better deals (200 hours is a lot of time in the air), but none of that is what you said.

It’s both 1m upfront and 1m every year after that. So, buying a second car for 20k every year is a different story.

Put another way, someone making 100k/year could send their kid to prove school for 20k/year, but it’s a major expense that would impact their lifestyle or savings significantly. It’s possible, but not affordable.

Planes and boats at all levels are known for being a sink for money - no experience personally, but come on, you know operating costs are huge. Like, at an ordinary person's scale, you buy a used German luxury car for $10K, but it's still the same car that was $60K new, which means fixing it will be proportional. And if you can't personally pilot it...