Is it really a good use of our tax money to have (usually equally incompetent) government bureaucrats chasing rich "eccentrics" around and policing how they hurt themselves? Department heads, and chiefs, and comptrollers and TPS reports and meetings to decide the meeting to define the committee to oversee efficiency standards, to go tell millionaires they can't ride in shonky submarines? Not using that on say schools or roads or reducing taxes or paying down government debt or anything?

Seems like a worse deal than the war on drugs. At least you don't get many people breaking into houses or neglecting their children to pay for their next trip to the Titanic.

Let them go nuts. Tax it like you would a commoner with a loaf of bread, bill them in full for any rescue efforts, and let nature take its course.