Maybe not any income level. Well, you can buy Twitter I suppose. But, yes, you can fly Netjets or whatever, buy supercars, have a bunch of personal staff, and eat out at Michelin-starred restaurants on a regular basis. And burn through certainly multiple $100Ks or even 6 figures annually pretty quickly.

There was once a billionaire in Brazil who blew it all.

Instead of Netjets you can own your own jet(s). Instead of restaurants you can buy them or have the chef come to your house. At the extreme end, you can start a space program.

The sky’s the limit!

Eating from the hand of the same chef all my life? No, thanks.

Having known (tangentially) someone with a live-in chef, I can confirm that they do not supply literally all the meals.

Yeah. I sometimes feel like I'm being a bit extravagant but it's pretty small-scale in the scheme of things. No interest in multiple homes, yachts, jets, etc. Don't even eat out all that much except when I'm relatively modestly traveling.

For all his failings I can't recall Musk ever claiming he lives paycheck to paycheck.

There is a guy on YouTube that runs a channel called "I will teach you to be rich". Part of his content is like a call-in radio show, where people share their trainwreck expenses. It is unbelievable how people spend their money. And these are people frequently earning over 200K USD per year. If you watch more than a few episodes they all sound the same, and it is very hard to have any sympathy for their wasteful spending habits. When confronted by the host about various line items in their shared budget, the guests (invariably!) have unlimited excuses why this or that cannot be cut. Most people that I know that are earning more than 50% above median income are incredibly wasteful spenders. Most of them are in for a huge shock in their 50s when thinking about retirement.

Almost all of us are wasteful spenders in our own ways. The point of that guys show is to teach people to only spend money in ways that really matter to them. But, my matters might (likely) be your wasteful.