I don't entirely disagree with your point. However you and that person in Laos both have to work to put a roof over your head and food in your plate. There's a

I don't entirely disagree with your point. However you and that person in Laos both have to work to put a roof over your head and food in your plate. There's an absolute threshold at a few million dollars that guarantees financial independence wherever you are in the world. These rich people are well above that threshold. That's why it is more ridiculous to chase ever more money at their level than it is for you to purchase an expensive bike.