>Unless he does some smart investing This is an investment. He didn't throw a $70 million party, he bought an asset he can sell in the future and which he pres

>Unless he does some smart investing This is an investment. He didn't throw a $70 million party, he bought an asset he can sell in the future and which he presumably thinks will increase in value over time. And anybody who just became a billionaire is not going to stick that money into a savings account, they will get hooked up with a very good financial advisor who will help them to grow their wealth. Say he has $1 billion, a decent but not great return on that would be 8% a year. That's $80 million! He could buy one of these every year, spend $5 million and still have $5 million left over. And that's exactly how he should and presumably will manage his wealth. You don't spend your wealth, you grow it and spend some of the income it produces. Which is precisely what any rookie financial advisor would teach him on day 1.