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Having a fancy floating house boat is strictly the small beer end of mega yachts for the ultra wealthy.

Paul Allen's Octopus was so much more:

[1] https://en.wikipedia.org/wiki/Octopus_(yacht)

[2] https://www.boatinternational.com/yachts/editorial-features/...

This is an interesting example. The wiki said he was worth $200B at his death, while his boat cost $200M when built. When he died it sold for 230M. So in a sense it was an asset, in that it did not depreciate (ignoring inflation). Though I’m sure it cost a lot to operate and maintain.

So he spent 0.1% of his wealth on this! Pretty reasonable budget to spend on something you enjoy IMHO.

He also put it to use on some exploratory missions, rescue mission etc.

isn't that 0.1% of his wealth?

For comparison, if your net worth is $500k, that's like spending $500 on something.

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