That is an interesting notion but I don't agree with it.
You can not look at the price for stuff for a long time without having that much money as long as you stay away from cars, houses, etc.
On the other hand even if you have $100 million (which would make you rich in most peoples books) you can waste that in a couple of years buying homes and planes.
If you actually have so much money you can buy planes and houses without worrying about it for the rest of your live then you would be among the top of the fortune 100 list.
You can get rid of any amount of money by wasting it.
But if you live a normal life with normal desires then a couple of million will go a long long way towards realizing your every wish, except for the absurd.
Your own plane = extravagance, multiple houses ditto.
You can not look at the price for stuff for a long time without having that much money as long as you stay away from cars, houses, etc.
On the other hand even if you have $100 million (which would make you rich in most peoples books) you can waste that in a couple of years buying homes and planes.
If you actually have so much money you can buy planes and houses without worrying about it for the rest of your live then you would be among the top of the fortune 100 list.