He paid 1-2 million dollars for a CAR. That’s the part of the story that makes him an idiot.
Hardly. One is free to spend their money however they please.
And unlike a lot of people with iphones, a playstation, Xbox, and Wii, big screen TV, along with 23 inch rims on their cars that cost more than the car, I strongly suspect this guy isn't getting a government check every week or demanding I pay for his health care.